Tag: loan (10 articles)

Finance   |   1 August, 2025 at 10:52 AM

BCR records net profit gain of 12% in H1 2025

BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.

Real estate   |   1 July, 2025 at 4:10 PM

Mortgage rates in Romania on growth trend in H2 2025

Mortgage interest rates are projected to increase in the second half of 2025, impacting both fixed-rate mortgages, which constitute over 99% of new mortgage volumes, and variable-rate mortgages, according to a recent analysis by online broker Ipotecare.ro and SVN Romania | Credit & Financial Solutions.

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Premier Energy acquires 200 MW battery storage project in Romania
Energy

Premier Energy acquires 200 MW battery storage project in Romania

Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh and is expected to be constructed primarily during 2026, with commissioning planned for late 2026 or early 2027.

Energy

Rețele Electrice Romania launches €27 million grid digitalisation project

Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS) and workforce management system (WFM) to continue digitalising the electricity distribution network. The project is valued at over €27 million and the services were purchased through a tender on the public procurement platform.

Real estate

Contakt enters Czech market with Prague stores

Romanian mobile phone accessories retailer Contakt has announced its entry into the Czech market with two locations in Prague, marking a new step in its European expansion plan. The company has signed for locations in high-traffic malls with official opening estimated for March 2026.