Finance | 19 December, 2024 at 11:52 AM
OTP Bank Romania becomes Banca Transilvania on February 28, 2025
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
ALD Automotive and LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common identity.
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue.
PPC group of companies in Romania has started its first image campaign, thus marking the transition to the new brand identity.
The Competition Council has authorised the transaction through which Pavăl Holding intends to acquire the Carrefour group in Romania.
Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.
Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.
Christian Tour debuted on the BVB on 22 June, trading under the ticker symbol TRIP. The listing follows an IPO valued at RON 149 million (€28.4 million), with a 121% subscription rate. It is the first company from the organised tourism sector to debut on the local capital market.
OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.