12.11.2024

Net investment in Romania's economy increased by 2.6% on the year in the first nine months of 2024, to RON130.953 billion, the country's statistics office INS has announced on Wednesday (Dec. 11), more

11.19.2024

Insulating panel maker Isopan ESt, with a plant in Popesti-Leordeni, ended 2023 with a turnover of RON469.9 million (EUR95 million), down nearly 15% from RON552.7 million (EUR112 million) reported in more

09.27.2024

Romanian startup Aysa.ai, a search engine optimization software dedicated to the e-commerce industry, has recently launched a new solution, called Adverlink.net, which operates as a marketplace more

09.11.2024

Net investments in Romania’s economy totaled RON80.2 billion in the first half of 2024, up 5.6% year-over-year, with the bulk of the mount going to the construction sector, holding a share of 40.6% more

06.12.2024

Net investments in Romania’s economy totaled RON34.6 billion in the first quarter of 2024, up 6.7% year-over-year, with new construction works accounting for 53.3% and purchases of machinery, more

05.15.2024

The average net salary in Romania increased by 6.3% in nominal terms in March 2024 compared to February 2024, to 5,185 (EUR1,043), data from the country's statistics board INS showed on Wednesday (May more

04.12.2024

The average net salary in Romania increased by 14.2% in February 2024 compared with February 2023 to RON4,876, data from the country’s statistics board INS showed on Friday, April 12, 2024. more

04.11.2024

Power Net Consulting, a company specialized in providing IT security, digitalization and IT infrastructure solutions, saw its turnover surge almost 300% in 2023, reporting again, after 13 years, a more

03.21.2024

The management of Infinity Capital Investments proposes the 2023 net profit of RON67.7 million be distributed to reserves, for own resources, to support future investments, based on a year 2024 full more

03.19.2024

OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3 billion. more

03.12.2024

Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12). more

02.12.2024

The average net salary in Romania increased by 6.6% in nominal terms in December 2023 compared to November 2023, to 5,079 (EUR1.036), data from the country's statistics board INS showed on Monday (Feb more

12.13.2023

The average net salary in Romania increased by 2.2% in nominal terms in October 2023 compared to September 2023, to 4,692 (EUR944), data from the country's statistics board INS showed on Wednesday more

12.11.2023

Net investments in Romania’s economy totaled RON118 billion in the first nine months of 2023, up 14.4% year-over-year, with new construction works accounting for 62.6% and purchases of machinery, more

11.15.2023

Drugmaker Zentiva (SCD) posted RON124 million net profit in the first nine months of 2023, compared with RON33.6 million in the same period last year, while revenue rose to RON684 million from RON538 more

11.14.2023

Infinity Capital Investments (SIF5 – formerly known as SIF Oltenia) had net assets of RON2.57 billion in January-September 2023, a record high of the last ten years, as per its financial report more

11.13.2023

The average net salary in Romania increased by 1.4% in nominal terms in September 2023 compared to August 2023, to 4,593 (EUR924), data from the country's statistics board INS showed on Thursday more

11.03.2023

Alpha Bank, a top ten lender by assets in Romania, posted EUR34 million net profit in the first nine months of 2023, while its assets reached EUR4.48 billion at the end of September, an annual more

09.11.2023

Net investments in Romania’s economy totaled RON70.051 billion in the first half of 2023, up 13.5% versus the same period of 2022, data from the country’s statistics board INS showed on Monday more

08.10.2023

OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted RON14 more

06.12.2023

Net investments in Romania’s economy totaled RON30 billion in the first quarter of 2023, up 13.6% versus the same period of 2022, with more than half being represented by new construction works, more

04.19.2023

Romanian conveyor belt maker Artego Targu-Jiu (ARTE.RO) has informed the Romanian capital market of the decision of the Ordinary General Meeting of Shareholders held on April 19, 2023 regarding the more

03.13.2023

Net Communications Systems, an IT company established in 2022, the first pandemic year, ended 2022 with a turnover of EUR1.2 million, up over 70% from 2021, and for end-2023 it targets a 30% increase more

02.20.2023

Andrei Savin, who was appointed chief executive officer of one of the leading providers of IT solutions and services in Romania, Net Brinel, early this year, was given a four-year term at the helm of more

01.30.2023

The net assets of the 240 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 1.3% in December 2022, to RON45.9 billion, and plunged by 14.4% since the beginning more