27 dec 2023

Fondul Proprietatea intends to buy back 1 billion shares in 2024, as part of its strategy to remunerate shareholders, at a price that may not be lower than RON0.2 and higher than RON1 per share and more

27 dec 2023

Natural gas producer and supplier Romgaz (SNG.RO) announced on the Bucharest Stock Exchange on Wednesday that it would complete the Iernut power plant in Mures County by December 31, 2024. more

27 dec 2023

Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec 27). more

27 dec 2023

Danube freight carrier Transport Trade Services (TTS.RO) has informed the capital market about the conclusion by the Board of Directors of two contracts for the provision of integrated logistics more

27 dec 2023

Evergent Investments (EVER.RO), an alternative investment fund with a capitalization of RON1.2 billion, will conduct a share buyback program of 10 million shares at a price of RON1.45/each or a total more

22 dec 2023

Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Friday notified the Bucharest Stock Exchange that it decided to file for insolvency with more

22 dec 2023

Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as more

22 dec 2023

Nuclearelectrica, the only nuclear power producer in Romania, signed with the European Investment Bank (EIB) a loan agreement of EUR145 million to support completion of Europe’s first Tritium more

22 dec 2023

The shareholders of private medical service provider MedLife (M.RO) on Friday approved during an Extraordinary General Meeting the authorization of the company’s Board of Directors to negotiate with more

22 dec 2023

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, announced a change in its executive management team, as Gabriel Loghin, the current general manager and more

22 dec 2023

Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024. more

21 dec 2023

Polish-held retailer Żabka, one of the largest grocery retailers in Poland, is entering the Romanian market with the acquisition of the majority stake in distribution company DRIM Daniel Distributie more

21 dec 2023

Law firm PeliPartners assisted the Gymboland Group, which operates a network of 13 indoor playgrounds in Bucharest, Ploiesti and Constanta, to sell the majority stake to the Black Sea Fund at the same more

21 dec 2023

The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute announced on more

21 dec 2023

Tatika Investments Limited, the largest shareholder of Sphera Franchise Group (SFG.RO), bought 363,823 Sphera shares on December 19 for RON9 million, according to a report to the Bucharest Stock more

21 dec 2023

The four-star hotel Cismigiu in Bucharest, one of the city's landmark buildings, controlled by the Spanish Hercesa, will end this year with EUR1.9 million revenue, higher than in 2019, the benchmark more

21 dec 2023

Building materials holding company Roca Industry (ROC1.RO) announced on the Bucharest Stock Exchange on Wednesday that its shareholders had approved the proposals related to the acquisition of door more

19 dec 2023

Romanian company IT Genetics, part of the ITG group, which specializes in supply chain equipment and software solutions, has invested around EUR250,000 in an e-commerce platform dedicated to the more

19 dec 2023

Mobility company Autonom has an annual minimum investment budget of EUR60 million and plans that 13% of the about 3,000 cars it buys a year to be electric and hybrid vehicles in 2024, Autonom CEO more

19 dec 2023

Building materials manufacturer TeraPlast Bistrita (TRP.RO) notified the Bucharest Stock Exchange on Tuesday evening that it had bought the majority stake in Palplast in Calarasi, Republic of more

19 dec 2023

Perfumery brand Obsentum has opened its first store in northeastern Romania in Iasi, in the Palas shopping center, and has reached a network of nine niche perfumeries in the country. more

18 dec 2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, will end this year with more than RON500 million (EUR100 million) revenue, more than more

18 dec 2023

The year 2023 was a year of consolidation and maturity for Kaufland Romania, when the retailer continued to expand fast, by opening 13 new hypermarkets, says Valer Hancas, communication and corporate more

18 dec 2023

Romania will be able to position itself as a research and innovation hub in the next decade, Murat Buyukerk, CEO of the largest local home appliances manufacturer, Arctic, believes. more

18 dec 2023

The Bucharest Capital Markets Practice of global law firm Clifford Chance, coordinated by Partner Madalina Rachieru-Postolache, advised for on four equity and bonds transactions successfully concluded more