23 iun 2021

Private lending in Romania grew 0.9% in nominal terms and 0.4% in real terms in May compared with April, to RON296.269 billion, central bank data showed Wednesday. more

22 iun 2021

Romanian real estate developer One United Properties (ONE.RO), currently running an IPO in view of capital market listing, has bought a 21,160 sqm plot of land in the proximity of Lake Tei in more

22 iun 2021

OMV Petrom, the largest energy company in South-Eastern Europe, announced Tuesday it has obtained a license to commercialize liquefied natural gas (LNG), thus diversifying its activities on the gas more

22 iun 2021

Romanian bathroom furniture maker Savini Due in Sebes, controlled by Italian businessman Piersante Savini, registered sales of RON131 million in 2020, 2% higher compared with 2019. more

18 iun 2021

Romanian gas producer Romgaz announced Friday it has secured a four-month exclusivity agreement with US ExxonMobil for negotiations over the acquisition of Exxon's stake in Neptun Deep offshore block more

18 iun 2021

Skanska's sale of buildings 6.2 and 6.3 within the Campus 6 office complex in Bucharest to Austrian real estate fund S Immo AG was completed in June 2021 upon the transfer of property rights, law firm more

18 iun 2021

Transport Trade Services (TTS.RO), Romania's biggest freight transporter on the Danube which went public last week, reported a net profit of RON15 million in the first quarter, up 37% on the year. more

18 iun 2021

Spanish on-demand delivery platform Glovo has acquired Delivery Hero’s operations in six European countries for EUR170 million, in a multi-jurisdictional assisted by law firm Wolf Theiss. more

17 iun 2021

ING Bank Romania has granted a RON20 million loan to construction materials producer and retailer Damila in Valcea, owned by entrepreneur Remus Daniel Nitu, for working capital and investments, the more

17 iun 2021

BRD, the third largest lender in Romania by assets, has started relocating part of its support departments and its BRD Finance divisions from two separate locations in Bucharest to the City Offices more

17 iun 2021

Smaller-sized retail parks located in tertiary cities are set to gain more ground over the next decade to the detriment of large shopping malls, an analysis by Colliers showed. more

17 iun 2021

Global cashless payment volumes are set to double from 2020 to 2025, to almost 1.9 trillion transactions, and to almost triple by 2030, due to the changes brought by the pandemic, according to an more

17 iun 2021

Meta Estate Trust, a new local real estate company founded by Eugen Voicu, owner of Certinvest, and Ionut Nicolescu, head of SVN Romania, seeks to raise RON20 million from investors on the Bucharest more

17 iun 2021

The initial public offering for shares of real estate developer One United Properties shares starts June 22 and runs until July 2, 2021, the company said Thursday after the country's financial more

16 iun 2021

Romania's competition authority said Wednesday it has authorized the acquisition by Sandoz AG of the sale activity of cephalosporine-based antibiotics from GlaxoSmithKline (GSK). more

16 iun 2021

Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), announced Wednesday that Burak Yildiran, a seasoned banker with more than 25 years of experience, has more

16 iun 2021

Bucharest has been the top FDI destination in Romania for more than a decade but investors are showing new interest for other regions, particularly the Western region of Romania, as well as more

16 iun 2021

TeraPlast group, Romania's largest local construction materials producer, owned by businessman Dorel Goia, is currently implementing investments of EUR32 million. more

16 iun 2021

Depanero, the main service and repair firm for electronics and appliances in Romania, part of eMAG group, is accelerating its digitization process using the low-code platform developed by Aurachain more

16 iun 2021

Getica 95, the biggest local energy supplier on the competitive energy market, has filed for insolvency at the local court in Buzau on June 15. more

15 iun 2021

Shares of agricultural company Agroland Agribusiness (AAB.RO) started trading Tuesday on the AeRO market of the Bucharest Stock Exchange, reaching a price of RON36/share by noon, 33.3% higher than the more

15 iun 2021

Verona Cojocaru, specialist with over 20 years of experience in financial audit, has been named Partner within EY Romania's Audit department starting July. more

15 iun 2021

Local startup easySales, which set up a B2B platform for automating and centralizing e-commerce activities, announced it has integrated merchant access to online furniture and home décor retailer more

15 iun 2021

Porsche's local engineering division will be opening a second office in Romania, in Timisoara, after the one established in 2016 in Cluj-Napoca. more

15 iun 2021

Romanian cybersecurity company SafeTech Innovations (SAFE.RO) seeks to raise RON8 million from stock market investors through a share capital increase. more