Globalworth Real Estate Investment Limited, one of the leading real estate investment companies in Central and Eastern Europe, in partnership with BT Capital Partners, the financial group of Banca Transilvania, announces the second admission to tradi...more »

Garanti Bank granted a RON 9.3 million investment loan and working capital facility to Anima, part of Medlife Group, for the development of its network of clinics....more »

On the background of a falling unemployment and highest GDP growth in Central and Eastern Europe, Romanian CFOs enjoy an overall positive business climate yet they focus more on consolidation rather than on expansion of their businesses, according to the ninth edition of the Deloitte CFO Survey collecting the input of some of the largest players in the Romanian economy. ...more »

The National Statistics Institute (INS) reported in a press statement that the Gross Domestic Product estimated for Q4 2017 amounted to 258887.4 million lei current prices, up in real terms by 6.7 percent as against Q4 2016....more »

Banca Transilvania became the owner of the majority shareholding (99.15%) owned by Eurobank Group at Bancpost, respectively of the shares held in ERB Retail Services IFN and ERB Leasing IFN. With the completion of the transaction between Eurobank Group and BT, the integration of these entities into the Banca Transilvania Financial Group begins....more »

Bucharest Stock Exchange (BVB) went up by 9% in the first two months this year, as BET, the main index of the local capital market, closed February 2018 at 8,452 points, the second largest closing value recorded by BET during the January-February period this year. The increase posted by the Bucharest Stock Exchange is the largest among main indices of the capital markets of the European Union, Reuters data show....more »

While non-performing loan portfolio disposals picked up in 2016 with just over EUR 7 billion face value of completed deals in the CEE region (based on publicly available deal information), the enhanced debt sales market activity continued in 2017, according to the sixth edition of Deloitte's report on non-performing bank loans (NPL)....more »

Purcari Wineries, a leading CEE wine producer, lists today on the Bucharest Stock Exchange, under the WINE symbol, following a successful IPO of 49% of its shares. The offering was well received, with retail investors oversubscribing mor...more »

In 2017, the gross domestic product in Romania grew by 7.0% compared with 2016, the National Institute of Statistics announced. The Gross domestic product in the fourth quarter of 2017 was (compared to the same quarter of 2016) higher by 6.9% on the gross series and 7.0% for seasonally adjusted series....more »

The annual inflation rate climbed to 3.32 percent in December 2017 from 3.23 percent in November, above the forecasted level declared Mugur Isarescu, the governor of the National Bank of Romania . The evolution was mainly driven by the acceleration of basic inflation and, to a lesser extent, the volatility of food prices and tobacco prices. ...more »