20 aug 2024

NN announced that it paid over RON575 million in the first half of 2024 to life, health, and home insurance clients and to participants to private pension funds managed by NN, which translates into a more

20 aug 2024

Deloitte Romania and Reff & Associates | Deloitte Legal assisted Nokian Tyres, the Finnish developer and manufacturer of premium tires, in obtaining the EUR99.5 million (RON495.2 million) state aid in more

20 aug 2024

RetuRO, the administrator of the Deposit Return System (DRS) in Romania, the largest circular economy project in Romania, is opening its sixth center for DRS packaging collection, located in the more

20 aug 2024

The volume of construction works decreased, in unadjusted data, by 2.5% in January-June and by 2.2% when adjusted for the number of working days and seasonality, data from Romania’s statistics more

20 aug 2024

Romania's Competition Council approved the transaction through which Italy's Guala Closures S.p.A plans to take over Greece's Astir Vitagiannis Bros. S.A., including its subsidiary, Coleus Packiging more

16 aug 2024

The shares of Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) traded up 4.4% on August 16 at the Bucharest Stock Exchange, amid deals worth RON1.4 million, boosting more

16 aug 2024

Corrugated cardboard manufacturer Vrancart Adjud (stock symbol: VNC) reported loss of RON8.4 million for the first half of 2024, compared with net profit of RON8.5 million in the same interval of more

16 aug 2024

Electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) reported net loss of RON9 million for the January-June 2024 period, compared with net profit of RON8.4 million more

16 aug 2024

Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L., the subsidiaries of software company Globant, merged at the end of June 2024, as per shareholders' decision published in the Official Gazette. more

16 aug 2024

Romania’s two carmakers, Automobile Dacia and Ford Otosan, are set to produce together more than 600,000 vehicles in 2024, considering they are both unveiling new car models this year which sustain more

16 aug 2024

Precast concrete parts manufacturer Prefab Bucuresti (stock symbol: PREH), indirectly controlled by entrepreneur Petre Marian Milut, reported revenue of RON44.3 million for the first half of 2024, more

16 aug 2024

PartnerVet, a company seeking to develop through acquisitions a network of veterinary clinics and hospitals, has announced the acquisition of the Sky Vet clinic founded 14 years ago by doctor Catalin more

16 aug 2024

Romanian executive Cornel Cara­­mizaru was promoted to take over the operations of Fries­landCam­pina Group in four countries, namely, Spa­in, Portugal, Italy and France. more

16 aug 2024

The company SmartDreamers, which developed a recruitment marketing software solution, reported a turnover of RON12.7 million (EUR2.5 million) for 2023, up 5% from 2022, as per data on the finance more

14 aug 2024

Romania’s first regional investment fund for business acceleration, an initiative of the West Regional Development Agency, with a total budget of EUR14 million, has reached the stage of selecting more

14 aug 2024

ING Bank has decided on Wednesday (August 14) to revise its growth forecast for Romania's economy in 2024 to 2% from its previous estimate of 2.8%, a level that is still deemed optimistic. more

14 aug 2024

The shares of three companies listed on the Bucharest Stock Exchange, namely, Premier Energy, Electromagnetica and Iproeb Bistrita, will be included in the MSCI Frontier and MSCI Romania indices. more

14 aug 2024

Practic Bucuresti (stock symbol: PRBU), one of the largest owners of retail space in Bucharest, on August 2024 announced net profit of RON19 million for the first half of 2024, up 23.2% on the year, more

14 aug 2024

Plastic packaging producer Romcarbon (stock symbol: ROCE) switched to net loss of RON2.6 million, at the individual level, in the first half of 2024, compared with profit of RON5.2 million in the same more

14 aug 2024

Republic of Moldova’s largest lender, MOLDOVA-AGROINDBANK (Maib), ended the January-June 2024 period with net profit of MDL694.3 million (equivalent to EUR36.1 million), up 5.6% year-over-year. more

14 aug 2024

Alumil Rom Industry (stock symbol: ALU), a leader on the aluminum systems market, ended the first half of 2024 with net profit of RON3.3 million, almost unchanged from the result reported in the same more

14 aug 2024

Romania's national grid company Transelectrica (stock symbol: TEL) ended the first half of 2024 with net profit of RON264 million, up 63% or higher by RON100 million than in the year-earlier period, more

14 aug 2024

Romania's Aerostar Bacau (stock symbol: ARS), a company that repairs and retools military aircraft, has announced a turnover of RON292.8 million for the first six months of 2024, up 19% from RON245.4 more

14 aug 2024

Nuclearelectrica (stock symbol: SNN), the only nuclear power producer in Romania, ended the first half of 2024 with operating revenue of RON2.1 billion, down 44% on the year, and net profit of RON843 more

14 aug 2024

Natural gas producer and supplier Romgaz (stock symbol: SNG) has announced a “considerable advance in strengthening the security of Romania’s critical energy infrastructure” through the more