Vista Bank announces the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha Services and Holdings S.A., for the acquisition of the shares (100%) in Alpha Leasing (Romania) (which also holds 100% of Alpha Insurance Brokerage (Romania)). The transaction is expected to be completed in the 2nd quarter of this year and is subject to approval by the competent authorities. Mr. Georgios Athanasopoulos, Chief Executive Officer of Vista Bank says: “The acquisition of Alpha Leasing (Romania) represents another milestone for Vista Bank and is in alignment with our strategy to further increase and consolidate our position as Group in the market. We are focused to support the Romanian economy creating value for all the stakeholders, customers, employees, shareholders. We would like to thank the Alpha Bank S.A. and Alpha International Holdings S.MS.A. representatives for their cooperation and professionalism in this transaction.” PWC and David & Baias provided tax & legal advice. Vista Bank is operating in Romania since 1998 through a network of 35 branches and 5 Business Centers providing a full range of products and services to local and international clients.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
