02.23.2021

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group with global revenue of EUR14.4 billion, reported a turnover of over RON2.6 billion (EUR539.8 million) in 2020, up 1.67% on the more

02.23.2021

Most analysts polled by CFA Romania (88%) estimate the leu at an average of 4.97 units to the euro over the next 12 months and see inflation at 2.58% over the same forecast horizon. more

02.18.2021

Josephine Payne will take over as president of Ford Romania and general manager of the Ford Craiova plant starting April 1 and will be the first woman to run the factory's operations in Romania, the more

02.18.2021

Telecom operator Orange Romania on Thursday reported a turnover of EUR1.076 billion for 2020, down 3% compared with 2019, while customer numbers grew 1%, to 10.72 million. more

02.18.2021

Real estate consultancy company JLL Romania has recruited Ciprian Sirbu, former logistics manager at Vivre, to manage its Supply Chain Services business line, expanding its services on an increasingly more

02.17.2021

The year 2021 had a very dynamic start in terms of staff recruitment, with increased demand for staffing in retail, tech, pharmaceuticals, logistics and transport, said Florin Godean, country manager more

02.17.2021

Courier services company GLS Romania reported a 20% annual increase in turnover in 2020, due to the e-commerce being on an upward trend in 2020. more

02.08.2021

Mihnea Craciun has left the position of deputy director within the European Bank for Reconstruction and Development and takes over as managing director for the Romanian chapter of Endeavor, a global more

02.02.2021

The Romanian real estate market continues to lure investors and the mix between the limited supply and the demand better than the initial estimates could trigger unexpected price changes, according to more

02.02.2021

Monica Hodor, a former networks development director within the global infrastructure and networks division of Enel Group, took over in early February 2021 the position of general manager of more

02.01.2021

Companies in Romania may access financing in the field of leasing to continue and develop their activity, following a contract signed by the European Investment Bank (EIB) Group and Deutsche Leasing more

01.29.2021

Experts of KeysFin, one of business information providers in Romania, expect the Romanian economy to grow by 2.5% to 3.5% in 2021. more

01.28.2021

Construction material manufacturer Joris Ide, held by Kingspan Group, targets investments of nearly EUR15 million in Romania until 2024. more

01.27.2021

Vodafone Romania has been certified as Top Employer by the Top Employers Institute, a global authority on recognizing excellence in Human Resources practices. more

01.26.2021

Most analysts polled by CFA Romania estimate the inflation rate will grow to an average rate of 2.64% in the next 12 months and see the leu depreciating to an average of 4.98 units to the euro. more

01.22.2021

Oil group Shell, which had sold all its Romanian assets in 2007, is returning to Romania, where it will carry out commercial road transport activities, according to company representatives. more

01.20.2021

Romania’s real estate investment market showed resilience in the face of the coronavirus pandemic in 2020, with the volume of transactions reaching EUR914 million, 28% higher than in 2019, per the more

01.18.2021

Romanian competition authorities are looking into Polish investment fund Innova Capital's acquisition of the local operations of UK's PayPoint in a EUR50 million deal. more

01.13.2021

ENGIE Romania, the largest player on the Romanian natural gas distribution and supply market, has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed more

01.13.2021

The activity of entities from the United Kingdom, including those authorized in Gibraltar, which notified the provision of banking, payment and electronic money services in Romania, through more

01.13.2021

Valentin Tataru has been appointed chief-economist of ING Bank Romania, the bank announced Wednesday. more

01.08.2021

Medicover Romania, the third largest private medical service providers in the country, has appointed dr. Florinela Cirstina as general manager, replacing Radu Gorduza Lupu. more

01.06.2021

Bogdan Dobre has taken over as the new Chief Executive Officer of Holcim Romania, starting January 1, 2021. more

01.06.2021

The World Bank expects Romania's economy to contract 5% in 2020, followed by a 3.5% growth in 2021 and a 4.1% growth in 2022, according to a note by lender Banca Transilvania. more

12.23.2020

Romania's new government led by liberal prime minister Florin Citu gained a vote of confidence in Parliament Wednesday. more