11 oct 2024

Romania's annual inflation further declined in September 2024, reaching 4.6%, from 5.1% in August 2024 and 5.4% in July 2024, data from the country's statistics board INS showed on Friday (Oct 11). more

10 oct 2024

Construction company Viarom Construct, owned by Marius Daniel Badina, reported for 2023 a turnover of RON195.1 million (EUR39.4 million), down 7% from RON210 million (EUR42.6 million), in line with more

10 oct 2024

The shareholders of real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on October 10 that it approved several key resolutions during the General Meeting more

10 oct 2024

Interpork Plus, which sells meat and meat preparations and is part of the Carmistin group, owned by the Paraschiv family, ended 2023 with a turnover of RON571.7 million (EUR115.6 million), up 24.1% more

10 oct 2024

Romania's mergers and acquisitions (M&A) market rebounded in the third quarter of 2024 compared with the first half of the year, with 77 deals announced in the July-September period, compared with 53 more

10 oct 2024

Investment company Morphosis Capital has launched the second private equity fund, Morphosis Fund II, which aims to carry out 9-10 investments worth an average EUR10-15 million each, as per data more

10 oct 2024

The total value of investments forecasted by the 37 companies eligible for funding through the “InvestALIM” funding program amounts to over RON4 billion (overEUR 800 million), while the amount of more

10 oct 2024

The Competition Council is submitting for public consultation the commitments proposed by Delhaize "The Lion" Nederland B.V. (Mega Image) to address competition concerns identified in the market for more

10 oct 2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, announces an upward revision of its net profit for the first half of 2024, more

10 oct 2024

Romania’s statistics board INS upwardly revised the country’s economic growth for the second quarter of 2024 against the same quarter of 2023 and the first quarter of 2024. more

10 oct 2024

Romania's trade balance posted a deficit of EUR20.9 billion in January-August 2024, higher by 14.6% compared to the same period of 2023, data from the country's statistics board INS showed on Thursday more

9 oct 2024

Stonevault, a Baia Mare-based producer of sofa springs, reported a net profit of RON16.1 million (EUR3.2 million) for 2023, up 26.5% from a net gain of RON12.7 million (nearly EUR2.6 million) reported more

9 oct 2024

TeraPlast Group on October 9 announced the signing of a purchase agreement to acquire 70% of the share capital of Optiplast, the third largest flexible packaging manufacturer in Croatia. more

9 oct 2024

A transaction with 200,000 shares of the Bucharest Stock Exchange, representing 2.26% of the total shares of the local stock exchange, was registered in the stock market system on October 9, 2024, as more

9 oct 2024

SITA, the world's leading specialist in air transport communications and information technology, has announced the opening of a research and development (R&D) center in Cluj-Napoca, which is the first more

9 oct 2024

Control F5 Software, a developer of personalized software solutions, ended 2023 with a turnover of over RON3.9 million, up 41% on the year, as per data published on the finance ministry website. more

9 oct 2024

Intesa Sanpaolo Bank, the Romanian subsidiary of the Intesa Sanpaolo Group, Italy's largest banking group, has appointed Alessio Cioni as General Director and Chief Executive Officer. more

9 oct 2024

Insolvent online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), recorded a turnover of RON15.8 million for January-June 2024 period versus RON53 million in the more

8 oct 2024

Nuclear power producer Nuclearelectrica (stock symbol: SNN), the operator of the power plant in Cernavoda, announced in a stock market report on October 8 the appointment of Daniel Adam as Chief more

8 oct 2024

The management of Holde Agri Invest (stock symbol: HAI), one of the largest farmland operators in Romania, announced in a stock market report on October 8 about the change of Bogdan Serghiescu from more

8 oct 2024

Norofert, a producer of organic farm inputs and provider of biotechnology for agriculture in Romania, listed on the AeRO market of the Bucharest Stock Exchange, has announces the approval of its Board more

8 oct 2024

Romanian coffee shop chain 5 to go, launched on the local market less than a decade ago, has opened its first café in the Republic of Moldova, in the city of Chisinau. more

8 oct 2024

The number of impact companies in imminent insolvency increased by 18% in 2024, to 8,190, and the number of impact companies in difficulty reaches the highest level since 2013, as per an analysis by more

8 oct 2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, is opening its own technology hub - tbi tech, in Türkiye. more

8 oct 2024

Rompetrol Rafinare, a member company of the KMG International group, has announced in a press statement on Oct 8 that it continues to invest in equipment that supports the efficiency of the more