12 apr 2024

Romanian businessman Ferenc Korporany, best known for selling the Maravet business to an American giant, has bought Hungary's WAF Kft, a company operating in the animal products industry. more

12 apr 2024

A new issue of Tezaur Treasury bills will become available on Monday, April 15, Romania’s finance ministry announced on Friday. more

12 apr 2024

Romania's current account balance posted a deficit of EUR2.7 billion in January-February 2024, 25% higher than in the year-ago period, central bank data showed on Friday (April 12, 2024). more

11 apr 2024

Builder SSAB AG of Bacau, which built the Ikea store in Timisoara and several plants and warehouses, posted 51% growth in revenue to RON599.7 million in 2023, the latest data on the Finance Ministry more

11 apr 2024

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, held by Valer Blidar, ended last year with over RON600 million revenue, more than double the previous year. more

11 apr 2024

Centrom SRL and Cert Master Standard SRL, which own 5.8% in Meta Estate Trust (MET.RO) holding company operating in real estate sector, have requested an amendment to the agenda of the Extraordinary more

10 apr 2024

Airline HiSky will operate five flights per week on the Oradea-Bucharest route and back, and three flights per week on the Oradea-London route and back, Bihor County Council said in a press release. more

10 apr 2024

The four-star Cismigiu Hotel in Bucharest, one of landmark buildings of the city, held by Spain’s Hercesa, has budgeted for 3% higher revenue for 2024, up from EUR1.9 million in 2023, which was more

10 apr 2024

Floria.ro, one of the largest online flower stores in Romania, posted sales of more than EUR900,000 in the first quarter of this year, up 5% compared with the same period in 2023. more

10 apr 2024

More than half (54%) of the total area leased by the Cluj-based company Transilvania Constructii in the TRC Parks logistics projects it develops and manages is used for warehousing and distribution, more

9 apr 2024

Romanian-held footwear retailer Benvenuti expects business to stagnate or grow slightly in 2024 compared with last year, when the company posted sales of almost RON178.5 million (more than EUR36 more

9 apr 2024

New car registrations fell 26% to 9,156 units in March 2024 compared with March 2023, police data show and the decline also affected electrified cars. The latter saw a decline of 9% and their market more

9 apr 2024

Romanian coffee shop chain 5 to go, launched on the market less than a decade ago, recorded a 48% year-on-year increase in sales in the first three months of 2024 and overshot the 550-location mark in more

9 apr 2024

Arctic S.A., the largest home appliances manufacturer in Romania, which has two plants in Dambovita County, is changing its name to Beko Romania. more

8 apr 2024

TehnoWorld, a Suceava-based company that manufactures polyethylene pipes, increased its revenue by 5% to RON434.4 million in 2023 compared with the previous year, latest data available on the Finance more

8 apr 2024

The five-star, 270-room Sheraton Hotel in Bucharest expects revenue to increase 10% to 15% in 2024 compared with 2023, when the results were close to the 2019 level, a reference year in tourism. more

8 apr 2024

Ryanair, which operates from airports in Bucharest, Cluj and Iasi, expects a 15% increase in the number of passengers carried to and from Romanian airports this year. Last year, Ryanair carried 3.1 more

3 apr 2024

Cluj-Napoca based grain trader East Grain, held by Agrofert, the largest agribusiness and food industry group in the Czech Republic, has budgeted EUR3.9 million investments for 2024 to increase the more

3 apr 2024

The first quarter of 2024 ended with a more than 4% increase in old three-room apartment prices in Bucharest in March compared with the year-ago month, because of three areas with a double-digit rise more

3 apr 2024

Nuclearelectrica (SNN.RO). the only nuclear power producer in Romania, has amended the agenda of the Extraordinary General Meeting of Shareholders set for April 25-26 to add an item about an agreement more

2 apr 2024

Arctic, the largest home appliances manufacturer in Romania, which owns two plants in Dambovita County, is changing its shareholder, so it will be held by Beko Europe. more

2 apr 2024

Groupama remained the leader of the RON18.2 billion insurance market in Romania in 2023, following a 37% increase in gross written premiums to more than RON4 billion. more

2 apr 2024

Romania’s insurance market ended 2023 with gross written premiums of RON18.2 billion, an increase of 10% on 2022, of which general insurance premiums accounted for RON15.2 billion and life insurance more

1 apr 2024

MedLife (M.RO), the largest private medical operator in Romania, has outlined its main directions for 2024 and wants to achieve a consolidated revenue target of more than RON2.6 billion, up 18% on more

1 apr 2024

Approximately 65% of the furniture sold by Mobexpert, the main Romanian furniture manufacturer and retailer, is now produced in Romanian factories, compared with 50% before the pandemic, a time that more