16 sep 2024

Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, ended 2023 with a turnover of RON28 million (EUR5.6 million), up 3.2% from a RON27.1 million more

16 sep 2024

Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, has announced on Monday (Sept 16) that it concluded a significant contract worth RON22.9 million for the expansion and more

16 sep 2024

Romania's Finance Ministry raised RON500 million from banks on Monday (Sept 16), selling government paper at an annual average yield of 6.48%. more

16 sep 2024

Romania's IT industry, which has seen significant growth until recent years, is now feeling the effects of the global economic crisis; compared to two years ago, the budgets allocated for IT services more

16 sep 2024

Romanian ed-tech start-up Youni, which developed the younichoice.com platform that helps students find the right university abroad, has attracted a new financing round of EUR1 million from Czech fund more

16 sep 2024

ALD Automotive I LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common identity. more

16 sep 2024

More than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer, but Romanian clients are less loyal to their bank compared to more

13 sep 2024

In the second quarter of 2024, the employment rate for the working age population (15-64 years) was 64.4%, increasing by 0.2 percentage points compared with the level recorded in the first quarter of more

13 sep 2024

Romania’s industrial production inched up 0.2% in unadjusted data in July 2024 versus July 2023 but fell 3.9% when adjusted for seasonality and the number of working days, data from the country’s more

13 sep 2024

Romania's Competition Council has approved the transaction by which Vetimex Capital SRL and D Craig Holding SA intend to take over Vet HoldCo SRL, Vet ManCo SRL, Vet MidCo SRL, Vet OpCo SRL and more

13 sep 2024

Connections Consult (stock symbol: CC), a group of companies specialized in providing software solutions and IT services, reported record net profit, of RON4.67 million, for January-June 2024, 200% more

13 sep 2024

Romania's current account deficit stood at EUR15 billion in January-July 2024, compared with EUR11.3 billion reported in the same period of 2023, central bank data showed on Friday (Sept 13, 2024). more

12 sep 2024

Romanian-held grain trader Cerealcom Dolj ended 2023 with a turnover of RON607 million, compared with over RON1.1 billion reported in 2022, as per the latest finance ministry data. more

12 sep 2024

Port operator Comvex Constanta (stock symbol: CMVX) reported a turnover of RON152 million for the first half of 2024, lower than RON216 million in the year-earlier period, and a net profit of RON44 more

12 sep 2024

Romania's Finance Ministry raised RON500 million from banks on Thursday (Sept 12), selling government paper at an annual average yield of 6.78%. more

12 sep 2024

Hungary's MOL Group has invested RON300 million over the last three years to develop Romania's infrastructure. more

12 sep 2024

Dulcinella, originating in the Republic of Moldova and present in Romania with 17 pastry shops, has invested EUR100,000 in opening a new unit in capital city Bucharest, on Nicolae Balcescu Boulevard. more

12 sep 2024

Romania's Competition Council is assessing the transaction through which the European Bank for Reconstruction and Development (EBRD) intends to enter the shareholding of Eldrive Holding Gmbh, together more

12 sep 2024

Reţele Electrice Muntenia, part of PPC Group in Romania, is organizing, via the SEAP public platform, a tender worth RON160 million for the design and execution of maintenance and modernization works more

12 sep 2024

The average net salary in Romania increased by 1.3% in nominal terms in July 2024 compared to June 2024, to 5,242 (EUR1,054), data from the country's statistics board INS showed on Thursday (Sept 12, more

11 sep 2024

Building materials producer TeraPlast Bistrita (stock symbol: TRP) has announced in a stock market report on Wednesday (Sept 11) the decision of the Board of Directors to increase the company's share more

11 sep 2024

Beraria H, the company operating the largest beer hall in Southeast Europe, which is located in Bucharest's Herastrau Park, has announced that it won a tender for a plot of land of ​​over 30,000 more

11 sep 2024

The Foreign Investors Council (FIC) criticizes the quick adoption of an emergency ordinance on tax amnesty by the Government, arguing that although tax amnesty may have certain short-term benefits in more

11 sep 2024

METRO Romania, the largest wholesaler in the local market, is speeding up investments in the proximity retail segment, by proposing a new store concept - LaDoiPasi Extra, which targets urban and more

11 sep 2024

Private healthcare services provider Gral Medical, one of the largest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, has invested EUR7 million in OncoFort Ploiesti, the more