5 dec 2024

ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, announces the appointment of Dennis Rijksen as the more

5 dec 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8% when adjusted for seasonality and number of working days, in more

4 dec 2024

Bihor-based builder Drum Asfalt, owned by Floare Petroi, ended 2023 with a turnover of RON404.5 million (EUR81.8 million), up 119% from the RON184.8 million (EUR37.4 million) level reported in 2022, more

4 dec 2024

New Kopel Car Import, part of Sixt Group Romania, has signed a contract of RON80.9 million (EUR16.2 million), VAT not included, with Oradea City Hall (northwest Romania), for the delivery of 30 BYD more

4 dec 2024

Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market on Dec 4, 2024 that the Iernut power plant in Mures County, a project worth EUR269 million for a more

4 dec 2024

Thinslices, a tech company established in Iasi, with operations in Berlin, Lisbon and London, has relocated its headquarters to the United Business Center 2 (UBC 2) office building within the Palas more

4 dec 2024

Romania's Competition Council has announced on Dec 4 that it authorized, with conditions, the transaction through which Delhaize “The Lion” Nederland B.V. (Mega Image) is taking over Profi Rom more

4 dec 2024

tbi bank, one of the leading challenger banks in Southeast Europe, has announced the appointment of Costin Mincovici, the bank’s Chief Credit Risk Officer, to the bank's Management Board. more

4 dec 2024

Romania's hourly labor costs adjusted to the number of working days climbed 3.18% in the third quarter of 2024 compared to the second quarter of 2024, data from the country's statistics board INS more

4 dec 2024

Seven out of ten companies in Romania (67%) expect an increase in impact of circular economy regulations from moderate over the last 12 months to high and very high in the next five years, as shown by more

3 dec 2024

Local construction company Concelex, held by Daniel Piturlea, expects to end 2024 with RON1.4 billion turnover and has budgeted an increase of at least 20% for 2025 against the backdrop of contracts more

3 dec 2024

Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, is finalizing an investment of approximately EUR3 million in 2024, which was financed with a bank loan and with the company's own more

3 dec 2024

Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has announced in a stock market report on Dec 3 the signing of a contract of RON250 million with Romanian natural gas producer and supplier more

3 dec 2024

The assets of the open-end investment funds managed by asset management companies in Romania touched a record high of RON26.4 billion at the end of October 2024, higher by RON7.2 billion or by 38% more

3 dec 2024

KoçZer, Türkiye’s leading procurement and sourcing management company, has officially announced in a press statement its entry into the European market with the establishment of its first more

3 dec 2024

Romania's Competition Council has approved the transaction through which Mini-Farm is acquiring 10 Tinos Farm pharmacies, located in Bucharest and Ilfov County, from entrepreneur Alex Ursulea­nu, the more

3 dec 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.3% in October 2024 compared to October 2023, mainly due to a drop in prices in the energy more

3 dec 2024

Hidroelectrica (stock symbol: H2O), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, has announced that it recommissioned hydro-aggregate no.5 at more

2 dec 2024

Chiajna-based Omnia Plast, controlled by Italy’s Sunino Spa, which produces winter sports equipment, toys and other plastic items in three local plants, ended 2023 with a turnover of RON266.8 more

2 dec 2024

Banca Transilvania Group announces the first merger among subsidiaries acquired in 2024 from OTP Group, namely, between BT Leasing and OTP Leasing. more

2 dec 2024

Global Vision, a leading real estate and energy company in Central and Eastern Europe, has announced in a press statement on Dec 2 the company's appointment of Daniela Lazea as General Legal Counsel. more

2 dec 2024

Romania's foreign exchange reserves shrank by EUR1.6 billion to EUR61.17 billion in November 2024, compared with EUR62.84 billion on October 31, 2024, Romania’s central bank announced on Friday more

2 dec 2024

Romania's Finance Ministry raised RON710 million from banks on Monday (Dec 2, 2024) selling benchmark bonds, at an annual average yield of 7.18%. more

2 dec 2024

New car registrations grew by 2.6% in January-November 2024 compared with the same period of 2023, data from the Automotive Manufacturers and Importers Association (APIA) show on Dec 2. more

2 dec 2024

Global law firm Dentons has announced in a press statement on Dec 2 that it has advised CEC Bank on the update of its existing Medium-Term Note (MTN) Program followed by the raising of EUR300 million more