joi, 09:51

Nine months after its launch in Romania, Munch app that aids reduce food waste, has reached 180 partners in 291 locations of Bucharest and Iasi, marking a 40% increase over the past six months. more

12 dec 2024

Footwear retailer Benvenuti, majority controlled by local entrepreneur Dan Pavel, expects to end the current year with turnover of around RON200 million (approximately EUR40 million), up from 2023, more

21 nov 2024

5 to go coffee shop chain is likely to reach around 670 coffee shops by yearend. more

17 oct 2024

The Romanian banking system is undergoing a favorable period from the perspective of the main financial and prudential indicators, as it continues to boast solvency, profitability and balance sheet more

4 oct 2024

Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia, the real estate platform launched by OLX, show, with more

25 sep 2024

German luxury sportswear brand Bogner, present in over 50 countries, is expanding to Romania by opening its first store in The Grand Avenue shopping gallery located on the ground floor of JW Marriott more

22 aug 2024

The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders to support businesses growth, and Morphosis Capital more

19 aug 2024

Financial analysts part of CFA Romania Association expect a 4.4% inflation for the next 12 months and Romanian currency to fall to an average value of 5.1062 units/euro. more

2 aug 2024

Telecom operator Dgi, controlled by entrepreneur Zoltan Teszari, has signed a EUR150 million purchase agreement with Britain’s Lorca JVCO for Nowo Communications, the fourth largest telecom operator more

4 iul 2024

Infomed Fluids, one of the largest drug makers with a local plant, ended 2023 with RON277 million turnover, up 45% from 2022. more

25 iun 2024

Romania’s two car plants, Automobile Dacia and Ford Otosan, in the first five months of 2024 churned out 246,346 units, up 8% from the year-earlier period, in line with data provided by the more

5 iun 2024

MAGNOR holding, a Romanian-held company specializing in pawnbroking and money exchange services, ended 2023 with RON100 million turnover, up 25% from the previous year. more

13 mai 2024

Cybersecurity company Safetech Innovation reported turnover worth RON11.7 million at individual level for the first quarter of 2024, up 95% from the year-earlier period. more

22 mar 2024

HP Inc. Romania, the local subsidiary of the US computer and printer supplier and IT services provider of the same name, has signed to extend by another five years the lease contract for 7,000 square more

4 mar 2024

Affidea group, the biggest player in the imaging field, has taken over the five clinics of MedEuropa Romania, specialized in radiotherapy, present in four major cities of the country. more

29 dec 2023

2024 plans of electricity supplier Getica 95, owned by businessman Viorel Tudose, envisage the management of production capacities, as well as electricity storage. more

17 aug 2023

Corrugated cardboard manufacturer Vrancart Adjud (VNC), a company in which the Paval brothers, the founders of DIY retailer Dedeman, have a 17% stake, for the first half of 2023 reported RON8.54 more

17 iul 2023

IFC, the World Bank’s investment arm, is providing EUR100 million to Banca Transilvania, Romania’s largest bank, as part of a EUR200 million subordinated debt financing package alongside the Asian more

16 iun 2023

The total number of tourists housed in accommodation units in the first quarter of 2023 stood at 356.6 thousand, with their expenditures amounting to RON938.5 million, namely around RON2.632 per more

8 iun 2023

Sweden’s fashion retailer H&M has set up a new company in Romania, this time an IT one. more

15 mai 2023

Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, in the first three months of 2023 generated RON7.3 million net profit, from net losses of RON10.9 more

9 mai 2023

Romanian investors have in the past five years purchased real estate properties worth EUR1.1 billion, accounting for 28% in the overall volume traded in this period, becoming the most dynamic buyers more

28 apr 2023

OMV Petrom, Romania’s largest oil company, ended the first three months of 2023 with RON9.5 billion sales, vs RON12 billion in the year-ago period, while net profit slipped by 15% to RON1.48 billion more

16 ian 2023

Omer Tetik, CEO of Romania’s biggest bank Banca Transilvania, says 2022 was a challenging year for the financial market, one of the most volatile years he has seen, but the bank ended it well. For more

25 nov 2022

The ten most valuable companies in Romania’s economy are this year valued at RON218 billion (EUR44 billion), 20% lower than in 2021. more