14 ian 2021

Bucharest general mayor Nicusor Dan said Thursday the city hall intends to acquire state-owned thermal power producer Electrocentrale Bucuresti (ELCEN), which is the capital city's heat supplier. more

14 ian 2021

As part of Groupe Renault’s Renaulution strategy, Dacia unveiled Thursday its 5-year plan and presented the Bigster Concept, a 4.6 meters SUV. more

14 ian 2021

ThoughtWorks, a global software consultancy company based in the US, announced Thursday it has acquired Gemini Solutions, a software development and consulting services firm whose development center more

14 ian 2021

Romania's annual inflation rate stood at 2.1% in December 2020, the same as in November, and in line with the central bank's forecast, data from the country's statistics board showed Thursday. more

13 ian 2021

Romania's current account balance posted a deficit of EUR9.763 billion in January-November, compared with a deficit of EUR9.655 billion in the same period in 2019, central bank data showed Wednesday. more

13 ian 2021

Real estate developer Iulius Group is developing a new retail concept, Family Market, and will invest EUR16 million for two such projects in the city of Iasi and Miroslava, a neighboring township. more

13 ian 2021

Romania's finance ministry has drafted an emergency decree extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired at the more

13 ian 2021

Valentin Tataru has been appointed chief-economist of ING Bank Romania, the bank announced Wednesday. more

13 ian 2021

The European Commission approved on January 12 the sale of TeraSteel and Wetterbest to Kingspan Group, TeraPlast Group announced Wednesday. more

13 ian 2021

Gothaer Adds Household Goods Insurance to Its Travel InsuranceGothaer Asigurari Reasigurari, the local subsidiary of the German insurance group Gothaer, announced it was adding a household goods more

13 ian 2021

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as managing director for Romania starting March 1, 2021. more

13 ian 2021

The foreign exchange market in Romania was animated in 2020 and registered an average daily transaction volume of EUR1.47 billion, 10.2% lower than in 2019, central bank data showed. more

13 ian 2021

Romanian nuclear power plant operator Nuclearelectrica will shut down nuclear reactor 1 at the power plant in Cernavoda on Friday to Saturday night ( January 15-16, 2021) for repairs. more

13 ian 2021

Romania will postpone yet again setting a calendar for euro adoption as the country doesn't meet convergence criteria and faces heightened macroeconomic imbalances due to the pandemic, the finance more

13 ian 2021

The average net salary in Romania grew 2% in nominal terms and 1.9% in real terms in November 2020 compared with October 2020, to 3,411 lei (around EUR700), data from the country's statistics board more

12 ian 2021

The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of 2020, with RON13 billion amassed in 2020 alone. more

12 ian 2021

Romania's biggest online retailer eMAG is expanding its Genius delivery service to Craiova, Ploiesti, Galati, Braila, Sibiu, Pitesti and Buzau, the retailer said Tuesday. more

12 ian 2021

December was the fourth consecutive month of growth in new vehicle registrations in Romania, although the market registered an overall contraction of 22.6% for the full year, data from the country's more

12 ian 2021

DRUID, a local startup specialized in developing chatbots, has attracted new financing totaling $2.5 million in a financing round led by investment fund GapMinder with $2.2 million. more

12 ian 2021

The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real estate consultancy company JLL Romania said in a report more

12 ian 2021

Retailer Profi, held by Mid Europa Partners, plans accelerated development in the next years, targeting over 2,000 stores by 2024. more

12 ian 2021

Four companies in Romania produce RON50 million worth of escargot, with 270 employees. more

12 ian 2021

Investment vehicle ROCA X has signed a deal investing EUR150,000 in local virtual mobile operator Benefito Mobile, which plans to launch a prepaid card for mobile telecom services which users can more

12 ian 2021

German manufacturer of automotive cable harnesses and electrical systems Kromberg & Schuber has leased 2,000 square meters of office space in the Vox Technology Park project in Timisoara. more

12 ian 2021

Romania's gross domestic product fell 5.7% on the year in both nominal and real terms in the third quarter, a second reading from the country's statistics board showed Tuesday. more