25 iun 2024

National grid company Transelectrica (TEL.RO) has secured EUR64 million non-repayable funding from the Modernization Fund, the company announced in a report to the Bucharest Stock Exchange on Tuesday. more

25 iun 2024

Princeton Investments SRL, equally held by Vasile Adrian Viman (former Kaufland Romania CEO) and Claudiu Viman, according to termene.ro, reported overshooting the 5% stake mark in BRK Financial Group more

25 iun 2024

International law firm CMS has advised Alcedo SRL (Alcedo), a subsidiary of the Japanese conglomerate Sumitomo Group, on the acquisition of Naturevo, a Romanian distributor of agricultural materials. more

25 iun 2024

Romania’s Grigore T. Popa University of Medicine and Pharmacy of Iasi (UMF Iasi) is borrowing EUR35.4 milion from the European Investment Bank (EIB) to refurbish and upgrade campus buildings. more

25 iun 2024

Rompetrol Rafinare (RRC.RO), a member of the KMG International Group (Rompetrol), has retooled the hydrogen power plant (HPP) in the Petromidia refinery, following an about $10 million investment, the more

25 iun 2024

German-held discount retailer Lidl, the leader of the modern retail in Romania by sales, almost RON22 billion in 2023, will have a new chief executive officer as of September, José Alberto Chueca more

25 iun 2024

International fashion retailer Primark will open a store in Iulius Town, the mixed-use complex developed by Iulius in Timisoara, on August 7. more

21 iun 2024

Restart Energy One, one of the main independent suppliers of electricity and renewable power for household and small business customers in Romania, has announced it raised EUR3.35 million from its more

21 iun 2024

The Government has approved the law on setting the EU adequate minimum wage. The bill will go to Romania’s Parliament next for expedited adoption, the Labor Ministry said. more

21 iun 2024

Wizz Air will relocate the flights from Bucharest to Seville, Madrid and Malaga temporarily from the Otopeni Airport to the Aurel Vlaicu (Baneasa) International Airport between July 9 and September more

21 iun 2024

State-run Conpet Ploiesti (COTE.RO), a provider of specialized oil transportation services via pipelines and rail tank cars, which supplies refineries with oil and related products, has signed a more

20 iun 2024

Intrakat, the Greek group that bought builder Aktor, has energy projects, as well, in its investment plan for the Romanian market. The entry of the PPC Group in Romania, following takeover of Enel’s more

20 iun 2024

Romanian executive Lucian Dorobantu has been appointed chief executive officer of fashion brand Pull & Bear, one of the eight brands of Spain’s Inditex Group, Spanish media reports. more

20 iun 2024

Agroland Business System (AG.RO), a Romanian retail, agriculture and food group, which owns the largest farming supplies retail chain in the country, is considering a RON10 million (EUR2 million) bond more

20 iun 2024

Digi Romania (RCS&RDS) Group plans to buy the prepaid user base from Telekom Romania, along with the „radio spectrum (the licenses bought from communications market regulator ANCOM to use the radio more

19 iun 2024

eMAG, one of the largest online retailers in the region is nearing one million customers for its Genius service launched four years ago, which provides subscribers access to free delivery if certain more

19 iun 2024

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, is advising Greek-based Motor Oil Renewable Energy Single Member S.A. (MORE), leader in the Eastern Mediterranean energy more

18 iun 2024

State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, is getting ready to amend its 2024 budget to reflect a 2% decline in revenue a 5% decline in profit estimates more

18 iun 2024

The Gral Medical Group, created by the Serban family, will expand with four new centers in 2024 to add to the network of medical laboratories, medical clinics, collection centers and hospitals that more

18 iun 2024

OMV Petrom (SNP.RO) is calling shareholders for July 25 to approve, among others, the distribution of a RON0.03 gross special dividend per share or about RON1.9 billion in all, it said in a report to more

18 iun 2024

Purcari (WINE.RO), one of the leading wine producers in Central and Eastern Europe, on Tuesday announced the appointment of Anatol Belibov as the new chief financial officer, effective July 1, 2024. more

17 iun 2024

Deloitte Tehnologie SRL, the IT services center the consulting and auditing company opened in Bucharest in 2016, saw its revenue growth pace abruptly slow down in 2023, following six double-digit more

17 iun 2024

IBB Holding Group (IBB Holding), a group of 12 companies operating in the construction industry, mainly infrastructure construction, plans to raise EUR10 million through a bond issue on the Bucharest more

17 iun 2024

Entrepreneurial group Agroland Business System (AG.RO), which owns the largest farming supplies store chain in Romania, on Monday added more items to the agenda of the Extraordinary General Meeting of more

14 iun 2024

Premier Energy Group, through Alive Renewable Holding Limited and together with Motor Oil Renewable Energy Single Member S.A. (MORE), has acquired two new photovoltaic projects for renewable more