04.12.2023

Retail property developer NEPI Rockcastle has contracted green financing worth EUR200 million from Erste Group Bank AG and Raiffeisen Bank S.A. in order to improve its liquidity position. more

04.11.2023

Altex, the leader of the Romanian electro-IT market and one of the three leading Romanian entrepreneurial companies, announces a capital increase of over RON125 million for Cometex, the real estate more

04.05.2023

Iulius Group, a real estate developer held by businessman Iulian Dascalu, has concluded a partnership with MedCity for the setup of a medical center within the Palas Campus Iasi office complex. more

03.30.2023

MedLife, the leading provider of private medical services in Romania and the only Romanian-owned company among the top operators of private medical services, on Thursday said it completed the more

03.28.2023

Stephane Batoux, an executive with more than 20 years of experience in the fast-moving consumer goods (FMCG) industry, has been appointed to the position of Global CEO of confectionery manufacturer more

03.27.2023

Sphera Group, the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, estimates restaurant sales will top EUR320 million in 2023, up 21% from 2022, while normalized EBITDA more

03.23.2023

IULIUS Group has installed photovoltaic panels on all properties in its portfolio and expects a production of 5,500 MWh annually, following an investment of over EUR3.5 million. more

03.23.2023

Law firm Filip & Company advised Digi Spain Telecom S.L.U., the company’s Spanish subsidiary, on the conclusion of an investment agreement with Aberdeen Standard Core Infrastructure III SC Sp., a more

03.21.2023

Porsche Finance Group, one of the leading providers of financing, insurance, maintenance and car mobility solutions in Romania, has announced the appointment of Helian Redai to the position of Chief more

03.15.2023

East Group based in Cluj County, held by several entrepreneurs from Romania and Hungary, targets a consolidated turnover of RON1.167 billion (EUR236.9 million) in 2023, up almost 10% from a total more

03.14.2023

Raiffeisen Bank International and Raiffeisen Bank Romania have granted a loan worth EUR40.5 million to a company from the Shikun and Binui Energy Group in Israel for the construction of a photovoltaic more

03.13.2023

The JD Agro Cocora Group, owned by Danish investors through Romania Farm Invest A/S, has acquired an agricultural farm of approximately 1,370 hectares in Constanta County, in a transaction worth EUR10 more

03.09.2023

Sphera Franchise Group, the holding that owns the company that operates in a franchise system the KFC brand on the local market, is expanding its restaurant network and by inaugurating the first units more

03.08.2023

Romanian state-owned energy utility group Electrica (EL.RO) on Wednesday reported a consolidated net profit of nearly RON560 million for 2022, compared to a loss of RON552 million in 2021, and revenue more

03.02.2023

State-run Oil Terminal (OIL.RO) received approval from the Energy Ministry to start negotiations with real estate developer Iulius Group on a EUR815 million urban regeneration project in Constanta. more

02.27.2023

Italy’s Calzedonia Group, one of the world’s leading fashion retailers, will be opening three stores under the brands Calzedonia, Intimissimi and Intimissimi UOMO, within the Palas Iasi mixed-use more

02.24.2023

After an intense 2022 in terms of investments for Nord Group (the former Provita), which included the takeover of a stake by MedLife, the first half of 2023 will bring under the healthcare 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

02.20.2023

Maxagro Group, which is owned by brothers Ianco and Ioji Zifceak and cultivates 10,000 hectares with grain conventionally in Timis county and 1,800 hectares in an ecological system, ended 2022 with a more

02.16.2023

Agricover, a significant player in the Romanian agribusiness sector, has appointed Bogdan Dimcea to the position of Chief Executive Officer (CEO) of Agricover Distribution SA. more

02.16.2023

Clifford Chance Badea advised the bank syndicate including Banca Comerciala Romana S.A. and Erste Group Bank AG in connection with the financing of the acquisition by Austrian group Enery Power more

02.10.2023

BVB Group, which includes the Bucharest Stock Exchange, the Central Depositary and CCP.RO, in 2022 posted RON56 million operating revenues, 22% higher than in 2021, on the rising revenues on all more

02.09.2023

East Group (Cluj County), controlled by several entrepreneurs from Romania and Hungary, ended 2022 with consolidated revenue of RON1.063 billion (EUR215.7 million). Grain trader East Grain, the more

02.08.2023

BRD Group in 2022 generated RON3.45 billion revenues, up 11.7%, while profit rose by around 1.4%, to RON1.33 billion. more

02.06.2023

Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of more