18 feb 2022

Debt collection firm Kruk Romania in 2021 bought over 60 portfolios, coming to manage more than 2 million Romanians in 15 years of activity, said Cosmina Marinescu, CEO of Kruk Romania. more

13 dec 2021

Bitdefender, one of the first private software companies established in Romania after the fall of communism, as well as one of the largest local software businesses and a key player in the global more

29 mar 2021

Daniel Dines, the founder of UiPath, the most valuable tech startup ever established in Romania, still owns 110,653,498 class B shares or a 5% stake of the 2.1 billion shares the software robot more

6 oct 2020

US private equity investment firm J.C. Flowers, which has bought two banks in Romania - Piraeus Bank and Leumi Bank in the past two years, forming what is now known as First Bank, is in pole position more

24 aug 2020

The number of insolvencies rose by up to 50% in June and July, compared with the year-ago period. more

3 mar 2020

Czech-held CEZ group has received preliminary financial offers valuing its operations in Romania at EUR1.1 billion to EUR1.3 billion, which could serve as the basis for its decision to sell the more

2 mar 2020

Austria’s Erste Group’s new CEO Bernhard Spalt said in Vienna during the presentation of the financial results on Friday that BCR, whose main shareholder the Austrian group is, did a very good job more

3 feb 2020

Spain’s BBVA put for up sale Garanti Bank Romania, a top ten bank in the local system, in the second half of last year, and banking sources say the contenders left in the race are Italy’s Intesa more

28 ian 2020

EximBank paid EUR61 million for Banca Romaneasca at a EUR130 milion capital acquired, says EximBank CEO Traian Halalai, which means the sale was done at a multiple of 0.4. more

22 ian 2020

Spain’s banking group BBVA has put up Garanti Bank Romania up for sale, a bank it owns by being the majority shareholder of Garanti Bank Turkey and has kept the process supervised by the BBVA more

10 ian 2020

BCR put up for sale its operating leasing division, Fleet Management, at the end of last year and is now trying to find a buyer, merger and acquisitions market sources say. more

31 dec 2019

State-owned EximBank has officially started the process of taking over Banca Romaneasca, following approval from Romania’s central bank in mid-December and appointed Lucian Anghel chief executive more

17 dec 2019

Romania’s central bank has given the green light to the acquisition by state-owned EximBank of Banca Romaneasca from the National Bank of Greece, one of the largest Greek financial groups, which more

9 dec 2019

Law firm Tuca Zbarcea & Asociatii has partnered with investment banking and corporate finance firm Trident Capital Investment to provide integrated services to customers interested in a listing or a more

4 dec 2019

Electricity generation company Hidroelectrica valued at EUR4.3 billion seeks to hire an international consultant to prepare it for the stock sale and listing process. more

8 nov 2019

US-based asset management firm Rohatyn has invested in the radiation therapy clinic network Amethyst, established by Ludovic Robert in 2010, one of the founders of the Sensiblu retail pharmacy chain, more

23 oct 2019

France’s Credit Agricole, one of the largest banks in Europe, is trying to find a buyer for its bank in Romania. Alpha Bank and Vista Bank are looking at Credit Agricole Romania, banking market more

18 oct 2019

Italy’s Humanitas Net group, which owns nine hospitals in Italy, is carefully looking at private healthcare network Regina Maria, which its majority shareholder, buyout investor Mid Europa Partners, more

10 sep 2019

Doina Cepalis, the owner of the Te-Rox group, is looking for a financial investor to buy into her business. The entrepreneur wants to sell a minority stake to a private equity firm and continue more

3 sep 2019

Romania absorbed only 25% of the funds allocated by the European Union for major infrastructure projects. The biggest infrastructure projects funded with EU funds include the rehabilitation of railway more

29 iul 2019

Real estate developer One United Properties, one of the largest in Bucharest, has sold an 8% stake to a group of Romanian individual investors for EUR22.7 milion. This values the group held by Victor more

26 iul 2019

Dutch executive Henk Paardekooper, who ran RBS Romania in 2012-2014, will be taking the reins of First Bank (formerly Piraeus Bank) as of August 8, following Briton Dominic Bruynseels’ resignation more

24 iun 2019

The acquisition of 99.28% in Banca Romaneasca by Eximbank from National Bank of Greece announced on Thursday night is an about EUR310 million deal, financial market sources say, EUR60 million of which more

20 iun 2019

Private equity firm Abris Capital, one of the most active financial investors in Romania, has acquired dental supplies and equipment wholesaler Dentotal for EUR15 million, ZF has found. more

5 iun 2019

The natural gas project in the Black Sea is extremely valuable, but solid guarantees, predictability and fiscal and legislative stability are needed for it, says Christina Verchere, CEO of OMV Petrom. more