07.12.2016

Lithuanian real estate developer Hanner Holding bought the 11,000 sqm plot of land of former Grivita Brewery in Bucharest, Grozavesti area, for EUR5 million. more

03.30.2016

Energy Holding, a business built on strong political connections, which benefited from the cheapest electricity in Romania for a decade and had a client list that included Romania’s largest more

11.13.2015

The Bucharest Court of Appeals rejected the appeal filed by energy trader Energy Holding against the termination of the energy contract concluded with state-owned power producer Hidroelectrica, and more

09.11.2015

Romanian state-run energy holding Complexul Energetic Hunedoara may enter insolvency anytime, considering its difficult situation and the large number of insolvency requests, Energy Minister Andrei more

03.09.2015

VB Leasing Romania, which was taken over by Polish group Getin Holding in 2014, has changed its name to Idea Leasing, the brand under which the group operates in Poland, Russia, Ukraine and Belarus. more

02.12.2015

German-held building material producer HeidelbergCement, which controls Romanian cement producer Carpatcement Holding, reported improving EBITDA margins for Romania in 2014 owing to cost control. more

01.29.2015

Craiova-based rolling stock manufacturer Softronic has signed an agreement with Hungary’s LAC Holding to create a joint venture and begin production of locomotives in Hungary. Softronic will hold more

10.20.2014

Polish group Getin Holding will not change the name of VB Leasing Romania for a while but it is entitled by contract to change the leasing company's name whenever it may choose, VB Leasing general more

10.13.2014

MKB Bank, the Hungarian group that sold Nextebank to investment manager Axxess Capital this spring, has completely left Romania, following the sale of Corporate Recovery Management to APS Holding last more

10.10.2014

Polish group Getin Holding, which bought Romanian International Bank (RIB) last year, will increase the bank's share capital by 39.64 million lei (EUR9 million), to RON123 million, and will grant it a more

09.18.2014

The company did not mention the amounts assigned to the investments or the period of time until their completion.The five projects are Sanandrei Industrial Park, Swiss Park Giarmata, Swiss Village more

09.10.2014

Getin Holding completed Tuesday the transaction whereby it acquired VB Leasing Romania IFN and VB Leasing Poland from Austria’s VB-Leasing International Holding, after getting the approval of more

09.09.2014

Romania’s Competition Council said it approved the acquisition of VB Leasing Romania IFN and VBL Broker de Asigurare by Polish financial group Getin Holding which entered the Romanian market at the more

05.21.2014

The loan IFC, the World Bank’s investment arm, granted to Czech-held APS Holding for the takeover of NPLs in Romania is likely to be used by the company for the purchase of three or four portfolios, more

05.07.2014

Romania’s wine industry has managed to stand out from the other sectors of the economy by having entirely drawn the allotted European funds. Romania is Europe’s sixth largest wine maker and among more

04.29.2014

International Finance Corporation, the private sector lending arm of the World Bank Group, will provide up to EUR20 million to Czech distressed asset investment company APS Holding to co-purchase more

04.28.2014

Turkey’s Bozlu group last week officially launched, in northern Bucharest, a cancer treatment center called Neolife, a EUR15 million investment, out of which EUR10 million went into medical more

02.07.2014

Teodora Burz has spent the last eight years traveling to and from Romania, Italy, China and Turkey, where she has worked for foreign fashion brands. more

12.09.2013

Financial group Banca Transilvania holds 11.91% in Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz. more

11.04.2013

Polish financial group Getin Holding will acquire Romanian International Bank (RIB) in a move to expand its portfolio in the region, the group said in a statement Monday. more

10.22.2013

Romanian International Bank (RIB) will be taken over by Polish financial group Getin Holding, controlled by businessman Leszek Czarnecki, people close to the matter told Mediafax Tuesday. more

08.22.2013

Romanian Economy Ministry Thursday said that Turkish chrome producer Yildirim Holding Inc. is interested in investing in Romanian state-run copper producer Cupru Min Abrud. more

07.31.2013

Romanian state-owned hydropower producer Hidroelectrica has started legal proceedings against energy traders Alpiq Romindustries and Energy Holding claiming “several hundred million lei” for more

07.22.2013

Energy Holding, one of the best-known private energy traders on the Romanian market, says it had losses of 110 million lei (EUR25 million) last year. It explains this through the loss of its contract more

06.11.2013

Romania’s Competition Council said it has authorized the takeover of Termo Craiova which administers the heat distribution and supply in Craiova, southern Romania, by state-owned thermal power plant more