4 iun 2021

Transport Trade Services (TTS), the biggest freight transporter on the Danube, has raised RON324 million in the first stage of its initial public offering, which targeted retail investors and closed more

4 iun 2021

Farmexim-Help Net group, part of German Phoenix Group since 2018, ended 2020 with a turnover of EUR734.2 million, 12% higher compared with 2019. more

4 iun 2021

Recommerce Group, a major European player in the refurbished smartphones market, with operations in 24 countries, is acquiring fenix.eco, a Romanian startup founded 14 months ago. more

4 iun 2021

Retail sales in Romania, excluding vehicle sales, grew 5% on the month in April and by 1.2% when adjusted for seasonality and number of working days, data from the country’s statistics institute more

3 iun 2021

The Foreign Investors Council (FIC), which includes over 120 multinational companies, thinks Romania currently has both the potential and the chance to implement key reforms for a strong and more

3 iun 2021

Romanian developer Iulius Group estimates it will invest around EUR35 million in infrastructure and urban mobility works that will serve its Palas Campus project in Iasi, northeastern Romania. more

3 iun 2021

Spanish-owned Pons Ro Prodcom, which produces floor detergents, will invest EUR5 million in a new headquarters, which includes production and storage facilities, in Branesti, Ilfov county. more

3 iun 2021

Austrian-held construction group Strabag posted a turnover of RON870 million in Romania in 2020, 12% higher compared with 2019, finance ministry data showed. more

3 iun 2021

Demand for consultancy services related to project monitoring activities and conducting technical due diligence and commissioning reports has increased as financing banks, investors and real estate more

3 iun 2021

Investments on the Romanian property market dropped 50% on the year in the first quarter of 2021, to EUR73.5 million, with varying demand across market sectors. more

28 mai 2021

Romaqua Group, the largest local producer on the Romanian mineral water and beer market, had sales of RON841.5 million in 2020, just 0.3% lower on the year, despite the pandemic. more

28 mai 2021

Romanian state-owned hydropower producer Hidroelectrica plans to invest massively in green energy in the next years, seeking to add 300 MW off-shore wind capabilities and 300 MW on-shore wind more

28 mai 2021

Optical Investment Group, owned by investment fund Innova Capital, has completed the merger with Optiplaza and Optical Network, acquired in 2019. more

28 mai 2021

Liberty Steel Group has appointed Aida Nechifor as the general manager of its Liberty Galati plant in Romania, the company announced Friday. more

27 mai 2021

Paval Holding, the financial investment vehicle of brothers Adrian and Dragos Paval – who own DYI retail chain Dedeman, reported a net profit of RON3.3 billion in 2020, according to Confidas.ro more

27 mai 2021

Romania's general consolidated budget posted a deficit of RON20.7 billion in January-April, or 1.81% of the gross domestic product, lower compared with RON26.8 billion, or 2.54% of GDP, in the same more

27 mai 2021

Delta Healthcare, the company that operates the Ponderas private hospital in Bucharest, part of the Regina Maria medical services network, had a turnover of RON184 million in 2020, up 6% on the year, more

27 mai 2021

Scandinavian furniture and home décor retailer JYSK has opened a new store in Bacau, eastern Romania, its second in the city and 99th in Romania. more

27 mai 2021

French DIY retailer Leroy Merlin is planning to renovate and modernize its store in the Colosseum shopping center in Bucharest, the first store it opened in Romania ten year ago. more

27 mai 2021

The European Commission has approved an investment of EUR216 million from the Cohesion Fund to modernize the thermal energy transmission system of Bucharest, the capital of Romania. more

27 mai 2021

Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in October 2027, central bank data showed. more

27 mai 2021

The Kazakh-Romanian Energy Investment Fund has launched the construction of a cogeneration plant on the Petromidia platform, an investment amounting to around $148 million, it said in a press release more

27 mai 2021

SeedBlink, a local crowdfunding platform for Romanian IT start-ups, has raised EUR3 million in a Series A financing round on its own platform, of which EUR1.1 million raised from crowd-investing, more

27 mai 2021

Online sales of fish and seafood brand Alfredo Seafood, owned by Cristian Darmanescu, totaled EUR100,000 in 2020, boosted by a two-month lockdown period and travel restrictions. more

27 mai 2021

Raiffeisen Bank's first green bond issue, and the first green bonds in the Romanian banking sector, started trading on the Bucharest Stock Exchange Thursday. more