17 mai 2021

The Black Sea Trade and Development Bank (BSTDB ) said Monday it has granted a EUR20 million leasing facility to Garanti BBVA Leasing to help fund small and medium-sized enterprises in Romania. more

17 mai 2021

Over 40% of Romanian companies expect that deferrals and exemptions from tax obligations, technical unemployment benefits and subsidies granted by the state during the health crisis will lead to new more

17 mai 2021

Nine in ten employees want flexibility in where and when they work and given the choice, more than half of employee respondents (54%) would choose flexibility in when they work and 40% want more

17 mai 2021

OMV Petrom, the largest energy company in Southeastern Europe, said Monday its has closed the sale of its production assets in Kazakhstan to focus its regional expansion towards the Black Sea area. more

17 mai 2021

Car parts manufacturer Compa Sibiu (CMP.RO) on Monday reported a net profit of RON4.74 million for the first quarter of 2021, up 26% compared with the same period in 2020. more

17 mai 2021

Zentiva Romania (SCD.RO), one of the largest generics manufacturers in Romania, reported a turnover of RON163 million for the first quarter of 2021, up 6.5% on the year, and a net profit of RON23.6 more

17 mai 2021

Winemaker Purcari (WINE.RO) on Monday reported a net profit of RON10.2 million for the first quarter of 2021, up 28% on the year, on 8% revenue growth, to RON49.8 million. more

17 mai 2021

Hidroelectrica, Romania's most valuable state company and the most awaited IPO on the Bucharest stock market, ended the first quarter of 2021 with a net profit of RON760 million, up 77% compared with more

17 mai 2021

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, on Monday reported a net profit of RON0.5 million for the first quarter of 2021, compared with a more

14 mai 2021

Romania's current account balance posted a deficit of EUR2.549 billion in the first quarter of 2021, compared with a deficit of EUR990 million in the same period in 2020, central bank data showed more

14 mai 2021

Shares of organic wine producer Vifrana (BIOW.RO), listed Friday on the AeRO market of the Bucharest Stock Exchange, were trading at RON0.515/share within hours of listing, 14.4% higher than the more

14 mai 2021

Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday. more

13 mai 2021

French DIY retailer Leroy Merlin will open a store in Targoviste Friday, its first in Dambovita county, and 19th in Romania. more

13 mai 2021

Romanian state-owned hydropower producer Hidroelectrica will pay dividends totaling RON2.3 billion this year, after the Romanian state approved an additional RON1 billion dividend distribution request more

13 mai 2021

The European Bank for Reconstruction and Development (EBRD) has subscribed to a EUR24.7 million ticket as part of an inaugural five-year EUR300 million green bond issuance by MAS Securities BV. more

13 mai 2021

Romania's finance ministry on Thursday raised 967 million lei (EUR196 million) selling one-year treasury bills at an average yield of 1.9%, central bank data showed. more

13 mai 2021

ATP Trucks Automobile, part of ATP Group in Baia Mare, northern Romania, announced the launch of its ATP Bus e-UpCity electric bus with an autonomy of up to 360 km. more

13 mai 2021

Real estate consultancy company Cushman & Wakefield Echinox said Thursday it has expanded and consolidated its Land & Industrial team by recruiting Liviu Marginean and Stefan Radeanu, two specialists more

13 mai 2021

Binderbubi Hotel & SPA in Medias, central Romania, has reopened following extensive renovation and has joined the Mercure network of French hotel management group Accor. more

13 mai 2021

Agroland (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has appointed Adrian Hutiu as Chief Operating Officer. more

12 mai 2021

If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be more

12 mai 2021

Meat producer Sam Dor Divers, which produces pork and beef carcasses in Arges county, has taken over the former Integra meat processing unit in Chitila, near Bucharest, from Nicbac Prod Bacau, more

12 mai 2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

12 mai 2021

The air transport industry was directly hit by the pandemic, with the number of flights drastically reduced starting March 2020, and the most recent figures on commercial flights show no clear signs more

12 mai 2021

Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday. more