12.14.2015

Swiss Automotive Group, one of the largest European independent provider of car parts, will buy a 51% stake in the leading local provider of car parts, Autonet, the company said in a statement Monday. more

09.22.2015

Iulius group, owned by businessman Iulian Dascalu, started construction works at Openville Timisoara, a EUR220 million development that will include offices, retail spaces and entertainment areas. more

09.21.2015

UTI group, majority owned by businessman Tiberiu Urdareanu, put up for sale Netcity Telecom, the company building Bucharest-based optical fiber network, sources on the financial and telecommunications more

09.09.2015

Two of ten Romanian employers have recruitment plans in the last three months of 2015, up 5% compared with the same period a year before, according to a survey of recruitment and short-term temporary more

08.18.2015

Iulius group, owned by businessman Iulian Dascalu, will develop a new building, of 9,000 square meters, in Palas Iasi mixed development, the company said in a statement. more

07.30.2015

UniCredit Tiriac Bank will grant financing of EUR28 million to Valvis group, run by businessman Jean Valvis, of which nearly EUR18 million for Carpathian Springs, the bottling firm of Aqua Carpatica. more

07.16.2015

Iulius group, owned by businessman Iulian Dascalu, will invest EUR220 million in a development in Timisoara, that will include offices, retail spaces and entertainment areas. more

05.13.2015

Brise Group, of Constanta entrepreneur Marius Bucur, ended last year with EUR289 million revenue, 10% above the 2013 level and its highest ever. more

05.11.2015

Romanian and US authorities have agreed to establish a working group on cybersecurity that will strengthen bilateral collaboration in this sector, the government said in a statement Monday. more

04.09.2015

Israeli group Gindi will invest EUR20 million from own sources in GViTown residential compound developed in Bucharest, and appointed Danya Cebus company as the constructor of the project. more

03.05.2015

Businessman Marius Bucur, who owns Brise Group, one of leading players in the local agribusiness sector, has acquired control of Constanta-based Granex. Bucur already had 49% in that company and more

02.17.2015

Waste recycling group Green Group estimates it will have a turnover EUR160 million this year, 6.6% more than in 2014, and plans to open a new factory. more

02.04.2015

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, reported last year revenue worth 631.5 million lei (EUR142 million), up 18.8% on the year, and a consolidated net more

01.26.2015

Four companies in Bega group, Bega Electromotor (ELTR.RO), Bega Minerale Industriale (BMIA.RO), BegaTurism (SCDE.RO) and Bega Tehnomet (TEHO.RO), will be delisted from Bucharest Stock Exchange as more

01.20.2015

The do-it-yourself stores, pharmacies and companies providing various types of services will enter the electronic commerce market this year, which is developing in full gear in Romania with more and more

12.17.2014

Romanian operating leasing company Fleet Management Services (FMS) was entirely acquired by Business Lease Group headquartered in The Netherlands and part of AutoBinck group, which thus extends its more

10.30.2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a net loss of almost 1.5 billion euros for the first nine months of the year, mainly due to write-downs at its Romanian and Hungarian units. more

10.13.2014

The financial statement of insurer Astra Asigurari for 2013 carried out by special administrator KPMG Advisory, appointed by financial authority ASF, does not reflect the reality and is artificially more

09.25.2014

Businessman Marius Bucur, who owns Brise Group, the biggest Romanian-held agricultural trader, in August registered NBFI Brise Capital Group. more

09.04.2014

Lithuanian real estate developer Hanner Group has completed the first out of four apartment buildings in the residential complex The Park in Bucharest, which will be finished in 2017 and will cost more

08.04.2014

Iulius Group, owned by businessman Iulian Dascalu, has leased out the entire space in its United Business Center Tower office building in Cluj, to be ready in September, as outsourcing firm Genpact more

08.01.2014

Romaqua Group, the producer of mineral water brand Borsec, became the biggest employer in the drinks industry, beating international names such as Coca-Cola HBC or Ursus Breweries, reveals a ZF more

07.31.2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a record loss for the first year-half, mainly due to higher provisions in Hungary and Romania and a low-interest environment in the markets more

06.25.2014

Mediafax Group, one of the leading media companies in Romania, and BAC Investment Banking, one of the largest players on the local mergers and acquisitions (M&A) consulting market, have joined the more

06.17.2014

Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million. more