19 ian 2024

Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent group negotiated and announced takeover of retailer more

19 ian 2024

Lensa, one of the leading actors on the eyewear market in Romania, has recruited executive Gabriel Cubatov as chief commercial & acquisition officer. more

18 ian 2024

Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest. more

18 ian 2024

Global security and aerospace company Lockheed Martin and Aerostar Bacau (ARS.RO), which is already doing maintenance for Romania’s F-16 fleet, have inaugurated a maintenance and repair center for more

17 ian 2024

Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, expects EUR260 million revenue this year, while the car market has not yet recovered to pre-COVID levels. more

17 ian 2024

Kastamonu Romania (formerly Prolemn), held by Turkey's Kastamonu Entegre, expects similar results to last year's for its wood processing plant in Reghin in 2024. The company ended the first nine more

17 ian 2024

The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase in 2024, company officials say. more

17 ian 2024

The Paval family, the owner of DIY retailer Dedeman, will drop investment fund Equiliant Capital launched in 2019, focusing instead on Paval Holding, a special purpose vehicle it has been using to buy more

16 ian 2024

The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central and more

16 ian 2024

Road freight carrier Criboser, based in Oradea, brings about 80 to 100 trucks with food, flowers and medicines in Romania every week, while sending 20 trucks abroad from Romania and the rest from more

16 ian 2024

Farmacia Tei pharmacy chain will add new stores in Brasov, Craiova, Bucharest’s Sector 4 and Focsani along with Bebe Tei, its officials say. more

15 ian 2024

Entrepreneur Mihai Simiuc buys back health food brands Frufru and Urban Monkey from Unilever, five years after selling them to the group. more

15 ian 2024

Alpha Bank completed the transfer of the operations of Orange Money Romania on January 12, that is the customer portfolio, the digital assets (mobile application), the credit card portfolio and the more

12 ian 2024

A team of transaction specialists of PwC Poland and PwC Romania assisted the Zabka Group, one of the largest grocery retailers in Poland in its acquisition of the majority stake of Romanian fast more

11 ian 2024

Pastry shop chain LUCA is expanding with a new location right in the center of Bucharest, on the ground floor of the Unirea Shopping Center in Piata Unirii. The new shop will open by the end of more

11 ian 2024

Lithuania’s Spark, a car-sharing service that allows people to rent electric cars via a mobile application, has informed its users in Romania via an in-app notification about plans to shut down the more

11 ian 2024

KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global more

10 ian 2024

This year's ski season, which started earlier than last year, when it snowed as late as February, could bring growth for the hotel business in Poiana Brasov. more

10 ian 2024

Knauf Insulation, a company that is conducting a EUR130 million investment in construction material production in Romania, expects to open its new plant in Tarnaveni, Mures County, set to employ more more

9 ian 2024

Banca Comerciala Romana, Swiss Capital and BT Capital Partners, the three most active stockbrokers on the Bucharest Stock Exchange last year, brokered RON33.9 billion transactions and accounted for more

9 ian 2024

Romania will assemble three electric and two full-hybrid cars as of this year, for the first time ever, considering rising demand for such vehicles. more

8 ian 2024

Law firm Tuca Zbarcea & Asociatii assisted OMV Petrom (SNP.RO) in the two of the most important “green” deals ever conducted in Romania, the acquisition of 50% in the largest wind farm project more

8 ian 2024

Egger Romania, part of the Austrian supplier of wood-based materials for furniture and interior design, construction and flooring Egger, has budgeted EUR25 million investments for this year to upgrade more

29 dec 2023

Mobile telephony operator Orange Romania on Friday evening announced the merger with the former fixed telephony monopoly Romtelecom. more

29 dec 2023

The exchange rate posted by Romania’s central bank ends 2023 at RON4.974/EUR, a level almost similar to that at the end of last year, RON4.947/EUR. more