22 dec 2023

Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024. more

22 dec 2023

Sweets are an essential item of holidays in the homes of Romanians and Bulgarians, reveals a report by Colliers based on a survey among respondents of Romania, Bulgaria, Czechia, Hungary and Slovakia more

21 dec 2023

Law firm PeliPartners assisted the Gymboland Group, which operates a network of 13 indoor playgrounds in Bucharest, Ploiesti and Constanta, to sell the majority stake to the Black Sea Fund at the same more

21 dec 2023

The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute announced on more

20 dec 2023

Independenta Sibiu, a company Transilvania Investments, one of Romania’s largest investment funds, is a majority stakeholder in, has completed the first phase of the rehabilitation of industrial more

20 dec 2023

Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-November, with a volume of 133,238 units, up 14% from the year-earlier period. more

19 dec 2023

More than half (52%) of Romania employees plan for a career change in early 2024, motivated by the need of a wage increase, while another 27% remain open to this possibility, but do not have a more

18 dec 2023

A large part of companies in Romania, from micro-enterprises to large ones, will undergo a sizable business restructuring process in 2024 amid fiscal challenges and rising economic uncertainties, more

14 dec 2023

Iulius Group, the real estate developer controlled by Iulian Dascalu, has invested EUR130 million in connectivity solutions, infrastructure, alternative mobility, the development of bicycle paths and more

14 dec 2023

US logistic company GXO, which manages the warehousing and distribution of freight from the food and non-food industries in several warehouses of Romania, has expanded its distribution services from more

7 dec 2023

M Core group, made up of London & Cambridge Properties, Evolve Estates, Sheet Anchor and Proudreed, which owns 1,233 properties worth almost £5 billion, has acquired the 25 retail parks managed by more

5 dec 2023

A team of deal specialists of PwC Romania and lawyers of D&B David si Baias assisted the shareholders of Paola Confectii in the sale of the business to Canadian group Canada Goose. more

5 dec 2023

Shipbuilder Santierul Naval Orsova has sealed a EUR2.6 million contract for the construction of a river ship for Gebr.DE JONGE Shipbuilding Services of the Netherlands. more

4 dec 2023

Groupe Atlantic, a French company in the HVAC field has opened its first plant of Romania in PWP Bucharest North industrial park of Aricestii Rahtivani, Prahova county, where it will start the more

29 nov 2023

The number of foreigners who will be able to come to work in Romania in 2024 is likely to reach 140,000, up 40% from the threshold admitted for this year, namely 100,000. more

28 nov 2023

Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International School in more

27 nov 2023

Over 70% of real estate developers in Romania present a major insolvency risk amid rising challenges generated by falling real estate sales and hiked taxes, reveals an analysis conducted by consulting more

21 nov 2023

Turkey’s Jimmy Key, with an over 30-year experience in womenswear, will open its second store of Romania on December 8 in Bucharest’s AFI Cotroceni shopping center developed by AFI Europe. more

21 nov 2023

The Bucharest Stock Exchange (BVB) was the only stock exchange in Europe with a globally significant IPO: Hidroelectrica’s $2 billion offer placed BVB in the 4th place in the global ranking more

21 nov 2023

Autonom group, founded by brothers Marius and Dan Stefan, has launched a new ride hailing service on Bucharest market, called Blue, in the wake of a EUR5 million total investment. more

21 nov 2023

Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-October 2023, with a volume of 122,104 units, up 15.4% from the year-earlier period, of which 12,88 more

20 nov 2023

UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity generation more

20 nov 2023

Side Grup, the main wholesaler of cleaning and hygiene products locally, has leased almost 6,000 square meters of logistic spaces and offices in MLP Bucharest West park developed by Polish group MLP more

17 nov 2023

IKEA Romania, one of the largest furniture and home decor retailers in the market, posted 14.1% growth in sales to more than RON1.2 billion in the fiscal 2023, after having sold more than 22 million more

17 nov 2023

ProCredit Bank Romania has lent EUR3.15 million to nextE group for the construction of a photovoltaic station with an installed power of 7.4 MWp in Bistrita Nasaud county. more