16 dec 2022

Business angels investment platform Growceanu is investing EUR80,000 in MedTech startup MediNav, which uses AI to extract structured medical information, in a EUR250,000 round. more

16 dec 2022

Automobile Dacia and Ford, Romania’s two carmakers, in the first 11 months of this year manufactured 473,535 passenger cars, up 24.6% from the same period of 2021, in line with data provided by the more

16 dec 2022

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of three historical buildings in more

15 dec 2022

Consulting services company PwC Romania will include the solutions developed by the Romanian fintech Finqware in its automation services portfolio amid companies’ rising demand for solutions related more

15 dec 2022

Paper manufacturer Pehart Tec, controlled by private equity fund Abris Capital, is extending to EUR78 million the syndicated loan contracted in 2020. more

13 dec 2022

Delivery platform Bringo has leased a 600-sqm area in Eminescu Offices office building developed by Akcent Development in downtown Bucharest and managed by the Asset Services team of Cushman & more

8 dec 2022

Euroest Car, a Romanian company specializing in car part import and distribution, has leased 9,500 square meters in industrial park CTPark Chitila, developed by CTP in north-western Bucharest. more

8 dec 2022

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has contracted a EUR5 million (RON25 million) loan from ING Bank Romania for the more

7 dec 2022

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has announced the opening of a subsidiary in Chisinau, the Republic of Moldova, more

29 nov 2022

AROBS Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has announced the completion of the first stage of the Stock Option Plan scheme for the stimulation more

29 nov 2022

Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen averaging more

16 nov 2022

Forty Management, one of the leading real estate developers of mixed-use and urban redevelopment projects in Romania, has completed the sale of 1,220 square meters of retail space located in its more

16 nov 2022

Meta Estate Trust, a holding company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, ended the first nine months of 2022 with total revenues worth more

16 nov 2022

Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), for the first nine months of 2022 reported RON14.8 million net profit, up 106.4% from the year-earlier more

15 nov 2022

Construction materials producer Prefab Bucuresti reported net profit worth RON7.45 million in the first nine months of 2022, down 22.9% from the year-earlier period, amid RON72.9 million turnover, more

15 nov 2022

Wine maker Purcari for the first nine months of 2022 reported net profit worth RON35.3 million, down 11% from the same period of 2021, amid RON199.7 million revenues, up 20%. more

14 nov 2022

Alro Slatina Group, one of the largest vertically integrated aluminum producers Europe, saw its net losses widen to RON110 million in the first nine months of 2022 from the RON25 million in the more

10 nov 2022

OTP Bank Romania, the local subsidiary of Hungary’s largest banking group posted RON15 million loss in the first three quarters of 2022, largely due to the increase in total provisions to RON151 more

9 nov 2022

Teilor, the luxury jewelry store chain with bonds listed on the Bucharest Stock Exchange, continues to expand in Poland by opening a new store, in Wroclaw, thus reaching a portfolio of 13 units more

9 nov 2022

Alpha Bank, among the ten largest banks by assets in Romania, in the first nine months of 2022 generated profit before tax worth EUR36.7 million, 82.5% higher than in the year-earlier period. more

8 nov 2022

Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a year from more

8 nov 2022

2Performant, the main player on Romania’s affiliated marketing market, reported RON23.7 million turnover in the first nine months of 2022, up 43% from the year-earlier period. more

8 nov 2022

Finas Group, a Cluj-based company operating on the green power, has partnered, in a joint venture, with DTEK Renewables International, the main private energy investor of Ukraine, in a bid to develop more

8 nov 2022

Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2%) and more

4 nov 2022

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, posted net profit worth RON1.53 billion (EUR312 million) in the first nine months of 2022, up 34.8% from the same period of more