22 dec 2023

Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Friday notified the Bucharest Stock Exchange that it decided to file for insolvency with more

22 dec 2023

Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as more

22 dec 2023

Nuclearelectrica, the only nuclear power producer in Romania, signed with the European Investment Bank (EIB) a loan agreement of EUR145 million to support completion of Europe’s first Tritium more

22 dec 2023

The shareholders of private medical service provider MedLife (M.RO) on Friday approved during an Extraordinary General Meeting the authorization of the company’s Board of Directors to negotiate with more

22 dec 2023

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, announced a change in its executive management team, as Gabriel Loghin, the current general manager and more

22 dec 2023

Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024. more

21 dec 2023

Polish-held retailer Żabka, one of the largest grocery retailers in Poland, is entering the Romanian market with the acquisition of the majority stake in distribution company DRIM Daniel Distributie more

21 dec 2023

Law firm PeliPartners assisted the Gymboland Group, which operates a network of 13 indoor playgrounds in Bucharest, Ploiesti and Constanta, to sell the majority stake to the Black Sea Fund at the same more

21 dec 2023

The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute announced on more

21 dec 2023

Tatika Investments Limited, the largest shareholder of Sphera Franchise Group (SFG.RO), bought 363,823 Sphera shares on December 19 for RON9 million, according to a report to the Bucharest Stock more

21 dec 2023

The four-star hotel Cismigiu in Bucharest, one of the city's landmark buildings, controlled by the Spanish Hercesa, will end this year with EUR1.9 million revenue, higher than in 2019, the benchmark more

21 dec 2023

Building materials holding company Roca Industry (ROC1.RO) announced on the Bucharest Stock Exchange on Wednesday that its shareholders had approved the proposals related to the acquisition of door more

19 dec 2023

Romanian company IT Genetics, part of the ITG group, which specializes in supply chain equipment and software solutions, has invested around EUR250,000 in an e-commerce platform dedicated to the more

19 dec 2023

Mobility company Autonom has an annual minimum investment budget of EUR60 million and plans that 13% of the about 3,000 cars it buys a year to be electric and hybrid vehicles in 2024, Autonom CEO more

19 dec 2023

Building materials manufacturer TeraPlast Bistrita (TRP.RO) notified the Bucharest Stock Exchange on Tuesday evening that it had bought the majority stake in Palplast in Calarasi, Republic of more

19 dec 2023

Perfumery brand Obsentum has opened its first store in northeastern Romania in Iasi, in the Palas shopping center, and has reached a network of nine niche perfumeries in the country. more

18 dec 2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, will end this year with more than RON500 million (EUR100 million) revenue, more than more

18 dec 2023

The year 2023 was a year of consolidation and maturity for Kaufland Romania, when the retailer continued to expand fast, by opening 13 new hypermarkets, says Valer Hancas, communication and corporate more

18 dec 2023

Romania will be able to position itself as a research and innovation hub in the next decade, Murat Buyukerk, CEO of the largest local home appliances manufacturer, Arctic, believes. more

18 dec 2023

The Bucharest Capital Markets Practice of global law firm Clifford Chance, coordinated by Partner Madalina Rachieru-Postolache, advised for on four equity and bonds transactions successfully concluded more

16 dec 2023

Green power producer Hidroelectrica (H2O.RO) has called shareholders for a meeting on January 22, 2024, to approve the acquisition of the business from UCM Resita SA and the establishment of a company more

14 dec 2023

The Ares Group, which specializes in interventional cardiology, and Brain Hospital, which specializes in neurosurgery, have bought the cardiovascular surgery hospital Monza near the National Arena more

14 dec 2023

Iulius Group, the real estate developer controlled by Iulian Dascalu, has invested EUR130 million in connectivity solutions, infrastructure, alternative mobility, the development of bicycle paths and more

13 dec 2023

Integrated meat and meat products producer Ferma Zootehnica, controlled by the Lazar family from Baia Mare, posted EUR43 million revenue in the first ten months of this year, up 14% compared with the more

13 dec 2023

CTP, Europe's largest listed developer, owner and manager of industrial and logistics space, has leased over 1,800 square meters of warehouse and office space in CTPark Bucharest North to Hell Energy more