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

8 nov 2024

Electricity supplier and distributor Electrica (stock symbol: EL) on Nov 8 received the approval of shareholders for several projects, including a bond issue and a syndicated loan, with the aim of more

8 nov 2024

Real estate developer Impact Developer & Contractor (stock symbol: IMP) has announced in a stock market report on Nov 8 that it started the last quarter of 2024 with record sales. more

8 nov 2024

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON233 million, the company informed its shareholders and investors more

8 nov 2024

Starting November 26, 2024, the shares of two new companies listed on the Bucharest Stock Exchange, namely Turbomecanica (stock symbol: TBM) and Prebet Aiud (stock symbol: PREB), will be included in more

8 nov 2024

Romania's central bank has decided at its Board meeting on Friday (Nov 8, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

7 nov 2024

Packaging maker Electric, based in the town of Focsani and owned by the Buzaianu family, ended 2023 with a turnover of RON63.4 million (EUR12.8 million), up 15.1% from RON55.1 million (EUR11.1 more

7 nov 2024

IT infrastructure and security integrator Arctic Stream (stock symbol: AST) reported net profit of RON7.96 million for the first nine months of 2024, which represents over 69% of the net profit more

7 nov 2024

Workshop Doors, a subsidiary of construction holding company ROCA Industry, has announced in a stock market report on Nov 7 that it signed three financing agreements with First Bank S.A. to obtain more

7 nov 2024

Romania's Finance Ministry raised RON1.09 billion from banks on Thursday (Nov 6), selling government paper in two auctions, at annual average yields of 5.94% and 6.79%, respectively. more

7 nov 2024

Romania's Competition Council has approved the transaction through which Axel Johnson Inc. intends to take over part of the capital of La Fantana SRL, a company which it will control together with more

7 nov 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.4% in unadjusted data and by 7.7% when adjusted for seasonality and number of working days, in more

7 nov 2024

Poland tops the ranking of the largest companies in Central and Eastern Europe (CEE) in 2023, being followed by the Czech Republic, Hungary and Romania, according to the annual study by Coface. more

6 nov 2024

Hidroelectrica (stock symbol: H2O), the largest electricity producer in Romania, has concluded a partnership with Politehnica University of Timisoara to support research, innovation and training of more

6 nov 2024

Romania's Competition Council is assessing the transaction through which Volta Grup S.R.L. plans to acquire Electrotehno S.R.L. more