05.29.2024

Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, reported gross written premiums of nearly EUR4.3 billion for the first quarter of more

05.29.2024

Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, plans to open six units this year and go beyond the 170-unit threshold in the restaurant portfolio, more

05.28.2024

DN Agrar Group, Romania’s largest integrated livestock farm, in the first quarter of 2024 posted RON40 million turnover, down 9%, and RON8 million net profit, 5% lower than in the year-earlier more

05.15.2024

Alternative investment fund BT Property has announced on Wednesday (May 15) the acquisition of Funshop Park Turda from Polish group Scallier. more

05.15.2024

Sphere Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, in the first quarter of 2024 posted the best Q1 profit in the group’s history, of RON21 million, more

05.13.2024

Romania's Competition Council has approved the transaction whereby Aquila Part Prod Com, an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, intends more

05.10.2024

Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, ended the first quarter of 2024 with net loss of RON9.7 million, on a consolidated level, compared to a negative result more

05.09.2024

The Bucharest Stock Exchange, the operator of Romania’s capital market, in the first three months of 2024 posted RON2.96 million net profit at group level, 68% higher than in the same period of more

05.08.2024

Deloitte Romania has assisted PIB Group Ltd, one of the leading insurance brokerage companies, with its headquarters in UK, in its entry on the Romanian market through the acquisition of STEIN more

05.08.2024

UniCredit Group, which holds the seventh largest bank in Romania by assets, ended the first quarter of 2024 with net profit of EUR2.6 billion, up 24% year-over-year, and revenue of EUR6.3 billion, up more

05.02.2024

CEC Bank group in 2023 registered net profit worth RON540 million, 27% higher than in 2022, in the context where the bank reported RON515 million net profit, up 21%. more

04.30.2024

Piletilevi Group, the largest and best-known ticket sales platform in the Baltic states, which bought the majority stake in Bilete.ro in summer 2023, continues its expansion in the region with the more

04.30.2024

The Competition Council assessesthe transaction whereby the EOS Group, through EOS Credit Funding DAC and EOS Finance IFN S.A., intends to take over a portfolio of performing and nonperforming more

04.30.2024

BCR group in the first quarter of 2024 posted net profit worth RON620 million (EUR125 million), up 10.1% from the year-earlier period, amid improved operating performance supported by a rising more

04.29.2024

Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian more

04.25.2024

Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, has opened its third KFC restaurant in the town of Pitesti, within the Arges Mall shopping center, more

04.23.2024

Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, plans to open new units, but expansion will not longer be as aggressive as in the past years. more

04.18.2024

Sphera Franchise Group (stock symbol SFG), which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, said in a stock market report more

04.18.2024

Premier Energy Group, which bought CEZ Vanzare in Romania and is a major player in renewable energy, announced its intention to launch an IPO at the Bucharest Stock Exchange and subsequently list on more

04.15.2024

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised UK-based PIB Group Europa, backed by global private equity firms Apax Funds and The Carlyle Group, in more

04.15.2024

Dr. Max Romania Group, which consists of pharmaceutical distributor Mediplus and Dr. Max pharmacy network, reached a consolidated turnover of RON8.7 billion in 2023, up 31% compared to 2022. more

04.11.2024

The Oltean Family from Reghin, which owns the Maviprod-IRUM group of companies, targets a consolidated turnover of almost EUR59 million in 2024, up 5% on the year, in line with calculations by Ziarul more

04.09.2024

Carmistin Group, one of the largest players in the food industry and mostly on the meat market, has reached a total 3,675 employees in April 2024, in line with data provided by company more

04.03.2024

Builder IBB Holding Group, founded by Craciunescu family in Ilfov county, has opened a concrete station in Mogosoaia, northern Bucharest, in the wake of a RON7.5 million investment. more

04.02.2024

Competition Council is assessing the transaction whereby Banca Transilvania intends to acquire the entities in Romania of Hungary's OTP Group, respectively, OTP Bank Romania, OTP Leasing Romania IFN, more