KMG International Group signed a new syndicated credit facility of USD 531.8 million, with the possibility to be increased up to USD 600 million. The loan will be used by KMG International – Rompetrol Rafinare S.A. (operator of Petromidia Năvodari […]
Electrica Group, through Distributie Energie Electrica Romania (DEER), concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD). The 180 million RON loan will support the financing of the operator’s liquidity needs. DEER will continue the activity […]
The European Investment Bank (EIB) and the European Investment Fund (EIF) signed more than one billion Euro in financing for new investments across Romania. In 2022, the EIB Group’s engagement in the country included financing for health, urban development, forestry regeneration, tertiary education […]
OTP Bank Romania has registered an after tax profit of 34.6 million RON in 2022, 40 percent lower than the previous year. Operating profit in 2022 reached 217 million RON, 76 percent higher than in 2021, following the positive effect […]
BLIK, leader on the payment systems market in Poland, is launching in Romania, the second largest market in Central and Eastern Europe. The newly established company, BLIK Romania, will develop a digital payment system in RON. In the first phase, […]
Law firm Filip & Company assisted Instant Factoring, a Romanian digital factoring fintech, in obtaining a 600,000 Euro financing from several investors, including MicroEurope, a company active in the microfinance sector. The investment will be used to explore international markets […]
Raiffeisen Bank is listing its third issue of sustainable bonds, worth 369 million RON, on the Main Market of the Bucharest Stock Exchange. The bonds to be traded under the RBRO27C ticker symbol account for the first issue of bonds listed by […]
BCR Group announced its financial results for 2022, with a net profit of 1.74 billion RON (354 million Euro) in 2022, up by 23.8 percent against 1.4 billion RON (286.5 million Euro) in 2021, driven by improved operating result underpinned […]
CEC Bank reported an estimated, unaudited net profit of RON 446.8 million for 2022, up 22 percent compared to 2021. This is the fourth consecutive year of profits, growth and market share consolidation for CEC Bank. “In 2022, CEC Bank […]
The Bucharest Stock Exchange (BVB) announces that, on February 24, CEC Bank bonds, worth 119.3 million Euro, will be traded on the Main Market of the Bucharest Stock Exchange. The CEC Bank bonds will be traded under the stock ticker CECRO28E, this […]
