8 oct 2024

Romania's Competition Council has authorized the transaction through which OMV Petrom S.A. intends to outsource certain services to the partnership formed by Eugen Trans S.R.L. and Rohrer Oil & Gas more

7 oct 2024

Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County) and held by entrepreneurs Vilmos Barta, Zsombor Somai and Marta Voloncs, ended the first half of 2024 with a more

7 oct 2024

Purcari Wineries Public Company Limited (stock symbol: WINE), the leading wine producer in Central and Eastern Europe, unveiled today its new mid-term strategy aimed at establishing itself as an more

7 oct 2024

Kontron Services Romania, the local subsidiary of Austria's Kontron Group, with a major foothold on the market of integrated IT&C solutions supply for the public sector, recorded net loss of RON62 more

7 oct 2024

EVOLOR, one of the largest players in the Romanian varnish and paint production industry, is inaugurating a new high-performance factory on the Oltchim Ramnicu Valcea industrial platform. more

7 oct 2024

Shareholders of Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, approved the distribution of a gross dividend of RON1.05 per more

7 oct 2024

Romania's Finance Ministry raised RON500 million from banks on Monday (Oct 7, 2024) selling benchmark bonds, in line with the planned amount, at an annual average yield of 6.35%. more

7 oct 2024

Selion Global, a global leadership consulting firm specializing in executive search, Board services, leadership advisory and consulting, is entering the Romanian market in partnership with two of the more

7 oct 2024

Romania's Competition Council has approved the transaction through which Sarmis Holding 4 SarL and Lightspan Management LTD intend to acquire MG TEC Industry SRL. more

7 oct 2024

The total monthly average income in Romania stood at RON8,210 per household, in nominal terms, in Q2/2024, representing RON3,274 per person, 2% more than in Q1/2024 and 18.8% higher than in Q2/2023, more

7 oct 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.1% in unadjusted data and by 7.3% when adjusted for seasonality and number of working days, in more

4 oct 2024

Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), ended the first half of 2024 with net profit of RON5.3 million, slightly more

4 oct 2024

Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, October 7, the ministry announced on Friday (Oct 4). more

4 oct 2024

Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

4 oct 2024

Encorsa, the Romanian digital transformation services integrator, has concluded a partnership with certSIGN, a provider of eIDAS-compliant trusted services and legally valid electronic archiving more

4 oct 2024

Romania's Competition Council approved the transaction whereby Baxi S.p.A intends to acquire G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. Industrial Asia more

3 oct 2024

National grid operator Transelectrica (stock symbol: TEL) has announced in a stock market report on Thursday (Oct 3) that the company's Directorate members accepted the mandates valid for the period more

3 oct 2024

Metropolitan Life, the second largest life insurance company in Romania (as per data from Ziarul Financiar daily), announces a 21% annual increase in gross written premiums in the first six months of more

3 oct 2024

Mediaposte Hit Mail, the main integrator of direct marketing services in Romania, controlled by a branch of the French Postal Operator, invested EUR1.5 million in a new warehouse for e-commerce more

3 oct 2024

The Board of Directors of Romania's central bank authorized on October 1, 2024 the operation in Romania of Polish instant payment system BLIK. more

3 oct 2024

Romania's Finance Ministry raised RON1.42 billion from banks on Thursday (Oct 3), selling government paper in two auctions, at annual average yields of 6.02% and 6.63%, respectively. more

3 oct 2024

Indoor advertising in shopping malls remains one of the most effective methods for brand marketing, as per a survey conducted in the first half of 2024 by Brand Management, the leading indoor more

3 oct 2024

ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is proud to announce the opening of its new cutting-edge aluminum processing facility, more

3 oct 2024

Polenergia, the largest privately-held energy group in Poland, held by two investment funds, has taken over the remaining 40% ownership stake in project company Naxxar Wind Farm Four SRL (NX4), which more

3 oct 2024

A multijurisdictional team of lawyers coordinated by Madalina Rachieru-Postolache, Partner Clifford Chance Badea, advised NEPI Rockcastle in connection with its latest green bonds issue, worth EUR 500 more