06.17.2021

Appraisal & Valuation, the holder of the NAI Romania brand, active on the appraisal market, wants to raise RON3.7 million to RON4.5 million by selling 387,000 shares within a private placement carried more

06.16.2021

Bucharest has been the top FDI destination in Romania for more than a decade but investors are showing new interest for other regions, particularly the Western region of Romania, as well as more

06.15.2021

Cameron Romania, the largest supplier of equipment and services for the local oil industry, had a turnover of RON1.17 billion in 2020, down 10% from 2019 level, per finance ministry data. more

06.15.2021

Verona Cojocaru, specialist with over 20 years of experience in financial audit, has been named Partner within EY Romania's Audit department starting July. more

06.10.2021

Each euro invested in the medical subscription market generates an additional 3 euros in added value to the Romanian economy, a study by EY Romania concluded. more

06.10.2021

Appraisal & Valuation, the holder of the NAI Romania brand, active on the appraisal market, is readying its listing on the Bucharest Stock Exchange, aiming to speed up its business growth, including more

06.09.2021

Letiţia Pupazeanu will be the Executive Director of the American Chamber of Commerce in Romania (AmCham Romania) beginning with July 1, 2021. more

06.08.2021

Farm input distributor Agrii Romania is integrating in its sales department the Amira chatbot, developed by Druid, a company specialized in conventional technology, in order to provide agents with more

06.07.2021

Romania kept its 18th spot in 2020 among 51 countries in Europe regarding foreign direct investment (FDI), with 57 foreign investment projects, compared with 78 projects in 2019, which translates into more

06.04.2021

Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data. more

06.04.2021

Telekom Romania Communications, the fixed communications services division of Telekom Romania Group, registered a net profit of RON148.9 million in 2020, after reporting a combined net loss of over more

06.03.2021

ALTEN Romania, the local division of French group Alten, which specializes in engineering and IT consulting services, ended 2020 with a turnover of RON126.5 million (over EUR26 million), up 5% on the more

06.02.2021

Outsourcing services provider Genpact Romania, the local division of India’s Genpact Group, had a turnover of RON483 million in 2020, down nearly 9% on the year, per finance ministry data. more

06.02.2021

Heineken Romania, one of the largest brewers on the local beer market, ended 2020 with a turnover of RON1.26 billion, similar to RON1.23 billion reported in 2019, considering that beer sales in the more

06.02.2021

Romania's credit profile (Baa3 negative) balances a medium-term economic growth potential, moderate institutional and governance strength, and still relatively favorable debt metrics against widening more

05.31.2021

Logistics and parcel delivery company DHL Express Romania saw a 6% increase in revenue on the year to RON364 million in 2020 due to significantly higher volumes on the e-commerce segment. more

05.26.2021

Shell Romania, the local subsidiary of oil group Shell, returning to the local market after 15 years, has adopted flexible work spaces from Mindspace for its local team instead of leasing traditional more

05.25.2021

Seven in ten financial analysts polled by CFA Romania expect Romania's inflation rate to grow to 3.53% over the next 12 months, and over 80% of them estimate the leu will depreciate against the euro, more

05.24.2021

The Romanian division of Eglo Leuchten Austria Group, one of the world’s leading lighting producers, has invested over EUR10 million in Romania, over the last 25 years, in developing its network of more

05.20.2021

Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, on Thursday said it ended the first quarter of 2021 with operating revenue of EUR10 million, down 11.9% from the more

05.20.2021

Alukönigstahl Romania, the local division of aluminium systems producer Austria’s Alukönigstahl, on Thursday said it ended 2020 with a turnover of RON100.5 million (EUR21.5 million), down 10% from more

05.19.2021

Building materials producer Sika, together with AdePlast – a company which Sika had integrated in 2020 – registered a total turnover of RON769.2 million in 2020, up 13% from a combined turnover of more

05.19.2021

Smithfield Romania, the largest actor on the pork market in the country, ended 2020 with a turnover of RON1.3 billion, up 5% on the year, per calculations by Ziarul Financiar (ZF) based on data from more

05.19.2021

Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR146.2 million on the local market in the first more

05.18.2021

Outsourcing services company Teleperformance Romania has earmarked an investment budget of RON3.6 million for 2021, 14% higher than the investment budget of over RON3.14 million for 2020, which was more