01.31.2022

Law firm Filip & Company has provided legal assistance to Romania’s Ministry of Finance alongside law firm Linklaters in an early repurchase and partial switch of three series of U.S. more

01.11.2022

Romania needs to raise RON145 billion from the domestic and international markets this year to fund its budget deficit and refinance previous debt, considering its projected budget gap of 5.84% of GDP more

12.09.2021

Romania’s Finance Ministry reopened a bond issue due in 2030 and raised RON771 million from banks on Thursday, more than double the scheduled level of RON300 million, at an annual yield of 5.56%. more

12.07.2021

Romania’s public debt has increased by RON57 billion since the beginning of 2021 and reached RON556.4 billion, namely, 50.2% of Romania’s gross domestic product (GDP) in the last four quarters, in more

11.18.2021

Romania's finance ministry has reopened a bond issue due in July 2029 and raised RON544.3 million (EUR109.9 million) from banks on Thursday, above the targeted level of RON400 million, at an annual more

10.05.2021

Romanian Superbet group, the largest sports betting and gaming business in Romania, is strengthening its top management team, by recruiting Adrian Comaneci for the position of Group Commercial Finance more

09.20.2021

Romania’s Finance Ministry has reopened a bond issue due in 2028 and raised RON706 million from banks on Monday, RON406 million more that it set out to, at a yearly yield of 3.65%. more

09.07.2021

Lending broker Kiwi Finance expects to broker up to RON1.5 billion worth of loans until the end of 2021, along with a 30%-35% increase in customer numbers, compared with 2020, according to Anca more

07.01.2021

BCR Social Finance and the European Investment Fund (EIF) have agreed to provide financing of RON75 million to small- and medium-sized enterprises (SMEs), non-governmental organizations (NGOs) and more

05.25.2021

The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to EUR10 million to Garanti BBVA Consumer Finance, to finance energy improvements and resource efficiency of residential more

04.12.2021

Transavia, the largest poultry producer in Romania, held by the Popa family, has reached a combined portfolio value of EUR81 million, higher by EUR8 million than the level in 2020, per the annual more

03.25.2021

The combined value of Romania’s top 50 brands declined 3.7% in 2020, to EUR5.6 billion, amid global uncertainty caused by pandemic, but was almost 50% higher than in 2017, when the first Brand more

02.01.2021

Romania is present in 2021 edition of the global ranking of 500 most valuable banking brands, compiled by Brand Finance, with two financial institutions, namely, Banca Transilvania, which climbed to more

11.24.2020

Romania's Competition Council said Tuesday it was analyzing the deal whereby OLX Global BV intends to acquire Kiwi Finance SRL, the largest loan brokerage company on the Romanian market. more

10.29.2020

Romania will not shut down its economy as it did during the two-month state of emergency in spring, finance minister Florin Citu said Thursday in a radio interview. more

10.21.2020

OLX Group, present in Romania with the Olx, Storia and Autovit.ro brands, plans to acquire KIWI Finance, the largest loan brokerage company on the Romanian market, which currently is part of the more

09.29.2020

Swedish lender Hoist Finance AB has decided to enter the Romanian market and to operate as a branch, saying its activity starts in September 2020, according to Ziarul Financiar. more

08.07.2020

Alpha Bank Romania, part of Greek Alpha Bank Group, is set to integrate the financial investment operations provided by Alpha Finance Romania, a brokerage company on the capital market, Periklis more

07.14.2020

Romania's government has invested RON16.1 billion in the country's economy in the first six months and investments and consumption are excepted to cushion this year's economic downturn and lay a solid more

07.13.2020

Law firm Dentons on Monday said it has promoted Partner Simona Marin as Head of its Banking and Finance practice in Bucharest, leading a team of 16 lawyers, including three partners and three counsel. more

02.28.2020

The 50 most powerful Romanian brands are worth about EUR5 billion, 17% more than in 2018, the latest report of Brand Finance, a global independent branded business valuation consultancy, shows. more

02.11.2020

Romania will be placed under excessive deficit procedures in March at the earliest, outgoing finance minister Florin Citu said Monday evening on TV station Realitatea Plus. more

01.28.2020

Romania's consolidated budget posted a deficit of 4.6% of the gross domestic product in 2019, wider than the government's estimate of 4.4%, finance minister Florin Citu said Tuesday. more

01.23.2020

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01.14.2020

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