4 nov 2024

eMAG Group, one of the largest retailers in the region, is starting the 2024 Black Friday sales campaign on November 8 and expects to exceed RON800 million in sales, eMAG representatives told a press more

4 nov 2024

Masterbuild General Contractor & Developer has completed the works on Pitesti Shopping Park, developed by Square 7 Properties in partnership with Belgian investment fund Mitiska REIM. more

4 nov 2024

Romania's Hidroelectrica and Norway's SINTEF will access EUR214,459 financing through a mechanism of grants provided by Iceland, Liechtenstein and Norway with a view to carrying out a project aimed at more

4 nov 2024

Signal Iduna Asigurare Reasigu­rare, the leader of the local health insurance market, announces the signing of an agreement for the acquisition of a majority stake in the company Garanta Asigurari more

4 nov 2024

Garanti BBVA and the European Investment Fund (EIF) have signed an agreement to provide guarantees of minimum EUR30 million to enhance competitiveness and sustainability of Romanian companies. more

4 nov 2024

PwC Romania has announced Ruxandra Tarlescu took over the leadership of PwC Romania’s Tax and Legal Department from Daniel Anghel, starting November 1, 2024. more

24 oct 2024

Alternative investment fund Infinity Capital Investments (stock symbol: INFINITY) has announced in a stock market report on Oct 24, 2024 that it has increased its ownership stake in PAID (the Pool of more

24 oct 2024

Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has announced in a stock marker report on Oct 24 that it has extended the more

24 oct 2024

The Board of Directors of natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report on Oct 24 that it has called the ordinary general meeting of shareholders more

24 oct 2024

ALRO, one of the largest vertically integrated aluminium producers in Europe, has announced in a stock market report that on Oct 24 the company's Board of Directors called the extraordinary general more

24 oct 2024

Romania's Finance Ministry raised RON346 million from banks on Thursday (Oct 24), selling discount treasury bills (T-bills) due in 2025, at an annual average yield of 5.89%. more

24 oct 2024

The European Commission has approved a EUR400 million Romanian state aid scheme to compensate farmers affected by severe drought, the Commission has announced in a press statement on Oct 24, 2024. more

24 oct 2024

Romania's Competition Council has announced on October 24 that it authorized the transaction by which the Kinstellar network of law firms, through Kinstellar SPARL, intends to take over Noerr more

24 oct 2024

Grain producer Prodcereal in Calarasi County, majority owned by Vasile Stoica (73%) and Lucia Stoica (27%), ended 2023 with a turnover of RON54.9 million (EUR11.1 million), down 41.2% from RON93.4 more

24 oct 2024

More than two thirds of companies worldwide (70%) expect an increase in public reporting on tax, as a result of the numerous regulations adopted in recent years, making data transparency and more

24 oct 2024

Oyl Company Holding, a company operating in the field of road construction and held by entrepreneur Corneliu Dragomir, ended 2023 with a turnover of RON305.2 million (EUR61.7 million), up 33.2% from more

24 oct 2024

Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from more

24 oct 2024

Comcris Energy, the Romanian subsidiary of Vienna-based renewable energy generation company Energy, has finalized an investment of RON216.2 million (EUR52.4 million), of which RON68.1 million (EUR13.6 more

24 oct 2024

Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi (with an ownership stake of 92.3%) and Resita mayor, Ioan Popa (7.5%), saw its profit doubling to RON1.7 million more

23 oct 2024

Longshield Investment Group (stock symbol: LONG), a company listed at the Bucharest Stock Exchange for 25 years, has been trading its shares under the new stock symbol LONG since Oct 21, 2024, more

23 oct 2024

TOKEN Payment Services (TOKEN), the fintech company that was recently authorized by Romania's national bank to accept online payment operations and transactions at physical POS (point of sale) more

23 oct 2024

Romania's Ministry of Finance has announced that Finland's Nokian Tyres Group is going to receive state aid in the amount of RON495.2 million (EUR100 million). more

23 oct 2024

Craiova-based agricultural equipment manufacturer RURIS, led by entrepreneur Catalin Stroe, announces the start of an investment worth over EUR10 million in a new factory of tractors and agricultural more

23 oct 2024

Downward revisions of economic growth clearly indicate that some sectors, such as agriculture and construction, are facing difficulties and we are starting to see budget reductions in the services more

23 oct 2024

Companies in the European Union weathered relatively well the health, price and trade shocks of the last four years and have increased their ambitions for green and digital transformation, according more