BCR becomes the first BID partner supporting SMEs, with over 1 billion lei in financing
Banca Comercială Română (BCR) has become the first financial institution to sign a guarantee agreement with the Bank for Investment and Development (BID), under the new portfolio guarantee program for small and medium-sized enterprises (SMEs). The partnership enables BCR to grant SME loans exceeding 1 billion lei, using a BID guarantee ceiling of 710 million […]
Alexandrion Group invests €2 million in Romania’s most advanced bottling lines, boosting production capacity by up to 40%
Alexandrion Group, Romania’s leading producer and distributor of spirits and wines, has completed a €2 million investment in state-of-the-art automation, commissioning two fully automated bottling lines – the most advanced in the country. The modernization project increases total production capacity by up to 40% and marks a major milestone in the company’s digital transformation. Developed […]
Patria Bank reports 20% loan portfolio growth and over RON 1 billion in new loan sales in the first nine months of 2025
Patria Bank (BVB: PBK) announced a 20% increase in its total performing corporate loan portfolio, reaching RON 2.20 billion as of September 30, 2025. The Romanian bank listed on the Bucharest Stock Exchange strengthened lending across its Agro, Micro, and SME & Corporate segments, which saw annual growth of up to 42%. The expansion was […]
Romania introduces the “Golden Visa” Program: minimum investment of €400,000 and 5-year residence permit for foreign investors
Romania has taken a decisive step toward aligning with European standards for attracting foreign direct investment through the introduction of the “Golden Visa” Program, currently under public consultation in the Senate until November 13, 2025. Under the draft law, foreign nationals who invest at least €400,000 in Romania will be eligible for a five-year temporary […]
PENNY invests €35 million in new logistics center in Mihăilești
PENNY Romania has officially opened its new logistics center in Mihăilești, Giurgiu County, following an investment of €35 million. Covering 22,000 square meters and employing around 200 people, the new facility marks a key milestone in the retailer’s national expansion. It is expected to serve 50 stores by the end of 2025 and 100 stores […]
AROBS acquires 65% stake in Sibiu-based Gess Engineering to strengthen automotive testing and validation services
AROBS Transilvania Software (BVB: AROBS), Romania’s largest tech company listed on the Bucharest Stock Exchange, announced the acquisition of a 65% majority stake in Gess Engineering, a Sibiu-based engineering company specializing in vehicle testing, validation, and integration systems for the automotive sector. Gess Engineering, officially Global Engineering Services & Solutions S.R.L., brings to AROBS an […]
Mars invests USD 5 million in agricultural research to protect the global peanut supply chain
Mars, one of the world’s top five peanut buyers, has announced a USD 5 million investment in a five-year agricultural research program. The initiative, titled “Protect the Peanut,” aims to protect peanut crops from pests, diseases, and climate variability, in an effort to reduce supply chain disruptions and harvest losses. According to the company, up […]
BCR posts RON 2.47 billion net profit in 9 months, driven by strong lending and digital expansion
Banca Comercială Română (BCR) reported a net profit of RON 2.467 billion (EUR 491 million) for the first nine months of 2025, marking an annual increase of 11.2%. This performance was underpinned by the expansion of the bank’s client business, higher operating revenues, and continued momentum in retail and corporate lending. The bank recorded RON […]
OMV Petrom invests RON 5.1 billion in first 9 months of 2025, despite 13% drop in net profit
OMV Petrom reported RON 5.1 billion in organic investments between January and September 2025, up 28% year-on-year, amid a 20% decline in operating result and a 13% drop in net profit to RON 3.4 billion. The investment increase reflects the company’s 2030 Strategy implementation, with a focus on Neptun Deep and expanding its renewable energy […]
Voucher system generated over 1.4% of Romania’s GDP in 2024 and supported 213,000 jobs
A study conducted by the Bucharest University of Economic Studies (ASE) reveals that the value voucher system—including meal cards, holiday vouchers, and social aid tickets—contributed over 1.4% to Romania’s GDP in 2024 and supported more than 213,000 jobs nationwide. The findings were presented at the Policy & Impact Forum hosted by the French Embassy in […]