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The largest bank in Romania, Banca Transilvania, registered a net profit of RON 4.10 billion (EUR 804 million) in 2025, up 16% compared to 2024, according to data published by the BT financial group on Thursday, February 26. BT’s acquisitions and mergers in 2025 strengthened the position of the Banca Transilvania Group in banking, private…

Romania’s Premier Energy Group reported a 327% increase in net profit to EUR 103 million in 2025, compared to EUR 24 million in 2024, according to the report sent on Thursday, February 26, to the Bucharest Stock Exchange. The increase was supported by the expansion of production capacities from renewable sources, the increase in electricity…

LGBTQ+ people in Europe are facing a coordinated far-right offensive, according to the annual report of ILGA Europe (The International Lesbian, Gay, Bisexual, Trans and Intersex Association), produced also with the contribution of the Romanian organization ACCEPT.  The document analyzes social, legal, and political events in 54 countries throughout the year. It points out that…

CEC Bank has extended a EUR 36 million financing facility to Veranda Obor SA, the owner of Veranda Mall in Bucharest, to refinance existing debt, support development plans, and enable capital distributions to shareholders for the first time. Veranda Mall has maintained an occupancy rate close to 100% and reported steady traffic growth, reinforcing its…

This year’s edition of the French Film Festival returns this March with more than 30 films, bringing a mix of recent releases and key works of contemporary French cinema to Bucharest and 15 other cities across Romania. The event’s Panorama section will once again highlight films that have made an impact at international festivals. François…

Greenvolt Group, through Greenvolt Power, announced that it secured a EUR 348 million financing package for the construction of a 253.1 MW wind project in Ialomița County, southeastern Romania. The project is expected to reach commercial operation in 2027. The funding was arranged through a consortium of major financial institutions, including UniCredit Bank S.A., Erste…

Bucharest has overtaken Cluj-Napoca as the city with the highest prices for apartments in the country, ending the latter’s status in this regard. According to data published by imobiliare.ro, the average asking price for new apartments in the capital increased by 22% in the last year, while in Cluj-Napoca, the percentage exceeded 6%. As a…

Brașov-Ghimbav International Airport in central Romania marked a milestone this week with the landing of its first civil cargo flight, airport officials announced. The flight, operated by My Freighter using a Boeing 767 aircraft, delivered roughly 47 tons of cargo. “The first civil cargo flight landed at our airport this afternoon,” reads the airport’s post…

The largest maritime and offshore training center in Europe, built by the Romanian Center for the Training and Professional Development of Naval Transport Personnel (or CENRONAV), was opened on Thursday, February 26, in Galați. The center is the result of an investment of over RON 64 million (EUR 12.5 million). The central point of the…

Innobyte, one of the leading Romanian companies specialised in eCommerce services and solutions, ended 2025 with a turnover of 15.18 million RON, an 8% growth YOY, and a net profit of 1.45 million RON, a 14% growth YOY. The financial results confirms the maturity of Innobyte’s operating model launched in 2022 and the company’s ability…