23 dec 2020

Romanian hydropower producer Hidroelectrica has signed a deal with Germany energy group STEAG to acquire the Crucea wind farm in Constanta county, southeast Romania. more

23 dec 2020

Romania's finance ministry on Wednesday raised 984.5 million lei (EUR202 million), versus its RON700 million target, selling bonds maturing in October 2023 at an average yield of 2.54%, central bank more

22 dec 2020

Software services company Wipro Limited will take over the IT divisions of METRO group in Germany and METRO Systems Romania. more

22 dec 2020

Liberty Galati announced Tuesday it completed an investment of EUR13.5 million in the modernization of a hot stove for one of the steelworks’ blast furnaces. more

22 dec 2020

Real estate developer Impact Developer & Contractor (IMP.RO) announced Tuesday it has closed early its private placement of corporate bonds brokered by TradeVille. more

21 dec 2020

Dental clinic chain Dent Estet, the largest player on the local dental services market, part of MedLife Group, has acquired the majority stake in KronDent clinic in Brasov. more

21 dec 2020

Romania's economic recovery will be asymmetrical, as some sectors will grow and others will continue to struggle and over 60% of companies estimate will match their 2019 turnover in 2022, the 2020 more

21 dec 2020

Romania's finance ministry on Monday raised 979.4 million lei (EUR201.2 million) selling treasury bonds maturing in January 2028 at an average yield of 2.88%, central bank data showed. more

21 dec 2020

The European Bank for Reconstruction and Development (EBRD) and the International Cooperation and Development Fund (TaiwanICDF) are providing financing of up to EUR15 million to UniCredit Consumer more

18 dec 2020

Austrian Leier group announced its two Romanian brick manufacturing companies, Brikston Construction Solutions and Siceram, will merge as of January 1, 2021. more

17 dec 2020

Romania's finance ministry on Thursday raised 1.255 billion lei (EUR257.7 million), above its RON700 million target, selling bonds maturing in November 2024 at an average yield of 2.63%, central bank more

17 dec 2020

Hidroelectrica, Romania's biggest hydropower producer, will lower electricity prices for its existing household consumers from RON0.255/kWh to RON0.245/kWh in the first half of 2021. more

17 dec 2020

MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has signed the acquisition of 75% in pharmaceutical wholesaler Pharmachem Distributie SRL. more

17 dec 2020

New car registrations in the European Union fell 25.5% in the first 11 months of 2002, to 8.9 million units, and by 12% on the year in November, ACAROM data showed Thursday. more

17 dec 2020

ROCA Investments has acquired 20% of dairy company Artesana, owned by Alina and Daniel Donici, to support the company's development and a EUR4.6 million investment in a second factory in Tecuci. more

16 dec 2020

RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, more

16 dec 2020

Romania's leading electronics retailer Altex announced the opening of a new store in Bucharest following an investment of EUR1 million. more

15 dec 2020

Real estate consulting company Cushman & Wakefield Echinox advised online retailer eMAG on the DEKRA Trusted Facility audit and certification process, which confirms Covid-19 safety measures taken at more

15 dec 2020

Romanian nuclear power producer Nuclearelectrica (SNN.RO) has signed a RON242.5 million bilateral contract to provide electricity to Slovenia's GEN-I throughout 2021. more

15 dec 2020

The residential sector remains one of the most attractive investments on the Romanian real estate market, with yields above other countries in the region, attracting local and institutional investors more

15 dec 2020

Lender Patria Bank (PBK.RO), 83.2% owned by investment fund EEAF Financial Services Amsterdam, listed corporate bonds totaling EUR8.19 million on the Bucharest Stock Exchange Tuesday, under the symbol more

15 dec 2020

Romanian Banca Comerciala Feroviara is changing its name top Techventures Bank following changes in its shareholding structure. more

14 dec 2020

Romania's finance ministry on Monday raised 500.5 million lei (EUR102.7 million), versus a RON400 million target, selling bonds maturing in September 2031 at an average yield of 3.40%, central bank more

14 dec 2020

Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday. more

14 dec 2020

The number of real estate deals in Romania stood at 60,183 in November 2020, 23,492 fewer than in October, data from the national cadaster agency ANCPI showed Monday. more