29 aug 2023

Danube freight carrier Transport Trade Services (TTS) recorded group-wide revenue of RON571.5 million in first half of 2023, 42% above the same period in 2022, it said it its first half financial more

29 aug 2023

Retail pharmacy chain Minifarm, which has developed in Tulcea and Constanta counties, and recently in Bucharest, plans to take over nine pharmacies in Bucharest from Farmacia Elixirfarm Impex and more

29 aug 2023

Real estate developer Globalworth has completed a new photovoltaic project, this time on the rooftop of Industrial Park West in Oradea, one of its important logistics and industrial park assets. more

29 aug 2023

The shareholders of port operator Comvex Constanta (CMVX.RO) decided in the August 28-29 meeting the distribution of RON150 million dividends, the company said in a report to the Bucharest Stock more

28 aug 2023

Moldova Eolian SRL, the project company behind the Ruginoasa wind farm, wholly owned by DTEK Renewables International B.V., has reached a EUR55 million financing agreement for the 60MW project to be more

28 aug 2023

The Korponay family known for having founded and sold pet product company Maravet returns to the forefront of this business with an acquisition. more

28 aug 2023

Romania's Finance Ministry raised RON678 million from banks on Monday (August 28), selling government paper with a nominal value of RON500 million at an annual average yield of 6.76%. more

25 aug 2023

Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, posted RON60 million revenue in the first half of 2023 compared with RON57.7 million in the more

25 aug 2023

State-run nuclear power producer Nuclearelectrica (SNN.RO) has made a term deposit in amount of RON133 million with Eximbank. The deposit is due on February 26, 2024, and carries an interest rate of more

25 aug 2023

Danube freight carrier Transport Trade Services (TTS) has concluded two contracts with Liberty Galati for the provision of transport services, the company said in a report to the Bucharest Stock more

25 aug 2023

Optical equipment manufacturer IOR Bucuresti (IOR.RO) ended the first six months of the year with a loss of RON1.96 million, up from the RON470,000 loss in the year-ago period, the company said in its more

25 aug 2023

Seed producer and processor Germina Agribusiness Bucuresti (SEOM.RO) posted RON1.53 million net profit in the first half of 2023, up from only RON29,325 in the first half of 2022. more

25 aug 2023

Real estate investment company Meta Estate Trust (MET.RO) has notified shareholders and capital market that during its meeting of the Board of Directors on August 23, a decision was made to appoint more

24 aug 2023

Credex IFN, a non-banking financial institution (NBFI) of the Altex Group, the leading computer and electronics retailer in Romania, has secured a license to operate as a payment institution from more

24 aug 2023

The number of real estate deals in Romania stood at 12,252 in July 2023, an increase of 16% on June 2023, data from the national cadaster agency ANCPI showed on Thursday (August 24). more

24 aug 2023

State-run natural gas transmission company Transgaz (TGN.RO) on Thursday notified the Bucharest Stock Exchange that its Board of Directors had elected Petru Ion Vaduva chairman of the Board until the more

24 aug 2023

Private lending in Romania grew by 5.6% in nominal terms (down 3.5% in real terms) to RON378.2 billion in July 2023 compared with July 2022, central bank data showed on Thursday (August 24). more

23 aug 2023

Tinervis Group, the company that operates the Luca chain of pretzel shops, held by entrepreneurs George Adragai and Mircea Cosmin Postole, posted almost RON368 million (EUR74.6 million) sales in 2022, more

23 aug 2023

Financial investment company Evergent Investments (EVER.RO) made transactions with shares in major energy companies – Nuclearelectrica (SNN.RO), Romgaz (SNG.RO) and OMV Petrom (SNP.RO) in April-June more

23 aug 2023

Cocor (COCR.RO), the company that manages the shopping center by the same name in downtown Bucharest, posted RON993,546 net profit in the first half of 2023, down 11.1% on the year-ago period, on more

23 aug 2023

Italy’s Intesa Group, which owns a bank in Romania, is in talks to buy First Bank, competing with Vista Bank over it, banking sources say. more

23 aug 2023

Natalie Thompson (32), currently Head of Marketing and Communications at MBGD in Dubai, will take over as CEO of Mercedes-Benz Romania from the fourth quarter of 2023. more

23 aug 2023

Romania ranks third among European countries with cheapest housing, after Bosnia and Herzegovina and Greece, as the average price of a new home is EUR1,417/square meter, up from EUR1,266/square meter more

22 aug 2023

Romanian-held growth equity fund Agista, which is in the process of being licensed by Romania’s Financial Supervisory Authority has signed a contract to buy a minority stake in medical clinic more

22 aug 2023

The sale of OTP Bank Romania is going ahead, and in Bucharest these days there are "management presentations" between OTP and the three banks it is in talks with. more