23 mai 2024

May 28 is the first trading session on the Bucharest Stock Exchange of Premier Energy (PE.RO), following the initial public offering the natural gas supplier conducted between May 8 and 15, the stock more

23 mai 2024

Geological surveying company Prospectiuni Bucuresti (PRSN.RO) ended the first quarter of 2024 with RON3.5 million net profit, an increase of 177% on the year-ago period, while revenue was 15% lower, more

23 mai 2024

Italian group Artsana, which manufactures children's textiles in Botosani under brands such as Chicco and Prenatal, is planning to close its factory in Romania, market sources told ZF. more

22 mai 2024

Join Up travel agency, part of the similarly named Ukrainian group, started operating in on the Romanian market last year and aims to sell over 140,000 vacations to Romanian tourists this year. The more

22 mai 2024

Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, which they use for investments on the Bucharest Stock Exchange, among others, posted RON2.3 billion net profit in 2023, more

22 mai 2024

National power grid company Transelectrica (TEL.RO) on Wednesday informed shareholders and investors about the appointment of its directorate members and the directorate chairman on May 22, 2024, as more

22 mai 2024

BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, on Wednesday announced the signing of an additional act to extend the facility agreement with CEC Bank for more

22 mai 2024

Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022. more

21 mai 2024

The Romanian M&A market is among the top four M&A markets in the region in terms of deal volume and is increasingly gaining visibility with international investors and developing a strong local more

21 mai 2024

Affidea, the largest player in the medical imaging services market in Romania, has completed the acquisition of MedEuropa radiotherapy centers, a deal announced in March 2024. The first step for the more

21 mai 2024

The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will generate new development opportunities in the south of more

21 mai 2024

Some of the suppliers of footwear retailer Benvenuti closed the factories they had in Romania and moved them to countries where wages are lower, says Adrian Cazu, Benvenuti’s development & retail more

21 mai 2024

Local IT&C company certSIGN, which provides cybersecurity and electronic signature services among others, posted RON102.3 million revenue in 2023, up 33% from the previous year, Finance Ministry data more

21 mai 2024

BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the process of more

20 mai 2024

Porsche Inter Auto has started work on the project of a new center for the Porsche brand in Cluj, which will be located near the airport. It will have both a showroom and a service center and is more

20 mai 2024

Paralela 45, one of the largest tour operators in Romania, ended 2023 with a sales volume of RON300 million, according to data provided by company representatives. more

20 mai 2024

Consumer goods giant Unilever has invested EUR12 million in its ice cream factory in Suceava over the last four years and plans to invest another EUR4 million in 2024 and 2025. more

20 mai 2024

Romania’s insurance market has grown a lot and more than doubled in the past decade, while its main segments have either performed the same or tripled or grown ten-fold, like the life insurance more

20 mai 2024

The operating leasing market in Romania grew by 12% to 89,500 units under management in 2023, of which more than 90% are full service, according to the estimates of the Association of Operating more

17 mai 2024

Telecommunications operator Digi (DIGI.RO) has opened its central office in Belgium, in Brussels, and is thus preparing the enter the Belgian market this summer, it said in a press release. more

17 mai 2024

The most expensive houses for sale in the outskirts of the major cities in Romania are located on the outskirts of Bucharest and Cluj-Napoca; the only places in the country where the square meter more

17 mai 2024

Quick service restaurant chain Hesburger is opening its first restaurant in Romania in Ramnicu Valcea and plans to open ten in all in its first year in business on this market, having allocated more more

17 mai 2024

Sole Mizo Romania, part of Hungary’s Bonafarm group, posted RON167 million revenue in 2023, down 5% from the previous year, Finance Ministry data show. more

16 mai 2024

Dr. Leahu Dental Clinics, founded by dentist Ionut Leahu 14 years ago, became Regina Maria Dental Clinics after the Regina Maria healthcare network acquired the majority stake a year ago in the more

16 mai 2024

The Finance Ministry has prepared a government decision draft to increase the value of the „Medium Term Notes” program by EUR7 billion from EUR68 billion at the moment to EUR75 billion. more