01.31.2022

Serge Offers will take over the position of Head of Business Banking and Deputy CEO of lender ING Bank Romania starting February 1, 2022. more

01.31.2022

Law firm Filip & Company has provided legal assistance to Romania’s Ministry of Finance alongside law firm Linklaters in an early repurchase and partial switch of three series of U.S. more

01.31.2022

Poland’s startup merXu, an online B2B trading platform for Central and East European companies, has come to have almost 1,000 companies in Romania registered on the platform in around 3 months since more

01.28.2022

CEOs in Central and Eastern Europe (CEE), including Romania, are now looking to markets closer to home for potential expansion and growth opportunities, according to PwC’s CEO Survey 2022 for the more

01.28.2022

Brick Romania, a local DIY and home improvement retailer based in Constanta, wants to expand across Romania, including in capital Bucharest. more

01.28.2022

A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and is more

01.27.2022

ING Bank Romania has granted the second loan facility of RON10 million (EUR2 million) to the company Agrinvest Credit IFN specialized in financing the Romanian agricultural sector. more

01.26.2022

The Romanian real estate market has enough resources for a strong pick-up in activity in 2022, subject to how the pandemic will evolve, as well as other new themes, Colliers consultants predict. more

01.26.2022

Disney Plus, the streaming service of The Walt Disney Company, has confirmed its launch in 42 countries in Europe, Africa and Asia, including Romania, starting summer 2022. more

01.26.2022

Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a monthly more

01.25.2022

Software services company Qualysoft Romania recorded an increase of over 85% in turnover and of 40% in profit in 2021, exceeding initial predictions, the company said Tuesday. more

01.25.2022

Carrefour Romania on Tuesday said Gabriela Stanica took the helm of its E-commerce Department, being appointed to the position of Chief Information, Data Officer and E-commerce Director, after the more

01.25.2022

Reynaers Aluminium Romania, the local division of Belgian Reynaers Aluminium, developer of aluminum products for the building sector, envisages an increase of at least 10% in turnover in 2022, more

01.20.2022

The Romanian banking sector saw its profitability fall to 8.26% in 2020, from 11.06% in 2019 due to the pandemic, being the first time the local banking sector profitability was below 10% in the last more

01.20.2022

Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening its first store in Romania, within ParkLake Shopping Center in capital Bucharest, until the more

01.18.2022

Real estate consulting firm JLL has announced a new addition to the local team of Tétris Romania by recruiting Vlad Stanislav as Managing Director. more

01.17.2022

Heineken Romania appointed Gheorghe Andresz to the position of Sales Director starting January 1, 2022. more

01.12.2022

Romania’s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June 2021 forecast by 0.2 percentage points, according to the World Bank's Global Economic Prospects report more

01.11.2022

Romania needs to raise RON145 billion from the domestic and international markets this year to fund its budget deficit and refinance previous debt, considering its projected budget gap of 5.84% of GDP more

01.11.2022

PayU, eMAG and Alpha Bank Romania extend the Instant Money Back service to Hungary so that eMAG clients who make online payments with a saved card and make a return can receive the value of the more

01.10.2022

Romanian state-owned gas natural transmission company Transgaz (TGN.RO) has concluded a contract of RON262 million for the procurement of natural gas necessary to cover the company’s technological more

01.10.2022

Emma Zeicescu, a journalist with 21-year experience, takes over the position of communications manager at Philip Morris Romania. more

12.30.2021

Unilever has invested more than EUR120 million in Romania over the past 30 years, since the group's first products entered the local market, says Romanian executive Ana-Maria Paslaru, who became more

12.29.2021

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, on Wednesday said it increased its share capital for the second time in 2021, by over RON200 million. more

12.27.2021

Booking Holdings Romania, a company established in July 2021 by Booking Holdings, has received a capital increase of RON22 million ($5 million) from its sole shareholder, according to Trade Register more