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ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

Deloitte Romania survey: 60 per cent of the CFOs find the fiscal and regulatory framework as unstable

On the background of a falling unemployment and highest GDP growth in Central and Eastern Europe, Romanian CFOs enjoy an overall positive business climate, yet they focus more on consolidation r...

Banca Transilvania to sell 350 million Euro worth of bonds

Romanian lender Banca Transilvania wants to sell subordinated bonds worth 350 million Euro, with a 10-year maturity and a fixed or variable interest rate.

American auto parts producer closes factory in Northern Romania

US auto parts producer TRW Automotive will close its wheel factory in Baia Mare, Nothern Romania.

Banca Transilvania acquires Bancpost, ERB Retail Services IFN and ERB Leasing IFN

Banca Transilvania has become the owner of the majority of shares (99.15 per cent) held by Eurobank Group in Bancpost, as well as the owner of shares held in ERB Retail Services IFN and ERB Leas...

Banca Transilvania launches online loans

Banca Transilvania, the second-biggest lender in Romania, has launched an online loan that allows clients to borrow up to 5,000 Euro.

The state of the economy is a reflection of public policy, says FIC

The Foreign Investors Council (FIC) considers that recent negative economic data which drew the attention of politicians are the result of legislation that was adopted without proper impact asse...

Unicredit estimates economic slowdown in Romania

The economic growth rate in Romania will slow down to 4.4 per cent in 2018, from close to 7 per cent last year, and the government risks to register budget deficits exceeding 3 per cent of GDP i...

Romania wants to join the Asian Infrastructure Investment Bank

Romania wants to join the Asian Infrastructure Investment Bank (AIIB) and will pay a 6.12 million USD installment this year for the membership.

Telekom Romania launches first loans in partnership with Alior Bank

Telekom Romania, one of the biggest local telecom groups, has launched its first two loans in partnership with Polish lender Alior Bank.

Bucharest Stock Exchange closes January 2018 in positive territory

Bucharest Stock Exchange (BVB) ended January 2018 with an increase of almost 8 per cent, after BET index, the main index of the local capital market, closed las month at a level of 8,370 points....

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Bucharest Stock Exchange almost doubles profit in 2017

Bucharest Stock Exchange group (BVB) recorded a net profit of 14.6 million RON (3.2 million Euro) in 2017, up by 89 per cent compared to the previous year.

Bittnet posts 58 per cent increase in turnover

Bittnet, one of the most dynamic local IT companies, recorded a 58 per cent organic increase of its business in 2017, to 21.7 million RON (4.75 million Euro).

More on News
TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Chief Investment Officer...

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, Prague - 10.3 per cent...

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

Iulius Mall: 2017 a good year both for office premises delivery and office demand from companies planning to expand

Compared to the other countries in the region, Romania still has some catching up to do in terms of high quality office spaces that measure up to European standards, Laurentiu Manea, Manager Off...

CW Echinox: Green certifications now a standard on the Romanian real estate market

2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a significant decrease of the ...

ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research & development centres t...

Conadi: One opportunity for the residential market is to deliver high-quality projects adapted to buyers' needs

Romania's residential market has started to recover, coming closer to normality and likely to achieve its maturity soon, according to Daniela Barbu, Marketing Communications Specialist at Conadi...

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian Traunfellner, Head of ...

JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania.

Great potential comes with big challenges

The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

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Daily Info
Bucharest wants to expand its Old Town
Bucharest's Old Town, the city's historic district, will expand to include 50 other streets in the city center, Bucharest mayor Gabriela Firea. The Old Town will also include the Jewish district in Bucharest....

American auto parts producer closes factory in Northern Romania
US auto parts producer TRW Automotive will close its wheel factory in Baia Mare, Nothern Romania.

Telekom Romania launches first loans in partnership with Alior Bank
Telekom Romania, one of the biggest local telecom groups, has launched its first two loans in partnership with Polish lender Alior Bank.

Fondul Proprietatea exits Conpet
Fondul Proprietatea, the fund managed by Franklin Templeton, has sold its minority stake in Conpet, the operator of the oil transport network in Romania.

The state of the economy is a reflection of public policy, says FIC
The Foreign Investors Council (FIC) considers that recent negative economic data which drew the attention of politicians are the result of legislation that was adopted without proper impact assessments that cou...