12.06.2024

Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment vehicle Qemetica US Silica LLC, USA, the activities more

12.03.2024

The assets of the open-end investment funds managed by asset management companies in Romania touched a record high of RON26.4 billion at the end of October 2024, higher by RON7.2 billion or by 38% more

10.07.2024

The seven Pillar II private pension funds in Romania, in which 8.2 million Romanian employees contribute with part of their monthly gross income for private retirement savings, have reached record more

09.26.2024

The net assets of the 95 open-end equity funds operating in Romania edged 1% higher in August 2024 and grew by 25.6% so far in 2024, up to RON25.6 billion (EUR5.2 billion), in line with the latest more

09.04.2024

Construction company Hidroconstructia, which went insolvent in early 2022, will be putting up for sale a portfolio of assets worth over EUR65 million, according to Infinexa Restructuring SPRL. more

08.08.2024

The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by RON1.7 billion in the first six months of 2023, compared to RON1.2 more

07.01.2024

Raiffeisen Asset Management (RAM), which manages 13 investment funds and the Raiffeisen Acumulare voluntary pension fund, has reached EUR1.05 billion in total assets under management, higher by EUR180 more

05.23.2024

The Competition Council is assessing the transaction whereby The New Originals Company GmbH intends to acquire the assets owned by Dr. Oetker Romania. more

05.08.2024

Voluntary private pension funds in Romania (Pillar III) exceeded the threshold of EUR5 billion in net assets managed in March 2024, up 3.1% compared to February 2024, in line with calculations by more

04.30.2024

International law firm CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility, to Premier Energy more

02.13.2024

The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and hotels, across Poland, Czech Republic, Hungary, Slovakia, more

01.26.2024

Despite significantly recovering from the decline of 2022 and reaching RON20 billion at the end of 2023, the assets of the ten largest companies in the Romanian asset management industry (namely, over more

12.08.2023

Hidroelectrica (H2O.RO), the largest company at the Bucharest Stock Exchange and the most profitable state-run firm, announced in a stock market report on Friday (Dec 8) the signing of the Business more

12.07.2023

Anodin Assets, a company almost entirely held by Ileana Motoc, has reached an ownership stake of 5.5% in iHunt Technology Import-Export (HUNT.RO), a supplier and manufacturer of mobile phones and more

11.29.2023

Luxury apparel manufacturer Canada Goose has purchased the operating assets of Romanian clothing company Paola Confectii Manufacturing from Titu (Dambovita County), the local partner of Canada Goose, more

11.15.2023

Biodegradable packaging maker Exonia, a business contro­lled by entrepreneur Tiberiu Stoian, will be taking over the assets of the former bakery plant in Romania's northeastern city of Iasi. more

11.14.2023

Infinity Capital Investments (SIF5 – formerly known as SIF Oltenia) had net assets of RON2.57 billion in January-September 2023, a record high of the last ten years, as per its financial report more

10.06.2023

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON114.6 billion for August 2023, as per data released by Romania’s Financial Supervisory more

10.03.2023

Total assets of insurance companies in Romania stood at RON26.3 billion at the end of the first quarter of 2023, up 2.5% on the year, while debts stagnated at RON19.4 billion, up just 0.1% on the more

08.01.2023

The three largest mutual fund managers in Romania had RON11.2 billion worth of net assets under management at the end of June 2023, accounting for over 60% of the total net assets managed by the top more

07.27.2023

Businessman Eusebiu Gutu has acquired the assets of the former insolvent chemical plant Nitroporos Fagaras, part of InterAgro Group, for EUR8.2 million. more

06.23.2023

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported record assets of RON107.4 billion at end-May 2023, as per the latest data released by Romania’s more

06.12.2023

Romania's Competition Council on Monday said it approved a transaction through which Silcotub is taking over two collection centers for recyclable industrial waste operated and managed by Silnef. more

05.25.2023

The net assets of the 93 Romanian open-end investment funds totaled RON17.8 billion (EUR3.6 billion) in April 2023, up 1.9% since the beginning of the year, data from the local Association of Asset more

05.22.2023

Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/2022. more