15 iul 2024

Romania's current account deficit stood at EUR9.17 billion in January-May 2024, higher by 34% than the EUR6.8 billion level recorded in the same period of 2023, central bank data showed on Monday more

15 iul 2024

The Competition Council approved the transaction through which Clayton, Dubilier & Rice, LLC intends to take over Presidio, Inc., through CD&R Fund XII. more

15 iul 2024

Stay Fit Gym, Romania’s second largest fitness center chain, plans to expand its network to 50 centers until the end of 2024 and to reach 50,000 subscribers. more

15 iul 2024

Real estate developer STC Partners is expanding its team, with the positions of Sales Manager and Technical Director being taken over by Elena Palade and Bogdan Bazarea, respectively. more

15 iul 2024

Austrian transport and logistics company Gebrüder Weiss has invested nearly EUR90 million in the last 30 years to expand its infrastructure in Romania, inflation adjusted value, reaching nine large more

11 iul 2024

Food supplements and tea producer Dacia Plant, ended 2023 with a turnover of almost RON83 million, up 10% on the year, but its profit shrank 15% on the year to RON17.1 million, as per public data from more

11 iul 2024

French-held retailer Carrefour is opening two hypermarkets in Constanta, following the integration and rebranding of several Cora stores. more

11 iul 2024

Vectr Holdings, through its subsidiary Vectr Realty, has acquired 100% shares of the company that owns The Landmark office building, and the move is part of Vectr Holdings’ growth plans in Romania. more

11 iul 2024

Romania's Finance Ministry raised RON1.92 billion from banks on Thursday (July 11), selling government paper in two auctions, at annual average yields of 6.31% and 6.83%, respectively. more

11 iul 2024

The first half of 2024 saw real estate transactions in Romania totaling EUR419 million, more than double the amount recorded in the same period of 2023, Colliers Romania experts said in their market more

11 iul 2024

iBanFirst, one of the leading global providers of foreign exchange and international payments for businesses, has intermediated EUR660 million in international payments for Romanian trading companies more

11 iul 2024

OVES Enterprise, a Romanian software development company and drone manufacturer, has announced the acquisition of a minority stake in MXT Creation, a provider of end-to-end solutions for embedded more

11 iul 2024

Computer and electronics retailer Altex, held by entrepreneur Dan Ostahie, and furniture retailer Mobexpert, held by Dan Sucu, will be jointly launching a new store concept, along with the more

11 iul 2024

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker Pint.ro, whereby customers can buy insurance, including auto liability insurance RCA, more

11 iul 2024

Romania's annual inflation decreased to 4.9% in June 2024, compared to 5.1% in May 2024 and 5.9% in April 2024, data from the country's statistics board INS showed on Thursday (July 11). more

9 iul 2024

Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, on July 9 signed the contract for the start of renovation works at more

9 iul 2024

Delgaz Grid, part of E.ON Romania group, has an investment budget of RON788 million for 2024, from own sources and EU funds, but, at the national level, the amounts reach billions of euros. more

9 iul 2024

OTP Bank Romania has concluded a EUR21 million financing agreement with Nor Real Estate, part of Atenor Group, for the development of Phase 1 of @Expo project, an office building located in more

9 iul 2024

Law firm bpv GRIGORESCU STEFANICA has advised private equity investment firm Omnia Capital on acquiring 44.67% of Cargo Buddy, a digital shipping house launched in 2021. more

9 iul 2024

UiPath, the most successful product in the Romanian IT industry and the first Romanian IT company listed on Wall Street, has reported at Romania's finance ministry a turnover of RON2.855 billion more

9 iul 2024

Real estate consulting company Colliers has appointed Alexandru Atanasiu to the position of Head of Construction Services and member of the Board of Directors. more

9 iul 2024

Tudor Mihailescu, Senior Vice President and Chief Operating Officer (COO) within the eMAG Group, in June 2024 also took over the position of general manager of Freshful by eMAG online hypermarket. more

8 iul 2024

Cluj-Napoca builder Wincon, held by entrepreneurs Bogdan Irsik (90%) and Werner Irsik (10%), for 2023 reported net profit of RON16.4 million (EUR3.3 million), up 72.6% from net gain of RON9.5 million more

8 iul 2024

Danish renewables developer European Energy has announced in a press statement that it is planning to develop 1.5 GW of renewable energy capacities in Romania. more

8 iul 2024

Interbrands Orbico, the largest player in the distri­bution and logistics market, recorded a turnover of over RON6 billion in 2023, up 17% on the year, in line with finance ministry data. more