24 sep 2024

Romania's Competition Council is analyzing the transaction through which Autoklass Center SRL intends to acquire from Tess SRL the distribution, service and agency activities for the brands Volkswagen more

24 sep 2024

Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23, 2024). more

23 sep 2024

Cluj-based dairy producer Bonas Import Export (BONA.RO), listed on the AeRO market of the Bucharest Stock Exchange, reported net profit of RON358,239 for the first half of 2024, down 27.3% compared more

23 sep 2024

Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, ended the first half of 2024 with sales revenue of RON12 million, down 36.7% year-over-year, as per its half-yearly more

23 sep 2024

Romania's Finance Ministry raised RON667 million from banks on Monday (Sept 23, 2024) selling benchmark bonds, above the planned amount of RON500 million, at an annual average yield of 6.64%. more

23 sep 2024

Continuous upskilling is essential to remain competitive in today’s dynamic professional landscape, but only 65% ​​of employees see direct applicability in their current roles – this is the more

23 sep 2024

The BET index, the main index of the Bucharest Stock Exchange (BVB), is welcoming two new companies: Antibiotice Iasi (ATB) and Premier Energy (PE), starting September 23, 2024. more

20 sep 2024

Omer Tetik, CEO of Romania's largest bank, Banca Transilvania (stock symbol: TLV), has reported to the Bucharest Stock Exchange the sale of some 95,000 bank shares in three consecutive sessions. more

20 sep 2024

Global demand for electric vehicles (EVs) has slowed, and for prospective EV buyers, the main concern is a lack of charging infrastructure, according to the fifth annual EY Global Mobility Consumer more

20 sep 2024

Romania's Competition Council approved the transaction through which SEET Investment Holdings SarL, Danail Emilov Mladenov and Teodora Emilova Mladenova, through Goodpack SarL, intend to acquire more

19 sep 2024

Romania's finance ministry raised EUR5 billion on Sept 19 by tapping international markets with two euro-denominated bond issues and one US dollar-denominated bond issue, maturing in seven, twenty and more

19 sep 2024

Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press statement on Thursday (Sept 19). more

19 sep 2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a new drilling campaign using a state-of-the-art more

19 sep 2024

Romania's Finance Ministry raised RON599 million from banks on Thursday (Sept 19), selling benchmark bonds, way above the planned amount of RON200 million, at an annual average yield of 6.8%. more

19 sep 2024

Starting September 23, 2024, Romania's National Bank will add to the list of exchange rates the indicative quotations of the Romanian leu against the Hong Kong dollar (HKD), the Israeli shekel (ILS), more

19 sep 2024

The Ilfov Court has appointed INFINEXA Restructuring, a Romanian entrepreneurial company specializing in the restructuring of distressed firms, to act as insolvency administrator for meat processor more

19 sep 2024

NN Group, a Dutch financial services company operating in the local life insurance and private pension markets, and venture capital fund Rubio Impact Ventures launch the NN Social Innovation Startup more

19 sep 2024

Bergenbier S.A., part of Molson Coors Beverage Company group, one of the leading brewers in Romania, has announced changes in its management team: Alexandru Nomicos, who has held the role of Finance more

18 sep 2024

Romania is the country with the highest inflation rate among the European Union member countries, for the sixth consecutive month, after reporting an annual consumer price index of 5.3% in August more

18 sep 2024

Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said in a more

18 sep 2024

Marek Gebski is the new Marketing & Digital Director at Philip Morris Romania, effective October 1, 2024. more

18 sep 2024

The volume of construction works in Romania decreased, in unadjusted data, by 2.7% in January-July 2024 and by 2.5% when adjusted for the number of working days and seasonality, data from Romania’s more

17 sep 2024

Electricity supplier and distributor Electrica (stock symbol: EL) has informed its shareholders and investors in a stock market report on Sept 17 that it has attracted nearly EUR3.4 million in more

17 sep 2024

CIS Group, a local business that provides solutions and services for the energy sector, founded by entrepreneur Sebastian Calugar, has signed a contract for the construction of a photovoltaic park in more

16 sep 2024

Botosani-based suit manufacturer Formens, held by French entrepreneur Losson Gerard Justin Joseph, for 2023 reported a turnover of RON287 million (EUR58 million), up nearly 3% from a RON278.6 million more