05.18.2017

Next Capital registered a 15% increase in the volume of receivables managed through factoring operations on the year in January-March 2017, to nearly RON25 million. more

05.15.2017

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11.09.2016

Swiss MET Group has completed the acquisition of the operations of electricity supplier Repower in Romania, the companies said in a statement. more

07.29.2016

Bucharest Stock Exchange and Central Depository have announced the possibility to carry out lending and borrowing operations, short selling and buying on margin operations starting August 2, in a new more

07.26.2016

Swiss energy group Repower has sold its Romanian operations to Swiss MET Group specialized in trading power, natural gas and oil products. more

03.31.2016

US-based provider of cloud-based unified communications and contact center solutions 8X8 opened Thursday, in Cluj-Napoca (northwestern Romania), its first operations center in Eastern Europe, lured by more

03.17.2016

UniCredit, ranked among the five largest lenders in the Romanian banking system, registered a record volume of factoring operations in 2015, of EUR886 million, 32% more than in 2014. more

01.28.2016

Card operations using bank cards issued by Visa increased by 13% in the fiscal year ended September 2015, to EUR24 billion, while card payments to merchants rose 20% given a 22% increase in POS more

01.25.2016

Malta-based company Premier Capital will pay $65.33 million for the acquisition of McDonald’s Romania operations, in a transaction that includes all the 67 McDonald’s restaurants, the 19 McCafé more

07.27.2015

Romanian Adrian Pascu will take over as general manager of Danone in South-Eastern Europe, replacing Dieter Schulz whose three-year term ended. more

07.22.2015

The operations of nuclear power producer Nuclearelectrica (SNN.RO) will not be impacted by the decrease of the level of the Danube river this summer, and the two reactors of nuclear power plant in more

06.29.2015

Greek-owned lender Piraeus Bank announced Monday capital controls imposed on Greek banks do not apply to the Romanian subsidiary, nor are its operations limited in any way. more

06.16.2015

Oil company Petroceltic International sold its assets in Romania, through which it held operating licenses for two blocks in the Black Sea, to company GVC Investment. more

02.03.2015

Card operations using bank cards issued by Visa increased by 9% in the fiscal year ended September 2014, to EUR21 billion, while card payments to merchants exceeded EUR10 million daily, given a 12.4% more

02.02.2015

Tobacco company Philip Morris International has put Danish Steen Hjortholm in charge of its operations in Romania. more

09.25.2014

Romanian authorities encourage Italian utility group Enel to stay on the local market and guarantee a friendly and transparent business environment, said Gabriel Dumitrascu, head of the privatization more

09.09.2014

Czech utility giant CEZ will consolidate its Romanian operations and will not exit the market even if it does sell its wind parks in the southeastern region of Dobrogea, but is not interested in more

07.18.2014

Greek refrigerator equipment maker Frigoglass Friday announced the integration of its Turkey – based manufacturing volume into its European flagship plant in Timisoara, Romania, by the end of the more

04.30.2014

Consumer lender Provident Financial Romania has appointed Bogdan Matei as director of operations, replacing British Neil Dalgliesh. more

03.18.2014

Romania plans to set off a program aimed to improve the operational efficiency of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN), Minister-delegate for Energy more

02.12.2014

German do-it-yourself group Praktiker has been in talks for several months with Turkish businessman Omer Susli to sell its Romanian operations. more

11.28.2013

U.S giant Intel, the world’s largest chip maker, has expanded its operations in Romania to the northwestern city of Cluj, after it completed the acquisition of educational software developer Kno, more

04.07.2013

The Romanian units of Bank of Cyprus will remain closed for two more weeks, until April 22, pending sale negotiations that start Monday, April 8, the bank said in a statement Sunday. more

03.29.2013

Michelin has decided to reorganize its commercial operations in Central and Southern Europe and will make Bucharest into its regional center as of January 1, 2014, supervising operations in Hungary, more

12.12.2012

US-held Emerson has recruited about 600 people for its plants in the Tetarom II industrial park in Cluj (NW Romania), where it currently employs 1,500 people. more