07.28.2023

Software services and solutions provider NTT Data Romania saw a 135% surge in its net profit in 2022, which overshot he EUR250,000 threshold (RON1.2 million), in line with data released on the finance more

07.27.2023

Nestlé Romania, one of the largest players on the food and beverage market, saw a 19.2% organic sales growth across its ten product divisions, in the first half of 2023. more

07.26.2023

Orange Romania, the leader of the local telecom market, reported a consolidated turnover of EUR377 million in the second quarter of 2023 (including the former Telekom Fix), down 1.2% on the year. more

07.26.2023

The new head office of Citi Romania in capital city Bucharest, located in the Tiriac Towers office building, has received the LEED for Interior Design and Construction (LEED ID+C) certification more

07.26.2023

An integrated team of PwC Romania and D&B David si Baias, PwC's correspondent law firm in Romania, has provided financial, legal and tax advice and assistance to Romanian state-run energy holding more

07.26.2023

Financial analysts part of CFA Romania association forecast an average inflation rate of 8.21% in the next 12 months, up from 7.73% rate forecast in May, amid the high budgetary gap and tax hike more

07.25.2023

Deloitte Romania has assisted RetuRO, the company set up according to the current legislation with the purpose of managing the Deposit-Return System, considered Romania's most important circular more

07.25.2023

Greek group Public Power Corporation (PPC), which in 2023 took over Enel’s Romanian assets, has signed an agreement with Lukoil’s European subsidiaries to entirely acquire Land Power SRL, which more

07.24.2023

Car parts manufacturer Coindu Romania, part of Portuguese group Coindu, returned to profit in 2022, reporting a net result of RON16.5 million (EUR3.3 million) from a net loss of RON748,307 more

07.21.2023

Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate of Eastern more

07.14.2023

The American Chamber of Commerce in Romania (AmCham Romania) calls on decision-makers to pursue transparency and a long-term vision in defining the measures to reduce the budget deficit. more

07.13.2023

Eldrive, the leading charging points operator in south-eastern Europe, aims to invest EUR174 million to expand the charging station network. more

07.11.2023

Car parts maker Hella Romania, the local subsidiary of German concern Hella, for 2022 reported turnover of RON4.077 billion (EUR826.8 million), up around 15% on the previous year, in line with ZF more

07.04.2023

Companies show a record level of optimism regarding the investment climate inn Romania, and intentions to increase operations and investment plans in 2023 are still at high levels for the next three more

07.04.2023

The “Made in Romania” Nominations Committee has selected its 50 semi-finalists out of the 386 companies nominated on the platform www.investingromania.com. more

07.03.2023

Brick Romania, a local DIY and home improvement retailer based in Constanta, has invested RON1 million to install photovoltaic panels on the rooftop of its store in the south-eastern city of more

07.03.2023

UniCredit analysts expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024, with Romania outperforming, and Czech Republic and Hungary lagging, the bank more

06.30.2023

Romania had the lowest price level for consumer goods among the EU Member States in 2022, with 42% below the EU average, being the least expensive country for food and non-alcoholic beverages, in line more

06.29.2023

Hochland Romania, a major dairy producer in Romania, is in 2023 investing to develop and expand the capacity of Sovata plant, where various cheese products are manufactured, as a reaction to more

06.28.2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units per euro in the next 12 months, while the anticipated rate of more

06.27.2023

French Orange Group, one of the world's largest players on the telecommunications market, granted financing of EUR800,000 for the opening in Romania of a digital education hub for several more

06.26.2023

Coca-Cola HBC, the biggest player on the soft drinks market, is set to establish its headquarters in Globalworth Campus B building starting spring 2024, after it signed a ten-year leasing contract for more

06.23.2023

The European Commission has approved the acquisition of Enel Romania by Greece's Public Power Corporation, which was last year's largest transaction on the Romanian market, worth EUR1.9 billion. more

06.21.2023

Mihai Draghici will be taking over the position of Partner of EY Romania in the Consulting department, starting July 2023. more

06.20.2023

Garanti BBVA, part of Garanti BBVA Group Romania, recorded a net profit of RON191 million in 2022, up 34.3% year-over-year, and net revenue of RON550 million, 20.1% higher than in 2021. more