16 ian 2024

The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central and more

16 ian 2024

Road freight carrier Criboser, based in Oradea, brings about 80 to 100 trucks with food, flowers and medicines in Romania every week, while sending 20 trucks abroad from Romania and the rest from more

16 ian 2024

Farmacia Tei pharmacy chain will add new stores in Brasov, Craiova, Bucharest’s Sector 4 and Focsani along with Bebe Tei, its officials say. more

15 ian 2024

Entrepreneur Mihai Simiuc buys back health food brands Frufru and Urban Monkey from Unilever, five years after selling them to the group. more

15 ian 2024

Alpha Bank completed the transfer of the operations of Orange Money Romania on January 12, that is the customer portfolio, the digital assets (mobile application), the credit card portfolio and the more

12 ian 2024

A team of transaction specialists of PwC Poland and PwC Romania assisted the Zabka Group, one of the largest grocery retailers in Poland in its acquisition of the majority stake of Romanian fast more

11 ian 2024

Pastry shop chain LUCA is expanding with a new location right in the center of Bucharest, on the ground floor of the Unirea Shopping Center in Piata Unirii. The new shop will open by the end of more

11 ian 2024

Lithuania’s Spark, a car-sharing service that allows people to rent electric cars via a mobile application, has informed its users in Romania via an in-app notification about plans to shut down the more

11 ian 2024

KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global more

10 ian 2024

This year's ski season, which started earlier than last year, when it snowed as late as February, could bring growth for the hotel business in Poiana Brasov. more

10 ian 2024

Knauf Insulation, a company that is conducting a EUR130 million investment in construction material production in Romania, expects to open its new plant in Tarnaveni, Mures County, set to employ more more

9 ian 2024

Banca Comerciala Romana, Swiss Capital and BT Capital Partners, the three most active stockbrokers on the Bucharest Stock Exchange last year, brokered RON33.9 billion transactions and accounted for more

9 ian 2024

Romania will assemble three electric and two full-hybrid cars as of this year, for the first time ever, considering rising demand for such vehicles. more

8 ian 2024

Law firm Tuca Zbarcea & Asociatii assisted OMV Petrom (SNP.RO) in the two of the most important “green” deals ever conducted in Romania, the acquisition of 50% in the largest wind farm project more

8 ian 2024

Egger Romania, part of the Austrian supplier of wood-based materials for furniture and interior design, construction and flooring Egger, has budgeted EUR25 million investments for this year to upgrade more

29 dec 2023

Mobile telephony operator Orange Romania on Friday evening announced the merger with the former fixed telephony monopoly Romtelecom. more

29 dec 2023

The exchange rate posted by Romania’s central bank ends 2023 at RON4.974/EUR, a level almost similar to that at the end of last year, RON4.947/EUR. more

29 dec 2023

Bogdan Popescu, a manager with 25 years of experience at Metro, Shell and Microsoft, has resigned as CEO of flag carrier TAROM, a position he was appointed to at the end of October. more

29 dec 2023

Romanian state-run port operator Oil Terminal (OIL.RO) announced on the Bucharest Stock Exchange the signing of three service and forwarding contracts, for a period of one year from January 1, 2024, more

29 dec 2023

Real estate developer Imotrust Arad announced on Friday that it had taken out two loans from Banca Transilvania, one worth EUR8.47 million and the other RON4 million. more

27 dec 2023

Fondul Proprietatea intends to buy back 1 billion shares in 2024, as part of its strategy to remunerate shareholders, at a price that may not be lower than RON0.2 and higher than RON1 per share and more

27 dec 2023

Natural gas producer and supplier Romgaz (SNG.RO) announced on the Bucharest Stock Exchange on Wednesday that it would complete the Iernut power plant in Mures County by December 31, 2024. more

27 dec 2023

Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec 27). more

27 dec 2023

Danube freight carrier Transport Trade Services (TTS.RO) has informed the capital market about the conclusion by the Board of Directors of two contracts for the provision of integrated logistics more

27 dec 2023

Evergent Investments (EVER.RO), an alternative investment fund with a capitalization of RON1.2 billion, will conduct a share buyback program of 10 million shares at a price of RON1.45/each or a total more