18 mar 2021

Omniasig, the biggest local insurance company owned by Austria's Insurer Vienna Insurance Group (VIG), reported gross underwritings of RON1.5 billion in 2020, up 5% compared with 2019. more

18 mar 2021

Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809 million of new financing from the European Investment Bank and more

18 mar 2021

Insolvent chemical fertilizer plant Chemgas Slobozia, part of Interagro group, has been put up for sale by judicial liquidator at a starting price of RON124 million. more

18 mar 2021

Online furniture and home decor retailer Vivre Deco said Thursday it plans to issue corporate bonds of maximum EUR7 million to fund its further development. more

18 mar 2021

Romania's finance ministry on Thursday rejected all bids at a tender for bonds maturing in October 2030, where it planned to raise 400 million lei (EUR81.8 million), as interest for the issue was very more

18 mar 2021

Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval on April 28 for loans totaling over RON1.7 billion from the EIB, Raiffeisen Bank and Erste to fund more

18 mar 2021

Agroland Agribusiness, part of Horia Cardos' Agroland Group, will change its status from a limited liability company to a joint-stock company, group shareholders decided Thursday. more

18 mar 2021

The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared with the end of 2019, financial regulator data showed Thursday. more

17 mar 2021

OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, has summoned shareholders on April 27 to approve the more

17 mar 2021

Romania's finance ministry on Wednesday raised EUR230 million, above its EUR200 million target, selling bonds maturing in August 2026 on the local market, central bank data showed. more

17 mar 2021

The Romanian factoring market reached EUR5 billion in 2020, stable compared with 2019, the Romanian Factoring Association (ARF) said Wednesday. more

17 mar 2021

Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON644 million for 2020, 17% lower than in 2019, under the impact of the pandemic and a more

16 mar 2021

The Bucharest capital market, promoted to emerging market status in September last year by FTSE Russell, hit an all-time high on Tuesday as its main index, BET, broke the previous record of 10,813 more

16 mar 2021

European fashion platform Zalando plans to expand to Romania and Hungary in 2022, after tapping new markets in Croatia, Estonia, Latvia, Lithuania, Slovakia and Slovenia in 2021. more

16 mar 2021

Investment fund Oresa has completed the acquisition of the Solo Iasi industrial and logistics park from tester group, owned by Bogdan Pitigoi, marking the fund's entry on the local real estate market. more

16 mar 2021

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON77.1 billion in February, RON470 million less than in February, breaking a 10-month growth more

16 mar 2021

French retail groups Auchan and Decathlon will be testing their shop in shop concept in Romania, as Decathlon will sell some of its products in dedicated areas within Auchan hypermarkets. more

16 mar 2021

Steel mill Liberty Galati said Tuesday it has the funds to cover the plant's current needs although the insolvency of investment fund Greensill, the main lender to its parent group, was more

16 mar 2021

Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday. more

16 mar 2021

Romania's current account balance posted a deficit of EUR239 million in January, compared with a deficit of EUR377 million in January 2020, central bank data showed Tuesday. more

15 mar 2021

Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, plans to distribute dividends totaling RON472 million from its 2020 profit. more

15 mar 2021

Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

15 mar 2021

New vehicle registrations in Romania declined 18.8% on the year in February, after a 46.6% annual decline in January, data from the the Automotive Manufacturers and Importers Association (APIA) showed more

15 mar 2021

Romania's finance ministry on Monday raised 300 million lei (EUR61.4 million), as planned, selling treasury bonds maturing in January 2028 at an average yield of 2.84%, central bank data showed. more

15 mar 2021

Real estate developer Oasis Retail Development & Consulting, owned by Klaus Reisenauer and Kurt Wagner, has taken a EUR9 million loan from OTP Bank to build a 60,000-square-meter retail park in the more