14 mai 2024

German-held discount retailer Lidl, the leader of the Romanian food retail sector by turnover, was the sixth largest importer on the local market in 2023, with direct imports worth EUR1.5-2 billion, more

13 mai 2024

Romania's Competition Council has approved the transaction whereby Aquila Part Prod Com, an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, intends more

13 mai 2024

Jidvei, one of the largest players in the Romanian wine production and sale, ended 2023 with a turnover of almost RON215 million, up 15% on the year, and is hoping to maintain the same advance in more

13 mai 2024

Real estate developer Impact Developer & Contractor (IMP.RO) , held by businessman Gheorghe Iaciu, announced in a stock market report on May 13 that it appointed Campeanu Richard Dan-Sebastian as more

13 mai 2024

Romania's central bank has decided at its Board meeting on Monday (May 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's fourth consecutive rate freeze in 2024 and the more

13 mai 2024

Electricity and electrical equipment producer Electromagnetica (ELMA.RO) ended the first quarter of 2024 with net loss of RON3.1 million, compared to net profit of RON3.9 million in the same period of more

13 mai 2024

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the more

13 mai 2024

The European Bank for Reconstruction and Development (EBRD) and APS, a leading non-performing loan (NPL) management firm in Europe, are jointly investing in a funded participation concerning a more

10 mai 2024

Vegetable oil producer Argus Constanta (UARG.RO) announced in a stock market report on May 10 that it ended the first quarter of 2024 with a net loss of RON3.57 million, from profit of RON682,930 in more

10 mai 2024

Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, ended the first quarter of 2024 with net loss of RON9.7 million, on a consolidated level, compared to a negative result more

10 mai 2024

Dan Niculaie Faranga has taken over in May 2024 the position of Chief Executive Officer of Tiriac Holdings, one of the largest Romanian entrepreneurial businesses. more

10 mai 2024

Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has completed a project aimed at investing in innovative technology for environmentally friendly polyol production, after the inauguration more

10 mai 2024

Romania's trade balance posted a deficit of EUR6.69 billion in January-March 2024, lower by 1.5% (or lower by EUR103.3 million), compared to the same period of 2023, data from the country's statistics more

10 mai 2024

Romanian state-run lender CEC Bank has financed more than 3,000 investment projects from European funds, in the last 17 years, according to Ramona Ivan, Director of Relations with National and more

10 mai 2024

Regia Autonoma Rasirom, an integrator of cyber and physical security solutions under the coordination of the Romanian Intelligence Service (SRI), ended 2023 with net profit of RON17.4 million, up 73% more

9 mai 2024

Bucharest-based Donna Medical Center, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specializing in breast imaging, is looking into the possibility of expanding outside of more

9 mai 2024

Groupama Asigurari, the leader of the entire insurance market and the largest on the third-party liability insurance RCA market, ended 2023 with gross underwritten premiums of over RON4 billion, up more

9 mai 2024

The Medimfarm retail pharmacy chain in Prahova, one of the largest regional networks in the local pharmaceutical retail, reached a turnover of RON163 million in 2023, up 10% on the year, in line with more

9 mai 2024

Norofert, leader in regenerative agriculture research and one of the largest input producers in Romania, listed on the Bucharest Stock Exchange, has announced in a stock market report on May 9 the more

9 mai 2024

Diana Mihai will take over the role of Head of Marketing, Communication and Brand Experience of ING Bank Romania, starting June 17, 2024, in line with data from the bank's representatives. more

9 mai 2024

Holde Agri Invest (HAI.RO), one of the largest players in the Romanian agribusiness sector, has announced in a stock market report on May 9 the signing of several sale-purchase contracts worth a total more

9 mai 2024

Romania's Prime Minister Marcel Ciolacu has announced on May 9 that the government approved a financing scheme of nearly EUR100 million, using funds from the National Recovery and Resilience Plan more

9 mai 2024

Romania's Finance Ministry raised RON800 million from banks on Thursday (May 9), selling government paper in two auctions, at annual average yields of 6.35% and 6.70%, respectively. more

9 mai 2024

The Bucharest Stock Exchange (BVB) and European Bank for Reconstruction and Development (EBRD) and the will work together to review the Romanian market’s corporate governance code, aligning it with more

9 mai 2024

The Board of Directors of the European Investment Bank (EIB) on May 9 endorsed a revised definition for dual-use goods and infrastructure eligible for EIB Group funding. more