1 feb 2021

Serban Roman, vice-president of Enterprise Investors and country director for Romania, is leaving the investment fund after 13 years. more

1 feb 2021

Romania's finance ministry on Monday raised 1.022 billion lei (EUR209.7 million) selling bonds maturing in November 2024 at an average yield of 2.06%, central bank data showed. more

1 feb 2021

Romania's foreign exchange reserves grew to EUR37.454 billion at the end of January from EUR37.379 billion at the end of 2020, central bank data showed Monday. more

1 feb 2021

Elefant.ro, one of the largest online stores on the local market, operated by Elefant Online, had a turnover of RON235 million (EUR48.2 million) in 2020, up 35% on the year. more

29 ian 2021

Shares of Romanian cybersecurity company Safetech Innovations started trading on the AeRO market on The Bucharest Stock Exchange Friday under the ticker symbol SAFE. more

29 ian 2021

Shareholders of Rompetrol Well Services (PTR.RO) rejected a proposal by minority shareholder KJK Balkan on the distribution policy for the RON84.37 million profit raised in previous years and approved more

29 ian 2021

Romania's government raised RON995 million selling bonds to the general population in January 2021, the biggest monthly amount investors subscribed since the start of the program. more

29 ian 2021

German home appliances manufacturer Miele ended 2020 with 34% turnover growth in Romania, to over EUR13 million, as consumer behavior changed during the pandemic. more

29 ian 2021

Fiscal facilities and the closure of courts due to pandemic restrictions led to a 42% drop in high-impact companies that accessed insolvency, from 139 in 2019 to 80 in 2020), according to an analysis more

28 ian 2021

Romania was one of the busiest markets in Central and Eastern Europe in terms of banking sector mergers and acquisitions, with three transactions in 2020, according to the Deloitte CEE Banking M&A more

28 ian 2021

The pandemic brought a new trend in logistics as companies start to prefer smaller, local spaces to large, regional hubs, particularly in the retail/FMCG sector, Vlad Mustata, Associate Industrial more

28 ian 2021

Romania's government late Wednesday approved the norms extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired at the end more

28 ian 2021

Globalworth, the biggest office owner in Romania, has signed a leasing contract for Globalworth Square with global software service company Wipro, which will occupy 11,000 square meters. more

28 ian 2021

The property investment volume in Romania in 2020 is estimated at EUR900 million, 30% higher compared with 2019, real estate consultancy company JLL said in a report Thursday. more

28 ian 2021

Romania's general consolidated budget posted a deficit of RON101.92 billion in 2020, or 9.79% of the gross domestic product, finance ministry data showed. more

28 ian 2021

Romania's gross domestic product grew 4.1% in real terms in 2019 compared with 2018, semi-final data from the country's statistics board confirmed Thursday. more

27 ian 2021

The COVID-19 pandemic caused a lot of distress on the market, with transactions postponed and uncertainty rising, but there is increased optimism among stakeholders who expect further growth in M&A more

27 ian 2021

Superbet, the biggest sporting bets operator in Romania and a major regional player, will relocate its teams under the same roof in the One Cotroceni Park building, where it has leased 8,206 square more

27 ian 2021

Broker TradeVille on Tuesday closed early a private placement for bonds issued by iHunt Technology as the bonds were oversubscribed by 23%, the issuer said in a market report Wednesday. more

27 ian 2021

Logistics developer Element Industrial, owned by Ionut Dumitrescu and Muler Onofrei, is starting construction on a new logistics park - Eli Park 3 – of 72,000 square meters, in the Chitila-Buftea more

27 ian 2021

Private lending in Romania grew 0.5% in nominal terms and 0.1% in real terms in December compared with November, to RON282.37 billion, central bank data showed Wednesday. more

26 ian 2021

Adama Agricultural Solutions, a leading global manufacturer and distributor worldwide of crop-protection solutions, has appointed Gabriela Vila at the helm of operations in Romania and Republic of more

26 ian 2021

Most analysts polled by CFA Romania estimate the inflation rate will grow to an average rate of 2.64% in the next 12 months and see the leu depreciating to an average of 4.98 units to the euro. more

26 ian 2021

Accelerated investment in upskilling and reskilling of workers could add at least $6.5 trillion to global GDP and create 5.3 million new jobs by 2030, according to the “Upskilling for Shared more

26 ian 2021

Romania's financial supervisory authority has fined members of the management and supervisory boards of City Insurance, the biggest insurance company on the local market, a total of RON3.8 million. more