12.23.2021

One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International for the more

11.23.2021

Romanian company ABN Systems International, owner of Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, reported total revenue of RON78.7 million (EUR15.9 more

11.01.2021

The Bucharest Stock Exchange on Monday said the bonds issued by Chronostyle International, the company that operates the Cellini stores, would start trading on Tuesday, November 2, 2021. more

10.14.2021

Domestic company ABN Systems International, owner of Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, wants to boost its exports and enter new markets, more

10.06.2021

Romania's food retail sector reached EUR19 billion in 2020, rising further despite the pandemic. The upward trend will continue, with the sector expected to grow on average 5% per year and reach EUR25 more

09.29.2021

Local company ABN Systems International, the holder of the Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, registered net profit worth RON2.4 million more

09.21.2021

The Avram Iancu international airport in Cluj-Napoca carried its 1,000,000th passenger on Tuesday, Sept 21, 2021. more

09.16.2021

Local company ABN Systems International, the holder of the Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, plans to list on the Bucharest Stock Exchange more

09.09.2021

Ramada by Wyndham Targu Jiu hotel, the first four-star hotel under an international brand in Gorj county, opened on September 1. Prices per overnight accommodation start from RON329, in line with more

08.26.2021

Despite the steepest crisis the hospitality industry is coping with, investors’ interest has not dwindled as they are betting on projects worth tens of million euros in this field. more

08.06.2021

In the first six months of 2021, international chains opened 170 units of the around 400 previously planned. Some networks are stepping up expansion in 2H to hit their target. more

07.23.2021

Evergent Investments (EVER.RO), the largest of the five regional financial investment companies by capitalization (RON1.3 billion), on Friday notified the Bucharest Stock Exchange it had sold its more

06.17.2021

Japan Tobacco International (JTI), one of the largest cigarette manufacturers in Romania, registered a combined turnover of RON6.3 billion (EUR1.3 billion) in 2020 for JTI Trading and JTI more

04.09.2021

Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, said in a stock market report Friday that it had received from KMG International NV, as its majority shareholder owing more

04.06.2021

Vivendi International Group has sold City Insurance Romania, the largest insurance company on the local market, to I3CP, a global investor based in the Netherlands, the insurer said in an announcement more

03.31.2021

Japan Tobacco International (JTI), one of the largest cigarette manufacturers in Romania, will invest EUR60 million in modernizing the production capacities of its factory in Romania. more

03.25.2021

Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of Bucharest to Zeus International Group, one of Europe’s fastest growing more

03.17.2021

Cargo and logistics company International Alexander based in Arad and founded in 2003 by entrepreneur Simion Apreutese, has acquired the operations in the Czech Republic and Romania of Brandl, a more

02.08.2021

International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said in a more

02.02.2021

Cargo transporter International Alexander Holding (IAH), founded in 2003 by Simion Apreutese and based in Arad, received antitrust clearance Tuesday to acquire Vio Transgrup based in Dambovita county more

01.11.2021

Rompetrol Well Services (PTR.RO) said Monday in a stock market report that KMG International, which owns 73% of its share capital, requested that issues regarding the dividend policy be included in more

12.15.2020

Laurentiu Duica, Partner & Head of Industrial Agency within real estate consulting firm Colliers International, believes Romania is halfway regarding the development of the logistics and industrial more

11.17.2020

Rompetrol majority holder KMG International, which owns the Petromidia refinery, announced Tuesday it intends to sell a range of non-core assets in Romania. more

08.03.2020

The total office space demand in capital Bucharest decreased by nearly 28% in the first half of 2020, to little over 124,000 square meters, while the new demand has halved, below 45,000 sqm, per data more

07.02.2020

Accor Group has signed a management agreement with Alexandra Residence Design to open a 144-room ibis hotel, by end-2022, in the vicinity of the future Terminal 2 of Henri Coanda (Otopeni) more