24 oct 2024

More than two thirds of companies worldwide (70%) expect an increase in public reporting on tax, as a result of the numerous regulations adopted in recent years, making data transparency and more

24 oct 2024

Oyl Company Holding, a company operating in the field of road construction and held by entrepreneur Corneliu Dragomir, ended 2023 with a turnover of RON305.2 million (EUR61.7 million), up 33.2% from more

24 oct 2024

Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from more

24 oct 2024

Comcris Energy, the Romanian subsidiary of Vienna-based renewable energy generation company Energy, has finalized an investment of RON216.2 million (EUR52.4 million), of which RON68.1 million (EUR13.6 more

24 oct 2024

Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi (with an ownership stake of 92.3%) and Resita mayor, Ioan Popa (7.5%), saw its profit doubling to RON1.7 million more

23 oct 2024

Longshield Investment Group (stock symbol: LONG), a company listed at the Bucharest Stock Exchange for 25 years, has been trading its shares under the new stock symbol LONG since Oct 21, 2024, more

23 oct 2024

TOKEN Payment Services (TOKEN), the fintech company that was recently authorized by Romania's national bank to accept online payment operations and transactions at physical POS (point of sale) more

23 oct 2024

Romania's Ministry of Finance has announced that Finland's Nokian Tyres Group is going to receive state aid in the amount of RON495.2 million (EUR100 million). more

23 oct 2024

Craiova-based agricultural equipment manufacturer RURIS, led by entrepreneur Catalin Stroe, announces the start of an investment worth over EUR10 million in a new factory of tractors and agricultural more

23 oct 2024

Downward revisions of economic growth clearly indicate that some sectors, such as agriculture and construction, are facing difficulties and we are starting to see budget reductions in the services more

23 oct 2024

Companies in the European Union weathered relatively well the health, price and trade shocks of the last four years and have increased their ambitions for green and digital transformation, according more

23 oct 2024

Ebury, a global fintech that empowers businesses to trade and grow internationally, has appointed Mihai Lazar to the position of Country Manager for Romania. more

23 oct 2024

The three Retele Electrice companies, part of the PPC Group in Romania, have initiated a public tender on the SEAP platform, with a maximum combined value of nearly RON55 million (excluding VAT), for more

23 oct 2024

Ioana Moldovan, former Corporate Sales Manager at Medlife Romania, took over as General Manager of SanoPass, a digital platform that unifies and facilitates access to health, fitness and nutrition, more

23 oct 2024

The ranking of the 20 commercial brands, which were declared eligible for the Superbrand status in the 2024 edition of the Superbrands Romania Program conducted by BDR Associates agency, confirms the more

23 oct 2024

Romania’s construction sector reached record highs in 2023 and 2024, backed by strong private demand for certain property segments and a significant increase in public investments, but 2025 is more

22 oct 2024

Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Oct 22 that it is calling shareholders for a meeting on December 2, 2024 to vote among others on delisting the global more

22 oct 2024

Chemical producer and supplier Chimcomplex Borzesti (stock symbol: CRC), with two industrial platforms in Onesti and Ramnicu Valcea, has signed a memorandum of understanding (MoU) with Econic more

22 oct 2024

Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 22 the decision of the company's Board of Directors to approve the investment plan worth more

22 oct 2024

Maria Zoicas is joining ING Bank Romania as Head of the Human Resources Department, effective November 2024. more

22 oct 2024

Romania had the third largest government deficit (- 6.5%) in the European Union (EU) in 2024, behind only Italy (-7.2%) and Hungary (-6.7%), according to data published by EU's Statistical Office more

22 oct 2024

Romania's Competition Council is submitting for public debate the second set of commitments proposed by Delhaize “The Lion” Nederland B.V. (Mega Image) to address competition concerns identified more

22 oct 2024

Chemical fertilizer companies Donau Chem located in Turnu Magurele and Ga Pro Co located in Neamt County will be put up for sale again, through direct negotiation with investors, according to judicial more

22 oct 2024

FintechOS, an end-to-end financial product management platform, has announced the appointment of Lidia Cîrstei as Chief of Staff & Business Transformation, effective October 1, 2024. more

21 oct 2024

Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a meeting on December 11 to vote on approving the more