ZF

Patria Bank’s Majority Owner Considers Full Or Partial Sale Of Its Stake

Fri, 18 Jul 2025 17:30:17 GMT

EEAF Financial Services, a Dutch special purpose vehicle backed by the European Bank for Reconstruction and Development (EBRD) and majority shareholder of Patria Bank, is looking into the possibility of selling some or all of its 84% stake in the lender, Patria Bank said in a report to the Bucharest Stock Exchange.

Antitrust Body Looks Into Planned Acquisition Of Three Wind Power Plants By Energy Distribution Services

Fri, 18 Jul 2025 12:01:46 GMT

Romania's Competition Council is analyzing the transaction through which Energy Distribution Services SRL plans to acquire three wind power plants held by the companies Ground Investment Corp SRL, Elektra Wind Power SRL and Elektra Green Power SRL.

Scala Development Secures RON119M Financing From Libra Bank For Scala Sopor Residential Project In Cluj-Napoca

Fri, 18 Jul 2025 10:33:00 GMT

Libra Internet Bank has granted RON119 million financing to the company Scala Development for the Scala Sopor residential project developed in Romania's northwestern city of Cluj-Napoca

Ryanair To Launch Its First Flights From Bucharest Baneasa Airport This Fall

Fri, 18 Jul 2025 10:08:58 GMT

Ryanair, the second largest airline operating in Romania by number of passengers carried, announces first operations from the Baneasa Airport of Bucharest, where it will introduce flights to Baden, Barcelona, Bari, Memmingen and Krakow this fall, company officials told ZF.

Filip & Company Assists Booster Capital In Acquisition Of A Stake In Artesana

Fri, 18 Jul 2025 08:50:00 GMT

Law firm Filip & Company has provided legal assistance to investment fund Booster Capital in connection with the acquisition of a stake in Artesana, one of the leading local producers of artisanal dairy products.

Statistical Office: Romanian Construction Works Up 4.2% YoY In May 2025

Fri, 18 Jul 2025 07:54:48 GMT

The volume of construction works in Romania grew by 4.2% in unadjusted data and by 2.9% when adjusted for the number of working days and seasonality, in May 2025 compared to May 2024, data from Romania’s statistical office INS showed on Friday (July 18).

Belgium’s Aukera Goes Ahead With Planned 1GW Of Green Power In Romania, Has 2GW Of Storage In The Works

Thu, 17 Jul 2025 19:55:42 GMT

Belgium’s Aukera announced at the end of 2021 its intention to reach a green energy portfolio of 1 GW in Romania. Now, 250 MW are in the construction start phase. Aukera says it will also add 2 GW of storage, a capacity that positions the company in the heavyweight league in this new energy project market.

Fortim Trusted Advisors: Office Space Leases Down 30% In Top Five Cities In Romania In H1

Thu, 17 Jul 2025 18:31:35 GMT

Office space rentals in the first six months of the year went down by an average of 30% in the five largest cities of Romania - Bucharest, Timisoara, Cluj-Napoca, Iasi and Brasov, with the sharpest decline in demand in the capital city, according to a report by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

Allianz-Tiriac: Over Two-Thirds Of Romanians Living Abroad Have No Insurance For The Houses And Cars Left In Romania

Thu, 17 Jul 2025 13:56:17 GMT

More than two-thirds (68.6%) of Romanians living abroad do not have any form of insurance in Romania, not even the mandatory home insurance, according to a nationwide online survey initiated by Allianz-Tiriac, despite the fact that nearly a quarter say they own a house or apartment in the country, and approximately 13% still own a car left to their family.

Token Payment Services Appoints Raluca Micu As Deputy General Manager

Thu, 17 Jul 2025 13:09:00 GMT

TOKEN Payment Services (TOKEN), the fintech company that was authorized by Romania's national bank as an online payment institution, has appointed Raluca Micu to the position of Deputy General Manager. In the era of instant payments, real-time visibility into cash flows is no longer an optional benefit, but an essential necessity for merchants’ success. We also see our platform as a catalyst for financial inclusion, providing SMEs with access to essential payment infrastructure and contributing to economic development,” said Raluca Micu, Deputy General Manager, TOKEN Financial Technologies Romania.

