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Dutch group ING is in direct talks with Spanish group BBVA to see whether it can buy Garanti BBVA Romania, in a bid to more rapidly grow its foothold on the Romanian banking market and not lose ground to other banks under consolidation.
Romania's finance minister Alexandru Nazare has announced that the government has adopted a new package of fiscal measures aimed at reducing budget spending and supporting economic recovery.
Romania's budget deficit reached 6.4% in November 2025, compared to 7.15% in 2024, which means roughly RON121 billion versus RON125 billion recorded in 2024, the country's Prime Minister Ilie Bolojan has announced in a Facebook post on Wednesday (Dec 24).
Hidroelectrica (stock symbol: H2O), the largest electricity generation company in Romania, has called its shareholders for a meeting on January 27, 2026 to vote on a Joint Venture partnership (JVC) with France's EDF Power Solutions International.
Romania’s insurance market reached a volume of gross underwritten premiums of RON18.7 billion at the end of the January-September 2025 period, up 11% against the year-earlier interval, in line with data released by Romania's Financial Supervisory Authority (ASF) in its latest report regarding the evolution of the insurance market in the first nine months of 2025.
Romania's state-owned Investment and Development Bank (IDB) has a new interim management team consisting of Raluca Nicolescu, interim Deputy Chief Executive Officer (CEO), Simina Bossennec and Razvan Prundeanu, Deputy CEOs.
Romania's state-owned Investment and Development Bank (IDB) has a new interim management team consisting of Raluca Nicolescu, interim Deputy Chief Executive Officer (CEO), Simina Bossennec and Razvan Prundeanu, Deputy CEOs.
Romania's Competition Council submits to public debate the commitments proposed by Germany’s Schwarz Group, to remove the competition concerns identified on the retail market of food and non-food consumer products, in the context of the acquisition of Supermarket La Cocos SA.
ING Bank has revised its growth forecast for Romania's economy in 2025 to 1.1% from its previous estimate of 0.3%, supported by a stronger-than-anticipated third quarter.
Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing a new Eurobond issue, worth EUR500 million, on the Main Market of the Bucharest Stock Exchange (BVB), on December 23.
ING Bank ended the first nine months of 2025 with revenues of over RON3 billion, up 6.1% year-over-year, and a loan portfolio of RON47.5 billion, up 10.7% year-over-year.
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, advised Carmistin International SRL in connection with the EUR500 million financing arranged by Banca Comerciala Romana (BCR) and ING BANK N.V. – Bucharest branch, in which most banks present on the Romanian market participated.
Tiberiu Moisa, Deputy CEO of Banca Transilvania (stock symbol: TLV), the largest credit institution in Romania, on December 17 sold a total of 100,000 TLV shares, at a price of RON30.1495 per share, which means little over RON3 million.
Real estate consulting firm Griffes has brokered the lease of 6.000 square meters of office space in Unirii View, the tallest office building in downtown Bucharest.
Private equity fund MidEuropa has completed the exit from Regina Maria private healthcare network, which it had sold to Mehilainen Group, Finland’s largest private healthcare provider.
Banca Transilvania has granted an investment loan of over EUR75 million to the company Nova H, owned by Nova Power & Gas, for the development of the largest battery energy storage facility in Romania, with a power of 200 MW and a storage capacity of 400 MWh.
AmCham Romania shares the results of the 7th annual survey on Romania’s investment and business climate, which signals a sharp deterioration in private sector confidence: only 21% of companies now assess the situation as good or very good, compared to 45% in 2024, with confidence level falling even below the level of 2020, an year marked by recession and the uncertainties generated by the COVID-19 pandemic.
Romania's oil and gas group OMV Petrom announced in a press statement on Monday (Dec. 22) that, together with state-owned electricity producer Complexul Energetic (CE) Oltenia, it has initiated the construction phase for four photovoltaic (PV) plants with a total planned capacity of around 550 MW.
DRI, the EU renewables arm of the largest private energy company in Ukraine, DTEK, has put into operation its Vacaresti solar park with 126 MWp in peak capacity.
Romania's Competition Council has launched a study aimed at identifying the barriers that limit Romanian farmers’ access to the pork processing and sale market, against the backdrop of increased imports and declining exports.19228 items