04.03.2023

Holcim Romania, Romania’s largest building materials manufacturer by turnover, is expanding its aggregates arm by acquiring Stones Business Development, a major aggregates provider in the more

04.03.2023

Amazon Development Center, the development center of US giant Amazon in Romania, with offices in Bucharest, Iasi and Timisoara, for 2022 reported net turnover worth above RON610 million (around more

03.22.2023

Footprints AI, a company established in 2017, which developed a media retail platform enabling offline retailers to find potential new customers and anticipate their spending patterns through a more

03.22.2023

The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD). more

03.14.2023

OTP Bank Romania and OTP Bank Plc have sealed a EUR57.8 million loan agreement with Exigent Property Investment for the construction of phase 5 of housing compound Exigent Plaza Residence located in more

02.21.2023

Libra Internet Bank and Oradea-based real estate developer Prima Development Group have concluded a financing agreement worth EUR16.8 million for the construction of Phase 1 of the PRIMA Vista project more

02.17.2023

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has acquired a 44,863-sqm land plot located at more

02.17.2023

Burger King will resume expansion in Romania via a new franchisee, Rex Concepts CEE, which hired Cristian Turculet as head of operations for Romania, to do that. more

12.23.2022

Prima Development Group, a real estate developer of Oradea, has started works for a real estate project in northern Bucharest, set to be developed in two stages. more

12.13.2022

Green Genius, one of the main European renewable energy developers, part of Lithuania’s Modus Group, has signed the first solar power development contract in Romania, a EUR8 million project in Ulmi, more

11.24.2022

Energy Power Holding, an Austrian-held company operating in Austria, Estonia, Slovenia and Poland, has recently completed the acquisition of six green power projects or a total of 81 MW in Romania at more

11.03.2022

Craiova can attract new investments in the automotive industry beyond the almost EUR500 million euros already announced by Ford Otosan after the takeover of the plant. more

10.25.2022

The Romanian video game development industry closed 2021 with $312 million revenue an increase of 20% on 2020, more than double the 2016 figure, an annual survey by the Romanian Video Game Developers more

09.29.2022

International Finance Corporation (IFC), a member of the World Bank Group, ramped up support for Romanian companies with a record investment of $458 million between July 2021 and June 2022 in order to more

09.27.2022

Andreea Mihai has been appointed Chief Executive Officer of real estate developer HAGAG Development Europe. more

08.23.2022

Poland’s CCC, a major player in Romania’s footwear retail by turnover, is opening an offline store for its purely online brands epantofi.ro and Modivo in Mega Mall shopping center. more

08.03.2022

Real estate developer Hagag Development Europe has received the permit needed to start consolidation and renovation works on the Stirbey Palace, a historical monument in downtown Bucharest, where more

07.21.2022

Verdino, a startup co-founded by entrepreneurs Raul Ciurtin and Eberhart Raducanu, which makes pea protein-based foods, has attracted a new funding round from its already existent shareholders. more

06.22.2022

Par baked bread and pastry company La Lorraine has a EUR70M investment project to develop its activity in several stages. more

06.21.2022

Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general manager more

06.21.2022

Romanian real estate developer Camicna Development is set to invest EUR25 million in a residential project with 51 apartments near Baneasa forest (in the north of capital Bucharest), which is due to more

06.08.2022

MOL Romania Petroleum Products, the local subsidiary of Hungary’s MOL, for 2021 reported turnover of above RON7.9 billion (EUR1.6 billion), up 42.6% from 2020, in line with ZF calculations based on more

06.07.2022

Romanian real estate developer Eden Capital Development announced that it obtained the building permit for a EUR200 million residential complex in capital Bucharest. more

06.06.2022

Most German-held companies in Romania currently have a good financial situation and continue to rate their business expectations as unchanged, but are pessimistic about the local economic development more

05.12.2022

Real estate developer Hagag Development Europe, part of Hagag Group of Israel, on Thursday announced a new upper-premium residential project in capital city Bucharest - H Primaverii 1, and the more