5 iul 2024

Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry data show. more

4 iul 2024

Aripi, BCR Pensii, BRD Pensii and Metropolitan Life Pensii Private are the Pillar II private pension funds that sold about 3.4 million Banca Transilvania (TLV.RO) shares in May, as their investment in more

4 iul 2024

Belgium’s Bekaert has signed an agreement to buy 100 GWh worth of wind power from Romania with electricity generation company Rezolv Energy, held by UK investment firm Actis. more

3 iul 2024

Video game development industry in Romania has been dominated by multinationals for many years, as the top actors are still Electronic Arts (US), Ubisoft (France) and Gameloft (France), but two more

3 iul 2024

Promateris (PPL.RO), a leading Romanian industrial group that manufacturers biodegradable and compostable packaging, has proven that accessing Norwegian funds can turn an innovative idea into a more

3 iul 2024

Rondocarton, part of Austria’s Rondo Ganahl group, one of the largest corrugated cardboard manufacturers, which operates three plants in Romania, ended last year with RON606 million revenue, more

2 iul 2024

Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an increase of more

1 iul 2024

Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last more

1 iul 2024

Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show. more

1 iul 2024

Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the more

1 iul 2024

The shareholders of natural gas producer and supplier Romgaz (SNG.RO) on Monday approved among other things a EUR1.5 billion note issuance program, of which EUR500 million an inaugural issue prepared more

28 iun 2024

Telecommunications operator Digi (DIGI.RO) on Friday evening notified the Bucharest Stock Exchange of having granted conditional stock options of 80,000 shares to CEO Serghei Bulgac and 60,000 to more

28 iun 2024

The shareholders of Hidroelectrica, the largest energy producer in Romania and the largest company listed on the Bucharest Stock Exchange approved the revised spending and revenue budget for 2024 in a more

28 iun 2024

Romanian group IT Genetics, a provider of equipment and software solutions for optimization and digitization of operational processes, with an international presence in Hungary, Bulgaria, Spain and more

28 iun 2024

IRCC, which banks use to set the interest rate for new loans taken since the spring of 2019, will stand at 5.86% a year in July-September 2024, calculated based on the interbank transactions in the more

27 iun 2024

Alka Trading, one of the biggest players in the sweet and salty snacks market in Romania, is betting on increasing its business and its exports this year. more

27 iun 2024

OMV Petrom (SNP.RO), the largest integrated power producer in SE Europe, has concluded a supply contract with Expur SA for the acquisition of fully refinable vegetable oil, the company said in a more

27 iun 2024

Romania's Finance Ministry raised RON3.03 billion from banks on Thursday (June 27), selling government paper in two auctions at annual average yields of 6.10% and 6.68%. more

27 iun 2024

Auchan Romania, one of the leading actors of the local grocery retail, is launching its own franchising program, providing Romanian entrepreneurs with the possibility to open a turnkey retail business more

27 iun 2024

ING Bank provided Digi Romania and Digi Communications, the parent company of the telecom operator, a EUR150 million funding for three years from the first use, which the group will put toward more

27 iun 2024

Modern industrial and logistics space in Romania reached 7.1 million square meters in 2023, making the country the third biggest I&L market of the 13 largest economies in Central and Eastern Europe more

26 iun 2024

The four-star International Hotel in Sinaia, one of the largest in the mountain resort, with a capacity of 180 rooms, ended last year with RON41.5 million revenue, up 10% on the previous year, Finance more

26 iun 2024

Staer International, the company that owns furniture stores under the Staer brand, ended 2023 with about RON80.6 million (EUR16.3 million) revenue, 4% lower than the previous year’s RON84 million more

26 iun 2024

The eight large energy companies included in the main index of the Bucharest Stock Exchange, BET, have a market capitalization of RON153 billion and about RON24 billion in cash and cash equivalents or more

26 iun 2024

The European Commission published the 2024 Convergence Report on Wednesday in which it provides its assessment of the progress non-euro area member states have made towards adopting the euro. more