11.16.2023

Holcim Romania, one of the largest producers of construction materials in Romania, has completed an investment of over EUR15 million to increase by nearly 45% the production capacity at its autoclaved more

11.16.2023

The European Commission forecasts, in its autumn economic report for Romania, that the real GDP growth is expected to slow to 2.2% in 2023 due to high inflation limiting disposable income, restrictive more

11.15.2023

Romania is represented with 60 companies in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2022 financial data, placing the country more

11.13.2023

Romania produced 4.4 million hectoliters of wine in 2023, 15% more than in 2022 and 4% more than the average of the last five years, consolidating its position as the sixth largest wine producer in more

11.13.2023

OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more

11.09.2023

Porsche Engineering, a wholly-owned subsidiary of Porsche and a technology service provider, has signed a cooperation agreement with Politehnica University of Timisoara. more

11.07.2023

Affidea Romania, the largest player on the medical imaging, outpatient and treatment services market, has acquired the Biomed Scan medical centers in capital city Bucharest. more

11.06.2023

International rating agency Moody’s Investors Service (Moody’s) has affirmed the Romanian Government's long-term Issuer and Senior Unsecured Ratings at Baa3 and has also affirmed the Senior more

11.06.2023

Romania’s e-commerce market will maintain its growth pace, being strongly supported by the yearend, according to the representatives of PayU GOP Romania, a major online payment services provider more

10.27.2023

Greek group PPC, which bought Enel Romania for EUR1.2 billion, has appointed Alessio Menegazzo as CEO and Country Manager. more

10.26.2023

The European Investment Fund (EIF) is granting Raiffeisen Bank Romania two guarantee schemes worth EUR400 million to fund the investments carried out by small and medium-sized enterprises (SMEs) on more

10.26.2023

Financial analysts part of CFA Romania association say the state budget gap estimated for 2023 will reach 5.8% in GDP, the highest value registered in the CFA survey since the start of the year. more

10.25.2023

Orange Romania, one of the leading players on the local telecom market, registered revenue of EUR384 million for the third quarter of 2023, down 4.7% on the year, as per data provided by the company. more

10.24.2023

Eszter Martin is the new Chief HR Officer of NN Romania starting November 15, 2023, succeeding Meliha Yardim who has taken over the role of Chief HR Officer in NN Spain. more

10.24.2023

Romania could raise its national income by almost three times in the next three decades while taking action to improve resilience against climate change and reduce carbon emissions, if it continues more

10.23.2023

Dan Crisan will be taking over as the new Chief Operating Officer (COO) of PENNY | REWE Romania, starting January 2024. more

10.20.2023

Auchan Romania, one of the leading actors in the local food retail sector, continues its development on the convenience store segment by opening the seventh large supermarket in its network. more

10.20.2023

Outsourcing service provider Genpact Romania, the local division of India’s Genpact Group, is expanding its local foothold by opening a hub in the north-eastern city of Iasi, where some 100 people more

10.16.2023

Deloitte Romania assisted Innova Capital, a leading private equity firm in Central and Eastern Europe, with the acquisition of the majority stake of NETOPIA Group, one of the longest-established more

10.14.2023

EY Romania has recruited Carmen Sauer for the position of SAP Practice Director within the Technology Consulting Department. more

10.12.2023

The largest Ukrainian retail chain in the one dollar store format, Aurora Multimarket, has entered the Romanian market and opened its first store in Romania, in the city of Suceava. more

10.11.2023

The company Mad Planning and Projects has fully rented out the office building Coltea Media Building in downtown Bucharest to Bitcoin Romania. more

10.10.2023

The International Monetary Fund (IMF) predicts an economic growth of 2.2% for Romania in 2023, lower than in its previous spring projection of 2.4%, according to its latest report released on Tuesday more

10.10.2023

Publicis Groupe Romania, a marketing, communications and digital transformation group, has launched the platform dataintelligence.ro, a hub where marketing professionals have access to essential more

10.09.2023

PKO Bank Polski, Poland’s largest state-owned bank, with assets accounting for almost 70% of the Romanian banking system, has announced it is set to start operations in Romania in early 2024. more