12 aug 2024

Aluminum producer Alro Slatina (ALR.RO), posted consolidated revenue of RON1.7 billion in the first half of 2024, compared with RON1.56 billion in the year-ago period and switched to profit of RON8.4 more

12 aug 2024

The zizam.com platform developed by Romanian meat processor Carmolimp in Brasov will expand to Bucharest in the fall, both for business to business and to business to consumer segments, with its range more

12 aug 2024

Romanian-held communications group Digi (RCS&RDS, DIGI.RO), the leading actor on the fixed internet and cable TV market with a share of 70% of the number of subscribers has become majority shareholder more

30 iul 2024

Automotive component manufacturer Lear Corporation Romania, part of US’ Lear Corporation, posted RON1.642 billion (EUR332.1 million) revenue in 2023, an increase of 14% on the previous year’s more

30 iul 2024

Slovenian startup Leanpay, which has been present in Romania with its Buy Now Pay Later (BNPL) digital lending solution since 2023, has raised a new series B round of funding worth EUR10 million. more

30 iul 2024

Cafea Fortuna, the leading Romanian-held coffee producer, ended 2023 with RON255 million revenue, an increase of 15% year-on-year, Finance Ministry data show. more

30 iul 2024

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety more

30 iul 2024

Olint Com, based in Radauti, Suceava County, which operates in production, trade and distribution of building and interior design materials and is owned by entrepreneur Georgeta Cusiac, posted more

30 iul 2024

The management of real estate developer One Untied Properties (ONE.RO) on Monday notified the Bucharest Stock Exchange about the conclusion of an addendum for the increase of a credit facility more

30 iul 2024

Italy’s Manni Group, which owns insulating panel maker Isopan in Romania, has signed a joint venture agreement with Marcegaglia Steel for the insulating panel and sectional door panel making more

29 iul 2024

Romania's Finance Ministry raised RON713 million from banks on Monday (July 29), after reopening a discounted Treasury certificate issue due in June 2025, instead of the scheduled RON500 million, at more

29 iul 2024

Economic analysts expect the inflation rate to go down over the next 12 months to reach an average of 4.6% in June 2025 and see the leu depreciating against the euro to RON5.0722//EUR in mid next more

29 iul 2024

Brewers of Romania Association announces the appointment of Constantin Bratu as general manager of the organization as of August 1. He succeeds Julia Leferman, who held this position from 2017 and who more

29 iul 2024

AZT Viitorul Tau, the second largest Pillar II private pension fund in Romania after NN Pensii, has bought into Arobs Transilvania Software (AROBS.RO), Bucharest Stock Exchange data show. more

26 iul 2024

Belgian-held logistics space developer Warehouses De Pauw (WDP), also present in Romania, is taking a EUR250 million loan from the European Investment Bank (EIB) to install solar panels on roofs and more

26 iul 2024

Winemaker Cramele Recas intends to buy into Tenuta Odobesti, joining Italian businessman Mosconi Fabrizio, who had owned the entire company until now. more

26 iul 2024

Flag carrier Tarom set out to attain RON278 million profit in 2024 compared with a RON99 million loss in 2023, its spending and revenue budget published by the Finance Ministry shows. more

26 iul 2024

Delaco Distribution, held by France’s Savencia Fromage & Dairy, posted about RON594 million (EUR120 milion) revenue in 2023, an increase of 6.2% on 2022’s RON559.3 million (EUR113.4 million), more

25 iul 2024

Remedium Farm, a 32-pharmacy chain in Cluj County, held by pharmacist Viorica Garvea, has increased revenue by 17% to RON294 million in 2023, Finance Ministry data show. more

25 iul 2024

Metro has appointed Cristian Stoenica franchise director and member of the board of directors of Metro Convenience Romania, the operator of LaDoiPasi Extra brand, a franchise format for urban areas, more

25 iul 2024

Romania's Finance Ministry has raised RON1.87 billion from banks on Thursday (July 25), after reopening a bond issue due in January 2026, instead of the scheduled RON600 million, at an annual average more

25 iul 2024

OMV Petrom (SNP.RO) shareholders during a meeting on Thursday, July 25, approved the allocation of a special dividend – the third such dividend after those distributed in 2023 and 2022, in gross more

25 iul 2024

Retailer Carrefour is inaugurating a new rebranded and remodeled hypermarket of those it got from Cora, in the Supernova shopping center on Soseaua Alexandriei in Bucharest. more

25 iul 2024

French-held retailer Auchan is opening a new store under the ATAC Hiper Discount format in Galati on Thursday, after having opened other such stores in Brasov, Ploiesti, Timisoara and Targu Mures. more

25 iul 2024

Italian restaurant Sciccheria, coffee shop Steam, artisanal gelateria Velocita, and artisanal patisserie French Revolution, all of them local businesses, have leased a total of 375 square meters of more