24 sep 2015

Anina Radu, vice-president and deputy general manager with regional investment fund SIF Oltenia (SIF5.RO), bought on the Bucharest Stock Exchange September 22 a stake of 12,930 shares in the company more

24 sep 2015

Ursus Breweries, the leading brewer in Romania, has appointed Glenn Burgess supply chain director as of August, according to a document published in the Official Gazette. more

23 sep 2015

World Class Romania, Romania’s largest fitness chain, will open its 13th unit in the city of Bucharest in December. more

23 sep 2015

Quadrant-Amroq Beverages (QAB), bottler of PepsiCo on the local market, will merge through absorption with Vitarom Impex, the manufacturers of mineral water Valea Izvoarelor and soda glass bottler more

23 sep 2015

Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, forecasts a total turnover of EUR200 million and a number of 1,400 employees over the next four years. more

23 sep 2015

Stockholders of Bucur Obor (BUCU.RO), which owns Bucur Obor shopping center, a precursor of today’s malls which opened more than 40 years ago in Bucharest, approved in Tuesday session the payment of more

23 sep 2015

Romanian healthcare services market is seen up 7% or 8% over the next five years and there is no other such large market in the region besides Poland, Regina Maria’s general manager Fady Chreih said more

23 sep 2015

MedLife, Romania's largest private medical services provider, plans to bring its Brasov-based unit among top-ten medical companies on the local market, said Mihai Marcu, president of MedLife Board of more

22 sep 2015

Romanian dermo-cosmetics producer Ivatherm sees 60% higher sales in 2015, at EUR2.7 million, on the backdrop of entering foreign markets such as China, according to the company’s founder and CEO more

22 sep 2015

Romanian online recruitment platform Smartdreamers, established by local entrepreneurs Adrian Daniel Cernat, Marius Huza and Mihai Ceusan, sold a 11% stake to businessmen Mihai Guia, Cristian Lina and more

22 sep 2015

German-held retailer Kaufland named Gabriel Ludovic Vinte, 34, member in Kaufland Romania Board of Directors. more

22 sep 2015

Four Romanian and Swedish entrepreneurs launched Monday Lendia online platform for customized loan offers on the local market targeting natural persons. more

21 sep 2015

UTI group, majority owned by businessman Tiberiu Urdareanu, put up for sale Netcity Telecom, the company building Bucharest-based optical fiber network, sources on the financial and telecommunications more

21 sep 2015

A number of 21 brokerage companies of all authorized 28 switched on losses in 2015, compared with 16 companies end-2014, on the backdrop of a reduced activity on the Bucharest Stock Exchange, more

21 sep 2015

Nuclear power producer Nuclearelectrica (SNN.RO) summoned the general stockholders’ meeting October 22 to approve the memorandum of understanding with China General Nuclear Power Corp for the more

21 sep 2015

Telecom operator Orange Romania will buy a fleet of four electric cars Renault ZOE, being the first company on the local market to use such vehicles. more

18 sep 2015

Ionel Ciucioi, president and general manager of Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, stepped in as acting member of regional investment fund SIF Banat-Crisana more

18 sep 2015

Romanian online applications provider Zitec eyes revenue of EUR5 million (nearly 22 million lei) in 2015, while planning that half of its turnover be generated from projects for medium and large more

18 sep 2015

Austrian developer Immofinanz posted revenue from rents worth EUR11.8 million on the local market in the first quarter of financial year 2014-2015 ended July 31, similar with the same period a year more

18 sep 2015

Foreign tourists accounted for 5% of all tourists that went to the seaside in the summer of 2015, higher from a year before, the seaside resorts still lacking enough accommodation capabilities to more

17 sep 2015

Romanian lender Banca Transilvania (TLV.RO) will start Thursday a new buyback program targeting the acquisition of 10 million own shares for maximum 3 lei/unit until mid-December. more

17 sep 2015

A 5.4 % stake in Romanian hotel operator Compania Hoteliera Intercontinental (RCHI.RO) was traded Wednesday on the Bucharest Stock Exchange in a deal transaction worth 1,86 million lei. more

17 sep 2015

Bacau-based do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, eyes to expand internationally and is currently analyzing various markets, a first step in that direction more

17 sep 2015

EnergoBit Cluj, a major supplier of equipment and services for the energy field, majority owned by Polish investment fund Innova Capital, reported a EUR36 million turnover in the first semester, more

17 sep 2015

Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, posted net losses of EUR3.1 million (nearly 14 million lei) in the first semester, half from more