International rating agency Fitch has upgraded the Long-Term Issuer Default Rating (IDR) of UniCredit Bank Romania (UCBRO) to BBB from BB+, with a stable outlook, and its short-term individual default rating (IDR) to F2, from B. The viability rating (VR) has been affirmed at bb. The two-notch upgrade of UCBRO's IDRs reflects the upgrade of its parent UniCredit S.p.A on 17 December 2021 and Fitch's decision to equalise the ratings of the Romanian subsidiary with those of the parent. The rating agency says that UCBRO's standalone credit profile has improved since the last review, but remains slightly weaker than larger domestic peers, in particular, due to a still higher impaired loan ratio, weaker profitability and moderately weaker overall franchise, with the latter impacting our assessment of the bank's business profile. UCBRO is a mid-sized (fifth-largest by assets) Romanian bank, accounting for around 8.0% of sector assets, 7.5% deposits and 8.6% loans at end-1H21.
De ce este esențial un program de gestiune pentru magazine În comerț, viteza și acuratețea contează. Fiecare minut pierdut cu verificări manuale înseamnă timp și bani. Un program de gestiune magazin centralizează toate activitățile într-o singură platformă: recepția mărfurilor, evidența stocurilor, emiterea documentelor fiscale, vânzările zilnice și raportarea financiară. Prin automatizarea proceselor, magazinele reduc erorile […]
The local Google team now counts more than 400 people, having grown from a small staff of a few employees in November 2010, when the US company opened an office in Bucharest. The Bucharest technology hub is currently Google’s largest wearables development center in the EMEA (Europe, Middle East, and Africa) region, and the solutions […]
On Thursday, October 30, 2025, over 150 board members, executives, and thought leaders gathered at the InterContinental Athénée Palace Bucharest for the Future of Boards Awards Gala 2025, organized by Envisia, the first business school in Central and Eastern Europe dedicated to the professionalization of board members and governance leaders. The event recognized responsible leadership […]
STIRIXIS Group’s projects were awarded as the best in their category in Greece and were shortlisted for the European Awards of the International Property Awards 2025, to be presented in January. STIRIXIS Group, the Greek strategic design company with an international presence in 29 countries and more than 850 projects worldwide, was honored in London […]
Romanian studio Amber collaborated with Amazon Game Studios and Death Row Games on the development of Courtroom Chaos: Starring Snoop Dogg, an AI-animated video game in which the rap artist appears in the role of a judge, Startupcafe.ro reported. In the game, up to six participants can play using only mobile phones, which connect to […]
Germany will provide more than EUR 500,000 this year to support teachers working in German-language education across Romania, the German Embassy in Bucharest announced. Through the Embassy, Germany is funding the project “Support for Teachers in German-Language Education in Romania” with a total of EUR 505,000. The initiative aims to promote the German language as […]
