05.04.2022

SoftServe, a technology company and specializing in consultancy services and software development, has opened a new office in Romania’s capital city of Bucharest, as part of its strategy to expand more

04.21.2022

ICD Real Estate Development, a developer controlled by Nicusor Popescu and Daniel Chitafes, bought 17,000 square meters from IMGB platform to the end of developing a housing project. more

04.15.2022

After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to the more

04.14.2022

IT company Betfair Romania Development, based in the city of Cluj-Napoca, continues its growth plans on the local market, aiming to expand its team by 50% by the end of 2023 to reach the threshold of more

04.14.2022

InteRo Property Development, a company held by the Topolinski Family of Canadian investors, plans to invest EUR54 million in two residential projects in northern Bucharest. more

04.04.2022

Opus Land Development, the developer of Cosmopolis residential compound, will invest EUR30 million in 2022 in the construction of approximately 500 new homes, the extension of the existing strip mall more

03.29.2022

Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, has finalized a EUR125 million green loan agreement with a group of banks through its joint venture with MAS more

03.16.2022

Over the next three years, Chief Financial Officers (CFOs) in Romania think about becoming more of a business partner to their organization, with 78% believing they will be significantly involved in more

01.25.2022

Shareholders of Romanian state-owned gas natural transmission company Transgaz (TGN.RO) approved on Tuesday (Jan 25) the conclusion of a legal consultancy contract for analyzing and negotiating the more

01.11.2022

Insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) said in a stock market announcement on Tuesday that Valtecia Development, a company based in Targu-Mures and engrossed in buying and more

01.06.2022

Romanian-held pharmaceutical products manufacturer Biofarm, the fifth largest player on this market by turnover, plans to add internally-developed products to its portfolio, especially as the company more

01.05.2022

Real estate developer Hagag Development Europe established the company Hagag Privighetorilor 35 at end-2021, per data released on Friday (Dec 31, 2021), and is looking at buying a plot of land of over more

12.21.2021

mindit.io, a Romanian company specializing in software development, will end 2021 with turnover worth around RON45 million, 40% higher than in 2020. more

12.14.2021

CTP, the largest developer and manager of Class A industrial and logistics space in Romania, continues the development of CTPark Bucharest North with new buildings with a total area of 95,000 square more

12.14.2021

Real estate developer Akcent Development is launching Akcent City, a new residential project of 810 housing units in capital Bucharest, within an investment of nearly EUR75 million. more

12.14.2021

Prima Development Group, one of the most active real estate developers in Romania by the number of housing units delivered, starts construction works on a new residential complex in Oradea more

12.03.2021

Construction group TeraPlast announces the expansion of its management team with the appointment of Laszlo Vajda as development director. He will start work in December and will coordinate development more

11.26.2021

Carbochim (CBC.RO) is preparing the site in Cluj for a future real estate development; the site is now used by one its plants, which is to be relocated. more

11.25.2021

The Black Sea Trade and Development Bank (BSTDB) received an upgrade of its long- and short-term issuer credit ratings from the S&P Global Ratings to 'A/A-1' from 'A-/A-2', with Stable Outlook. more

11.19.2021

AROBS Transilvania, a Romanian-held IT company controlled by entrepreneur Voicu Oprean, which last month announced its intention to list on the AeRO market of the Bucharest Stock Exchange (BSE), took more

11.10.2021

Romanian software developer TARA Interactive seeks to double the number of employees by mid 2022 and plans to hire 30 people for its Bucharest and Chisinau offices, the company said in a release. more

11.04.2021

An international group of investors buys 45% of the shares of Greek-held company SoftOne Group. The capital infusion is expected to also fund the company’s development overseas as the Romanian more

10.28.2021

Honey producer Apidava is in talks with investment funds for a partnership that should aid the company get to the next development level, and this partner could even become a majority stakeholder in a more

10.27.2021

Romania’s gaming industry posted EUR218.5 million revenue in 2020, an increase of 19.1% year-on-year, a report of the Romanian Game Developers Association (RGDA) shows. more

10.25.2021

Appraisal & Valuation (APP.RO), a company providing appraisal, consulting and real estate development services, on Monday said it appointed Gheorghe Dragne to run the company’s development division. more