02.16.2023

Orange, leader of the Romanian telecom market, on Thursday (Feb 16) said it registered a turnover of EUR1.57 billion in 2022, down 2.6% compared to 2021. more

02.16.2023

Romania must implement the European Fair Minimum Wage by 2024. The provisions of the European Directive and its impact on Romanians are included in an analysis by Claudia Sofianu, Partner, Income Tax more

02.14.2023

Romania had the second highest economic growth rate in the European Union in the fourth quarter of 2022, 5% compared with the year-earlier period, after Ireland (15.7%) and ahead of Cyprus (4.4%), more

02.09.2023

German-held discount retailer Lidl Romania inaugurated at end-2022 its sixth regional headquarters which also hosts a logistics warehouse covering a total built area of over 56,000 square meters. more

02.08.2023

CFA Society Romania is launching a financial education campaign on TikTok to help Gen Z learn more about how they can organize their travel budget, about the jobs of the future, how they can monetize more

02.07.2023

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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

02.06.2023

Frank Loeffler was appointed to the position of General Manager of pharmaceutical company Roche Romania, starting with February 1, 2023. more

02.06.2023

Trade between Germany and Romania maintained on an upward trend, reaching EUR37.5 billion in 2022, up 13.9% versus 2021, according to the Romanian-German Chamber of Commerce and Industry (AHK more

01.31.2023

Fifty years after Romania became the first Warsaw Pact country to join the International Monetary Fund, three decades after its transformation from a centrally planned to a market economy, three years more

01.26.2023

The EBRD provided EUR709 million of investments in 32 operations in Romania in 2022, as part of a record EUR13.1 billion at reported rates delivered across the Bank’s regions in 2022. more

01.19.2023

Takeda, a global bio-pharmaceutical company based in Japan, has appointed Todor Kesimov to the position of Country Manager for its operations in Romania, starting with January 1, 2023. more

01.19.2023

Marsh, an insurance brokerage and risk advisory company, has appointed Cristian Fugaciu to the position of Co-CEO for Central and Eastern Europe (CEE), alongside Artur Grzeskowiak. more

01.12.2023

Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes. more

01.12.2023

IT services company Inetum Romania, part of French Inetum Group, announces the appointment of Patrice Gautier to the position of Managing Director, replacing Nicolas Boitout, as per a press statement. more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

01.11.2023

Citi Romania has relocated its 200 employees in capital city Bucharest to its new headquarters in the capital, located in the Tiriac Towers office building. more

01.11.2023

Fortis Games, a new US game studio established by global industry heavyweights, which made several acquisitions in 2022, among which the Metagame startup in Bucharest, plans to expand in Romania and more

01.09.2023

Mateja Podgornik has taken over the position of Managing Director Romania and Slovenia within Mondelez International, starting from January 2023. more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.23.2022

Premier Restaurants Romania, the operator of the McDonald’s restaurant chain in Romania, continues the expansion of the local chain with the opening of the 96th restaurant, in Oradea (western more

12.22.2022

Romania is ranked among the top ten European Union Member States regarding the number of medium-sized companies with 50 to 249 employees, according to data from Eurostat, the statistical office of the more

12.21.2022

Orange Romania has expanded its 5G network coverage to two more towns, namely, Targu Mures and Miercurea Ciuc. more

12.19.2022

ING Bank Romania has announced that Mihaela Ionita will join its team as Human Resources (HR) Manager and member of the bank’s Board of Directors, starting January 1, 2023. more

12.15.2022

Romania’s media market is expected to generate advertising revenue of EUR642 million in 2022, up 7% on the year, according to media agency Initiative Romania. more