22 apr 2021

Daniel Dines, 49, CEO, co-founder and shareholder of UiPath, is the richest man in Romania, ranking at number 464 on the Forbes list with an estimated net worth of more than $6 billion. more

22 apr 2021

Telecom operator Orange Romania on Thursday reported a turnover of EUR264 million for the first quarter of 2021, 2.5% higher compared with the same period last year. more

22 apr 2021

The online fashion market in Romania will exceed the $1 billion threshold by the end of 2021, according to a report by PayU, the fintech and e-payments business of Prosus. more

22 apr 2021

Sales of Romanian automaker Dacia grew 10.2% on the year in the first quarter of 2021, to 121,231 vehicles, its owner Groupe Renault said in its quarterly earnings report Thursday. more

22 apr 2021

CFA Romania analysts see the Romanian leu averaging 4.95 units to the euro over the next 6 months and 4.99 over the 12 month-horizon, from its current level of over 4.92 units to the euro. more

21 apr 2021

Romanian independent electricity and natural gas supplier Restart Energy One on Wednesday launched its first corporate bond issue on the Bucharest Stock Exchange, under the ticker symbol REO26. more

21 apr 2021

Romania's leading electronics retailer Altex continues expansion and opens a new store in Husi, Vaslui county, eastern Romania, on Thursday, following an investment of EUR3 million. more

21 apr 2021

UiPath, the most valuable company to emerge from the Romanian IT industry, has raised over $1.3 billion in an initial public offering ahead of its listing on the New York Stock Exchange on Wednesday. more

21 apr 2021

NN Pensii, the largest private pension fund manager on the mandatory segment in Romania (Pillar II), reported a net profit of RON44.9 million in 2020, compared with a loss of nearly RON40 million the more

21 apr 2021

Around 95% of the companies in the outsourcing industry in Romania will implement a hybrid working system after the pandemic and 55% of industry employees will work 8-12 days a month from the office, more

21 apr 2021

IT giant Tech Mahindra, present in Romania since 2019, has extended its office space in Vox Technology Park Timisoara by an additional 1,500 square meters, reaching a total office area of 2,100 sqm. more

21 apr 2021

KMG Rompetrol, the management and support division of KMG International Group, has extended its lease until the end of 2026 for offices in the City Gate compound in northern Bucharest. more

21 apr 2021

Belgian industrial developer WDP is investing EUR29 million acquiring land for new projects in the Bucharest area and the Transylvania region in Romania, it said in its first quarter earnings report more

20 apr 2021

The European Investment Bank (EIB) will grant a EUR250 million 27-year financing to Romania for a regional 850-bed hospital in Iasi, northeastern Romania. more

20 apr 2021

FintechOS, global technology provider for banks, insurers and other financial services companies, announced Tuesday it has raised $60 million (EUR51 million) in Series B funding. more

20 apr 2021

Life insurance company Aegon Romania, part of Dutch group Aegon, had underwritings of RON134.5 million in 2020, up 13% on the year. more

20 apr 2021

Restart Energy, the second largest independent supplier of electricity to household consumers in Romania, is listing its first bond issue on the Bucharest Stock Exchange Wednesday. more

20 apr 2021

International Finance Corporation (IFC), member of the World Bank Group, has granted a EUR72 million green loan to Romanian developer Iulius Group for the development of Palas Campus, an eco-friendly more

20 apr 2021

Romania's unemployment rate stood at 5% in 2020, compared with 3.9% in 2019, data from the country's statistics board showed Tuesday. more

19 apr 2021

Romania's finance ministry on Monday raised 533 million lei (EUR108.2 million), compared with a RON500 million target, selling treasury bonds maturing in October 2027 at an average yield of 2.77%, more

19 apr 2021

Provita Group, one of the leading medical center providers in Romania, founded by dr. Ovidiu Palea, said it will be investing EUR12 million in a multi-disciplinary hospital after signing a 25-year more

19 apr 2021

Online furniture and home decor retailer Vivre Deco has raised EUR7 million selling corporate bonds via private placement brokered by TradeVille. more

19 apr 2021

Grand Plaza Hotel, which owns the Sheraton hotel in Bucharest, has sold the Neptun complex in the seaside resort of Neptun, for EUR5 million to Onix Residence. more

19 apr 2021

Austria's Immofinanz, one of the largest real estate groups in Central and eastern Europe, said Monday it has concluded a long-term rental contract for roughly 11,000 sqm with the Provita Group, one more

19 apr 2021

Logistics developer Element Group, founded by Ionut Dumitrescu, announced Monday it has acquired a 2.7-hectare land near Pitesti, in close proximity to the A1 highway. more