22 feb 2021

Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, plans to invest nearly RON1 billion by 2023, in upgrading local networks, of which RON7.7 million more

22 feb 2021

Romania manufactured 38,431 passenger cars in January, 10.7% fewer compared with January 2020, data from the country's carmakers association ACAROM showed Monday. more

22 feb 2021

Austrian furniture and home decor retailer XXXLutz has leased 6,000 square meters of storage in the logistical park developed by WDP in Dragomiresti, northwest of Bucharest. more

22 feb 2021

Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Monday it has terminated the legacy contract for gas transmission through the T3 transit pipeline on the territory of more

22 feb 2021

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) on Monday reported a net profit of RON2.7 million for 2020, up 3% on the year. more

22 feb 2021

Organic fertilizer producer Norofert Group (NRF.RO), plans to acquire a 1,000-hectare farm in Zimnicea, Teleorman county, for RON9.5 million, the company said Monday. more

22 feb 2021

Shares of Bittnet Systems (BNET.RO), a local integrator of IT&C solutions, will be included in the FTSE Global Micro Cap and FTSE Total-Cap indices as of March 22, following the latest semi-annual more

19 feb 2021

Romanian state-owned airline Tarom estimates it will reduce its staff spending by an average of EUR8 million a year n the next six months, as it plans to slash 700 jobs out of 1,500 by the end of more

19 feb 2021

Canada's Laurentis Energy Partners was awarded a EUR3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support refurbishment at Romania’s nuclear station in more

19 feb 2021

Romania hopes to join the euro area waiting room in 2024-2025 and adopt the single European currency 2027–2028, prime minister Florin Citu said in a televised interview Thursday evening. more

18 feb 2021

iFactor, an online platform helping SMEs sell their individual outstanding invoices for immediate cash, will receive a round of financing from investment vehicle ROCA X and becomes the first Romanian more

18 feb 2021

Romania's finance ministry on Thursday raised 430 million lei (EUR88.2 million) selling bonds maturing in October 2034 at an average yield of 3.75%, central bank data showed. more

18 feb 2021

Josephine Payne will take over as president of Ford Romania and general manager of the Ford Craiova plant starting April 1 and will be the first woman to run the factory's operations in Romania, the more

18 feb 2021

Real estate consultancy company CBRE has recruited Mihai Patrulescu to lead the Investment Properties department of CBRE Romania, working closely with teams in Central and Eastern Europe. more

18 feb 2021

The Romanian logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which neared the 1 million square meters mark, and deliveries of new spaces, which reached a more

18 feb 2021

Romanian state-owned lender CEC Bank has granted a RON60 million loan to Damen Shipyards Mangalia, one of the largest shipbuilders in Europe, operated by Dutch Damen Shipyards Group, to fund current more

18 feb 2021

Telecom operator Orange Romania on Thursday reported a turnover of EUR1.076 billion for 2020, down 3% compared with 2019, while customer numbers grew 1%, to 10.72 million. more

18 feb 2021

Real estate consultancy company JLL Romania has recruited Ciprian Sirbu, former logistics manager at Vivre, to manage its Supply Chain Services business line, expanding its services on an increasingly more

17 feb 2021

Prima Development Group, a real estate developer based in Oradea, plans to finish the construction of 640 apartments in Bucharest and Oradea and expand its presence in Bucharest with three new more

17 feb 2021

The year 2021 had a very dynamic start in terms of staff recruitment, with increased demand for staffing in retail, tech, pharmaceuticals, logistics and transport, said Florin Godean, country manager more

17 feb 2021

Romanians bought RON261.9 million (EUR54.1 million) worth of dermo-cosmetics at retail prices in 2020, down 2.7% compared with 2019, a market report by Cegedim Customer showed Wednesday. more

17 feb 2021

Private healthcare operator Gral Medical, the fifth largest on its market by turnover, has acquired the Labordiagostica medical laboratory in Timisoara, marking its first acquisition in western more

17 feb 2021

Around one third of real estate specialists expect prices of houses and lands to grow by up to 10% in 2021, while prices for retail and office spaces are expected to decline, according to an analysis more

16 feb 2021

Shares of Romanian construction materials producer TeraPlast (TRP.RO) grew 6.25% on the day on the Bucharest Stock Exchange Tuesday, to RON0.578 per share, and the company's capitalization thus more

16 feb 2021

Grampet Group, the largest private rail freight and logistics operator in Romania and Central and South Eastern Europe, owned by Gruia Stoica, has bought the land hosting its Debreceni Vagongyár more