17 nov 2023

IKEA Romania, one of the largest furniture and home decor retailers in the market, posted 14.1% growth in sales to more than RON1.2 billion in the fiscal 2023, after having sold more than 22 million more

16 nov 2023

Romanian manufacturer of polystyrene and dry mortar VeroTherm intends to inaugurate its first logistics center outside the country, in the United Kingdom, aiming to expand the company's operations more

16 nov 2023

CEC Bank, the largest state-run lender in Romania, has raised EUR162.6 million from investors through a tap of its February 2028 senior non-preferred MREL Eligible Notes issue from February 2023. more

16 nov 2023

Industrial and logistics projects accounting for about 555,000 square meters are currently under construction in Romania and due to be delivered by the end of 2024, 60% or 315,000 square meters of more

16 nov 2023

Construction material holding company Roca Industry (ROC1.RO), launched by Roca Investments, posted RON439.2 million revenue for its companies in the first nine months of the year, an increase of 7.9% more

16 nov 2023

IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, posted RON360 million revenue in the first nine months of 2023, up from the RON226 million in the year-ago period. Net profit more

16 nov 2023

Construction material manufacturer Cemacon (CEON.RO) posted RON130.07 million net revenue in the first nine months, 27% lower than on September 30, 2022. more

16 nov 2023

Idea Bank, which Banca Transilvania acquired two years ago, will change its name to Salt Bank and will become the first 100% digital bank made in Romania. more

16 nov 2023

Precast concrete product manufacturer ASA CONS based in Turda ended the first nine months of this year with EUR28.3 million revenue, up 12% compared with the same period last year, the company said. more

16 nov 2023

Agrotex, the farm input supplier based in Carei, Satu Mare County, and owned by Adrian Mircea Lata in partnership with Florentina Lata and Mirela Dana Savinescu, posted RON763.4 million (EUR149.3 more

16 nov 2023

Romanian-owned textile manufacturer Pandora Prod in Focsani posted RON216.6 million (about EUR44 million) revenue in 2022, up 31.6% from the previous year’s almost RON164.6 million (EUR33.4 more

16 nov 2023

Automotive component manufacturer Hella Romania, the local subsidiary of Germany’s Hella Group, is currently employing more than 5,500 people in its design and development centers in Timisoara, more

16 nov 2023

Home appliances and components manufacturer Electroarges (ELGS.RO), the only large locally owned player in the market, posted RON8 million loss in the first nine months of 2023, compared with a loss more

16 nov 2023

Real estate developer IMPACT Developer & Contractor (IMP.RO) posted RON63.8 million net profit in the first nine months of 2023, more than four times higher than the net profit of RON15 million in the more

16 nov 2023

Electrica (EL.RO), a major player in the electricity distribution and supply market in Romania, made RON418.3 million net profit in the first nine months of 2023, 21.6% (or RON115.4 million) lower more

16 nov 2023

Deutsche Telekom (Germany) and OTE (Greece) have signed an agreement to sell Telekom Mobile Romania to Clever Media Network, a group controlled by entrepreneur Adrian Tomsa, which owns Prima TV and more

15 nov 2023

Biodegradable and compostable packaging manufacturer Promateris (PPL.RO) ended the first nine months of 2023 with a net loss of RON4.4 million, from a net profit of RON3.8 million in the same period more

15 nov 2023

Targu Mures-based fiber optic cable manufacturer Romcab (MCAB.RO) posted RON32.6 million loss in January-September 2023, down from RON85 million in the same period in 2022, it said in its report to more

15 nov 2023

Drugmaker Zentiva (SCD) posted RON124 million net profit in the first nine months of 2023, compared with RON33.6 million in the same period last year, while revenue rose to RON684 million from RON538 more

15 nov 2023

Lender Patria Bank (PBK.RO), held by Emerging Europe Accession Fund (EEAF), ended the first nine months of 2023 with RON15 million net profit, the same as in the year-ago period (RON14.9), it said in more

15 nov 2023

Real estate developer Impact Developer & Contractor (IMP.RO), an entrepreneurial company controlled by businessman Gheorghe Iaciu, on Wednesday evening announced it was preparing a EUR3 million bond more

15 nov 2023

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, posted $3.5 million net loss on September 30, 2023 compared with a $161.2 million net profit in the more

15 nov 2023

Corrugated cardboard maker Vrancart (VNC.RO) posted RON342 million revenue in the first nine months of 2023, down from the RON410 million in the year-ago period, its third quarter financial report more

15 nov 2023

Germany’s drugstore chain dm drogerie markt, which has 139 stores in Romania, ended the financial 2022-2023 (October 1 – September 30) with more than RON1.3 billion sales, an increase of 58% more

14 nov 2023

The largest share buyback offering on the Bucharest Stock Exchange, one which has the potential to reach RON1 billion, conducted by Fondul Proprietatea (FP.RO) to repurchase its shares from investors more