5 aug 2024

New registrations of road vehicles for passenger transport increased by 17.3% in the second quarter of 2024 compared to the second quarter of 2023, data from the country’s statistics institute INS more

2 aug 2024

Alpha Bank Romania, ranked among Romania's top ten largest banks by assets, ended the first half of 2024 with net profit of EUR23 million, similar to the level reported in the same period of 2023, and more

2 aug 2024

Albota Law Firm has assisted Nor Real Estate, a real estate developer part of Atenor Group, with signing a loan contract worth EUR21 million and the related guarantee package with OTP Bank Romania, in more

2 aug 2024

Electricity supplier and distributor Electrica (EL.RO) announced in a stock market report on August 2 that its subsidiary Distributie Energie Electrica Romania (DEER) attracted an additional EUR200 more

2 aug 2024

Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC more

2 aug 2024

Fuel wholesaler JT Grup Oil, which owns the newest private oil product terminal in Constanta harbor, announced in a press statement on August 2 that it would be listing its shares on the Multilateral more

2 aug 2024

Distribution company Delgaz Grid, part of the E.ON group in Romania, signed four new financing contracts worth a total of RON932 million for projects aimed at modernizing and developing the more

2 aug 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) rose 1.1% in June 2024 compared to June 2023, data from Romania’s National Statistics Institute INS more

2 aug 2024

The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of the PPC Group in Romania) have signed three new non-reimbursable more

1 aug 2024

Benchmark Electronics Romania, specializing in the production of electronic equipment and subassemblies for electronic equipment, reported a turnover of RON687.6 million (EUR139 million) for 2023, more

1 aug 2024

Romania's SNTGN Transgaz SA, the technical operator of the National Gas Transmission System, signed a syndicated loan contract for a total amount of RON1.93 billion to ensure financing for several more

1 aug 2024

TotalSoft Group, one of the largest software developers in Romania, targets an annual 11% increase in its consolidated turnover in 2024, up to nearly EUR34.5 million at the end of the year, as per more

1 aug 2024

Banca Comerciala Romana (BCR) announces that, starting August 1, 2024, Ilinka Kajgana, Chief Risk Officer at BCR, will assume a new responsibility within Erste Group. more

1 aug 2024

Chemicals producer and supplier Chimcomplex Borzesti (stock symbol: CRC.RO) announced in a stock market report on August 1 the new structure of its Board of Directors, which was elected at the more

1 aug 2024

Flextronics Romania, the local subsidiary of the Singapore-based Flex Group (Flextronics), which manufactures components for communications, IT and medical equipment, ended 2023 with a turnover of more

1 aug 2024

Romania's Finance Ministry raised RON2.08 billion from banks on Thursday (August 1), selling government paper in two auctions, at annual average yields of 6.18% and 6.72%, respectively. more

1 aug 2024

The European Investment Bank (EIB) is lending Nokian Tyres a total of EUR150 million for the construction in Romania of the world’s first plant for producing passenger car tires without emitting more

1 aug 2024

Romania's foreign exchange reserves decreased by EUR813 million over the course of July 2024, down to EUR63.57 billion at the end of the month, compared with EUR64.39 billion at the end of June 2024, more

1 aug 2024

NNDKP has recently advised Globant, an IT and software development company present in 33 countries with more than 29,000 employees worldwide, throughout the entire process of merging two Romanian more

1 aug 2024

Romania's Competition Council is analyzing the transaction through which the Kinstellar Network, through Kinstellar SPARL, intends to acquire Noerr Romania which comprises SPRL Menzer & Bachmann – more

1 aug 2024

The Filip & Company team has provided legal assistance to Banca Transilvania on closing its acquisition of OTP Bank Romania and OTP Leasing Romania. more

1 aug 2024

Italy's Intesa Sanpaolo Group, which has recently finalized the acquisition of First Bank (Romania), ended the first half of 2024 with net profit of EUR4.8 billion, up 13% year-over-year. more

1 aug 2024

Romania’s unemployment rate stood at 5.5% in June 2024, higher by 0.1 percentage point compared to May 2024, data from the country’s statistics institute INS show on Thursday (August 1, 2024). more

31 iul 2024

The industry of local mutual funds has seen a significant increase in investor numbers over the last year, from 511,900 clients in June 2023 to 703,570 clients in June 2024, which translates into a more

31 iul 2024

NN Pensii, Romania's largest Pillar II private pension fund, has exited the shareholding structure of French company Eurofins, where it had a RON105 million investment, being the only foreign direct more