04.19.2022

Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the more

04.12.2022

Paval Holding, founded by Dragos & Adrian Paval brothers who established do-it-yourself (DIY) retailer Dedeman, acquired a 30% stake in Tei Group made up of Farmacia Tei and Bebe Tei pharmacies. more

04.12.2022

Germany’s Dalli Group, which entered the Romanian market in 2014 when it acquired from P&G the detergent factory in western city of Timisoara, has decided to cease production operations in Romania, more

04.11.2022

Germany’s Rehau Group, a provider of solutions for windows, building and furniture and automotive, has started construction works on a regional hub in Sibiu County (central Romania) worth more

04.08.2022

David Malpass, President of the World Bank Group, will arrive in capital Bucharest on Wednesday, April 13, 2022, for a two-day visit, which will be his first trip to Romania as World Bank Group more

04.06.2022

OTP Group, also present in Romania through OTP Bank Romania, has started the integration of a new platform, FLOWX.AI, the low-code/no-code provider in the enterprise space, to accelerate and reshape more

04.04.2022

Nuvias Group, the European distributor of value-add IT solutions, is bolstering its investments in Eastern Europe with the acquisition of Romanian company NetSafe, a distributor of value-add IT more

04.04.2022

MedLife Medical System, the leader of the Romanian private medical services market, on Monday announced the acquisition of 100% share capital of Life Med which has two clinics in capital Bucharest more

04.01.2022

Law firm Filip & Company has assisted Tiriac Group on the sale of the rights and operations of the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament to IMG UK, which more

03.31.2022

Impetum Group has launched Agista, the first investment fund in Romania focused on the AeRO market, helping local SMEs to get listed on the stock market, financing and accelerating their increase more

03.29.2022

Smartree Group, the strategic partner that offers integrated human resources services and software solutions, on Tuesday said it ended 2021 with a turnover of RON123 million, up 17% on the year, and a more

03.24.2022

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has budgeted restaurant sales of over EUR266 million for 2022, higher by 33% than in 2021, of which more

03.24.2022

BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, is summoning its shareholders on April 26, 2022 to approve the distribution of 5% of its 2021 net profit, more

03.24.2022

Romanian businessman Iulian Dascalu, owner of Iulius Group, has started the licensing process of a mixed-use project near Romexpo in Bucharest, through the company Factory Business United held by more

03.23.2022

A major European IT group is likely to directly enter the ranking of Romania’s 20 biggest tech employers with the opening of a center for which it plans to recruit several hundred people. more

03.21.2022

An integrated team of transaction professionals of PwC Romania and D&B David si Baias, the law firm affiliated to PwC in Romania, have provided assistance to Italy’s Beltrame Group in the more

03.21.2022

The shares of Sphera Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, were included in the FTSE Global Micro Cap index. more

03.18.2022

DIGI Group, through the operations of telecommunications company RCS & RDS S.A. and of all its entities operating in Romania, paid RON172 million in taxes and duties to the Romanian state budget in more

03.16.2022

Italy’s Beltrame Group, a producer of steel bars and special steels, which also owns Donalam Calarasi steel mill, said it would invest over EUR250 million for the modernization of the special steel more

03.14.2022

Law firm PeliPartners has assisted Anchor Grup, the owner of shopping centers Bucuresti Mall and Plaza Romania, in contracting a loan of EUR80 million from lender Banca Transilvania, necessary to fund more

03.10.2022

The European Investment Bank (EIB) Group provided EUR907 million in 2021 for new investments across Romania. more

03.08.2022

Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended 2021 with profit before tax of EUR511.3 million, higher by 47.8% more

03.07.2022

Proinvest Group, a company specialized in steel products, has a EUR10-12 million investment budget for 2022, part of a long-term growth plan that started in 2021 and involves EUR100 million overall. more

03.03.2022

Online supermarket sezamo, part of Czech Rohlik Group, which will be inaugurated in Romania this spring, has announced the creation of some 1,000 jobs in its first year of activity on the local more

02.28.2022

BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, ended 2021 with a net profit of RON23.2 million, up 1.138% from the 2020 level, more