January 9, 2025
- Advertisement -
Home » Finance

Finance

Economics  / Finance  / Latest News  / Telecom
Filip & Company assists Digi Group in the acquisition of two loans of over 117 million euros and 50 million euros respectively
Petre Barac Posted On May 17, 2024


Filip & Company assisted Digi Group with the signing of two export credit facility agreements amounting to over 117 million euros intended to finance the acquisition of goods and services for the development of the telecommunications networks in Romania and […]


Continue Reading
0
4.0K Views


Economics  / Editor Choice  / Finance  / Top stories
Patria Bank posts net profit of 8 million RON, up 171 percent in Q1
Petre Barac Posted On May 17, 2024


Patria Bank registered a net profit of 8 million RON for the first 3 months of 2024, representing a 171 percent increase compared to the same period of the previous year. The result includes the new 2 percent turnover tax […]


Continue Reading
0
3.2K Views


Editor Choice  / Energy  / Finance  / Top stories
Photon Energy secures 15-million-euro project financing from EBRD
Petre Barac Posted On May 14, 2024


Photon Energy announces that it has signed a senior secured loan agreement in the amount of up to EUR 15 million with European Bank for Reconstruction and Development (EBRD). The signing of the agreement represents the Group’s second project financing […]


Continue Reading
0
3.4K Views


Editor Choice  / Finance  / Latest News
Garanti BBVA Romania recorded net profit of 177 million RON in 2023
Petre Barac Posted On May 13, 2024


Garanti BBVA Romania recorded a net profit of 177 million RON in 2023 and operating revenues of 521 million RON, achieving its targets set for the previous year. Garanti BBVA recorded a total loan volume of 9.2 billion RON in […]


Continue Reading
0
3.6K Views


Editor Choice  / Finance  / Top stories
Banca Transilvania reports net profit of 913.2 million Euro, up 35 percent in Q1
Petre Barac Posted On May 13, 2024


Banca Transilvania achieved positive results during the first three months of 2024, with increases in customers’ deposits, loan portfolio, transaction volumes and the number of clients attracted. BT Group’s consolidated net profit amounts to 1.13 billion RON (+35 percent compared […]


Continue Reading
0
3.4K Views


Editor Choice  / Finance  / Top stories
OTP Bank Romania posts net profit of 2 million RON, down 88 percent in the first quarter
Petre Barac Posted On May 10, 2024


OTP Bank Romania recorded a consolidated net profit of 2 million RON, down 88 percent in the first quarter of 2024. The result was influenced by a lower level of income, the increase in operating expenses and the new banking […]


Continue Reading
0
3.3K Views


Finance  / Latest News  / People
ING Bank Romania appoints Diana Mihai as new Head of Marketing, Communication and Brand Experience
Petre Barac Posted On May 9, 2024


Diana Mihai joins ING Bank Romania taking over the role of Head of Marketing, Communication and Brand Experience as of June 17, 2024. She brings 15 years of experience in the field, in local, regional and global positions, within companies […]


Continue Reading
0
3.8K Views


Editor Choice  / Finance  / Latest News
CEC Bank has financed over 3,000 investment projects from European funds
Petre Barac Posted On May 9, 2024


European funds have an essential role in Romania’s development, CEC Bank financing, from the start of the 2007-2013 Financial Year until now, more than 3,000 investment projects, according to Ramona Ivan, Director of Relations with National and International Institutions at […]


Continue Reading
0
3.1K Views


Editor Choice  / Energy  / Finance  / Top stories
EBRD lends over 46 million Euro for 102 MW onshore wind farm in Romania
Petre Barac Posted On May 7, 2024


The European Bank for Reconstruction and Development (EBRD) is lending over 46 million Euro as part of a 93 million Euro financing package to build and operate a 102 MW onshore wind farm in Romania. Urleasca Wind Farm, which will be […]


Continue Reading
0
3.9K Views


Editor Choice  / Finance  / Latest News
UniCredit Group reports net profit of 2.6 billion Euro, up 23.9 percent in Q1 2024
Petre Barac Posted On May 7, 2024


On 6 May 2024, the Board of Directors of UniCredit Group approved the consolidated results for the first quarter of 2024. In Q1, UniCredit reached net revenues of 6.3 billion Euro, up by 10.9 per cent quarter on quarter and […]


Continue Reading
0
3.3K Views