25 apr 2017

Romanian lender Raiffeisen Bank granted loans of more than EUR350 million to small and medium-sized enterprises (SMEs) via the Joint European Resources for Micro to Medium Enterprises (JEREMIE) more

25 apr 2017

Bog’Art company, controlled by businessman Raul Doicescu, reported a turnover of EUR120 million in 2016, versus EUR105 million in 2015, while the group’s turnover reached EUR160 million. more

25 apr 2017

Pep&Pepper brand, which owns four restaurants in Bucharest, plans to reach 30 units countrywide by the end of 2018 through direct investments and franchises, following investments from owners and a more

24 apr 2017

Austria's OMV, owner of OMV Petrom (SNP.RO), initiated arbitration proceedings against the Romanian state at International Court of Arbitration in Paris for recovering environmental costs worth EUR34 more

24 apr 2017

Sanador, one of the largest private healthcare providers in Romania, reported a 22% turnover growth in January-March and prepares investments in an oncologic center near its Bucharest-based hospital. more

24 apr 2017

Romania and Great Britain registered a deficit of 3% of GDP in 2016, according to preliminary data published Monday by EU’s statistics office Eurostat. more

24 apr 2017

Gothaer Asigurari Romania, the local division of German group Gothaer, granted underwritten gross premiums worth over RON97.8 million last year, up nearly 20% against 2015. more

24 apr 2017

Businessman Omer Susli, owner of do-it-yourself retailer Praktiker Romania, bought the stores it operated in Ploiesti and Constanta cities, through a loan from CEC bank. more

21 apr 2017

Over 30 representatives of global frontier and emerging markets funds attended the annual conference “Romania Investors Day”, organized by Bucharest Stock Exchange in New York, the institution more

21 apr 2017

Italian utility group Enel has entered the Romanian natural gas supply market for residential customers, who can opt for a single electricity and natural gas supplier, the company said in a statement more

20 apr 2017

The Romanian Energy Ministry and investment fund Fondul Proprietatea, shareholders of Romania’s state-owned hydropower producer Hidroelectrica, did not approve the company’s budget for 2017, the more

20 apr 2017

Dental clinic chain Dent Estet reported a turnover of EUR6.8 million in 2016, up 20% on the year, due to the increase of the number of patients and the requests for complex treatments, dental more

20 apr 2017

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19 apr 2017

Continental invested EUR12 million in the electronic components factory in Romania’s western city of Timisoara, increasing its production capacity by 30%, the company said in a statement Wednesday. more

19 apr 2017

Cris-Tim, one of the largest meat and milk processors in Romania, plans to invest maximum EUR5 million this year, after annual investments of EUR10 million in recent years. more

19 apr 2017

Romania posted the lowest annual inflation rate, of 0.4%, in the European Union in March 2017, while the EU's average rate stood at 1.6% from 2% in February, EU’s statistics office Eurostat said more

19 apr 2017

Do-it-yourself retailer Praktiker Romania reported 3% higher sales last year, while the company’s turnover stood at EUR137 million, similar with 2015. more

19 apr 2017

New registrations of Dacia cars in the European Union rose 9.9% to 111,126 units in January-March 2017, while Renault’s cars ranked third by the number of new registrations after VW and PSA groups. more

18 apr 2017

The International Monetary Fund (IMF) estimates Romania’s economy will increase by 4.2% in 2017 and by 3.4% in 2018, according to its latest report on the World Economic Outlook. more

18 apr 2017

Shareholders of Romanian plastic items maker Prodplast Bucuresti (PPL.RO), owned by the Pogonaru family, approved the sale of the 45.5% stake held in Romanian-Spanish joint venture Romtatay SA more

18 apr 2017

The Romanian leu strengthened versus the euro and the US dollar by midday Tuesday. more

18 apr 2017

Romania’s state-run lender EximBank granted financing worth EUR11 million to Electrogrup, one of the top players in the energy infrastructure, telecom and civil construction sector, mainly for more

18 apr 2017

German company B. Braun will invest EUR120 million in a perfusion solutions plant in Timis county, western Romania, that will create approximately 300 new jobs, according to Alexandru Petrescu, more

13 apr 2017

Delivery service firm Sameday Courier (SDAY.RO) reported a turnover of RON13.47 million in 2016 (EUR3 million), up 56% on the year, while its gross profit stood at RON700,000, the company said in a more

13 apr 2017

American pharmaceutical producer Pfizer plans to open a logistics services hub in Bucharest to ensure the interface with 16 pharmaceutical plants for European countries. more