4 nov 2024

Focsani-based textile manufacturer Pandora Prod, owned by the Simiz family, posted RON292.2 million (more than EUR59 million) revenue in 2023, up almost 35% from the previous year’s RON216.6 million more

4 nov 2024

Turism Felix (TUFE.RO), a company that runs five hotels in Baile Felix resort in Bihor County, announced the Financial Supervisory Authority had approved the tender offer launched by Transilvania more

4 nov 2024

Law firm RTPR assisted Swedish investment company Oresa and entrepreneur Cristian Amza in the sale of La Fantana Group, which has subsidiaries in Romania and Serbia to strategic investor Axel Johnson. more

4 nov 2024

UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due more

1 nov 2024

Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (November more

1 nov 2024

Fast-food restaurant chain Hesburger has opened a new restaurant in the Baneasa Shopping Mall in Bucharest, following an investment of EUR0.5 million. more

1 nov 2024

New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show. more

1 nov 2024

Appraisal & Valuation (APP.RO), a company that provides real estate appraisal, consulting and development services, posted RON5.1 million revenue in January-September 2024, up 27% from the year-ago more

1 nov 2024

Axel Johson Inc (AJI), a US company held by Swedish Johnson family, on Friday announced the acquisition of La Fantana S.R.L., one of the main suppliers on the market of water solutions in Central and more

1 nov 2024

The Hyatt Group, which has recently signed the franchise agreement for the ARO Palace Hotel to be reopened under the Hyatt Regency Aro Palace Brasov brand, is looking at Bucharest for expansion. more

1 nov 2024

Yildiz Entegre Romania, part of the Turkish group with the same name that operates the MDF factory in Oarja, Arges County, posted RON504.4 million (EUR102 million) revenue in 2023, down 30.2% from the more

1 nov 2024

Agro Oil Service (AOS), a grain trader, grain seed, pesticide and chemical fertilizer wholesaler and provider of grain transportation by road, posted RON227.8 million (EUR46 million) revenue in 2023, more

1 nov 2024

Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news conference. more

1 nov 2024

The foreign direct investments in the Romanian trade exceeded the EUR20 billion mark for the first time last year, as companies in the sector continued to put money into development, Romania’s more

18 oct 2024

Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same group that operates the furniture plant. The decision more

17 oct 2024

Romanian-held agribusiness group Rodbun Grup posted RON795.6 million (EUR160.8 million) revenue in 2023, up 9.3% from the previous year’s RON727.4 million (EUR147.5 million), according to ZF’s more

17 oct 2024

Frigoglass Romania, a producer of plastics and refrigerated display cases, part of the Greek Frigoglass Group, posted about RON605 million (EUR122.3 million) revenue in 2023, up 3.7% from the previous more

17 oct 2024

Poland’s Elemental Holding Group based in Luxembourg has taken over the majority stake in Romanian ACC Recycling Services and plans to invest almost EUR20 million in a plant for recycling electronic more

16 oct 2024

Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has notified the Bucharest Stock Exchange of the implementation of a new organizational structure by removing some positions. more

16 oct 2024

Speedwell, one of the most active real estate developers in Romania, has started construction works for the third, and last building of the Triama Residence project, the company said in a statement. more

16 oct 2024

The residential division of Prime Kapital plans to start construction of 600 new homes in its two major projects – Avalon Estates and Silk District in Bucharest and Iasi. more

15 oct 2024

The acquisition by Banca Transilvania (TLV.RO), the largest lender in Romania, of OTP Asset management, part of the OTP Bank Romania acquisition, has been completed after having been recently approved more

15 oct 2024

Technology group Bittnet (BNET.RO) has notified the Bucharest Stock Exchange that one of its companies, Dendrio Solutions, signed a loan agreement with ING Bank. more

15 oct 2024

The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September. more

15 oct 2024

Romania got EUR9.4 billion in NRRP funds between 2021 and the third quarter of 2024 or 33% of its allotment via this EU program. Estimates for 2024 point to EUR200 million disbursements or 0.1% of the more