14 iun 2021

Romania's current account balance posted a deficit of EUR4.71 billion in the first four months of 2021, compared with a deficit of EUR2.274 billion in the same period in 2020, central bank data showed more

14 iun 2021

BlackPeak Capital, a private equity firm focused on investing growth equity in Southeast Europe, successfully completed first closing at EUR68.5 million of its target EUR120 million BlackPeak more

14 iun 2021

Metaminds, an integrator of cybersecurity solutions and complex IT solutions, had a turnover of RON156 million in 2020, up 23% on the year, while its net profit grew 20%, to RON8.9 million, finance more

14 iun 2021

Romanian startup LifeBox, founded by Radu Balaceanu, Florin Scarlat, and Lukasz Kuzniar, is expanding outside Romania and enters the healthy food delivery in Hungary under the brand FrissBox. more

14 iun 2021

Pork producers expect prices will grow 25% this year compared with 2020 as African swine fever dwindles local production boosting imports, and the cost of animal feed recorded double-digit growth. more

11 iun 2021

Paval Holding, the financial investment vehicle of brothers Adrian and Dragos Paval – who own DYI retail chain Dedeman, has acquired 5.3% in river freight transporter Transport Trade Services (TTS) more

11 iun 2021

Rainwater and roofing systems manufacturer Raiko Transilvania (RKOT.RO) had a turnover of RON6 million in 2020, up 28% on the year, and a net profit of RON373,737, up 70% on the year, it said in its more

11 iun 2021

German automotive group Continental will be shutting down its ContiTech factory in Nadab, Arad county in western Romania, and will relocate production to Carei, Satu Mare in northern Romania. more

10 iun 2021

Evergent Investments (EVER.RO), formerly SIF Moldova, said Thursday it was starting paying dividends from last year's earnings on Friday, June 11. more

10 iun 2021

The turnover of the hospitality industry in Romania dropped 35% in 2020, to RON17.9 billion, due t pandemic restrictions, while the total losses of all companies in the industry tripled to RON2.3 more

10 iun 2021

Each euro invested in the medical subscription market generates an additional 3 euros in added value to the Romanian economy, a study by EY Romania concluded. more

10 iun 2021

Romania's finance ministry on Thursday raised a planned 600 million lei (EUR121.9 million) selling bonds maturing in January 2028 at an average yield of 3%, central bank data showed. more

10 iun 2021

Shares of Transport Trade Services (TTS), the biggest freight transporter on the Danube which closed an IPO last week, will start trading on the Bucharest Stock Exchange on June 14. more

10 iun 2021

Investors on the Bucharest Stock Exchange stepped up their trading activity in May and the average daily value of transactions with all types of financial instruments doubled compared with April. more

10 iun 2021

Biopharmaceutical company Bristol Myers Squibb Romania has signed a five-year lease extension for its 1,200 square meters of office space in Austrian office developer CA Immo's Europe House, located more

9 iun 2021

Bombardier Transportation Shared Services Romania, the local subsidiary of Canadian giant Bombardier acquired this year by France's Alstom, reported a turnover of RON85.7 million for 2020, down 6.5% more

9 iun 2021

Apemin Tusnad, one of the largest water bottlers in Romania, had a turnover of RON67 million in 2020, 6% higher than in 2019, while its profit grew 28%, to over RON14 million. more

9 iun 2021

Home appliances manufacturer Whirlpool expects its turnover in Romania to grow by at least 10% this year after experiencing a 15% decline in 2020. more

8 iun 2021

Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and more

8 iun 2021

Romania is the only major market operated by Italian utility giant Enel where electrical bills grew in 2020, the company showed in its integrated annual report citing Eurostat data. more

8 iun 2021

Dent Estet, MedLife group's dental services operator, has raised its stake in the DE 4 KIDS clinic in Timisoara to 100% from 52%. more

7 iun 2021

Private medical services provider MedLife announced Monday it has bought the remaining 10% in the Panduri Medical Center in Bucharest and now owns it fully. more

7 iun 2021

Romania's finance ministry on Monday raised 334.2 million lei (EUR67.8 million), from a planned RON300 million, selling treasury bills maturing in January 2022 at an average yield of 1.72%, central more

7 iun 2021

Romania's finance ministry on Monday raised 660.4 million lei (EUR134 million), slightly more than planned, selling bonds maturing in October 2030 at an average yield of 3.27%, central bank data more

7 iun 2021

Italian chocolate producer and confectionery company Ferrero is extending its office space rented in the Globalworth Tower building in Bucharest starting September. more