26 oct 2020

Romania's finance ministry on Monday raised 415.5 million lei (EUR85.2 million), versus its RON300 million target, selling bonds maturing in October 2030 at an average yield of 3.56%, central bank more

26 oct 2020

Most companies are still looking at how they will operate after the pandemic ends, but it is increasingly clear that they will seek hybrid solutions tailored to each organization and the office space more

26 oct 2020

Blue Air, the biggest private Romanian airline, announced Monday it has received the first tranche of its state-guaranteed EUR300.7 million loan and was preparing for a complicated winter and expects more

26 oct 2020

Delivery firm Urgent Cargus, the second largest in Romania, said it plans to hire 1,000 people by the end of the year for delivery and sorting jobs, of which over 700 in Bucharest, Brasov, Timisoara, more

23 oct 2020

Nearly three quarters of investors active on the Romanian land market have closed transactions in 2020 or expect to do so by the end of the year despite sluggish economic recovery and the ongoing more

23 oct 2020

With 38% annual growth, Romania was the top importer of laptops in the EU in the first half of 2020 as imports of laptops hit an all-tie high in the EU in April, Eurostat data showed Friday. more

23 oct 2020

The assets managed by private pension funds (Pillar II and Pillar III) reached RON72.58 billion (EUR14.8 billion) at the end of September, up 17.96% compared with September 2019, data from Romania's more

23 oct 2020

Private lending in Romania grew 1.1% in nominal terms and 1.2% in real terms in September compared with August, to RON277.5 billion, central bank data showed Friday. more

23 oct 2020

Czech energy group CEZ announced Friday it has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (MIRA). more

22 oct 2020

The European Investment Bank (EIB) said Thursday it was granting EUR190 million support to Romanian companies in manufacturing, commerce, agriculture and tourism, sectors that were hardest hit by the more

22 oct 2020

Polish private equity fund Innova Capital confirmed on Thursday it has agreed to buy PayPoint Romania and the acquisition will support further development of payment services on the local market. more

22 oct 2020

Agroland, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has taken over egg and chicken producer Avicola Mihailesti consisting of six farms more

21 oct 2020

Romanian airline Blue Air on Wednesday announced it will introduce 13 new routes from the Cluj international airport to European destinations starting March 2021. more

21 oct 2020

Employees in Cluj are the best paid in Romania in 2020 for the second year in a row, earning 10% above the overall market, followed by employees in Bucharest (+4%) and Ploiesti (+1%), the Mercer – more

20 oct 2020

The property investment market in Romania exceeded EUR738 million in the first nine months of 2002, 31% higher compared with the same period in 2019, and office transactions accounted for nearly 93% more

20 oct 2020

Rio Bucovina, soft drinks and snacks wholesaler, part of Polish group Maspex, has expanded its warehousing space in the biggest logistics park in southeast Romania, Constanta Business Park, developed more

20 oct 2020

Transport and logistics operator Maracana has rented 4,100 square meters of logistic space in Ploiesti and Constanta besides spaces in Timisoara and Cluj. more

20 oct 2020

Electronics retailer Altex will open a 1,600 sqm store in the AFI Brasov shopping center which officially opens Wednesday, October 21. more

19 oct 2020

Regional investment fund SIF Transilvania (SIF3.RO) will seek shareholder approval on December 4 for a share buyback program of maximum RON4.8 million (EUR1 million) to reward members of management more

19 oct 2020

Apiary Book, the most utilized app for beekeeping worldwide, founded by Bogdan Iordache in 2015, seeks to get EUR150,000 via equity funding on the SeedBlink platform. more

19 oct 2020

Dental clinic chain Dr. Leahu, the second largest player on the local dental services market, has attracted an investment from Morphosis Capital Fund I Cooperatief, which acquired a minority stake. more

19 oct 2020

Carmakers Dacia and Ford produced nearly 58,000 vehicles in September, 56% more than in September 2019, the biggest monthly output ever achieved in Romania. more

16 oct 2020

Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has won a tender held by the European Commission to supply necessary stock for the second wave of the Covid pandemic. more

16 oct 2020

Renault Group will produce the new Dacia Spring Electric in China, Dacia confirmed Thursday. more

15 oct 2020

Dacia is now writing a new chapter in its history with the unveiling of its first all-electric model, Renault Group said Thursday with the presentation of the Dacia Spring Electric show-car. more