4 sep 2024

Mineral wool producer Knauf Insulation, part of Knauf group, has finalized the construction of Tarnaveni, Mures county, plant, the company’s most advanced production unit in CEE. more

3 sep 2024

The shareholders of ROCA Industry, a Romanian construction materials holding, have recently approved the proposal to launch the company’s first bond issue program on the local capital market. more

2 sep 2024

Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the real estate platform of OLX, show. more

2 sep 2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an increase of more

2 sep 2024

Romania factoring market reached EUR4.33 billion in the first half of this year, up 8% from the same period of last year. more

2 sep 2024

Resource Partners, a major regional manager of private equity funds, has taken over an 80% stake in Vola.ro, leader of Romania’s online tourism market, also present in Poland, Bulgaria and Moldova. more

2 sep 2024

Winemaker Purcari has announced Alex Filip, the company’s deputy CEO, will take over as Group CEO starting January 1, 2025. more

30 aug 2024

Private healthcare provider MedLife in the first half of 2024 saw its net profit rise threefold, from RON5 million in H1/2023 to RON17.4 million. more

30 aug 2024

Libra Internet Bank, part of US investment group New Century Holdings (NCH), in the first half of 2024 registered RON149.5 million net profit, down from RON160.7 million in H1/2023. more

22 aug 2024

Uniqa Asigurari and Uniqa Asigurari de Viata, the local companies part of Austrian group Uniqa, ended the first half of 2024 with cumulated gross underwritten premiums worth EUR67.8 million, 18% more

22 aug 2024

SIVA Uniforms, the main professional outfit plant in Romania, expects turnover to double this year, to EUR4 million, and aims expansion of the brand on new foreign markets. more

21 aug 2024

Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European Bank for more

21 aug 2024

French fintech iBanFirst, a leading global provider of foreign exchange and international payments for businesses, has appointed Alin Latu as Country Manager for Hungary, where the company launched more

21 aug 2024

Florin Melinte has been recently appointed as Deputy CEO of optical retailer Lensa, a position from which, together with Daniel Craciun, Lensa founder and CEO, will support the expansion of the more

14 aug 2024

Romania’s Competition Council says there are a number of competition-related concerns about the deal whereby Delhaize “The Lion” Nederland B.V. (Mega Image) is buying Profi Rom Food SRL. more

13 aug 2024

Real estate developer HILS Development held by Ionut Negoita saw a 28% growth in apartment sales in all its six completed or in development projects in the first half of 2024, the company said. more

13 aug 2024

Aquila (AQ.RO), an entrepreneurial fast-moving consumer goods distribution and logistics company, ended the first half of 2024 with RON35 million net profit, 15% lower than in the year-ago period, as more

9 aug 2024

Romania Finance Ministry is launching new Tezaur treasury bills starting Monday, August 12. more

9 aug 2024

AAylex ONE of Buzau, the company behind poultry brand Cocorico, has signed a syndicated loan agreement worth EUR20 million to support operating activities and business development. more

8 aug 2024

The Bucharest Stock Exchange, the operator of the local capital market and a majority stakeholder in the Central Counterparty (CCP) and the Central Depository, in the first six months of 2024 more

8 aug 2024

The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the biggest increase in the CEE region. more

8 aug 2024

The Financial Supervisory Authority has approved the prospectus of real estate developer One United Properties via which the company wants to raise EUR70 million from investors, by issuing more

7 aug 2024

Romania continues to rank third among European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of EUR1,504/sqm in 2023 for a new home, slightly up more

7 aug 2024

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, reported residential sales and pre-sales of 123.3 million euros in the first more

5 aug 2024

Garanti BBVA, a bank part of Garanti BBVA Romania group, ended the first half of 2024 with net revenues worth RON319.6 million, up 30.6% from the year-earlier period, while net profit overshot RON78.2 more