17 iun 2024

Romania's Finance Ministry has raised RON500 million from banks on Monday (June 17), selling benchmark bonds at an annual average yield of 6.43%. more

17 iun 2024

Romania’s industrial sales (on the domestic and external markets) inched down 0.3% in nominal terms in April 2024 compared to March 2024, but increased 18.8% versus April 2023, data from the more

17 iun 2024

Romania's Competition Council has launched an investigation into possible manipulations of public tenders organized by certain contracting authorities/entities for the awarding of electricity meter more

17 iun 2024

Romania's Competition Council is assessing a transaction through which Guala Closures S.p.A., Italy, plans to take over Astir Vitagiannis Bros. S.A., Greece, including its subsidiary, Coleus Packaging more

17 iun 2024

OMV Petrom (BSE:SNP), the largest integrated energy producer in Southeast Europe, will be investing nearly EUR750 million in the Petrobrazi refinery to transform it into the first major producer of more

17 iun 2024

Raiffeisen Bank Romania is launching MoonShotX, a project aimed at supporting companies with a turnover between EUR5 million and EUR50 million (Mid-Corporate) to scale up their businesses regionally. more

14 iun 2024

Mobility network Autonom Services, founded by brothers Marius and Dan Stefan, has signed a contract with BRD – Groupe Société Générale S.A. (BRD) to act as an intermediary, in connection with more

14 iun 2024

Grup Serban Holding (stock symbol: GSH), a Romanian entrepreneurial company operating in the agribusiness sector, ended the first quarter of 2024 with net profit of RON4.5 million, down 15% on the more

14 iun 2024

UniCredit Bank has completed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to EUR291 million for First Look Solutions SRL, a more

14 iun 2024

The employment rate for the working age population (15-64 years) was 64.2% in the first quarter of 2024, higher by 1.2 percentage points compared to the level recorded in the fourth quarter of 2023, more

14 iun 2024

The average net salary in Romania edged up 0.6% in nominal terms in April 2024 compared to March 2024, to 5,217 (EUR1,049), data from the country's statistics board INS showed on Friday (June 14, more

13 iun 2024

Romania’s industrial production increased by 12.1% in unadjusted data in April 2024 versus April 2023 and by 3.6% when adjusted for seasonality and the number of working days, data from the more

13 iun 2024

Vertiv Romania, a provider of critical digital infrastructure solutions and IT support services, ended 2023 with a turnover of over RON91 million (EUR18.3 million), up 11% on the year, as per data more

13 iun 2024

Celestica Romania, the local subsidiary of Canadian group Celestica, ended 2023 with a turnover of RON1.967 billion (EUR397.8 million), up 19.1% from nearly RON1.591 billion (EUR322.7 million) in more

13 iun 2024

Real estate developer Mitiska REIM has obtained a loan of EUR19 million from Erste Group Bank AG to finance its newest retail park in Pitesti, with BCR acting as security agent. more

13 iun 2024

Romania's Competition Council has conducted unannounced inspections at the premises of 14 companies active on the Romanian information and communication technology (IT&C) equipment market. more

13 iun 2024

Nearly 41% of HR specialists in Romania support the use of Artificial Intelligence (AI) tools to make employees’ work easier and save time, compared to 35% of HR specialists in Greece, approximately more

13 iun 2024

KPMG Legal- Toncescu si Asociaţii has announced in a press statement on June 13 that Vasile Tiple has joined the firm in a collaboration designed to help local and CEE clients to understand more

13 iun 2024

Romania's Finance Ministry raised RON3.33 billion from banks on Thursday (June 13), selling government paper in two auctions, at annual average yields of 6.02% and 6.86%, respectively. more

13 iun 2024

Real estate consulting company Cushman & Wakefield Echinox has appointed Cristina Lupascu, a specialist with more than 20 years of experience in media and real estate, to the position of Head of more

13 iun 2024

Romania's current account deficit stood at EUR6.5 billion in January-March 2024, higher by nearly EUR1.5 billion (+26%) compared to the level reported in the same period of 2023, central bank data more

12 iun 2024

Sighetu Marmatiei-based company Plimob ended 2023 with a turnover of RON203.9 million (EUR41.2 million), down 8.2% from RON222.2 million (EUR45 million) reported in 2022, in line with calculations by more

12 iun 2024

The 56,000 sellers that sell on the eMAG regional Marketplace in Romania, Bulgaria and Hungary registered 23% more orders in 2023 compared to 2022. more

12 iun 2024

Stockbroker TradeVille, active mostly on the retail investor segment, reported 120% higher net profit for 2023 versus 2022, while revenue grew by 36% amid enhanced trading activity at the Bucharest more

12 iun 2024

The Competition Council is assessing the transaction through which Messer SE&Co intends to take over Resity Technologies D.O.O., together with Delta Holding D.O.O.. more