24 mai 2024

Bogdan Neacsu, the chief executive officer of CEC Bank, the third largest lender in Romania by assets, has got his second term as chairman of the Romanian Association of Banks (ARB), after having been more

24 mai 2024

The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari, on the more

22 mai 2024

Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022. more

22 mai 2024

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units/euro in the next 12 months, while the inflation rate will more

21 mai 2024

The Romanian M&A market is among the top four M&A markets in the region in terms of deal volume and is increasingly gaining visibility with international investors and developing a strong local more

21 mai 2024

The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will generate new development opportunities in the south of more

20 mai 2024

The operating leasing market in Romania grew by 12% to 89,500 units under management in 2023, of which more than 90% are full service, according to the estimates of the Association of Operating more

20 mai 2024

Real estate holding Meta Estate Trust, in the first quarter of 2024 registered net profit worth RON2 million, three times higher than the net result reported in the year-earlier period. more

16 mai 2024

Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more

14 mai 2024

Irish retailer Primark, which opened its first Romania store in December 2022, plans to add its fourth store locally, in Vivo! shopping center of Cluj-Napoca. more

14 mai 2024

Photon Energy has signed a senior secured loan agreement worth up to EUR15 million with the European Bank for Reconstruction and Development (EBRD) that will finance the construction and completion of more

14 mai 2024

Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the year-earlier period, while operating revenues reached more

14 mai 2024

State-run nuclear power producer Nuclearelectrica ended the first quarter of 2024 with RON1.2 billion revenues, down 43.1% from Q1/2023, while net profit shrank by 26.5% to RON563.2 million. more

10 mai 2024

OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more

10 mai 2024

Private healthcare provider MedLife ended the first quarter of 2024 with pro-forma consolidated turnover worth RON647 million, up 22% from the year-earlier period, while net profit rose by 55.5% to more

10 mai 2024

OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly producing building materials, have signed an agreement more

10 mai 2024

Aerostar Bacau, a company that repairs and retools military aircraft, reported RON155.3 million turnover for the first three months of 2024, from RON124.7 million in the same period of 2023, the more

9 mai 2024

Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a RON200 million term deposit without auto-renewal option with Exim Banca Romaneasca. more

9 mai 2024

Law firm Filip & Company has assisted Centrokinetic network, specializing in orthopedy and medical recovery, aided in the deal by investment fund Agista as shareholder, in acquiring an almost 70% more

9 mai 2024

Aquila Part Prod Com, an entrepreneurial company providing distribution and logistic services for the consumer goods market, ended the first quarter of 2024 with 11% higher revenues than in the more

8 mai 2024

Building materials producer TeraPlast Bistrita, posted RON176.8 million turnover in the first quarter of 2024, up 20% from the year-earlier period, and narrowed losses to RON2.5 million, from RON2.6 more

2 mai 2024

Romania's foreign exchange reserves stood at EUR62.5 billion at the end of April 2024, lower by EUR1.7 billion compared with EUR64.2 billion on March 31, 2024, central bank data showed on Thursday more

2 mai 2024

BT Leasing Transilvania IFN, the financial leasing arm of Banca Transilvania group, ended 2023 with net individual profit of RON149 million, up 90% year-on-year, amid net interest income of RON166 more

2 mai 2024

Raiffeisen Bank Romania, the sixth largest bank by assets in Romania, ended the first quarter of 2024 with RON390 million net profit, down from RON414 million in the year-earlier period, as a result more

29 apr 2024

Meta Estate Trust, (MET.RO), a holding company in the real estate sector, has secured shareholder approval for distributing the 2023 profits as bonus shares to investors through a capital increase of more