Over the past 14 years, Garanti BBVA has financed environmental projects with more than EUR 500,000 through the partnership developed with WWF-Romania, the Bucharest-based bank said in a release on Monday, detailing that its cooperation with WWF-Romania began in 2010, with the launch of the WWF Bonus Card, which allowed cardholders to direct 0.3 percent of their purchases to WWF projects. Through this initiative, the bank contributed EUR 500,000-plus to essential actions carried out by WWF for the conservation of the environment in the Carpathian Mountains and along the Danube, supporting at the same time the sustainable development of local communities.The allocated funds allowed WWF-Romania to carry out a series of impactful projects, including: the improvement of the Forestry Code: Initiatives aimed at combating illegal logging and reducing deforestation; the WeWilder Campus - contribution to the sustainable development of the Armenis community (Caras-Severin County); the first BearSmart City - implementation of intelligent solutions to promote the peaceful coexistence between humans and bears; the bison reintroduction initiative, in collaboration with Rewilding Europe; ecological restoration in the Danube Delta, in Mahmudia, Tulcea County.Garanti BBVA is part of Garanti BBVA Romania Group, along with Garanti BBVA Leasing, Garanti BBVA Credite de Consum and Garanti BBVA Fleet Management. Garanti BBVA Romania is owned by Garanti BBVA, the second largest privately-owned bank in Turkey in terms of consolidated assets. The Spanish financial group Banco Bilbao Vizcaya Argentaria (BBVA) is Garanti BBVA's majority shareholder.WWF has been activating in Romania since 2006 to protect the wild environment in the Carpathian Mountains and along the Danube, being involved in projects related to protected areas, waters, forests, brown bears, the Danube Delta, sturgeons.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
