5 sep 2024

Catalyst Romania Fund I, an early-stage venture capital fund in Romania, has announced another successful exit from its portfolio with the acquisition of Romanian firm 123FormBuilder by American more

5 sep 2024

Romania's Finance Ministry raised RON1.03 billion from banks on Thursday (Sept 5), selling government paper in two auctions, at annual average yields of 5.77% and 6.72%, respectively. more

5 sep 2024

OMV Petrom (stock symbol: SNP.RO), Romania’s largest oil and gas producer, intends to outsource to Bonatti S.p.A. Parma, Bucharest branch, some tubular material reconditioning and transport more

5 sep 2024

Nawaf Salameh Family Office, which owns, among others, spirits producer Alexandrion Group, has acquired the Octogon Gas & Logistics Terminal in the Port of Constanta, as per an announcement made by more

5 sep 2024

Local real estate developer and investor River Development, controlled by entrepreneur Ion Radulea, has appointed Ana-Maria Pascu to the position of Leasing Manager, starting September 2024. more

5 sep 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.1% in unadjusted data and by 7% when adjusted for seasonality and number of working days, in more

4 sep 2024

Fondul Proprietatea (stock symbol: FP.RO) has announced in a stock market report on Sept 4 that Fondul de Pensii Facultative NN Activ, Fondul de Pensii Facultative NN Optim and Fondul de Pensii more

4 sep 2024

Romania's national grid company Transelectrica (stock symbol: TEL), Georgian State Electroysstems, AzerEnerji and MVM Electrical Works have signed the shareholders’ agreement of the project company more

4 sep 2024

Romania's Competition Council fined FCC Environment Romania SRL a total RON2.045 million (EUR410.000) for abusing its dominant position on the market for the storage service of non-hazardous more

4 sep 2024

Construction company Hidroconstructia, which went insolvent in early 2022, will be putting up for sale a portfolio of assets worth over EUR65 million, according to Infinexa Restructuring SPRL. more

3 sep 2024

Green Leaves Technical SRL, the sole licensed distributor of Chinese smart devices brand OnePlus/Oppo in Romania, ended 2023 with a turnover of RON230.9 million, down 8% year-over-year, and net profit more

3 sep 2024

Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, ended the first half of 2024 with a turnover of RON275 million (EUR55.2 million), up 15.5% year-over-year, due mostly to an more

3 sep 2024

New car registrations decreased by 22.64% to 9,972 units in Romania in August 2024 compared with the same month of 2023, in line with data provided by Romanian carmakers’ association ACAROM. more

3 sep 2024

Florin Petolea, Chief Technology & Information Officer (CTIO) with Telekom Romania Mobile Communications since January 2023, has left the mobile telecom operator after a mandate of less than two more

3 sep 2024

HILS Development, an entrepreneurial company dedicated to responsible real estate development, announces the pre-certification of Green Homes for the HILS Sunrise project, marking a first for the more

3 sep 2024

Biotech startup The Cat Health Company (TCHC), which aims to develop novel drugs against age-related diseases in felines, has raised a total EUR500,000 in a first pre-seed funding round. more

3 sep 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.6% in July 2024 compared to July 2023, data from Romania’s National Statistics Institute INS more

3 sep 2024

Romania's hourly labor costs adjusted to the number of working days climbed 6.79% in the second quarter of 2024 compared to the first quarter of 2024, data from the country's statistics board INS more

2 sep 2024

The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, shows that the activity in Romania’s manufacturing more

2 sep 2024

Hidroelectrica (H2O.RO), the largest electricity producer in Romania, has signed contracts with the consortium formed by Hidroserv and UCMH for the modernization of the Vaduri, Remeţi and Arceşti more

2 sep 2024

Romania's Finance Ministry raised RON945.2 million from banks on Monday (Sept 2), selling government paper in two auctions, at annual average yields of 6.23% and 6.65%, respectively. more

2 sep 2024

Fitch Ratings has reaffirmed Romania's outlook at 'stable' and the local currency issuer default ratings (IDR) at 'BBB-'. more

2 sep 2024

Romania's Competition Council is analyzing the transaction through which Baxi S.p.A intends to take over G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. more

2 sep 2024

Romania's Competition Council is assessing the transaction through which OMV Petrom S.A. intends to take over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA. more

2 sep 2024

A total of 72% of investors consider the availability of non-repayable grants to be a decisive factor in choosing a country to invest in, according to the EY Attractiveness Survey Romania 2024. more