6 nov 2020

Romania's finance ministry returns to the capital market with three new issues of government bonds for retail investors, following the success of the public sale offer (IPO) conducted in August. more

6 nov 2020

Comcereal Tulcea (CTUL.RO), which stores and sells agricultural products, on Friday reported a turnover of RON29.6 million for the first nine months of 2020, down 42% on the year, and its loss more

5 nov 2020

Romania's transport ministry and subway company Metrorex have signed a financing contract for a 14.2 kilometer subway line linking the existing underground network to Bucharest's international more

5 nov 2020

Construction material producer TeraPlast Group (TRP.RO) has requested state aid of around EUR5.8 million for a project totaling nearly EUR12 million within a state aid scheme aiming to stimulate more

5 nov 2020

Retail sales in Romania grew 0.4% on the month in September and 1.7% when adjusted for seasonality and number of working days, as sales of non-food items grew 5.3%, fuel sales dropped 3.1% and food more

5 nov 2020

BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, on Thursday reported a net profit of RON719 million, for the first nine months of 202, down 43% on the year. more

4 nov 2020

German-held discount grocery retailer Lidl is opening a new store in Alba Iulia, central Romania, reaching 280 stores on the local market. more

4 nov 2020

Romanian coffee shop chain 5 to go, founded in 2015 by two local entrepreneurs, has continued expanding despite the difficult pandemic context and opened 85 units this year out of 100 planned. more

4 nov 2020

Prices for new Dacia models start from EUR8,400 including VAT for the new Logan, EUR8,600 for the new Sandero, and EUR12,050 for the new Sandero Stepway, the carmaker announced Wednesday. more

4 nov 2020

Electronics retailer Altex opens a 1,500 sqm store in Lugoj, western Romania, on November 5, following an investment of EUR5 million. more

3 nov 2020

Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consultancy more

3 nov 2020

Agroserv Mariuţa SA, whcgh owns the dairy brand Laptaria cu Caimac, has successfully closed a private placement raising EUR3 million in a bond issue maturing in 2025 with 5.25% interest, broker BT more

3 nov 2020

New car registrations in Romania grew 17.6% in October compared with October 2019, to 12,523 units, data from the association of automotive manufacturers in Romania (ACAROM) showed Tuesday. more

2 nov 2020

Romania's foreign exchange reserves grew to EUR33.795 billion at the end of October from EUR32.588 billion at the end of September, central bank data showed Monday. more

2 nov 2020

Erste, the Austrian financial group that owns Romanian BCR, had a net profit of EUR637 million in the first nine months of 2020, half compared with the same period last year, while BCR posted a net more

2 nov 2020

Romanian aircraft parts maker Romaero (RORX.RO), of strategic importance for the Romanian aerospace and defense industries, has received tax authority approval for its restructuring plan that more

2 nov 2020

Around one third of Raiffeisen Bank units in Romania, 129 units, will eliminate cash operations starting November, relying on ATMs, multi-functional machines and alternative channels, the bank said more

2 nov 2020

Broker TradeVille on Friday closed early a private placement for bonds issued by iHunt Technology as the bonds were oversubscribed by 45%. more

2 nov 2020

Real estate developer One United Properties, owned by Victor Capitanu and Andrei Diaconescu, announced Monday a share capital increase to EUR70 million. more

2 nov 2020

Fitch Ratings has affirmed Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Negative Outlook, which reflects weakening public finance metrics due to pro-cyclical more

2 nov 2020

Romanian BCR, owned by Austria's Erste, on Monday reported a net profit attributable to the majority shareholder of RON845 million (EUR175 million) for the first nine months of 2020, 142% higher on more

30 oct 2020

Public Affairs Solutions will relocate its Bucharest headquarters in 2021 to the ONE Tower office building developed by One United Properties in the Floreasca area, after spending 13 years in its more

30 oct 2020

Most office tenants paid their due rent on time in the third quarter even though many companies worked in a hybrid system of work-from-home and work-from-office, Colliers International said Friday. more

30 oct 2020

Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday approved changing the company's name to Evergent Investment, a first on the local capital market. more

30 oct 2020

Companies had 73% more job applications for open positions in October compared with October 2019 and 5% more compared with September, data from online recruiting platform BestJobs showed Friday. more