Erste Private Banking Romania named Best Private Banking Service in Romania for the third consecutive year
Erste Private Banking Romania, BCR’s wealth management division, has been named the Best Private Banking Service in Romania by PWM/The Banker – part of the Financial Times Group – for the third consecutive year and by Global Finance for the sixth year in a row. These recognitions reaffirm Erste Private Banking’s leadership and strong market […]
CEC Bank signs 520 million lei guarantee agreement with BID to support SME financing
CEC Bank has signed a new guarantee agreement with the Romanian Investment and Development Bank (BID), enabling the bank to grant loans worth up to 740 million lei to small and medium-sized enterprises (SMEs), backed by a 520 million lei guarantee ceiling provided by BID. The partnership strengthens the portfolio guarantee mechanism designed to expand […]
Holcim Romania secures EU funding for Eastern Europe’s first onshore industrial carbon capture and storage project
Holcim Romania’s Carbon Hub CPT01 project, aimed at capturing and storing industrial CO₂ emissions, has been selected for funding by the EU Innovation Fund, marking a milestone for Eastern Europe’s decarbonization efforts. The project will capture CO₂ from cement and lime production at Holcim’s Câmpulung plant and store it permanently underground, helping to significantly reduce […]
EU funds can accelerate Romania’s economy only through reforms and strategic public investment
Romania’s economy faces fiscal pressures and administrative challenges, but European funds remain a key instrument for sustainable growth — provided they are matched by effective reforms and better public investment. This was the central conclusion of a debate organized by the German-Romanian Chamber of Commerce and Industry (AHK Romania) during its monthly members’ meeting on […]
Rheinmetall to invest €500 million in munition powder factory in Victoria, Romania
German defense company Rheinmetall is set to build a munition powder factory in Victoria, Brașov County, in partnership with the Romanian state. The total investment amounts to €500 million, and the project is expected to generate around 700 new jobs. The facility will be constructed from the ground up and is planned to produce approximately […]
Olympian Parks appoints Ana Dumitrache as CEO, targets 500,000 m² logistics portfolio
Olympian Parks, the industrial and logistics parks platform owned by Helios Phoenix, has appointed Ana Dumitrache as CEO, effective November 1, 2025. Her primary objective is to strengthen the company’s market position and lead its expansion toward a 500,000 square meter portfolio in the coming years. With over 25 years of experience in Romania’s logistics […]
Beko Romania supports Marius Nasta Institute’s Pulmonology Department with medical-grade appliances
Beko Romania has equipped the Pulmonology Department I of the “Marius Nasta” Institute in Bucharest with modern refrigeration units, enhancing hygiene, comfort, and operational efficiency for patients suffering from respiratory conditions. The initiative is part of the #ProiectNasta campaign and aligns with Beko’s long-term commitment to healthcare support. Under the program “Beko for Health | […]
E.ON invests EUR 2.2 million in community projects and sets record of 2.6 million kWh donated in 2024
In 2024, E.ON Romania allocated EUR 2.2 million to social and educational initiatives, bringing the company’s total community investment to EUR 22 million over recent years, according to its latest sustainability report. Over 1,500 employees—almost a quarter of the company’s workforce—engaged in volunteering activities last year, contributing around 6,000 hours to support 150 NGOs and […]
CEC Bank reports net assets of RON 99.4 billion and net profit of RON 304 million in H1 2025
CEC Bank ended the first half of 2025 with net assets of RON 99.42 billion, a 7% increase compared to the same period last year. The bank’s net profit reached RON 304.1 million, up 12.8% year-on-year, while group-level profit stood at RON 306.2 million, marking a 9.4% increase. In the first six months, the bank […]
MedLife invests EUR 3.1 million in new multidisciplinary clinic in Pitești
MedLife has opened the largest multidisciplinary clinic in Argeș County, following an investment of EUR 3.1 million. The new hyperclinic covers 1,500 square metres and offers integrated services including consultations, diagnostics, imaging, and day hospitalization. The facility includes 21 consultation rooms, 13 day-hospital beds, and an in-house medical analysis laboratory. Imaging services include MRI, CT, […]