7 feb 2025

Romanian car rental group Klass Wagen has recruited Remus Moraru, former head of e-commerce of Wizz Air, as chief marketing officer. The goal of the new manager is to oversee international expansion more

6 feb 2025

Discount store chain Penny will invest EUR120 million to EUR150 million in Romania in 2025, about the same as in the previous years, says Chief Executive Office Daniel Gross. more

6 feb 2025

The deal whereby Deutsche Telekom (Germany) and OTE (Greece) Group seek to sell Telekom Romania Mobile operations to Vodafone and Digi stands chances of being approved in the first half of 2025, more

6 feb 2025

New car registrations were down 6.4% to 11,920 units in January, data from Romania’s carmaker association ACAROM show. In comparison, 2024 started with a 4% increase to 12,733 units. more

5 feb 2025

Amundi, the European leader in asset management, is expanding its operations through a new partnership for the distribution of investment funds in Romania with TradeVille, the largest retail broker on more

5 feb 2025

Bucharest-based M247 Europe, one of Romania's leading providers of hosting, connectivity and data management solutions, is expanding its global network with three new points of presence in Helsinki, more

5 feb 2025

The Sandbox, a global metaverse platform founded in France, has announced the acquisition of Romanian blockchain and Web3 company QED Builders. more

4 feb 2025

The owners of Maviprod-IRUM Group based in Reghin expect revenue to be 10% higher in 2025 than in 2024, when it was about the same as in 2023. more

4 feb 2025

Romanian-held Pluridio, a company specializing in development of software solutions for capital markets, has opened an office in London, Pluridio UK Ltd, as expansion the UK is part of its global more

4 feb 2025

Validator, a German startup specializing in artificial intelligence system governance and testing, has attracted a new round of funding from a consortium of investors, which includes Bitdefender more

4 feb 2025

Retailer Profi inaugurated two stores in January 2025, a supermarket in Oradea, with a total area of 528 square meters and a Loco store (a format used for rural areas only) in Sabasa, Neamt County, more

3 feb 2025

Timisoara-based fuel wholesaler Artoil, held by entrepreneurs Alexandra and Alex Bunceanu, expects 25% growth in revenue in 2025 compared with 2024, as a result of both new partnerships and expansion. more

3 feb 2025

Law firm CMS advised leading UK-based collective of property investment and management companies M Core Group on the acquisition of the strip mall portfolio in Romania from MAS P.L.C., as well as on more

3 feb 2025

Romania's foreign exchange reserves shrank by EUR1.3 billion from EUR62.12 billion at the end of December 2024 to EUR60.83 billion at the end of January 2025, Romania’s central bank announced on more

3 feb 2025

Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited 15 lawyers over the past year, reaching a team of more than 45 lawyers, as a result of an increase in the more

31 ian 2025

eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main assets they bought were the e-money and payment more

31 ian 2025

State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint venture company, "GECO POWER COMPANY - GREEN ENERGY more

30 ian 2025

Three supermalls with about 130,000 square meters of gross lettable area each are under construction in Romania, as the developers in this country are betting on the improving purchasing power of more

29 ian 2025

Direct selling company Avon, one of the largest actors on the cosmetics market in Romania, expanded into retail last year, opening franchised stores. more

29 ian 2025

Avioane Craiova (AVIO.RO), a Romanian aeronautical company, has called shareholders for a general meeting on March 6, when they are to vote on getting a loan facility to fund the day-to-day operation more

28 ian 2025

Romanian companies conducted 18 transactions abroad in 2024, spending more than $330 million to buy businesses in the US, Italy and Austria, reveals a ZF analysis based on market data and data from more

28 ian 2025

Marian Alecu, the entrepreneur who started the McDonald’s network in Romania, is preparing two new investments in hotels, one in Sibiu and the other in the refurbishment of the Banat Hotel in more

27 ian 2025

Sporting goods retailer Decathlon, which arrived in Romania in 2009, will resume expansion in the country and open new stores in 2025 and 2026, after having focused on remodeling some of the already more

27 ian 2025

Developer Iulius is betting on the expansion of the Palas Iasi and on the start of its project in Constanta. more

27 ian 2025

Romania has become Europe’s third largest vacuum cleaner exporter after Germany and Austria and one of the top ten exporters in the world, as a result of the manufacturing investments of more