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Romania's manufacturing sector remained in contractionary territory in March, despite a slight improvement in business conditions, according to data from the BCR Romania Manufacturing PMI cited by Erste Group....
Raiffeisen Bank International AG is buying BBVA's Romanian Garanti unit for €591 million ($680 million) as it refocuses operations in central and eastern Europe to move past difficulties at its Russian unit....
Übernahme - Die österreichische Raiffeisen Bank International (RBI) hat in der Nacht auf Samstag die Übernahme der rumänischen Geschäftsbereiche der BBVA-Tochter Garanti bekannt gegeben....
Romanian government bonds are likely to extend their advance this year as the country works to reduce the budget deficit and inflation is expected to move closer to target, according to economists at Citigroup Inc. and ING Groep NV....
Romania has emerged from the bond-market turmoil seen earlier this year and falling borrowing costs mean there's no longer a question mark over the nation's debt-sale plans, Treasury Chief Stefan Nanu said Thursday....
INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, has completed the investment in Pehart Group, a leading producer of household and industrial paper products in Romania. The consortium of International Finance Corporation (IFC), Banca Transilvania and ING Bank Romania provided an over EUR 150 million financing package with a significant sustainable linked component to fund the transaction and further development of Pehart Group. ...
Romania's central bank injected liquidity into domestic banks for a second week as it sought to further calm money markets after increased volatility during recent political turmoil....