12 aug 2024

Hotel company Aro-Palace (stock symbol: ARO) reported net profit of RON1.06 million for January-June 2024, up 25% from the same period of 2023, as per its half-yearly financial report published at the more

12 aug 2024

Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, recorded loss of RON14.9 million in the first half of 2024, up nearly 119% from the level reported in the same period of more

12 aug 2024

Romanian state-run port operator Oil Terminal (OIL.RO) saw its net profit surging 43% in the first half of 2024 compared with the year-earlier period, to roughly RON36 million, and its turnover more

12 aug 2024

Sweden's Syntronic, a leading design house specializing in advanced product and systems development, production, and aftermarket services, has opened a site in Romania, in Timisoara, and the new more

12 aug 2024

The average net salary in Romania increased by 1.1% in nominal terms in June 2024 compared to May 2024, to 5,176 (EUR1,056), data from the country's statistics board INS showed on Monday (August 12, more

12 aug 2024

Romania's annual inflation resumed its upward trend, increasing to 5.4% in July 2024 compared to July 2023, after dropping to 4.9% in June 2024, data from the country's statistics board INS showed on more

9 aug 2024

Bucur SA Bucuresti (stock symbol: BUCV), a company engrossed in selling food products, spirits and coffee, and in property lease, has informed the stock market on August 9 about the signing of a sale more

9 aug 2024

Raiffeisen Bank Romania, the sixth largest bank in the local market by assets, has informed the capital market in a stock market report about the extension of Zdenek Romanek's mandate as President of more

9 aug 2024

Alternative investment fund Lion Capital (stock symbol: LION) acquired a package of 83.35 million shares in Grand Hotel Bucharest (RCHI) on July 31, representing 10% of the share capital of the more

9 aug 2024

Transilvania Investments Alliance (stock symbol: TRANSI), one of the five financial investment companies at the Bucharest Stock Exchange, with assets worth over RON2 billion, has announced in a stock more

9 aug 2024

Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand, in connection with a EUR20 more

9 aug 2024

Romania's central bank has revised downwards its inflation forecast to 4% for the end of 2024 from its previous projection of 4.9%, central bank governor Mugur Isarescu said on Friday (August 9) at more

9 aug 2024

Romania's national grid company Transelectrica (stock symbol: TEL) has developed together with Teletrans, the IT and telecommunications subsidiary, a pilot application used to forecast the electricity more

9 aug 2024

Romania's Competition Council has approved the transaction through which Romcim SA acquired the company Tehno World SRL. more

9 aug 2024

Romania's trade balance posted a deficit of EUR15 billion in January-June 2024, higher by 13.2% compared to the same period of 2023, data from the country's statistics board INS showed on Friday more

8 aug 2024

Banca Transilvania (stock symbol: TLV), the largest bank in Romania by assets, on Thursday informed the local capital market about the changes in the executive management structure of BT, namely the more

8 aug 2024

The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by RON1.7 billion in the first six months of 2023, compared to RON1.2 more

8 aug 2024

Entek Elektrik Üretimi A.Ş. (Entek), a company based in Türkiye and primarily engaged in the green energy sector, has acquired Romanian companies Eco Sun Niculesti S.R.L and Euromec-Ciocanari S.R.L more

8 aug 2024

Electricity and electrical equipment producer Electromagnetica (ELMA.RO) has announced in a stock market report on August 8 that, during an outcry auction held on August 7, it was awarded the asset more

8 aug 2024

Poultry Investment, the company that owns the Puiul de Craiesti (Craiesti Chicken) brand, is launching a new range of premium chicken products from animals raised without antibiotics. more

8 aug 2024

Romania's Finance Ministry has raised RON1.08 billion from banks on Thursday (August 8), selling benchmark bonds, which is double the planned amount of RON500 million, at an annual average yield of more

8 aug 2024

Bergenbier S.A., part of Molson Coors Beverage Company group, one of the leading brewers in Romania, ended 2023 with a turnover of RON907 million, up nearly 14% from 2022. more

8 aug 2024

The European Central Bank (ECB) and the National Bank of Romania (NBR) have agreed to renew a framework arrangement to provide euro liquidity to the latter via a repo line. more

8 aug 2024

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, decreased to 5.59% a year on Thursday more

7 aug 2024

Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated revenues of EUR41.3 million, nearly double compared to 2019 and 46% more