4 mar 2021

Nordis Group, a local real estate developer specialized on luxury properties, announced it is investing EUR31 million in a mixed-use project totaling 14,000 square meters in Brasov, central Romania. more

4 mar 2021

Prima Development Group, a real estate developer based in Oradea, announced Thursday it has completed Boemia Apartments in Bucharest, a boutique-style residential project, following an investment of more

4 mar 2021

Romanian regional investment fund Evergent Investments (formerly SIF Moldova) seeks to buy back approximately 8.3 million of its own shares at a price of RON1.6 per share, it said in a market report more

4 mar 2021

Industrial park developer CTP, a top five European logistics property company and the largest logistics property owner-developer in Central and Eastern Europe, announced Thursday it is planning a more

4 mar 2021

The United States Department of Commerce has lowered an anti-dumping tariff on aluminum sheets made by Romania's Alro SA (ALR.RO) from nearly 84% to 37.26%, the company said in a statement Thursday. more

3 mar 2021

Romania's Constitutional Court has upheld the transfer of a 46-hectare land in the Romexpo area in northern Bucharest from state property to the country's Chamber of Commerce, clearing the way for a more

3 mar 2021

Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, has had its reorganization plan approved by a syndic judge and seeks to return more

3 mar 2021

Over 7,000 Romanian companies owe more than RON1 million each to the state budget and are faced with a debt crisis on top of the pandemic crisis, according to a reports by CITR, the leading insolvency more

3 mar 2021

Romania's general consolidated budget posted a deficit of RON3.69 billion in January, or 0.33% of the gross domestic product, finance ministry data showed Wednesday. more

2 mar 2021

Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of 7.16% of the gross domestic product and frozen wages in more

2 mar 2021

Romanian software developer Life is Hard (LIH.RO) reported a net profit of RON1.12 million for 2020, down 21.13% compared with 2019. more

2 mar 2021

Around 83% of Romanians are trying to set aside more money to adapt to pandemic-driven uncertainties, compared with a European average of 66.5%, a recent global survey by ING found. more

2 mar 2021

Romania's competition authority said Tuesday it was analyzing the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania. more

1 mar 2021

Romania's foreign exchange reserves fell to EUR35.139 billion at the end of February from EUR37.454 billion at the end of January, central bank data showed Monday. more

1 mar 2021

Revolut, the financial app with over 15 million users worldwide, has been granted a banking license in Romania, which means customer deposits of up to EUR100,000 are now guaranteed under the European more

1 mar 2021

US-held Bucharest Properties REIT, a real estate developer specializing in rental apartments in Bucharest, has completed the second stage of the Vitan Estates residential project, following an more

1 mar 2021

Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, reported RON108.6 million consolidated revenues in 2020 and an operating profit of RON4.3 million, more

1 mar 2021

Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), reported a net profit of RON2.8 million for 2020, down 48% compared with 2019. more

1 mar 2021

Holde Agri Invest (HAI.RO), a Romanian company operating farmland, on Monday reported consolidated revenue of RON46.8 million and a net profit of RON5.3 million for 2020. more

1 mar 2021

The Romanian e-commerce market reached approximately EUR7 billion in 2020, 36% higher compared with 2019, data from online payment processor PayU showed Monday. more

26 feb 2021

Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Friday reported a net profit of RON328.9 million for 2020, compared with a loss of RON44.5 million more

26 feb 2021

Telekom Romania Group on Friday reported consolidated revenue of EUR951 million in 2020, down 3% compared with 2019, while its EBITDA adjusted to IFRS16 grew 6.6%, to EUR150.7 million, marking a more

26 feb 2021

Romania's finance ministry is listing three Fidelis bond issues for the general population on the Bucharest Stock Exchange in a primary offer running between March 1 and March 19. more

26 feb 2021

Erste's Banca Comerciala Romana (BCR), the second largest lender in Romania by assets, on Friday reported a net profit of RON814.1 million (EUR168.3 million) for 2020, 27% higher than in 2019, driven more

26 feb 2021

MedLife Group (M.RO), the leader of the private medical services market in Romania, on Friday reported a net profit of RON62 million for 2020, up 246% compared with 2019. more