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A team of transaction specialists of PwC Romania granted assistance, financial and tax due diligence and deal support to investment fund T2Y Capital in relation to the acquisition of a minority stake in Prime Batteries, a Romanian producer of energy storage solutions.
Franklin Templeton International, the US that manages Fondul Proprietatea, on August 1 received, from a number of shareholders of the Fund who, according to their own assertion hold together a total of 5.27% of the Fund’s share capital, a request to convene the Ordinary General Shareholders’ Meeting of Fondul Proprietatea.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, opened the week at 6.61%, down from 6.64% on Friday, August 1, in line with central bank data.
Law firm Filip & Company legally assisted OLX Global B.V., part of Prosus group and a stakeholder in the company that owns online platform OLX Romania, with the sale of Kiwi Finance S.R.L., a leading real estate broker in Romania, to Partners Financial Services a.s., a major player in Czechia’s financial services field.
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu, marking the Company’s strategic entry into one of Romania’s most dynamic regional cities.
Rex Concepts BK Romania, the local franchisee of US fast food brand Burger King, has budgeted EUR6-7.5 million investments in 2025 for network expansion.
Boglar Champ ended 2024 with RON149 million turnover, up from RO134 million in 2023 and RON14.5 million net profit, from RON16.8 million, and targets RON170 million turnover in 2025, up 14% from 2023.
Otopeni handling companies raked in revenues worth almost RON340 million in 2024, up 20% yoy.
Dr. Max Group, which includes the pharmacies of the same name and drug wholesaler Mediplus, ended 2024 with over EUR2 billion (RON10.7 billion) turnover, after a 23% advance from 2023.
Bringo, the online fast grocery delivery service, part of French group Carrefour, launched its own loyalty program two months ago and almost 1 in 5 active users has already reached one of the program’s higher tiers – Silver, Gold and Platinum.
Romania's Ministry of Finance is conducting a new public offering for Fidelis government bonds dedicated to retail investors, between August 1 and 8, 2025.
Romania's foreign exchange reserves stood at EUR63.2 billion at the end of July 2025, higher by EUR4.94 billion than the EUR58.2 billion level reported on June 30, 2025, Romania’s central bank announced on Friday (August 1, 2025).
New car registrations in Romania decreased by 16.4% to 80,718 units in January-July 2025 compared with the year-ago period, data from Romanian carmakers’ association ACAROM show on Friday (August 1).
The Board of Directors of BRD SocGen (stock symbol: BRD), the fourth largest bank in Romania by assets, has appointed Jean-Pierre Georges Vigroux to the position of interim Chairman, effective from July 31, July 2025 until the appointment of a new Chairperson, as per a report published at the Bucharest Stock Exchange.
BCR Group, which includes the second largest bank in Romania, recorded a net profit of RON1.47 billion (EUR294 million) in the first half of 2025, up 12% from the net gain recorded in the same period of 2024, against the backdrop of improved operational performance and a higher volume of customer business.
PKO Bank Polski, Poland’s biggest bank, has funded, via its Romania branch, the acquisition of Purcari Wineries (WINE) shares by Maspex group.
An integrated team of transaction specialists of PwC Romania and M&A specialized lawyers of D&B David si Baias assisted the founders of Energobit, a major player in Romania electrical infrastructure, in the sale of the company to Vinci Energies, part of French group Vinci, a construction and infrastructure energy group.
Austrian group Erste, owner of BCR, ended the first half of 2025 with net profit attributable to owners of the parent company worth EUR1.66 billion, up 2.2% from H1/2024, while the operating result edged down by 0.4% to EUR2.96 billion.
The volume of online transactions rose by 20% in the first half of this year against the year-earlier period, maintaining recent years’ pace, as growth reached 22% in 2024.
Real estate investment trust Star Residence Invest Cluj intends to acquire an office building located on Polona Street in capital city Bucharest, at an aggregate price of EUR19 million.18948 items