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otp bank

OTP analyzes Romanian central bank’s decision to block the acquisition of Banca Romaneasca, could appeal against it until March 29

Banking March 19, 2018 14:36 0 comments

The Hungarian financial group OTP announced on Monday that its management 'is analyzing the legal aspects' of the Romanian central bank's decision to reject the takeover of Banca Romaneasca and said it could appeal against…more »

Bucharest Stock Exchange

Romania’s main stocks index BET reaches record from the last 9 months and a half

Stock Exchange March 16, 2018 12:17 0 comments

The main index of the Bucharest Stock Exchange (BVB) reached on Friday morning the highest level from the last nine months and a half. The BET index, which tracks the 13 most liquid shares, reached…more »

Bucharest Stock Exchange

BVB has increased by 9 percent in the first two months of 2018

Stock Exchange March 05, 2018 17:37 0 comments

Bucharest Stock Exchange (BVB) increased  by 9 percent in the first two months this year, as BET, the main index of the local capital market, closed February 2018 at 8,452 points, the second largest closing…more »

Bucharest Stock Exchange

Half of Romanian stock exchange indices have grown by more than 8 pct in 2018

Stock Exchange March 02, 2018 11:23 0 comments

Of all the stock exchange indices in Romania, half have grown by more than 8 percent since the beginning of the year, and the BET, which shows the evolution of the most traded 13 companies…more »

Sphera Franchise Group sees 35.5 pct drop in 2017 profit despite sale surge driven by KFC

Restaurants February 27, 2018 10:57 0 comments

Sphera Franchise Group, the operator of 111 KFC, Pizza Hut and Taco Bell restaurant chains in Romania, said its net profit fell by 35.5 percent to RON 31.4 million (EUR 6.7 million) in 2017 year-on-year,…more »

Eurostat: Romanians on the last place in EU regarding financial assets and liabilities

Banking February 22, 2018 14:42 0 comments

Romanian households are on the last place in European Union for financial assets, as a percentage of gross domestic product (GDP), but are significantly less indebted than other European households, according to Eurostat data published…more »

cvi investments

Private debt investor CVI closes first year in Romania with 2 major transactions

Stock Exchange February 21, 2018 11:23 0 comments

CVI, an independent Polish private debt company and one of the largest European institutions investing in corporate debt instruments, ended 2017 with two significant transactions closed in Romania. In July 2017, IMPACT S.A., a company…more »


Anghel: Romania’s capital market survived the biggest correction of US stock markets in 10 years

Stock Exchange February 20, 2018 09:33 0 comments

The president of the Bucharest Stock Exchange (BVB), Lucian Anghel, says that the Romanian capital market resisted the biggest correction of the US stock markets in the last decade. The main index of the BVB,…more »

It’s alive! Stock markets show signs of recovery worldwide. BVB is on hold

Stock Exchange February 19, 2018 13:50 0 comments

Stock markets around the world are showing positive signs as they start the week, following the recent volatility which had made investors worried. Markets seem to have overcome their concerns about American interest rate hikes…more »


Fondul Proprietatea’s 2017 net profit was 188.5 pct higher than in 2016, at RON 1.2 bln

Stock Exchange February 15, 2018 13:35 0 comments

Fondul Proprietatea (FP) had a net profit of RON 1.28 billion in 2017, a 188.5 percent increase from 2016, when the net profit was RON 447 million, a report by the company states. According to…more »