Finance Ministry Raises RON424M From Banks On July 17

Thu, 17 Jul 2025 11:59:30 GMT

Romania's Finance Ministry raised RON424 million from banks on Thursday (July 17), selling benchmark bonds, at an annual average yield of 7.33%.

Filip & Company Assists Finance Ministry In EUR4.7B Bond Issue

Thu, 17 Jul 2025 11:48:15 GMT

Filip & Company has assisted Romania's Ministry of Finance, alongside law firm Linklaters, in a new issuance of bonds in three tranches totaling EUR4.7 billion.

Romania's Finance Ministry Attracted RON1.65B In July 2025 From Investors On Bucharest Stock Exchange

Thu, 17 Jul 2025 11:37:50 GMT

Romania's ministry of finance has attracted RON681.3 million and EUR192 million (values totaling RON1.65 billion – EUR326 million), through the sixth primary offer for the sale of government bonds for the retail investors (FIDELIS) held in 2025 through the Bucharest Stock Exchange (BVB) systems.

Smartwings To Launch Bucharest-Prague Flights This Autumn

Thu, 17 Jul 2025 11:25:18 GMT

Smartwings, the largest airline in the Czech Republic, has recently announced the launch of multiple flights from Prague to various European destinations, including Romania's capital city Bucharest.

ING Bank Cuts Its Growth Forecast For Romania's Economy In 2025 To 0.3%, Sees Inflation Peaking At 8% In September-October

Thu, 17 Jul 2025 09:29:19 GMT

ING Bank has lowered its economic growth forecast for Romania in 2025 to 0.3% from its previous estimate of 0.8% and sees an “inflation hump” forming over the next 6-9 months, with inflation above 8% between September and October 2025 and marginally below that in December.

Colliers: Bucharest Office Market Touches 4-Year Low At Regional Level In H1/2025

Thu, 17 Jul 2025 08:50:00 GMT

Leasing transactions in modern office buildings in capital city Bucharest exceeded 100,000 square meters in the first half of 2025, which is lower by more than a third compared to the same period of 2024 – a sign that the market remains cautious amid both domestic and international uncertainties, according to Colliers consultants.

Statistical Office: Romania's Industrial Sales Up 2.1% YoY In January-May 2025

Thu, 17 Jul 2025 07:50:44 GMT

Romania’s industrial sales (on the domestic and external markets) grew by 2.1% in nominal terms in January-May 2025 compared with the same period in 2024, due to the mining industry spiking 16.7% and the manufacturing industry growing by 1.6%, data from the country’s statistical office INS showed on Thursday, July 17.

Dedeman Owners Buy DIY Retail Chain Praktiker Hellas In Greece For Over EUR130M

Thu, 17 Jul 2025 03:00:00 GMT

Paval Holding, the special purpose vehicle of DIY retailer Dedeman's owners, brothers Adrian and Dragos Paval, will buy the Greek chain Praktiker Hellas and acquire the company and related commercial properties - owned by Eurobank - for an amount exceeding EUR130 million, Greek media reports.

Traffic On Henri Coanda (Otopeni) Airport Hits Record High Of 7.8 Million Passengers In H1, 2025

Wed, 16 Jul 2025 21:00:09 GMT

Henri Coanda Airport (Otopeni), the largest airport in Romania, served 7.8 million passengers in the first half of 2025, a record traffic level, up 6% compared with the year-ago period and one million passengers more than in the first half of 2019, considered the best year in tourism until the pandemic, data the company officials sent to ZF show.

Etihad Airways To Launch Flights To Bucharest In March 2026

Wed, 16 Jul 2025 19:54:34 GMT

Etihad Airways, the national airline of the United Arab Emirates, announces the expansion of its network as part of its ongoing strategy to increase air traffic to Abu Dhabi and adds seven new destinations, the airline said in a statement.