08.26.2020

Romania could see the biggest drop in new auto sales in Central Europe this year, of 24.3%, but the market is seen rebounding quickly to reach pre-crisis levels by 2023, according to the PwC Autofacts more

08.25.2020

Romania’s Financial Supervisory Authority (ASF) launched an open tender on August 14 for the acquisition of advisory services in order to assess the assets and liabilities on the local insurance more

08.24.2020

Sales of rice went up 4.5% in value to more than 650 million lei in Romania in 2019 and the top five companies in this business account for 72% of the market, market research company Euromonitor data more

08.20.2020

Companies in the IT&C sector were the active on the office space rental market in capital Bucharest, generating over 40% of demand in the first half of 2020, being followed by firms in the more

08.18.2020

Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year. more

08.13.2020

Romania’s property investment volume in the first half of 20202 amounted to EUR395 million, 17% higher on the year, and offices accounted for 88% of traded volume, real estate consultancy company more

08.06.2020

Romania’s real estate investment market reached a total EUR408 million in the first half of 2020, with office space transactions accounting for nearly 86% of the total volume, per analysts of real more

08.05.2020

Romanians subscribed over RON1 billion between July 15 and August 5 for general population government bonds that will be traded on the stock exchange. more

07.22.2020

Revo Technologies, a Russian fintech company operating under the Mokka brand and specializing in “Buy Now Pay Later” services, will enter the Romanian market in the second half of 2020, after more

07.22.2020

Romania’s sandwich panel market reached nearly EUR130 million in 2019, close to the 2007 level and 9% higher than in 2018, per data provided by officials of construction consulting firm Neomar more

07.17.2020

Romania ranks ninth in the European Union regarding the evolution of the main indices of capital markets at the end of the first half of 2020, the Bucharest Stock Exchange said in a statement Friday. more

07.15.2020

Romania’s construction market (building construction, civil engineering and special construction works) saw a 17% increase in turnover compared to 2017 and exceeded by nearly 30% the level recorded more

07.15.2020

Registrations of electric vehicles and hybrids in Romania continued to grow in the first six months of 2020, registering 3% growth, to nearly 2,900 units, as the overall auto market plunged 31%. more

07.14.2020

2Performant, a Romanian technology company specialized in e-commerce (electronic commerce) and digital marketing, has announced its intention to list its shares on the alternative trading system AeRO more

07.13.2020

The Central and Eastern European Region (CEE) may attract new production capacity as the global economy undergoes major changes in the pandemic context, according to a Colliers International report on more

07.01.2020

Romanian lender Banca Romana de Credite si Investitii (BRCI) is re-entering the financial retail market and opening its first new unit, in Galati. more

07.01.2020

The advertising market in Romania is expected to drop 9.8% this year, in line with the global average decline of 9.9%, according to estimates by GroupM Romania, a division of WPP. more

06.29.2020

The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the third quarter, more

06.24.2020

Following the recent transformations for companies’ safe return to the office, the office space market will have to continue to redefine itself in the coming period, to provide spaces that promote more

06.24.2020

MAM Bricolaj, a supplier of materials and accessories for furniture, held by the Gavan Family, seeks to list its shares on the Bucharest Stock Exchange this fall, by selling a 25% stake, and to more

06.18.2020

Organic fertilizer producer Norofert (NRF.RO) said Thursday it has opened a subsidiary in the United States in Ohio, Norofert USA, LLC. more

06.18.2020

The Romanian mergers and acquisitions market reached EUR815 million in 2019 in 50 deals whose value was disclosed, according to data from audit and consultancy company. more

06.16.2020

The hotel market could return to an occupancy rate of 50-60% for hotels operated by recognized brands towards the end of the year, in a scenario in which the epidemiological context remains stable or more

06.15.2020

The total trading value for equities and other financial instruments listed on the regulated market of the Bucharest Stock Exchange amounted to RON5.29 billion (EUR1.1 billion) in the first five more

06.15.2020

German-owned discount retail chain Penny Market reported a turnover of RON3.96 billion for 2019, up 15% on the year, while its net profit grew 53%, to RON55.15 million. more