27 nov 2024

The gross minimum wage guaranteed in payment will rise to RON4,050 from RON3,700 per month from January 1, 2025, Prime Minister Marcel Ciolacu announced at the beginning of the government meeting on more

26 nov 2024

Real estate developer Forty Management is launching a RON15 million private placement of secured corporate bonds, with the possibility of going up to RON25 million, with a maturity of four years and more

26 nov 2024

Agroserv Mariuta (MILK.RO), a Romanian agriculture company and owner of the Laptaria cu Caimac dairy brand, posted RON87 million revenue in the first nine months of 2024, 2% lower than in the same more

26 nov 2024

Adoption of 5G technology in Central and Eastern Europe, a region that includes Romania, is lagging behind developed regions, says the latest edition of Mobility Report, an annual report by Ericsson, more

26 nov 2024

The new Renewable EPC by Allview division of technology company Visual Fan (ALW.RO) has signed a contract with Tenersolar Park to develop a 45.15 MW photovoltaic park in Tandarei, Ialomita County. The more

25 nov 2024

Agrotex, a farm input supplier based in Carei, Satu Mare County, acquired by Swiss group Ameropa earlier this year, posted RON646.7 million (EUR130.7 million) revenue in 2023, down by about 15.3% more

25 nov 2024

Furniture manufacturer Ecolor, the local subsidiary of Sweden’s Gyllensvaans Möbler, posted RON460.6 million (EUR93.1 million) revenue in 2023, down about 19% from the previous year’s RON568.5 more

25 nov 2024

Feper (FEP.RO), a manufacturer of industrial equipment, which also has hotel operations, on Monday notified the Bucharest Stock Exchange of having sold Complexul Hotelier Orizont in Predeal at auction more

22 nov 2024

Simtel Team (SMTL.RO), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and national leader in the renewable energy industry, has called shareholders for more

22 nov 2024

UniCredit Bank announced successful completion of a new leu-denominated corporate (senior, unsecured ) bond issue due in five years, with a fixed coupon payable annually of 7.67%. more

21 nov 2024

Online retailer Evomag, one of the main players in the local IT&C market, recorded orders of EUR7 million during the Black Friday 2024 campaign, which ran from October 25 to November 11, an increase more

21 nov 2024

Damen Galati shipyard, controlled by The Netherland’s Damen, has signed a EUR25 million financing agreement with Exim Banca Romaneasca and plans to use the money for investments in expansion and in more

21 nov 2024

Entrepreneur and travel consultant Razvan Pascu has announced the sale of his stake in Dutch company Flight Claim for EUR1.3 million. more

21 nov 2024

Retailer dm drogerie markt Romania ended fiscal 2023-2024 on September 30 with RON1.77 billion revenue, an increase of 35.35% on the previous year. more

20 nov 2024

AETA Curtea de Arges (ELGS.RO), formerly Electroarges, ended the first nine months of 2024 with a loss of RON8.1 million, compared with a loss of RON8 million in the same period of 2023, while more

20 nov 2024

A RON750 million bond issue of UniCredit Bank, part of Italy’s UniCredit Group, was registered with the Bucharest Stock Exchange on Wednesday, November 20. The issue (UCB29) is due in 2029. more

20 nov 2024

TeraPlast (TRP.RO), the largest polymer processor in Southeast Europe, has notified shareholders and investors of having closed the acquisition of Optiplast d.o.o, following shareholder approval on more

20 nov 2024

Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to license the GridStar® Flow technology for the production more

20 nov 2024

Amazon is closing its Machine Learning department in Romania, a decision that will affect 400 employees, says marketing, management and business consultant Doru Supeala, citing an official statement more

19 nov 2024

Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023, down slightly from the previous year’s RON435.2 more

19 nov 2024

tbi bank, which operates on several markets including Romania, ended the first nine months of 2024 with EUR38 million net profit, 34% higher than in the year-ago period, and operating income of EUR186 more

18 nov 2024

Terveystalo Group, the largest private healthcare provider in Finland, is in talks to buy Regina Maria from buyout investor Mid Europa Partners, in a deal put at EUR1 billion to EUR1.2 billion, market more

18 nov 2024

The shareholders of real estate developer NUSCO at the beginning of this month approved the first project to raise funding via the capital market in Romania and the start of the relationship with the more

15 nov 2024

EnergoNuclear, a Nuclearelectrica fully owned subsidiary, and FCSA Joint Venture comprised of Fluor B.V., Fluor Energy Transition Inc. Wilmington Sucursala Bucuresti, Candu Energy Inc., (an more

15 nov 2024

Fondul Proprietatea (FP.RO) ended the first nine months of 2024 with RON209.6 million net profit, compared with a loss of RON968.9 million in the year-ago period. Gross dividend income stood at more