12.08.2023

After praising Romania’s efforts for economic growth in 2023 and fiscal attempts to reduce the budget deficit, the International Monetary Fund (IMF) states in a report on this year’s conclusions more

12.06.2023

Affidea Romania, the biggest player on the medical imaging services market, has bought Odelga clinic of Bucharest, an imaging center located within Bucharest Oncology Institute. more

12.04.2023

The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022. more

11.29.2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has announced in a stock market report on Nov 29 that it has entered into a partnership with Vulcangas Romania for opening more

11.28.2023

Germany’s Hella, a car parts supplier part of global group Forvia, has expanded the area leased in ElectroPutere Parc by around 1,300 square meters, to a total of 8,000 square meters. more

11.28.2023

China-held OPPO, one of the world’s biggest players on the smartphone market, which entered Romania market in 2020, reached a 5-6% share of the local smartphone market in the first ten months of more

11.28.2023

Eldrive Romania, the company owning the charging station network of the same name, has installed 13 new EV charging stations at AFI Cotroceni mall and another 16 inside the parking lot of more

11.27.2023

PayPoint continues to develop the digital payment segment and announces a new partnership with Meridian Taxi, one of the most important taxi companies in Bucharest, company representatives said in a more

11.27.2023

Romania's eastern city of Iasi will be attracting private real estate investments of EUR500 million in the coming years, which will add to public infrastructure projects worth EUR1.2 billion announced more

11.27.2023

Romania is emerging as a major regional distribution hub, especially in southeastern Europe and the stock of logistic spaces is likely to top 10 million square meters by the end of this decade, from 7 more

11.27.2023

GLS General Logistics Systems Romania, part of the group of the same name, controlled by Britain’s Royal Mail, in 2022 registered turnover worth RON346.3 million (EUR70.2 million), up 2.8% more

11.24.2023

Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average value of more

11.23.2023

The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter. more

11.22.2023

Bittnet Systems has announced that the Education pillar of Bittnet Group has been chosen as one of the partners of the Authority for Digitization of Romania (ADR) within the Competences in advanced more

11.20.2023

Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's western city of Timisoara. more

11.20.2023

Prysmian Romania, one of the leading cable manufacturers in the country and in Europe, has appointed Daniela Burca as Chief Operating Officer of the company. more

11.16.2023

Holcim Romania, one of the largest producers of construction materials in Romania, has completed an investment of over EUR15 million to increase by nearly 45% the production capacity at its autoclaved more

11.16.2023

The European Commission forecasts, in its autumn economic report for Romania, that the real GDP growth is expected to slow to 2.2% in 2023 due to high inflation limiting disposable income, restrictive more

11.15.2023

Romania is represented with 60 companies in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2022 financial data, placing the country more

11.13.2023

Romania produced 4.4 million hectoliters of wine in 2023, 15% more than in 2022 and 4% more than the average of the last five years, consolidating its position as the sixth largest wine producer in more

11.13.2023

OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more

11.09.2023

Porsche Engineering, a wholly-owned subsidiary of Porsche and a technology service provider, has signed a cooperation agreement with Politehnica University of Timisoara. more

11.07.2023

Affidea Romania, the largest player on the medical imaging, outpatient and treatment services market, has acquired the Biomed Scan medical centers in capital city Bucharest. more

11.06.2023

International rating agency Moody’s Investors Service (Moody’s) has affirmed the Romanian Government's long-term Issuer and Senior Unsecured Ratings at Baa3 and has also affirmed the Senior more

11.06.2023

Romania’s e-commerce market will maintain its growth pace, being strongly supported by the yearend, according to the representatives of PayU GOP Romania, a major online payment services provider more