29 nov 2023

Banca Transilvania (TLV.RO) financial group has again tapped international markets, raising EUR500 million via MREL (minimum requirement for own fund and eligible liabilities) bonds due in five years more

29 nov 2023

A total of 3.1 million shares of Cluj-based dairy producer Bonas Import Export (BONA.RO) changed hands in two deals on the Bucharest Stock Exchange on Wednesday. more

28 nov 2023

HILS Development, the real estate development company of Ionut Negoita, brother of Bucharest’s Sector 3 mayor, has started an urban regeneration project in the Republica area of the city, on the more

28 nov 2023

Furniture retailer Mobexpert will open a new concept store in Romania, in Ramnicu Valcea, on Thursday (November 30), following an about EUR700,000 investment. The retailer inaugurated two other such more

28 nov 2023

International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and member of more

28 nov 2023

Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International School in more

28 nov 2023

Lithuanian-held Spark, a provider of electric car-sharing service via a mobile app, which started operations in Romania in 2019, has expanded its service coverage to four new areas in Bucharest – more

27 nov 2023

Furniture and home product retailer JYSK continues expansion in Romania with the inauguration of a new store in Ramnicu Valcea on Thursday, November 30, for a total of 138 in the country. more

27 nov 2023

Rondocarton, part of Austria’s Rondo Ganahl, one of the largest corrugated cardboard manufacturers in Romania, posted more than EUR90 million revenue in the first nine months of 2023 and expects to more

27 nov 2023

Investors, either retail or institutional, have put in orders with their brokers to sell about RON300 million worth of Fondul Proprietatea (FP.RO) shares so far during a buyback offer, which has the more

27 nov 2023

Banca Transilvania (TLV.RO), the largest lender in Romania, got the “investment grade” rating from Moody’s, the bank said in a press release. more

22 nov 2023

Smartphone sales in Romania will reach almost EUR1.5 billion at the end of 2023, an increase of some 8% on 2022, while the volume will continue to shrink, with the decline estimated at some 6% for the more

22 nov 2023

The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 more

22 nov 2023

Industrial bakery business Boromir expects to end 2023 with EUR160 million revenue. However, it seeks fast-paced growth in the future, to reach the EUR500 million revenue mark. more

22 nov 2023

Entrepreneur Adrian Tomsa, who leads a group of investors negotiating the takeover of mobile telephony operator Telekom Romania Mobile from Greece’s OTE and Germany’s Deutsche Telekom, says that more

22 nov 2023

Romania’s tractor and combine market, which shows the prosperity of the agricultural sector, saw a 23% decline in the sales of tractors and 17% decline in the sales of combines in the first ten more

21 nov 2023

Dacia generates profit and revenue for Renault Group and it is even more important now that Renault and Nissan renegotiated their partnership within the Alliance. more

21 nov 2023

Telekom Romania Mobile, part of Greece’s OTE Group, on Tuesday morning surprisingly confirmed that it was in talks to sell to local entrepreneur Adrian Tomsa, owner of Clever Media Network (CMN). more

20 nov 2023

Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON536.8 million (EUR108.8 million) in 2022, up more than 38% from the previous year’s RON388.6 million (EUR79 more

20 nov 2023

German-held Hengst Filtration has bought the former International Automotive Components (IAC) factory in Bals to manufacture air filters. more

20 nov 2023

Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, posted RON212.8 more

20 nov 2023

Shipbuilder Santierul Naval Constanta (SNC.RO) notified the Bucharest Stock Exchange on Monday about a notification received from Resource International SA, which bought 1.3 million shares in it for more

20 nov 2023

Electrica (EL.RO), an electricity supply, distribution and generation company, plans to build in partnership with Electrocentrale Grup a state-of-the-art combined cycle plant powered by natural gas more

20 nov 2023

UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity generation more

17 nov 2023

Nuclear power producer Nuclearelectrica (SNN.RO) has notified shareholders that on November 16, 2023, it bought some EUR45 million of CEC Bank bonds. The annual yield is 7.75%, it said in a report to more