03.08.2023

Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1.1%) and more

03.06.2023

NN, the main player on the Romanian life insurance market, launches in Romania NN Bootcamp, an international accelerated learning program dedicated to students and recent graduates, with a view to more

03.02.2023

Romania’s Financial Supervisory Authority (ASF) has approved the increase of the share capital of Euroins Romania by RON44.7 million, according to ASF representatives. more

02.27.2023

CTP, the largest owner and developer of industrial and logistics space in Romania, continues its investments in green energy by installing a 1.5 MW photovoltaic power plant at the CTPark Bucharest more

02.27.2023

Globalworth, the largest office market investor in Central and Eastern Europe (CEE), said it signed a lease contract for a period of over seven years with Rödl & Partner Romania, an international more

02.23.2023

Telekom Romania Mobile on Thursday (Feb 23) said it ended 2022 with total revenue of EUR306.4 million, down 2.9% from 2021. more

02.21.2023

Romanian company System Innovation Romania, an integrator of end-to-end business software solutions, has overshot the EUR2 million turnover mark at the end of 2022, up nearly 20% from 2021, company more

02.21.2023

Parcel delivery company DPD Romania, one of the largest courier services companies in Romania, had a turnover of EUR71 million in 2022, up 8% from 2021. more

02.21.2023

Sales of French retailer Carrefour grew by 9% on a like-for-like basis in Romania in 2022, which is the second highest growth rate in Europe, after that in Poland. more

02.20.2023

Alpha Bank Romania said it would continue to grant mortgage loans in 2023 through the New Home (Noua Casa) government-backed program aimed at facilitating the purchase of homes. more

02.17.2023

Deloitte Romania is expanding its cybersecurity team by appointing Andrea Multari as partner and leader of the Central Europe specialized practice, effective as of March 1, 2023. more

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