2 sep 2024

Romania's foreign exchange reserves decreased by EUR392 million over the course of August 2024, down to EUR63.1 billion at the end of the month, compared with EUR63.5 billion at the end of July 2024, more

2 sep 2024

Genesis Property, one of the leading office building owners in Romania, has secured the BREEAM Outstanding Certification for the F building of the YUNITY Park business campus located in northern more

2 sep 2024

Deloitte Romania's management team expands as of September 1, 2024, following the promotion to directors of employees Ioana Lucaciu, Mihai Ionica and Andrei Stan, from the Audit and Assurance more

23 aug 2024

Romania's Competition Council has conducted unannounced inspections at the premises and stores of the company Profi Rom Food SRL in the cities of Timisoara and Bucharest. more

22 aug 2024

Road freight carrier Trans SESE, headquartered in Cluj-Napoca, the local subsidiary of Spanish group SESE, returned to profit in 2023, with net gain of over RON770,000 (EUR155,700), compared with net more

22 aug 2024

Pharmaceutical producer Biofarm Bucuresti (stock symbol: BIO) ended the first half of 2024 with net profit of RON42 million, down 17% from RON50.2 million reported in the same period of 2023, as per more

22 aug 2024

Cocor Bucuresti (COCR.RO), the operator of the shopping center in the center of Bucharest, reported net profit of RON2.6 million for the first half of 2024, up 165.5% compared with the result reported more

22 aug 2024

Romanian state-run port operator Oil Terminal (stock symbol: OIL) has announced in a stock market report on August 22 that it signed a partnership agreement with Swiss company Euronova Energies more

22 aug 2024

Anca Luca, who has been a community manager for startups within Banca Comerciala Romana (BCR) over the last years, was recruited by the InnovX startup accelerator for the position of Chief Growth more

22 aug 2024

Alina Iacomi, currently Tribe Lead Digital and product owner at ING Home’Bank in Romania, will take over the position of Chief Operating Officer (COO) at ING Italy, starting October 1, 2024, and more

22 aug 2024

Back-to-school spending is likely to remain unchanged this year, as 73 percent of parents are concerned about rising prices for everyday purchases, so low and middle-income ones are planning to spend more

22 aug 2024

Romania’s state-owned natural gas producer Romgaz (SNG.RO) announced in a stock market report on Thursday (August 22) the conclusion of a new transaction with E.ON Energie Romania, a company part of more

21 aug 2024

Car parts manufacturer Bos Automotive Products Romania, the local subsidiary of Germany’s BOS GmbH&Co. KG, had a turnover of RON421.6 million (EUR85.2 million) in 2023, down 5.6% from a RON445.4 more

21 aug 2024

Hungarian clothing brand Budmil has entered the Romanian fashion market with the opening of its first store locally, in the town of Targu-Mures, within the Plaza M shopping center. more

21 aug 2024

Real estate developer Impact Developer (stock symbol: IMP) ended the first half of 2024 with loss of RON12.8 million, compared with net profit of RON34.3 million in the same period of 2023, amid high more

21 aug 2024

Flaros Bucuresti (stock symbol: FLAO), a company specialized in leasing own spaces from the portfolio of Infinity Capital Investments (formerly known as SIF Oltenia), reported net profit of RON1.7 more

21 aug 2024

Fuchs Condimente Romania, part of Germany's Fuchs Group and one of the largest spice producers in the local market, has invested EUR14 million to expand its factory in Curtea de Arges and automate more

21 aug 2024

Romania's Competition Council is assessing the transaction through which Arctic Stream S.A., together with the Manescu family, intends to take over Data Core Systems S.R.L. more

21 aug 2024

The number of job vacancies reached 34.5 thousand in the second quarter of 2024, marking a decrease of 0.5 thousand compared to the previous quarter, data from the country’s statistics board INS more

21 aug 2024

Romania's Competition Council has fined six publishing houses and the Romanian Publishers Association a total RON5.9 million (approximately EUR1.2 million) for participating in anti-competitive more

21 aug 2024

Macofil Targu-Jiu, a building material producer listed at the Bucharest Stock Exchange under the stock symbol MACO, ended the first half of 2024 with net profit of RON6.9 million, up 26% from the more

21 aug 2024

German-held discounter PENNY, which has some 380 stores in Romania, has started works on its fifth warehouse in the country, located in Mihailesti, in the county of Giurgiu, and the investment is more

21 aug 2024

Law firm PeliPartners assisted Austrian group Immofinanz AG in the sale of myhive Victoriei (formerly known as Bucharest Financial Plaza) to AFI Europe, in a transaction worth over EUR27 million. more

21 aug 2024

Romanian artificial intelligence and blockchain technology provider Humans.ai announced the acquisition of Cluj-Napoca-based Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, more

20 aug 2024

The European Union member countries with the highest inflation rates in July 2024 were Romania (5.8%), Belgium (5.4%) and Hungary (4.1%), according to data provided by Eurostat, the statistical office more