BCR Group, which includes the second largest bank in Romania by assets, reported its net profit rose by 10% y/y to RON 620 million (EUR 125 million) in Q1, "driven by improved operating results underpinned by advances in customer business."
The net interest income surged by 17% y/y to over RON 1 billion (EUR 200 million), and the net fees and commission by nearly 16% y/y to RON 254 million.
The bank says it extended new loans of RON 3.1 billion to households (mortgage and unsecured...
After its successful 2024 debut, Rooftop Season is back this summer with a new lineup of open-air concerts on the rooftop of the National Theatre in Bucharest. This year's edition, organized by Overground Music in partnership with the National Theatre, kicks off on July 7 and will feature weekly performances by some of Romania’s most […]
AS Piletilevi PLG (PLG), the largest ticketing operator in Central and Eastern Europe, has finalized the full acquisition of its Romanian operations, taking 100% ownership of Bilete.ro, Entertix.ro, and Myticket.ro. The group had previously acquired a majority stake in Bilete.ro, Romania’s oldest ticketing company, in mid-2023, followed by the purchase of Ticketing Nation S.R.L. - […]
Mobexpert, one of Romania’s leading furniture and home décor retailers, has opened a new hyperstore in Bucharest, located on Theodor Pallady Boulevard. Construction of the new commercial center began in 2024, and the showroom officially opened to the public on Thursday, July 3. Spanning over 10,000 square meters, Mobexpert Pallady features a wide range of […]
Vlad Gheorghe, formerly a member of the reformist opposition party Save Romania Union (USR) and now leader of extra-parliamentary opposition party DREPT, announced on Thursday, July 3, that he has filed a criminal complaint against former prime minister Marcel Ciolacu "for lying about the state of the economy and budget deficit." The complaint comes as the […]
Romanian finance minister Alexandru Nazare said Thursday, July 3, that the government’s new fiscal package had been negotiated with the European Commission and could receive a favorable assessment if adopted before the upcoming ECOFIN Council meeting,
Romanian journalist Ioana Dogioiu will take on the role of spokesperson for the government, the executive announced on Thursday, July 3. The appointment, it said, aims to strengthen dialogue between the government and society “in a climate that demands transparency, clarity, and trust.” “I thank Ms. Ioana Dogioiu for accepting this responsibility, which is far...
