Raiffeisen Bank Romania announces that it has established a new organizational structure, designed to support growth plans across all customer segments and to adapt more efficiently to the current needs of the Romanian business environment. The new organizational model involves the creation of an SME Division that will manage the relationship and services offered to the customer segment consisting of small and medium-sized enterprises. This change comes at a time when the business environment is evolving rapidly, and the reorganization has as its main objective the strengthening of the bank’s capacity to offer fast, flexible financial solutions adapted to the realities faced by SMEs, in an increasingly dynamic and unpredictable macro-economic context, the press release states. “SMEs are a major engine of the economy. Through this reorganization we want to strengthen our position as a trusted partner of entrepreneurs and companies. It is a transformation designed not only strategically, but with respect for the effort of those who support the real economy. The new structure helps us to be where we are needed, with personalized services, faster decisions and a deeper understanding of current challenges”, stated Zdenek Romanek, President & CEO of Raiffeisen Bank Romania. The new organizational structure will include seven distinct divisions: President Division; Corporate & Investment Banking Division; Retail Division; SME Division; Risk Division; Operations & IT Division; Financial Control and Accounting Division.
How to Web Conference, the leading startup and technology event in Eastern Europe, will host multiple programs and formats for over 550 startups at its 2025 edition, taking place on October 1–2 in Bucharest. These programs are designed to support early-stage startups by offering valuable opportunities for growth, investor connections, and showcasing their innovations. “Our […]
Romanian state-controlled nuclear power producer Nuclearelectrica (SNN) posted a higher-than-expected net profit in the first half of 2025, as stronger financial income offset a surge in windfall tax expenses, brokerage firm Swiss Capital said in a note published on Monday on BVB Research Hub. The company booked a net profit of RON 867...
Romania’s Energy Ministry unveiled the energy voucher platform on Wednesday, August 20. Citizens with low incomes who register on the platform will receive aid worth RON 50 (EUR 10) per month to pay for their electricity bills. Not everyone is eligible for the state aid. Only single persons with incomes below RON 1,900 (EUR 375) […]
Romanian prime minister Ilie Bolojan will go on a working visit to the Republic of Moldova on Saturday, August 23 - his first as head of the executive. The visit will include a series of activities carried out together with the prime minister of the Republic of Moldova, Dorin Recean. According to the government, the […]
Romania’s famous Mud Volcanoes, located in the southern Buzău County, were recently scanned by experts from the National Institute for Earth Physics Research and Development with the help of drones equipped with modern sensors, in order to better understand the structure of the soil and the associated risks. INFP specialists, together with their partners Skyline […]
Romania’s residential market posted record apartment sales in July as buyers rushed to finalize transactions before the removal of the reduced VAT rate and the increase in the standard VAT from 19% to 21%, according to real estate consultancy Colliers. The VAT change came into effect as of August 1, driving a surge of last-minute […]
