New Car Registrations Up 1.4% YoY To 11,552 Units In October 2024
today, 14:23
New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show.
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Electrica Attracts Extra EUR200M In Non-Reimbursable Financing Via Modernization Fund 08.02.2024
Electricity supplier and distributor Electrica (EL.RO) announced in a stock market report on August 2 that its subsidiary Distributie Energie... more
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Sphera Franchise Group Opens KFC Drive Thru Restaurant In Craiova In Wake Of EUR1M Investment 08.02.2024
Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its... more
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JT Grup Oil Shares To Start Trading On AeRO Market As Of August 6 08.02.2024
Fuel wholesaler JT Grup Oil, which owns the newest private oil product terminal in Constanta harbor, announced in a press statement on August 2... more
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Real Estate Developer One United Properties Starts Construction of Mondrian Bucharest Hotel 08.02.2024
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces... more
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Law Firm Filip & Company Assisted Simtel Team in Share Transfer to Main Market of BVB 08.02.2024
Law firm Filip & Company granted legal assistance to Simtel Team, a Romanian engineering and tech firm, with regard to the transfer of its shares... more
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Delgaz Grid Signs Four Financing Contracts Worth RON932M For Investments In Electricity Distribution Infrastructure 08.02.2024
Distribution company Delgaz Grid, part of the E.ON group in Romania, signed four new financing contracts worth a total of RON932 million for... more
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BCR Group H1/2024 Net Profit Up 18.3% To RON1.31B 08.02.2024
BCR Group, which includes the second largest bank on the local market, in the first half of 2024 generated net profit worth RON1.31 billion (EUR264... more
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INS: Romania Industrial Production Prices Up 1.1% YoY In June 2024 08.02.2024
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 1.1% in June 2024 compared to June 2023, data... more
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Digi Communications Buys Nowo Communications, Portugal's 4th Largest Telecom Operator in EUR150M Deal 08.02.2024
Telecom operator Dgi, controlled by entrepreneur Zoltan Teszari, has signed a EUR150 million purchase agreement with Britain’s Lorca JVCO for... more
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Retele Electrice Companies Attract New, RON191M, European Funding for Investments in Distribution Infrastructure 08.02.2024
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of the PPC Group... more
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Integrisoft Solutions 2023 Turnover Up 30% To RON29.8M 08.02.2024
Integrisoft Solutions, a developer and provider of software apps and solutions for central and local public administration, in 2023 registered... more
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Cosmetics Maker Cahm Europe Budgets 37% Growth for 2024 08.02.2024
Cahm Europe, a Romanian producer of cosmetics particularly destined to hotels and the hospitality industry, has for 2024 budgeted RON41 million... more
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Dunca Expeditii Aims to Return to Profit By Yearend 08.02.2024
Dunca Expeditii, one of Romania’s largest road freight carriers, ended the first half of this year with flat turnover from the year-earlier... more
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Rolls-Royce To Have Official Showroom in Bucharest, Ahead of Other Capital Cities 08.02.2024
Michael Schmidt, who controls MHS Holding, which owns Automobile Bavaria and MHS Truck & Bus in Romania, has started a EUR1 million investment in... more
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Farmacia Tei Reaches Ten Units Locally 08.02.2024
Farmacia Tei chain, one of the most dynamic ones on the local market, boosted its turnover by 28% in the fist half of this year from the... more
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Flextronics Romania Reports RON757.9M Turnover For 2023, Up 14.6% YoY 08.01.2024
Flextronics Romania, the local subsidiary of the Singapore-based Flex Group (Flextronics), which manufactures components for communications, IT and... more
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Benchmark Electronics Romania's 2023 Turnover Down 13.4% YoY To RON687.6M 08.01.2024
Benchmark Electronics Romania, specializing in the production of electronic equipment and subassemblies for electronic equipment, reported a... more
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Transgaz Signs Syndicated Loan Contract For RON1.93M To Ensure Financing For Investment Projects 08.01.2024
Romania's SNTGN Transgaz SA, the technical operator of the National Gas Transmission System, signed a syndicated loan contract for a total amount... more
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TotalSoft Group Eyes Over EUR34M Turnover In 2024, Up 11% YoY 08.01.2024
TotalSoft Group, one of the largest software developers in Romania, targets an annual 11% increase in its consolidated turnover in 2024, up to... more
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Ilinka Kajgana, Chief Risk Officer At BCR, Takes Over Similar Role At Erste Bank Austria Starting August 1 08.01.2024
Banca Comerciala Romana (BCR) announces that, starting August 1, 2024, Ilinka Kajgana, Chief Risk Officer at BCR, will assume a new responsibility... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.