21 feb 2024

The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania survey shows. more

20 feb 2024

IT group Bittnet Systems (BNET.RO) on Tuesday notified the capital market of the signing of a significant RON11 million contract by Dendrio Solutions SRL (part of the Cloud & Infrastructure business more

20 feb 2024

Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed the sale of its Engie Romania stake to GDF more

20 feb 2024

Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova increase by 23% in 2023 compared with 2022. more

20 feb 2024

Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry signed with more

20 feb 2024

Renault Group put Emanoel Derta in charge of the Dacia Design Center in Bucharest as of this year. He replaces Ory Yohann, who had been running the studio since 2021, overseeing the launch of new more

20 feb 2024

Softone Group, a leading business software provider in Greece and SE Europe, which operates in Romania via SoftOne Romania, has appointed Radu Opris the new Group General Manager International, the more

20 feb 2024

Romania ranks 14th in the European Union by new car registrations in January 2024, with a volume of 12,733 units, an increase of 3.8% on January 2023, data from the Romanian and European carmakers more

20 feb 2024

“Electrified” passenger cars will in 2024 reach a 29% market share in Romania, so that, an analysis by the Automotive Manufacturers and Importers Association (APIA) estimates that almost three more

19 feb 2024

Lion Capital (LION.RO) on Monday notified investors on the Bucharest Stock Exchange about its board of directors approving the sale of the entire stake in Azuga Turism (98.94%), consisting of 786,882 more

19 feb 2024

Romania's Finance Ministry raised RON443.2 million from banks on Monday (February 19, 2024) selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual average yield more

19 feb 2024

KIWI Finance, one of the most important players in the loan brokerage market in Romania, ended 2023 with a volume of intermediated loans of over RON1.7 billion (EUR350 million), more than 90% of which more

19 feb 2024

AROBS Transilvania Software (AROBS.RO) shares will be included in the FTSE Russell emerging markets indexes as of March 18, 2024. more

19 feb 2024

Romania’s economic growth will reach 2% to 2.5% in 2024, most chartered financial analysts at the CFA Forecast Dinner organized by the CFA association agreed. more

19 feb 2024

Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of a photovoltaic power project, with a nameplate more

19 feb 2024

Philipp Gamauf will take the position of chief financial officer (CFO) of ING Bank Romania as of March 1, at which time he will also become a member of the bank's Executive Committee, the bank more

1 feb 2024

Romanian tea producer Kalpo, which has been selling teas made in Buzau under the Vedda brand for more than three decades, posted 8% increase in revenue in 2023 compared with the previous year. more

1 feb 2024

Real estate developer ONE has bought some real estate assets of Romaero from Hidroelectrica, where it will develop a project, called ONE Baneasa AirPark, which will include offices and hangars near more

1 feb 2024

France’s Société Générale Group is looking into the opportunity of selling BRD, the third largest bank in Romania and hired JP Morgan to handle it, banking market sources say. more

31 ian 2024

PET flakes plant Professional Recycle in Targu-Mures will triple its production capacity this year, following an investment of EUR20 million euros, its officials say. more

31 ian 2024

Travel agency Aerotravel, one of the largest in Romania, ended last year with gross sales of RON180 million, an increase of 28% on the previous year, its officials say. more

31 ian 2024

Piping Logistics, a Belgian manufacturer of components for ventilation systems, will start production in a factory it operates near Timisoara in the first part of February. The opening was originally more

31 ian 2024

Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), on Wednesday announced it had filed for insolvency with the Bucharest Court of Law, expressing intent to more

30 ian 2024

Flanco, the second largest actor in Romanian computer and electronics retail, achieved record sales of RON1.275 billion last year, 20% higher than in 2022. more

30 ian 2024

Skatepark and playground builder Sport Play Systems in Turda, Cluj County, held by local entrepreneurs Adrian Silagyi and Mihai Balas, ended 2023 with RON30.3 million (EUR6.1 million) revenue. more