26 feb 2021

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, reported a net loss of RON2.3 million for 2020 (excluding the impact of IFRS 16 adoption), more

25 feb 2021

Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, on Thursday reported a net profit of RON856,514 for 2020, 131.4% higher compared with 2019. more

25 feb 2021

Grampet Group, the largest private rail freight and logistics operator in Romania and Central and South Eastern Europe, announced Thursday it has launched operations in Slovenia, expanding its freight more

25 feb 2021

Demand for office spaces in Bucharest will increase by 20-30% this year, as a significant part of the major tenants are actively evaluating options for space optimization, real estate consultancy more

25 feb 2021

Developers on the local property market have over one million square meters of modern industrial, office and retail stock in the pipeline for 2021, real estate consulting company JLL said in a market more

25 feb 2021

Romanian regional investment fund SIF Oltenia (SIF5.RO) on Thursday reported a net profit of RON52.2 million, down 57% on the year. more

25 feb 2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) on Thursday reported a preliminary turnover of RON4.07 billion for 2020, down 19% on the year, as sales of natural gas dropped 10% in volume more

25 feb 2021

Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, on Thursday reported a 16% drop in net profit in 2002, to RON25 million. more

25 feb 2021

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Thursday reported a net profit of RON58.9 million for 2020, virtually unchanged from 2019, while its turnover declined a slight 0.2%, to more

25 feb 2021

Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, on Thursday reported a net profit of RON684 million for 2020, up 27.8% on the year. more

24 feb 2021

Romania's public debt reached RON498.3 billion at the end of 2020, accounting for 47.7% of the gross domestics product, compared with 35.3% of GDP in 2019, finance ministry data showed Wednesday. more

24 feb 2021

Romania's nuclear power producer Nuclearelectrica, which operates the country's sole nuclear power plant, expects to start operating a third reactor in 2030–2031, the company's CEO said Wednesday. more

24 feb 2021

OMV Petrom, the largest energy company in South-Eastern Europe, has invested EUR1.5 million at the Petrobrazi refinery to streamline the lighting system of its ten industrial ramps where crude oil and more

24 feb 2021

Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, reported a turnover of RON20.2 million in 2020, up 31% on the year, and a net profit of more

24 feb 2021

The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a consolidated net profit of RON6.2 million for 2020, down 7% compared with 2019. more

23 feb 2021

The European Commission has approved an aid of EUR254 million from structural funds to support the upgrade of the central heating system of Romania's capital city Bucharest. more

23 feb 2021

Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, listed its second issue of corporate bonds on Bucharest Stock Exchange on Tuesday under the ELMAS23 ticker symbol. more

23 feb 2021

Austrian insurance group Uniqa, which owns general insurance company Uniqa Asigurari and life insurance company Uniqa Asigurari de Viata in Romania, reported a net profit of EUR3.2 million in 2020 more

23 feb 2021

The logistics and industrial sector was the most dynamic real estate segment in 2020, with 72% growth in demand and nearly 784,000 square meters leases, real estate consultancy company Colliers said more

23 feb 2021

Fondul Proprietatea (FP.RO) proposes a dividend of RON0.072 per share from profits left undistributed in 2016 and 2017, after reporting a RON102.9 million net loss for 2020. more

23 feb 2021

Romanian state-owned natural gas producer Romgaz is currently in talks to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, Romania's economy minister more

23 feb 2021

Private lending in Romania grew 0.4% in nominal terms but decreased 0.9% in real terms in January compared with December, to RON283.531 billion, central bank data showed Tuesday. more

23 feb 2021

Most analysts polled by CFA Romania (88%) estimate the leu at an average of 4.97 units to the euro over the next 12 months and see inflation at 2.58% over the same forecast horizon. more

23 feb 2021

Fondul Proprietatea (FP.RO) has sold its entire 7.1% stake in nuclear power producer Nuclearelectrica (SNN.RO) throughout 2020, one of its longest standing investments. more

23 feb 2021

Romanian state-owned hydropower producer Hidroelectrica ended 2020 with a net profit of RON1.45 billion, up 4.8% on the year, according to the annual report of minority shareholder Fondul Proprietatea more