Banca Transilvania today signed a binding agreement with OTP Group to buy its stake in OTP Bank Romania. As a result of this agreement, OTP Group is selling the subsidiaries of OTP Bank Romania as well which results fully exiting the Romanian […]
The European Investment Bank Group (EIB Group) expands its cooperation with Deutsche Leasing Romania IFN SA (DLRO), part of the Deutsche Leasing Group, by signing a synthetic securitisation transaction along with new lending commitments that will boost liquidity for Romanian […]
Global law firm Dentons advised UniCredit Bulbank and EBRD on the financing for the construction and operation of a large-scale solar plant in north-eastern Bulgaria and the addition of 112.5MW of new solar power generation to the national electricity system. […]
“Competition can be seen as a positive challenge because it helps us grow and improve. For us internally, it’s good to compare ourselves with other strong banks in the market. We will continue to target the top 3 banks in […]
Over the past year the insurance industry has seen an increasing need among customers, particularly those buying the mandatory liability insurance RCA, for installments solutions to facilitate access to these policies. In order to effectively meet this demand, tbi bank […]
BRD Groupe Société Générale announced its financial results for the year 2023. The company reported a net profit of 1.65 billion, a 24 percent growth compared with 2022. BRD Group full year revenues reached RON 3,834 million compared to RON […]
Bittnet Systems, the first IT company listed on the Regulated Market of the Bucharest Stock Exchange (BVB), is listing a new issue of bonds on Friday, February 2, 2024, worth 10 million RON. The newly issued Bittnet instruments will be traded […]
16 companies listed on the Main Market of the Bucharest Stock Exchange have received maximum scores for the 2023 VEKTOR by ARIR evaluation, the same number as last year; 4 issuers out of the 38 included in BETAeRO have received […]
ING Bank Romania will provide financing of over 32 million RON to the Adrem group, one of the largest entrepreneurial businesses providing services and solutions for the energy and industrial sector in Romania. With these funds, Adrem aims to put […]
The Ministry of Research, Innovation and Digitalization (MCID) finances with 182.2 million RON projects that involve the implementation of state-of-the-art technologies in 25 research and development themes covering a wide range of activity sectors such as industry, outer space, defence, […]
