luni, 15:44

Wallberg Properties, the real estate developer controlled by entrepreneur Valentin Morar, has obtained EUR5.9 million financing from lender Banca Transilvania for the construction of the fourth more

luni, 14:04

71% of managers in Romania are moderately or highly concerned about Romania's economy in the coming period, as per the latest CONFIDEX study about the confidence of the business environment in the more

14 nov 2024

Automotive component maker Altur Slatina (stock symbol: ALT) reported net profit of RON1.33 million for the first nine months of 2024, down 80.5% from a net gain of RON6.8 million recorded in the same more

14 nov 2024

Turbomecanica (stock symbol: TBM), a local manufacturer of gas turbine engines and mechanical assemblies for aircrafts, ended the first nine months of 2024 with revenue of RON105 million, from RON80.4 more

14 nov 2024

Pharmaceutical producer Biofarm Bucuresti (stock symbol: BIO) ended the first nine months of 2024 with net profit of RON73.25 million, at an individual level, up 4.7% from the same period of 2023, as more

14 nov 2024

National oil transporter by rail Conpet Ploiesti (stock symbol: COTE) reported a turnover of RON401.8 million for January-September 2024 period, up 10% from the level reported in the same period of more

14 nov 2024

Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) ended the first nine months of 2024 with a net profit of RON144.2 million, at a consolidated level, 273% higher than more

14 nov 2024

Romania's Finance Ministry raised RON500 million from banks on Thursday (Nov 14, 2024) selling benchmark bonds, at an annual average yield of 6.88%. more

14 nov 2024

Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) will be listing at the Bucharest Stock Exchange, on Nov 19, the company's first bond issue ever, in the amount of EUR500 million. more

14 nov 2024

Erste Group, the owner of Banca Comerciala Romana (BCR), said in a report released on Thursday (Nov 14) that it had lowered its full-year economic growth forecast for Romania to 0.8%, down from its more

14 nov 2024

Mihai Ionescu, former CEO of Deutche Bank Romania, was recruited by KingsRock Advisors, a global independent financial advisory firm headquartered in New York, to coordinate the company's Eastern more

14 nov 2024

The demand for logistics and industrial spaces reached 575,000 square meters in the first nine months of 2024, which is lower by 20% compared with the same period of 2023, according to real estate more

14 nov 2024

Low-cost carrier Wizz Air has announced on Nov 14 the expansion of its Bucharest base with the addition of an Airbus A321neo aircraft in the summer of 2025, bringing the total to 19 aircrafts. more

14 nov 2024

Romania's economy increased by 1.1%, in unadjusted data, in the third quarter of 2024 compared to the same period of 2023, but remained unchanged in real terms versus the second quarter of 2024, flash more

14 nov 2024

IMMO GURU, a company that operates in the field of renting own real estate as short-term and long-term accommodation, has made its entry to the AeRO market of the Bucharest Stock Exchange today, the more

13 nov 2024

ALRO, one of the largest vertically integrated aluminium producers in Europe, recorded a net profit of RON126.8 million in January-September 2024, compared to loss of RON394 million in the same period more

13 nov 2024

Romania's current account deficit stood at EUR19.7 billion in January-September 2024, compared with EUR16 billion reported in the same period of 2023, central bank data showed on Wednesday (Nov 13, more

13 nov 2024

Romania's industrial production increased by 14% in September 2024, in unadjusted data, compared to August 2024, but was down 0.1% . when adjusted for the number of working days and seasonality, data more

12 nov 2024

The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated operations worth RON1.68 billion in October 2024, accounting more

12 nov 2024

The Board of Directors of electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) has called its shareholders for a meeting on December 19 to vote on approving a program more

12 nov 2024

Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers in Romania, recorded a net profit of RON2.2 million for the first nine months of 2024, down 65% compared to more

12 nov 2024

Nuclear power producer Nuclearelectrica (stock symbol: SNN) and Framatome have announced the signing of a Collaboration Agreement for the production of the medical isotope Lutetium-177 (Lu-177) at the more

12 nov 2024

The Bucharest Stock Exchange has announced on Nov 12 the official opening of the trading session for the listing of the shares of IMMO GURU, a company that operates in the field of renting own real more

12 nov 2024

Meat processor Angst Ro SRL, which went insolvent in March 2024, will put up for sale five retail spaces from Bucharest and Ilfov, worth a total EUR3.6 million, according to Infinexa Restructuring, a more

12 nov 2024

Romania continues to be an attractive destination for Global Business Services (GBS) centers due to factors such as competitive labor costs, access to a large pool of specialists in key areas like IT, more