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.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Romania's retail sales volume (excluding automotive and motorcycle trade) dropped 9.1% year-on-year in January 2026 in gross terms, and 6.5% when adjusted for working days and seasonality, according to data released by the National Institute of Statistics (INS).
Romania is set to host additional US military assets following a high-level Supreme Council of National Defence (CSAT) decision.