CEC Group reports a net profit of 687.9 million RON for 2024. The Group continued to consolidate its market position and recorded an increase in net assets to 99.33 billion RON – up 19 percent compared to the same period […]
The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to 120 million euros to AFI Europe (AFI) to support its development pipeline across Serbia, Poland, Romania and Czechia. The financing will enable AFI to […]
The European Business Women’s Patronage PEFA organizes the third edition of the Conference “Economic trends 2025”, an event dedicated to the economic challenges and opportunities of this year. The event will take place on March 31, 2025, starting at 10:00, […]
The European Investment Bank (EIB) agreed to a series of measures to further boost investment in security and defence and critical raw materials. The EIB’s Board of Directors also approved a total of 8.9 billion Euro of new financing for […]
The Ministry of Finance (MF) attracted over 1.4 billion RON and 168 million Euro (values totaling over 2.2 billion RON –452 million Euro), through the second primary offer for the sale of government bonds for the retail investors (FIDELIS) held […]
tbi bank reported a record net profit of EUR 50 million for 2024 – 18 percent higher year-on-year (YOY) based on unaudited consolidated financial results. Throughout 2024 tbi onboarded new merchant partners, including new verticals, and is now present in 31.000 merchant […]
The European Investment Bank (EIB) is committing up to 30 million Euro to a major wind-power project in Romania, accelerating the country’s green transition and energy independence. The EIB support will co-finance a planned second onshore wind farm in Pestera, […]
Patria Credit IFN, the oldest non-banking financial institution dedicated to microfinance in Romania, reported its financial results for 2024. As of December 31, 2024, Patria Credit’s loan portfolio was worth 185 million lei, up slightly compared to December 2023. The […]
The Finance Ministers in the European Union met on March 10-11 in Brussels to continue discussions on defence financing solutions, on the sidelines of the Economic and Financial Affairs Council (ECOFIN) and the Eurogroup in enlarged format (EU27), at which […]
Vista Bank announces the agreement with Alpha Bank and Alpha International Holdings for the acquisition of the shares (100%) in Alpha Leasing Romania, which also holds 100% of Alpha Insurance Brokerage Romania. The transaction is expected to be completed in […]
