11.21.2024

Law firm Clifford Chance Badea has advised PPC Group in closing the EUR700 million transaction through which it acquired the Romanian renewable energy portfolio of Evryo Group, owned by Macquarie more

11.14.2024

Erste Group, the owner of Banca Comerciala Romana (BCR), said in a report released on Thursday (Nov 14) that it had lowered its full-year economic growth forecast for Romania to 0.8%, down from its more

11.11.2024

Greece's AKTOR Group of Companies sees Romania as a key market in the coming years and plans to boost its portfolio in the local market by participating in new infrastructure projects within its more

11.08.2024

Starting November 26, 2024, the shares of two new companies listed on the Bucharest Stock Exchange, namely Turbomecanica (stock symbol: TBM) and Prebet Aiud (stock symbol: PREB), will be included in more

11.06.2024

IKEA Romania has appointed two market managers for its Baneasa and Pallady Bucharest stores, overseeing other customer meeting points across the country, such as the order pick-up points and the more

11.05.2024

Distribution company Delgaz Grid, part of the E.ON group in Romania, on Nov 5 started modernization works at the Iasi Sud transformer station, a project worth a total of over RON73.3 million, of which more

11.05.2024

Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to UniCredit more

11.04.2024

PwC Romania has announced Ruxandra Tarlescu took over the leadership of PwC Romania’s Tax and Legal Department from Daniel Anghel, starting November 1, 2024. more

10.31.2024

One of the most twisted deals in the history of Romania’s telecom market, the sale of Telekom operations, has taken a completely unexpected turn: Vodafone Romania will participate in the deal for more

10.31.2024

Julius Meinl Romania, a major player on the premium coffee market, in 2023 registered turnover worth RON92.1 million (EUR92.1 million), up 21.4% from 2022, in line with ZF calculations based on more

10.30.2024

Polystyrene producer Austrotherm Romania, the local subsidiary of the Austrian group of the same name, for 2023 reported turnover worth RON177.5 million (around EUR35.9 million), down 29.9% from 2022, more

10.28.2024

A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings the more

10.25.2024

Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, reported turnover worth around RON297 million (EUR60 more

10.24.2024

Romania's Competition Council has announced on October 24 that it authorized the transaction by which the Kinstellar network of law firms, through Kinstellar SPARL, intends to take over Noerr more

10.24.2024

Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from more

10.22.2024

Maria Zoicas is joining ING Bank Romania as Head of the Human Resources Department, effective November 2024. more

10.22.2024

Romania had the third largest government deficit (- 6.5%) in the European Union (EU) in 2024, behind only Italy (-7.2%) and Hungary (-6.7%), according to data published by EU's Statistical Office more

10.21.2024

Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a meeting on December 11 to vote on approving the more

10.21.2024

Nestlé Romania reported solid organic growth of 5.7% for the first nine months of 2024, which reflects the team’s commitment to delivering high-quality products and meeting the evolving needs of more

10.18.2024

Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of Japanese group Fujikura, for 2023 reported turnover worth RON103.5 million (EUR20.9 million), up 3.85 from 2022, in more

10.17.2024

Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thursday more

10.17.2024

British software services company Endava has renewed the leasing contract for office space in UBC building, part of Iulius Mall Cluj development, for another five years. more

10.17.2024

A multidisciplinary team made up of Reff & Asociatii lawyers and Deloitte Romania financial and fiscal consultants have assisted investment fund SARMIS Capital in taking over the majority stake in more

10.17.2024

The Romanian banking system is undergoing a favorable period from the perspective of the main financial and prudential indicators, as it continues to boast solvency, profitability and balance sheet more

10.16.2024

IKEA Romania has announced its sales results for the fiscal year 2024 (September 1, 2023, to August 31, 2024), highlighting growth in both online and offline sales. more