26 nov 2020

Romania's finance ministry on Thursday rejected all bids at a tender where it targeted raising EUR500 million selling April 2025 euro-denominated bonds on the local market, central bank data showed. more

26 nov 2020

Romania's general consolidated budget posted a deficit of RON74.04 billion, or 7.05% of the gross domestic product, in the first ten months of 2020, finance ministry data showed Thursday. more

26 nov 2020

2Performant, a Romanian technology company specialized in e-commerce and digital marketing, expects to start trading its shares under the ticker symbol 2P on the alternative trading system AeRO of the more

26 nov 2020

Delivery firm Urgent Cargus, the second largest in Romania, has inaugurated a second warehouse near Bucharest in a EUR7.4 million investment that doubles its sorting capacity in Bucharest. more

26 nov 2020

Electronics retailer Altex continues its expansion strategy across Romania, by opening a new store, in Calarasi, following an investment of EUR1 million. more

25 nov 2020

Romania's financial regulator has approved the registration in view of trading for bonds issued by Agroserv Mariuta SA, which owns the dairy brand Laptaria cu Caimac. more

25 nov 2020

Shareholders of organic fertilizer producer Norofert (NRF.RO) on Wednesday approved the company's stock option plan and a share capital hike by a cash contribution of RON220,000 and issuing new more

25 nov 2020

In Romania 46% of investors cancelled, decreased or paused investments, while 51% did no changes or increase in their investment plans, according to the EY Attractiveness Survey Romania, the first EY more

25 nov 2020

Romania will be receiving a first tranche of EUR3 billion from a European Union loan under the SURE support instrument, finance minister Florin Citu announced Wednesday. more

24 nov 2020

Romania's central bank monetary policy board decision of November 12 were unanimous and maintaining confidence in the domestic currency was key to monetary policy conduct in 2020, according to the more

24 nov 2020

German discount chain Lidl announced Tuesday it was extending employee benefits and will be doubling Christmas bonuses this year up to RON800 per employee, as well as new life insurance that includes more

24 nov 2020

Romania's Competition Council said Tuesday it was analyzing the deal whereby OLX Global BV intends to acquire Kiwi Finance SRL, the largest loan brokerage company on the Romanian market. more

24 nov 2020

Private lending in Romania grew 0.6% in nominal terms and 0.4% in real terms in October compared with September, to RON279.172 billion, central bank data showed Tuesday. more

23 nov 2020

The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million) Romanian aid scheme to compensate Romanian regional airport operators more

23 nov 2020

Romania's finance ministry on Monday raised 461 million lei (EUR94.6 million), versus its RON300 million target, selling bonds maturing in September 2031 at an average yield of 3.42%, central bank more

23 nov 2020

Romanian state-owned lender CEC Bank reported a net profit of RON274.2 million for the first nine months of 2020, while its assets grew 14% since the beginning of the year, to RON37.5 billion. more

23 nov 2020

Italian cosmetics brand PUPA Milano is opening three new stores in the AFI Palace Cotroceni shopping center in Bucharest, AFI Palace Ploiesti and AFI Palace Brasov, following a lease agreement more

20 nov 2020

DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the Impact Star category that recognizes companies that are inspired more

20 nov 2020

Expo Market Doraly, one of Romania’s biggest shopping parks specialized in home items and food products, located in the township of Afumati (Ilfov county), has completed and put into operation a new more

20 nov 2020

The International Monetary fund has appointed Jan Kees Martijn as the new mission chief for Romania, starting November 19, the representative office of the IMF said in a press release Friday. more

19 nov 2020

Romania's finance ministry on Thursday raised 537 million lei (EUR70.3 million), above the RON300 million level planned, selling bonds maturing in October 2030, at an average yield of 3.31%, central more

19 nov 2020

MedLife (M.RO), the leader of the private medical services market in Romania, announced Thursday it has fully acquired the Veridia Medical Center in Bucharest, known as Basarab Medical Center. more

19 nov 2020

Tei Group, which includes the Farmacia Tei network of pharmacies and Bebe Tei stores, leased a space of approximately 10,000 square meters in the Metav industrial park in northern Bucharest, to build more

19 nov 2020

Finnish investment fund KJK Balkan Holding has exited the shareholding structure of construction material producer Teraplast Bistrita (TRP.RO) after selling its last 1.4% remaining stake on November more

19 nov 2020

Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy for the period 2020-2030, launched for public debate. more