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

12 nov 2024

The average net salary in Romania increased by 1.4% in nominal terms in September 2024 compared to August 2024, to 5,228 (EUR1,051), data from the country's statistics board INS showed on Tuesday (Nov more

12 nov 2024

Romania's annual inflation edged higher in October 2024, to 4.7%, compared with 4.6% in September 2024, after being on a downward trend since July 2024, data from the country's statistics board INS more

11 nov 2024

Vegetable oil producer Argus Constanta (UARG.RO) reported operating revenue of RON155.7 million for the first nine months of 2024, up 15.6% year-over-year, and operating expenses of RON170.2 million, more

11 nov 2024

Romania's Finance Ministry raised RON600 million from banks on Monday (Nov 11), selling government paper at an annual average yield of 6.95%. more

11 nov 2024

OmniaGusti, one of Romania's largest suppliers on the confectionery raw materials market, is entering the HoReCa (Hotel, Restaurant, and Catering) segment and expects an increase of over 40% in its more

11 nov 2024

Greece's AKTOR Group of Companies sees Romania as a key market in the coming years and plans to boost its portfolio in the local market by participating in new infrastructure projects within its more

11 nov 2024

GARBE Industrial Real Estate GmbH, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, has established a new company in Romania. more

11 nov 2024

Consumers’ continued passion for seasonal sales is being fueled by the global cost of living crisis, driving shoppers to seek out more bargains as they try to make their disposable income stretch more

11 nov 2024

Electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) recorded a turnover of RON152.8 million in the January-September 2024 period, down 50.5% compared with the same more

11 nov 2024

Romania's trade balance posted a deficit of EUR23.5 billion in January-September 2024, higher by 15% compared to the same period of 2023, data from the country's statistics board INS showed on Monday more

8 nov 2024

TeraPlast Group has inaugurated this week its new Opal stretch film factory located in the Saratel Industrial Park following a total investment of EUR18.5 million, of which EUR5.3 million represents more