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

2 oct 2024

Alexandrion Group, the largest producer and distributor of spirits in Romania, part of the Nawaf Salameh Family Office, celebrated the 18th anniversary of the Brancoveanu Vinars brand, one of the more

2 oct 2024

Leroy Merlin, the second largest do-it-yourself (DIY) retailer locally by turnover, has opened its first store in the town of Pitesti, following an investment of over EUR2 million. more

2 oct 2024

Eucom, the leading provider of foreign language courses for the corporate sector in Romania, expects a turnover of EUR1.8 million in 2024, up 20% compared with EUR1.5 million recorded in 2023. more

2 oct 2024

PepsiCo, one of the leaders in the food and beverage industry, has announced the promotion of two Romanians in its management team for the Eastern Europe region. more

2 oct 2024

EVO Properties announces the first project on the Bucharest real estate market, which aims to turn the London and Oslo office buildings within the Sema Parc project into a multifunctional hub, more

2 oct 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.7% in August 2024 compared to August 2023, data from Romania’s National Statistics Institute INS more

2 oct 2024

Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has informed the capital market on Oct 2 about the approval of funding for two projects through the Agency for more

2 oct 2024

Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024). more

2 oct 2024

Frédéric Lamy, the French executive who had run the Leroy Merlin business in Romania for nine years, until June 2023, was appointed country director for Romania within furniture and home decor more