8 feb 2021

Romania's government targets a budget gap of 7%-7.1% of the gross domestic product in 2021, prime minister Florin Citu said Monday, adding the budget bill would be published in the upcoming days. more

8 feb 2021

Around 240,000 square meters of office spaces were transacted in Bucharest in 2020, a similar level to 2015, as most companies postponed decisions and 60% of the total were relocations, real estate more

8 feb 2021

International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said in a more

8 feb 2021

Romanian real estate developer Impact (IMP.RO) said Monday it has signed two mortgage loan agreements with lender First Bank, consisting of EUR5.92 million for properties and RON4.5 million for VAT more

5 feb 2021

The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding CE Oltenia are in line with EU rules on state aid to more

5 feb 2021

Romania's finance ministry launches three new bond issues for the general population Monday, February 8, which can be subscribed by February 24. more

5 feb 2021

Romania's telecom regulator ANCOM plans to hold a 5G license tender in the third quarter of 2021, after postponing it repeatedly since 2019. more

4 feb 2021

Real estate developer Impact (IMP.RO), owned by businessman Gheorghe Iaciu, said Thursday it has appointed Constantin (Tinu) Sebesanu to the position of development director. more

4 feb 2021

Deliveries of modern retail space this year will amount to about 60,000 square meters, a decrease of about 50% compared with 2020, real estate consultancy company Cushman & Wakefield Echinox said more

4 feb 2021

Romania's finance ministry on Thursday raised 716.5 million lei (EUR147 million), versus its RON600 million target, selling one-year treasury bills at an average yield of 1.67%, central bank data more

4 feb 2021

Romania's finance ministry on Thursday raised 1.415 billion lei (EUR290.3 million), versus its RON500 million target, selling bonds maturing in October 2027 at an average yield of 2.39%, central bank more

4 feb 2021

Romanians are the most determined and quickest Europeans when it comes to choosing a home to buy, with three out of five saying they found their home in three months at most, a survey conducted by ING more

4 feb 2021

Agroland Business System, the most extensive farming store chain in Romania, has opened its first MEGA store this year, out of eight planned, in a EUR500,000 greenfield investment excluding inventory. more

4 feb 2021

The European Central Bank and the National Bank of Romania have agreed to extend until March 2022 a framework arrangement to provide liquidity in euros to the Romanian central bank via a repo line of more

3 feb 2021

The number of real estate deals in Romania stood at 48,736 in January, 28,619 fewer than in December 2020, data from the national cadaster agency ANCPI showed Wednesday. more

3 feb 2021

Spanish real estate developer Gran Via Real Estate has bought a land plot near the Plumbuita Park in Bucharest, where it plans to build a residential project consisting of 90 apartments. more

3 feb 2021

Telecom operator Vodafone Romania on Wednesday reported total services revenue of EUR193 million for the fourth quarter of 2020, down 2.1% compared with the same period the year before. more

3 feb 2021

Romanian alumina producer Alum Tulcea (BBGA.RO), owned by Alro Slatina, has completed an investment of $3.67 million that modernizes and increases the performance and filtration capacity of its more

3 feb 2021

Romanian banks may register an estimated drop in revenues of around RON58 billion by 2025, compared with revenues expected had the pandemic never happened, due to risk costs and decreased volumes, more

2 feb 2021

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Tuesday published its dividend policy in view of shareholders' approval on January 28 and seeks to distribute 85% of its net profit as more

2 feb 2021

Cargo transporter International Alexander Holding (IAH), founded in 2003 by Simion Apreutese and based in Arad, received antitrust clearance Tuesday to acquire Vio Transgrup based in Dambovita county more

2 feb 2021

Danish group Premium Porc, the second largest pork producer in Romania with ten local farms, seeks to buy five pig farms from Danbred, a group of firms with Romanian and Danish shareholders. more

1 feb 2021

New vehicle registrations in Romania, including passenger cars and commercial vehicles, stood at 7,625 units in January, down 46.8% compared with January 2020, the Automotive Manufacturers and more

1 feb 2021

Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEAG. more

1 feb 2021

Romanian chemical fertilizer producer Azomures, owned by Ameropa, has started an energy efficiency investment supported by a EUR601,000 grant from Iceland, Liechtenstein and Norway, through EEA GRANT more