19 aug 2024

Romania's Finance Ministry raised RON682 million from banks on Monday (August 19), selling government paper at an annual average yield of 6.55%. more

19 aug 2024

Sipex Company (SPX.RO), a distributor of construction supplies, with 27 years in business, on Monday announced having ended the first half of 2024 with RON158 million revenue, an increase of about 9% more

14 aug 2024

The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania. more

14 aug 2024

The MirageMedSpa and MirageBeach Spa hotels in Eforie Nord, controlled by the Briza Marii Negre company, operated at 85% occupancy rate in July, which their officials estimate will reach 90% in more

14 aug 2024

Rompetrol Well Services S.A. (PTR.RO), one of the most important wellbore special services companies in Romania, announced it made RON4.13 million net profit in the first half of 2024, 36% lower than more

14 aug 2024

Alternative investment fund Evergent Investments (EVER.RO) recorded a net profit of RON250 million in the first half of 2024, 2.6 times higher than the budgeted level for the full year 2024. more

14 aug 2024

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia refinery, posted $2.1 billion revenue in the first half of 2024, down from the $2.7 billion in the year-ago period, while losses widened to more

14 aug 2024

Bucur Obor (BUCU.RO company, which manages the shopping center by the same name in Bucharest, made RON7.7 million net profit in the first half of 2024, an increase of 1.63% on the year-ago period, more

14 aug 2024

Infinity Capital Investments (INFINITY.RO), one of the five financial investment companies listed on the Bucharest Stock Exchange, posted RON104.7 million net profit in the first half of 2024 compared more

14 aug 2024

Romania’s Competition Council says there are a number of competition-related concerns about the deal whereby Delhaize “The Lion” Nederland B.V. (Mega Image) is buying Profi Rom Food SRL. more

13 aug 2024

Softlead, a marketplace-type platform that helps companies choose the right software solution, has signed a partnership with Network One Distribution (NOD), the largest actor on the local IT&C more

13 aug 2024

Real estate developer HILS Development held by Ionut Negoita saw a 28% growth in apartment sales in all its six completed or in development projects in the first half of 2024, the company said. more

13 aug 2024

Germany’s Infineon Technologies has pre-let a 20,000 square meter office building to be developed by One United Properties in the Pipera area in Bucharest, where it will open a research and more

13 aug 2024

Insurance broker Transilvania Broker de Asigurare (TBK.RO) posted RON2.3 million net profit in the first half of 2024, 58.3% lower than the RON5.5 million in the year-ago period. more

13 aug 2024

The Finance Ministry has published, in transparency, a bill regulating the possibility for the Romanian Government to diversify its public debt financing instruments to be able to access funds via the more

13 aug 2024

Uzina Constructoare de Masini Resita (UCM.RO), a company acquired by Hidroelectrica (H2O.RO) this year, stepped into the black in the first half of 2024 when it posted RON21.25 million net profit more

13 aug 2024

Aquila (AQ.RO), an entrepreneurial fast-moving consumer goods distribution and logistics company, ended the first half of 2024 with RON35 million net profit, 15% lower than in the year-ago period, as more

13 aug 2024

Printec Group Romania, one of the largest providers of payment solutions for the banking industry in Romania, posted RON105.6 million (EUR21.2 million) revenue in 2023, 4% lower than in 2022, Finance more

13 aug 2024

German-held discounter Penny, which has around 380 stores in Romania, is starting work on its fifth warehouse in the country, near Bucharest, this year. more

13 aug 2024

Danish-held mineral wool manufacturer Rockwool will begin construction of its second production facility in Romania this year, which will join its existing one in Aricestii Rahtivani, Prahova County. more

13 aug 2024

Dona pharmaceutical group, which includes drug retail and wholesale operations, is entering the veterinary product market by buying the wholesale unit of Iasi-based Vetro Solutions. more

13 aug 2024

Finland’s fast-food restaurant chain Hesburger continues its planned expansion in Romania and opens its second restaurant in the country, inside "Henri Coanda" International Airport in Otopeni. more

13 aug 2024

National oil transporter by rail Conpet Ploiesti (COTE.RO) posted RON267 million revenue in the first half of 2024, up from the RON241 million of the year-ago period, while the net profit shrank to more

12 aug 2024

Vegetable oil producer Argus Constanta (UARG.RO), 91.4% held by Infinity Capital, posted RON11.6 million loses in the first half of 2024, down from the RON22 million losses of the year-ago period. more

12 aug 2024

Financial investment company Transilvania Investments Alliance (TRANSI.RO) posted RON74 million net profit in the first half of 2024, 41% higher than in the year-ago period. Revenue stood at RON93 more