9 mar 2021

Alesonor, a real estate development firm held by Greek entrepreneurs, which erected luxury residential project Amber Gardens has obtained the urban planing permit for a EUR110 million residential more

9 mar 2021

Demand for real estate valuation and consulting services remained constant during the pandemic, as investors sought to identify changes and new market trends and recalibrate their choices amid more

9 mar 2021

The digitization of public services is an indisputable necessity, as it solves citizens' problems quickly and efficiently, especially in the current context of the pandemic, in which social more

9 mar 2021

Romanian lender BRD Groupe Société Générale has granted a EUR20 million loan to Ana Hotels group for the renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in the more

9 mar 2021

Veterinary services provider PawSquad, founded in 2015 by serial entrepreneurs Diwaker Singh and Radu Georgescu, has been acquired by IVC Evidensia, Europe’s leading veterinary care provider based more

9 mar 2021

Romanian construction materials manufacturer TeraPlast Group (TRP.RO) plans to distribute special dividends totaling RON226.6 million, plus free shares from the profit it registers at the end of March more

9 mar 2021

Amazon, the world’s largest online retailer, plans to open a new office in Timisoara and two more in Iasi by the end of the year, creating 500 more jobs. more

9 mar 2021

Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported a gross profit of EUR14.2 million for local operations in 2020, from a loss of more

9 mar 2021

Organic fertilizer producer Norofert Group (NRF.RO) has signed a binding agreement to purchase Agroprod Cev, which operates a 1,000-hectare farm in Teleorman county, southern Romania, in a deal more

9 mar 2021

Romania's gross domestic product contracted by 3.9% in real terms in 2020 compared with 2019, breakdown data from the country's statistics board confirmed Tuesday. more

8 mar 2021

Romania's finance ministry on Monday rejected all bids at a tender where it planned to raise 400 million lei (EUR81.9 million) selling bonds maturing in June 2026, central bank data showed. more

8 mar 2021

Private medical services network Regina Maria, owned by investment fund Mid Europa Partners, reported a consolidated turnover of EUR237 million in 2020, up 27% on the year. more

8 mar 2021

The Romanian capital market posted nearly 18% growth in the past year and nearly a quarter of the growth rate was achieved in January and February 2021, Bucharest Stock Exchange data showed Monday. more

8 mar 2021

Romania's president Klaus Iohannis on Monday signed off on a loan agreement allowing Romania to borrow EUR4 billion from the European Union to protect citizens affected by the Covid-19 crisis. more

8 mar 2021

International Finance Corporation (IFC), a member of the World Bank Group, and the Bucharest Stock Exchange, mark International Women's Day on Monday with an event advocating gender equality. more

8 mar 2021

Progress for women in work could be back at 2017 levels by the end of 2021 as a result of the COVID-19 pandemic, according to analysis conducted for PwC’s annual Women in Work Index, which measures more

8 mar 2021

The number of real estate deals in Romania stood at 50,147 in February, 1,411 more than in January, data from the national cadaster agency ANCPI showed Monday. more

8 mar 2021

Ana Hotels has started a EUR25 million investment in the capital renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in the city center. more

5 mar 2021

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON22 million in 2020, lower than in 2019 due to increased risk costs amid more

5 mar 2021

MedLife (M.RO), the leader of the private medical services market in Romania, said Friday it has completed the acquisition of the Veridia Medical Center in Bucharest, known as Basarab Medical Center. more

5 mar 2021

Romanian apparel manufacturer Braiconf Braila (BRCR.RO) plans to relocate its factory in Braila and sell the factory's 10,000-square-meter land to retailer Kaufland for over EUR7 million. more

5 mar 2021

Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a consolidated net profit of RON388 million for 2020, 87.5% higher compared with 2019. more

5 mar 2021

Romanian lawmakers have rejected a bill that sought to cap interest rates on mortgage and consumer loans to at most 50% above the central bank benchmark rate. more

4 mar 2021

Romania's finance ministry on Thursday raised 461 million lei (EUR94.5 million), above its RON400 million target, selling bonds maturing in June 2023 at an average yield of 2.24% a year, central bank more

4 mar 2021

Poland's Citronex group will build greenhouses to grow tomatoes in Targu Jiu, southwestern Romania, on a surface of 50 hectares, local authorities said. more