06.22.2022

Marius Maican has been appointed Chief Technology Officer (CTO) of Orange Romania, leader of the local telecom market, starting July 1, 2022. more

06.22.2022

Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the European more

06.13.2022

Coca-Cola HBC Romania, the biggest beverage bottler locally, ended 2021 with RON2.76 billion turnover, up 13.5% from 2020, in line with ZF calculations based on Finance Ministry data. more

06.10.2022

The International Monetary Fund (IMF) warned the Romanian government that it must take fiscal measures and reform and boost taxes in order to rebuild the fiscal space below 3% of gross domestic more

06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

06.09.2022

Housing prices in Romania’s capital city Bucharest are among the most affordable in the European Union (EU), in line with a report released by real estate consultant SVN Romania based on Eurostat more

06.08.2022

ING Tech Romania, the software development hub of financial-banking group ING, which has recently changed its name to ING Hubs Romania, has budgeted turnover growth of around 20-30% for 2022, to over more

06.07.2022

Law firm Filip & Company assisted BCR in the transfer of part of the operating lease business of BCR Fleet Management to Arval Group. more

06.06.2022

Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivity and more

06.06.2022

BCR Group and Arval Romania have signed an agreement for the transfer of part of the operating lease activities of BCR Fleet Management, the two entities announced on Monday. more

06.02.2022

PwC Romania on Thursday announced that Adriana Costea and Radu Badiceanu were promoted as Partners in the Tax and Legal Advisory Practice and the Technology Consulting Practice, respectively, more

05.30.2022

Cyber-attacks have reached an unprecedented level and the global phenomenon is becoming more and more visible in Romania. more

05.27.2022

Alpha Bank, ranked among the top ten largest lenders in Romania by assets, on Friday reported an operating profit of EUR5.6 million for the first quarter of 2022, up 143% from EUR2.3 million in the more

05.27.2022

The European Reconstruction and Development Bank (EBRD) has recently announced it’s expanding its presence in Romania by opening a new regional office in Cluj-Napoca, the country’s second largest more

05.26.2022

Financial analysts expect the Romanian leu will depreciate to an average of 5.0584 units to the euro in the next 12 months, while inflation is seen averaging 8.43% during the same period, a monthly more

05.19.2022

United Romanian Breweries Bereprod (URBB), a brewer whose portfolio includes brands such as Tuborg, Carlsberg and SKOL, has contracted a loan of over EUR20 million from ING Bank Romania, which will be more

05.18.2022

The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising construction costs will change consumption consumer more

05.17.2022

Telecom operator Vodafone Romania reported service revenue of EUR764 million for the fiscal year ended on March 31, 2022, lower by 0.1% than the level reported in the previous financial year, in line more

05.16.2022

Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its Spring 2022 Economic Forecast report released on Monday more

05.16.2022

Deloitte Romania and Reff & Associates | Deloitte Legal has assisted ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, in acquiring Dial, a Romanian more

05.13.2022

Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited more

05.11.2022

Learning platform Adservio, developed by entrepreneur Alexandru Holicov from Iasi, has raised an investment of EUR2 million from Catalyst Romania Fund II, one of the leading venture capital funds in more

05.10.2022

Amsterdam-based food-delivery group Just Eat Takeaway, which operates food ordering and delivery platform takeaway.com, announced on Tuesday (May 10) that it decided to discontinue operations in more

05.09.2022

Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products within post offices across the country. more

05.06.2022

OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the consolidated more