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.