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...
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has received high praise from evaluators following a three-day official visit aimed at assessing its progress and determining whether the site will retain its UNESCO geopark status. The visit, conducted in June by Goran Radonic (Croatia) and Iván Cortijo Sánchez (Spain), concluded with positive feedback for the geopark […]
One United Properties (BVB: ONE), a publicly listed developer that has so far been focused on Bucharest, announced the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu. The site, located on the former FLARO industrial platform, offers significant potential for urban regeneration, according to company […]
Romania’s General Prosecutor’s Office announced the reclassification of the charges brought against former presidential candidate Călin Georgescu from instigator to accomplice in the “commission of actions against the constitutional order.” The statement published Monday, August 4, by the General Prosecutor’s Office does not name Georgescu directly, but refers both to the case in which the […]
Roughly 130,000 cartridges prepared for delivery were destroyed after a fire broke out at a warehouse part of the Cugir Mechanical Plant, in central Romania, on Saturday, August 2. No victims were reported, and an investigation is currently ongoing. The fire started around 2 AM, initially over an area of 300 square meters, which later […]
Uber and Bolt, the two alternative transportation platforms that dominate the Romanian market, have together registered over 100,000 affiliated drivers by the end of May 2025, according to official data from the Romanian Road Authority (ARR) reported at the request of Ziarul Financiar. The drivers who...
Romania’s president Nicuşor Dan signed 96 decrees approving the retirement of magistrates on August 1, with most leaving the judiciary immediately and the remainder scheduled to retire on September 1, Cursdeguvernare.ro reported. Among those stepping down is Corina Corbu, President of the High Court of Cassation and Justice (ICCJ). The wave of retirements...
