Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market share and assets climbed by 9%.
Oil drilling company Foraj Sonde Videle posted RON167.3 million turnover in 2024, up 29.2% from 2023.
Rompetrol Well Services, one of the leading wellbore special services companies in Romania, registered RON10.3 million net profit in 2024, 12.6% below the 2023 level.
Trump’s 25% threatened tariffs on EU products risk to pummel the local economy as the US is Romania’s second largest trade partner after UK, reveals an analysis by iBanFirst, a leading global provider of foreign exchange and international payments.