25 ian 2021

An initial public offering of a minority stake in Romanian state-owned hydropower producer Hidroelectrica could take place towards the end of 2021 in the best case scenario, company CEO Bogdan Badea more

25 ian 2021

Vodafone announced Monday an investment of €20 million by the Vodafone Foundation to expand digital skills and education programs by funding local initiatives in Albania, Czech Republic, Germany, more

25 ian 2021

Cluj-based importer and distributor of electronic products and accessories Vitacom Electronics registered a turnover of RON50 million in 2020 Vitacom Electronics, a quarter of which from online sales, more

25 ian 2021

French retail group Carrefour, the second largest player on the Romanian market by turnover, has appointed Alina Gamauf as human resources manager. more

25 ian 2021

Alina Marulis, a Bucharest entrepreneur with 16 years of construction experience, is investing EUR10 million in a boutique project consisting of 12 villas located in the Baneasa forest area in more

25 ian 2021

Pillar II private pension funds generated an average yield of 6.2% in 2020, triple compared with the 2.06% inflation rate, despite the effects of the pandemic, stock declines in spring and uncertain more

25 ian 2021

Romania had the lowest government support package to fight the effects of the coronavirus pandemic in Central and Eastern Europe, of just 4% of GDP, a report by ratings agency Moody’s showed. more

22 ian 2021

Danish pharmaceutical group Novo Nordisk, the leading insulin and diabetes medications globally, has appointed Cristina Popescu as its new corporate affairs director for Romania starting January 2021. more

22 ian 2021

Brasov-based real estate developer Qualis Properties has raised RON10.2 million in a private placement of bonds maturing in 2024 and an annual interest of 9%, brokered by BRK Financial Group (BRK). more

21 ian 2021

Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, announced Thursday that board member Stefan-Alexandru Toderita, exceeded the 10% holding threshold in the company on more

21 ian 2021

The total value traded on the Bucharest Stock Exchange and its multilateral trading system reached RON12.69 billion in January-September 2020, up 56.27% on the year, despite risks and a deteriorated more

21 ian 2021

Romania's finance ministry on Thursday raised 1.5 billion lei (EUR307.7 million) selling bonds maturing in June 2026 at an average yield of 2.38%, central bank data showed. more

20 ian 2021

TeraPlast Bistrita (TRP.RO), construction materials producer owned by businessman Dorel Goia, announced Wednesday it has appointed Lucian Anghel as interim non-executive director. more

20 ian 2021

Romania's economy is expected to recover to pre-pandemic levels around mid-2022, with 3.7% economic growth in 2021 and 5% growth in 2022 after an estimated contraction of 5.5% in 2020, UniCredit Bank more

20 ian 2021

Restart Energy, a local independent supplier of electricity and natural gas founded in 2015 in Timisoara, is preparing a corporate bond issue of EUR3-5 million on the Bucharest Stock Exchange to more

19 ian 2021

Dendrio Solutions, owned by Bittnet Systems (simbol bursier BNET.RO), has signed a RON22.8 million framework agreement with the Ministry of Defense for the provision of IT&C equipment. more

19 ian 2021

Starting February 1, Cecilia Tudor becomes managing director for the Renault Brand for South Eastern Europe, following the organization of Groupe Renault around its brands, grouped in four business more

19 ian 2021

Business interruption, pandemic outbreak and cyber incidents are the top three business risks globally for 2021, all strongly interlinked, according to the latest Allianz Risk Barometer survey. more

19 ian 2021

Working from home will become a common practice within many companies even after the Covid-19 pandemic, tourism will become more local and more frequent, investment deals are expected to dip and 2021 more

19 ian 2021

Developers of industrial and logistics spaces delivered new projects totaling 600,000 square meters in 2020, sticking to their announced investment plans despite COVID-19 crisis. more

18 ian 2021

Romania's finance ministry on Monday raised 801.7 million lei (EUR164.5 million), versus its RON500 million target, selling bonds maturing in September 2031 at an average yield of 3.09%, central bank more

18 ian 2021

Romanian competition authorities are looking into Polish investment fund Innova Capital's acquisition of the local operations of UK's PayPoint in a EUR50 million deal. more

15 ian 2021

Real estate developer Impact Developer & Contractor will invest EUR690,000 to build a kindergarten in the Boreal Plus residential project it is developing in northern Constanta. more

15 ian 2021

Food ordering and delivery platform foodpanda is launching pandamart, its own retail concept where users can order groceries and other essential items with 30-minute delivery. more

14 ian 2021

Real estate investors in Europe are increasingly targeting large cities and assets minimally disrupted by the health crisis which ensure stable incomes, such as logistics and residential, according to more