10.31.2024

Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2024 registered net profit worth RON2.21 billion (EUR446 million), up 30.6% from the year-earlier more

10.24.2024

The Board of Directors of natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report on Oct 24 that it has called the ordinary general meeting of shareholders more

09.06.2024

BCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The revision of the forecast is because of the mere 0.7% more

09.02.2024

The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, shows that the activity in Romania’s manufacturing more

08.19.2024

A multijurisdictional team of Clifford Chance assisted Erste Group Bank AG and BCR in funding the development of a 99.2 MW onshore wind project that Nala Renewables bought from OX2. more

08.02.2024

BCR Group, which includes the second largest bank on the local market, in the first half of 2024 generated net profit worth RON1.31 billion (EUR264 million), up 18.3% from the H1/2023 gain amid rising more

07.01.2024

The manufacturing production level declined in June 2024 for the first time in the last three months, just like the employment level, and cost pressure has increased, according to a report regarding more

06.03.2024

The Romanian manufacturing sector’s performance improved further in May 2024, seeing the highest advance since July 2023, according to the latest BCR PMI® data. more

05.30.2024

BCR Leasing, the financial leasing company held by BCR Group, granted total financing of RON4.27 billion to its clients in the first quarter of 2024, up 18% from the same period of 2023, as per more

05.02.2024

The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, reached more than 50 points in April, which could be more

04.30.2024

BCR group in the first quarter of 2024 posted net profit worth RON620 million (EUR125 million), up 10.1% from the year-earlier period, amid improved operating performance supported by a rising more

04.22.2024

Eurowind Energy, a Danish renewable energy company, has signed a EUR65.33 million loan facility for the construction of a wind farm in Pecineaga, Constanta County, with a total capacity of 48 MW. more

04.18.2024

Banca Comerciala Romana (BCR) announces a new expansion of the George digital ecosystem through the launch of George SmartEU, a functionality that facilitates entrepreneurs’ access to complete more

03.29.2024

BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, of the Ford more

03.22.2024

BCR, the second largest lender in Romania by assets, plans to double exposure to the agrifood sector to EUR2 billion by the end of 2026, its representatives told ZF. more

03.05.2024

Agribusiness group Rodbun has contracted a syndicated loan facility totally worth EUR101.5 million via the refinancing and increase of existing facilities by EUR37.14 million. more

03.01.2024

Banca Comerciala Romana (BCR), in collaboration with the National Council of Small and Medium-Sized Private Enterprises in Romania (CNIPMMR), announces the launch of the BCR Romania Purchasing more

02.29.2024

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON2.32 billion (EUR469 million) in 2023, up 33% from 2022, driven by improved operating result more

01.18.2024

Law firm Filip & Company law firm assisted Banca Comerciala Victoriabank S.A., one of the largest banks in the Republic of Moldova, in finalizing the acquisition of BCR Chişinau S.A. from Banca more

12.19.2023

A new bond issue worth RON1 billion, issued by the Romanian Commercial Bank (BCR), one of the most important financial groups of Romania, started trading on the Bucharest Stock Exchange on Tuesday more

12.07.2023

Banca Comerciala Romana has raised RON1 billion from the investors on the Bucharest Stock Exchange via a bond issue due in 2029. more

11.21.2023

Banca Comerciala Romana (BCR) has launched BCR Seed Starter, a fully owned subsidiary and the first corporate venture capital company (CVC) incorporated by a bank in Romania, aimed at investing in more

10.30.2023

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2023 posted net profit worth RON1.69 billion (EUR343.8 million), up 10.3% from the same period more

07.31.2023

BCR group in the first half of this year registered net profit worth RON1.11 billion (EUR225 million), 6.6% higher than in the year-earlier period amid improved operating performance supported by a more

07.27.2023

Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banca more