07.20.2022

SII Romania, specialized in IT services and solutions, ended fiscal year April 2021-March 2022 with EUR19 million turnover, up 48% from the previous period, according to the company’s officials. more

07.15.2022

The African Industries Group (AIG) holding, present in Romania through investments in agriculture, distribution of agricultural equipment and real estate, has acquired the fitness center chain World more

07.14.2022

Linde Gaz Romania, the local subsidiary of the German-American industrial group Linde Plc., the largest supplier of industrial gases in the world, reported a net profit of RON236.6 million (EUR48 more

07.14.2022

Carrefour Romania on Thursday (July 14) announced a series of strategic appointments in the company’s Board following the promotion of two key business leaders. more

07.14.2022

Cosmetics importer and wholesaler Sarantis Romania, held by Greece’s Sarantis Group, has budgeted a 11.6% increase in turnover up to RON453 million for 2022. more

07.13.2022

The partnership between OMV Petrom and Auchan Retail Romania, which stipulates the opening of MyAuchan proximity stores in Petrom filling stations, continues with 80 more units to be inaugurated until more

07.12.2022

Sphera Franchise Group announced the completion of the procedures for signing the development plan for the Taco Bell Romania restaurant network, for the year 2022, between the franchisor YUM! and more

07.12.2022

Automotive component manufacturer Hella Romania, the local unit of German-held company Hella, had a turnover of RON3.541 billion (EUR719.7 million) in 2021, up 18% from a total turnover of nearly RON3 more

07.12.2022

Law firm Filip & Company is assisting Holcim Group, the largest building materials producer in Romania by turnover, in the process of acquiring 100% of the shares of General Beton Romania, one of the more

07.11.2022

Danone Romania, the leader of the Romanian yogurt market, on Monday said it ended 2021 with a turnover of RON691 million (some EUR140 million), up 9% from 2020, in line with finance ministry data. more

07.11.2022

Distribuţie Energie Electrica Romania (DEER), part of Electrica Group, on Monday announced the appointment of Lucian Penes to the position of Chief Financial Officer (CFO), effective July 2022. more

07.08.2022

Holcim Romania, Romania’s biggest building materials producer by turnover, active in cement manufacturing, announced it acquired General Beton Romania, a local player on the concrete market, with more

07.05.2022

The “Made in Romania” Nominations Committee has selected its 50 semi-finalists out of the 350 companies nominated on the platform www.investingromania.com. more

06.29.2022

Orange Romania has purchased products and services worth EUR2.2 million in five years of activity from the tech startups included in the Orange Fab accelerator, a EUR2.2 million program of more

06.29.2022

Financial analysts part of CFA Romania association expect the Romanian leu to decline to an average of 5.1125 units to the euro in the next 12 months, while the estimated inflation rate will hit on more

06.28.2022

Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9% more

06.27.2022

Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, ended 2021 with a turnover of RON410.7 million (EUR83.5 million), up 12.4% from RON365.4 million more

06.24.2022

OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report. more

06.24.2022

US Burger King group, one of the most famous fast-food chains in the world, reported a turnover of RON54 million in 2021 in Romania, more than double the level reported in 2020. more

06.22.2022

Marius Maican has been appointed Chief Technology Officer (CTO) of Orange Romania, leader of the local telecom market, starting July 1, 2022. more

06.22.2022

Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the European more

06.13.2022

Coca-Cola HBC Romania, the biggest beverage bottler locally, ended 2021 with RON2.76 billion turnover, up 13.5% from 2020, in line with ZF calculations based on Finance Ministry data. more

06.10.2022

The International Monetary Fund (IMF) warned the Romanian government that it must take fiscal measures and reform and boost taxes in order to rebuild the fiscal space below 3% of gross domestic more

06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

06.09.2022

Housing prices in Romania’s capital city Bucharest are among the most affordable in the European Union (EU), in line with a report released by real estate consultant SVN Romania based on Eurostat more