Category: Uncategorized

Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual Non-Call 5.5-year (PerpNC5.5) issue, with fixed interest until the first reset date. If the…

Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive…

Premier Energy Group (BVB: PE), a leading integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, announced the acquisition of a 100% stake in a ready-to-build battery energy storage system – BESS development located near Iași, eastern Romania. The project has a planned power input and output of 200 MW…

TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership,…

The Romanian capital will be in the spotlight at the festival Un Week-end à l’Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is…

Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by…

Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match.  Romania…

An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with the opening of one of its Christmas markets. In Bucharest: Gingerbread Fair November 22 – November 23 The garden of the Grigore Antipa Natural…

Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition, Digi24 reported. He is set to be taken directly into custody upon arrival at the airport, the local media said.  His son, Dorian…

Simtel (BVB: SMTL), a Romanian engineering and technology company listed on the main market of the Bucharest Stock Exchange (BVB), announced that it inaugurated a 52 MWp photovoltaic park in Giurgiu, the largest solar facility in Romania built through ecological reconversion on degraded industrial land. The project transforms a former industrial ash pit into a…