31 aug 2021

Holcim Romania, the biggest producer of construction materials domestically, announced it opened a new eco-friendly concrete station, in Tunari locality, Ilfov county, where it is set to manufacture more

31 aug 2021

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) for the first six months of 2021 reported net profit worth RON18.2 million, almost 19% higher against the year-earlier more

11 aug 2021

Alro Slatina group, one of Europe’s biggest vertically integrated aluminum producers, posted losses of RON47.5 million in the first six months of 2021, compared with profit worth RON253.6 million in more

10 aug 2021

Steel mill Liberty Galati, Romania’s only integrated steel producer, reported turnover worth RON2.4 billion (EUR492 million) at the end of the second quarter of this year, 37% higher than in the more

10 aug 2021

Modern industrial space stock has exceeded 5.4 million square meters after almost 200,000 square meters of new class A industrial space was added in the first half. more

10 aug 2021

Alexandrion Group, the biggest alcoholic beverage producer domestically, with turnover close to RON955 million in 2020, has earmarked EUR600 million investment to build eight distilleries across more

10 aug 2021

Brasov-based mustard and sauce producer Sitemani has completed implementation of a green power generation project worth more than EUR155,000 with the help of E.ON. more

9 aug 2021

Vista Bank, the former Marfin Bank, owned by Greek-held Vardinogiannis group, has become the fifth bank on the Romanian market to introduce the instant inter-banking payment service, beside Banca more

9 aug 2021

Law firm CMS Romania will be one of the tenants of the One Tower office building, joining McCann Workgroup Romania, real estate consultant CBRE, Sanador and the Element group, developer One United more

9 aug 2021

Romania’s trade balance posted a deficit of EUR10.6 billion in January-June 2021, higher by EUR1.97 billion compared with the same period of 2020, data from the country’s statistics board (INS) more

3 aug 2021

Dino Parc of Rasnov, the largest dinosaur themed park in south-eastern Europe, generated revenue worth RON5.4 million in the first half of 2021, close to the level in the first half of 2019, the more

23 iul 2021

Transport Trade Services (TTS.RO), the largest Romanian shipping company on the Danube, has signed several contracts worth RON37 million in all with Cargill Agricultura, a leading grain trader in more

23 iul 2021

Private lending grew by 1.4% in nominal terms and 1.1% in real terms to RON300.3 billion in June compared with May, central bank data showed Wednesday. more

23 iul 2021

German-held discount retail chain Lidl, the leader of grocery retail in Romania, announced Marco Giudici will take over as chief executive officer on November 1, 2021, following departure of Frank more

23 iul 2021

Vodafone, one of the largest actors on the fixed and mobile communications market in Romania, which acquired former cable TV operator UPC in 2019, posted EUR190.9 million service revenue in the more

22 iul 2021

IFC, a member of the World Bank group, has agreed to provide a EUR73.5 million loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, the largest retail property owner in Central and more

21 iul 2021

Hold Invest, a company of businessman Calin Buzoianu, has completed sale of the Opera Plaza Hotel in Cluj-Napoca to the Babes-Bolyai University in a deal put at RON40 million. more

21 iul 2021

The value of the cars put up for sale on Romania’s largest online car marketplace Autovit.ro reached EUR1.65 billion in the first half, 40% higher on the year-ago period. more

21 iul 2021

Medical service provider MedLife (M.RO) has notified the Bucharest Stock Exchange on Wednesday that its CEO and chairman of the board Mihai Marcu sold 150,000 MedLife shares for RON17 each on July 15. more

20 iul 2021

Polish-held developer Scallier, which arrived in Romania via retail park chain FunShop Park last year, has acquired Prima Shops project built by Oasis Retail Development & Consulting in Timisoara. more

19 iul 2021

The total value of transactions with commercial real estate assets in Romania, which include office, retail, industrial and logistics space, as well as hotels, reached EUR298 million in the first more

19 iul 2021

Optical Investment Group (OIG), held by private equity firm Innova, expects more than RON135 million revenue by yearend, an increase of 30% on 2020, when it stood at RON105 million. more

9 feb 2021

Elefant.ro, one of the largest online retailers in Romania, posted 30% higher sales of books last year compared with 2019, even though the overall market witnessed a slight decline. more

4 feb 2021

Technical textile manufacturer Techtex seeks to develop partnerships on the US market, after getting its products approved by the country’s Food and Drug Administration (FDA). more

14 sep 2020

AFI Europe Romania, one of the largest companies on the local real estate market, has rented 55% of the AFI Park Brasov office building, which should be inaugurated this fall. The tenants include more