16 mai 2024

Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more

16 mai 2024

Video game publisher and developer Gameloft Romania has announced the closure of its studio in Cluj, which employs 136 people. The Cluj studio opened in 2010. more

16 mai 2024

BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, posted RON62,000 net profit in the first quarter of 2024, due to diverging developments of two business more

15 mai 2024

Alternative investment fund Lion Capital posted RON11.3 million net profit and RON4.3 billion net assets in the first quarter of 2024, an increase of 30% on the same quarter of 2023, it said in the more

15 mai 2024

Brick manufacturer Cemacon (CEON.RO) ended the first quarter of 2024 with a net loss of RON3.7 million, from a profit of RON12.8 million in the year-ago period, while revenue stood at RON38.7 million, more

15 mai 2024

Alternative investment firm Evergent Investments (EVER.RO) ended the first quarter of 2024 with RON3.2 billion in total assets, an increase of 32% on the year-ago period, and a net result of RON78 more

15 mai 2024

Artsani DIY stores in Prahova County posted total sales of RON149 million in 2023, 15% lower than in 2022, latest data about Artsani Com on the Finance Ministry website show. more

15 mai 2024

The shares of telecommunications operator Digi (DIGI.RO) will be included in the structure of the MSCI Frontier Markets Index, following the revision of the list by the equity index provider. All more

15 mai 2024

Premier Restaurants Romania, the operator of the McDonald’s restaurants in the country, plans to open seven new restaurants in 2024 and continue remodeling and digitalization projects of the more

15 mai 2024

Raiffeisen Bank has decided to go with Visa at its only card partner, which means the bank will be issuing new cards for those who already have Mastercard Raiffeisen Bank cards, its officials more

14 mai 2024

Panoramic Restaurant on the Tampa Mountain in Brasov will reopen next year, after ANA Hotels bought it from Aro Palace in 2022 and said it planned to invest in it. more

14 mai 2024

Construction company CML.RO in Beclean, Bistrita-Nasaud County, owned by entrepreneurs Mihaela and Vasile Ros, posted RON185.7 million (EUR37.6 million) revenue in 2023, up by about 16% on the more

14 mai 2024

AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON105 million consolidated revenue in the first quarter of 2024, slightly down by more

14 mai 2024

State-owned Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest issuer listed on the Bucharest Stock Exchange by market capitalization, posted RON1.3 billion net profit in more

14 mai 2024

SIPEX (SPX.RO), one of the largest distributors of building materials and finishes in Romania, with 27 years in business on this segment, posted RON69.3 million revenue in the first quarter of 2024, more

14 mai 2024

Telecommunications operator Digi (DIGI.RO) on Tuesday evening notified the Bucharest Stock Exchange about its subsidiary RCS&RDS having taken out a loan from Citibank to develop operations in Romania more

13 mai 2024

Following a nearly $15 million investment to meet high domestic and international demand for corn and sunflower seeds from farmers, US-held Corteva Agriscience’s processing facility in Afumati, more

13 mai 2024

Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa. more

11 mai 2024

Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an obligation to create 120 jobs in Botosani and Craiova, more

11 mai 2024

Banca Transilvania (TLV.RO), Romania's largest lender, posted an individual net profit of RON913 million in the first quarter of 2024, up 35% compared with the year-ago period, the bank said in a more

10 mai 2024

OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more

9 mai 2024

Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a RON200 million term deposit without auto-renewal option with Exim Banca Romaneasca. more

9 mai 2024

Polish retailer Zabka, which has more than 10,000 stores back home, is officially entering the Romanian grocery retail market by opening its first store under the Froo brand. This is the brand the more

9 mai 2024

Early Game Ventures on April 25 finalized the necessary documents for the official launch of its second investment fund, with a total value of EUR60 million, the firm said in a press release. more

8 mai 2024

Oradea-based Criboser, the second most dynamic road carrier in Romania by revenue in 2022, expects business to grow this year after buying 20 more trucks to carry goods from Belgium, Germany and the more