08.08.2024

The European Central Bank (ECB) and the National Bank of Romania (NBR) have agreed to renew a framework arrangement to provide euro liquidity to the latter via a repo line. more

08.08.2024

Telekom Romania Mobile, a mobile telephone company owned by Greece’s OTE group and Germany’s Deutsche Telekom, registered new revenue and client base declines and switched from profit to losses in more

08.08.2024

Tech company Cegeka Romania, the local subsidiary of Belgian IT group of the same name, plans to expand its footprint and product portfolio locally in the next three years, Ovidiu Pinghioiu, country more

08.06.2024

Orange Romania, the leader of the local telecom market, has announced the expansion of its 5G/5G+ mobile network to the town of Botosani. more

08.05.2024

Garanti BBVA, a bank part of Garanti BBVA Romania group, ended the first half of 2024 with net revenues worth RON319.6 million, up 30.6% from the year-earlier period, while net profit overshot RON78.2 more

08.02.2024

Alpha Bank Romania, ranked among Romania's top ten largest banks by assets, ended the first half of 2024 with net profit of EUR23 million, similar to the level reported in the same period of 2023, and more

08.01.2024

Benchmark Electronics Romania, specializing in the production of electronic equipment and subassemblies for electronic equipment, reported a turnover of RON687.6 million (EUR139 million) for 2023, more

08.01.2024

Flextronics Romania, the local subsidiary of the Singapore-based Flex Group (Flextronics), which manufactures components for communications, IT and medical equipment, ended 2023 with a turnover of more

08.01.2024

Romania's Competition Council is analyzing the transaction through which the Kinstellar Network, through Kinstellar SPARL, intends to acquire Noerr Romania which comprises SPRL Menzer & Bachmann – more

08.01.2024

The Filip & Company team has provided legal assistance to Banca Transilvania on closing its acquisition of OTP Bank Romania and OTP Leasing Romania. more

07.30.2024

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety more

07.29.2024

Economic analysts expect the inflation rate to go down over the next 12 months to reach an average of 4.6% in June 2025 and see the leu depreciating against the euro to RON5.0722//EUR in mid next more

07.29.2024

Sixty foreign direct investments were carried out in Romania in 2023, with the figure placing Romania ahead of Greece and Bulgaria, reveals EY Attractiveness Survey Romania 2024 study. more

07.26.2024

Automotive systems manufacturer Autoliv Romania will invest EUR3 million in a 5.7 MW photovoltaic project implemented by Allview Solar Energy, the green energy solutions arm of Visual Fan, in more

07.26.2024

Linde Gaz Romania, the local subsidiary of German-US industrial group Linde Plc, in 2023 reached turnover worth RON1.087 billion (EUR219.8 million), down around 5% from 2022, in line with ZF more

07.26.2024

Car parts producer Preh Romania, a supplier to Porsche, Mercedes or Tesla, in 2023 registered turnover worth RON1.388 billion (EUR280.7 million), slightly up, by 0.65% from 2022, in line with ZF more

07.26.2024

Hochland Romania, a major dairy producer locally, for 2023 reported turnover worth RON832.8 million (EUR168.3 million), up 14.2% from 2022, in line with ZF calculations based on Finance Ministry data. more

07.25.2024

Crayon Romania, a company specializing in professional IT services and software license resale, part of Norwegian group Crayon, ended 2023 with turnover worth above RON191.2 million (almost EUR38.5 more

07.24.2024

Orange group, the largest player on the local communications market, in the first six months of 2024 generated consolidated turnover worth EUR699 million, down 7.7% from the same period of 2023. more

07.24.2024

Packeta Romania, a global digital platform of e-commerce, member of Packeta Group, has extended its network of online stores and partner sellers to over 1,800, almost double from a year ago. more

07.24.2024

Ebm-papst Automotive & Drives Romania, present locally since 2017, with a plant in Oradea, part of German group Ebm-papst, a world leader in the production of electrical engines and ventilators, in more

07.22.2024

A team of PwC Romania mergers and acquisitions consultants advised the shareholders of Global Records group in the sale of a minority stake to global digital music company Believe. more

07.22.2024

Investment fund Catalyst Romania is strengthening its team with the appointment of two former investment CEOs, Andreea Pipernea and Nick Kovacs, as Senior Advisors. more

07.19.2024

Marian Gheorghe is joining the EY Romania team as Director of the Business Development Department. more

07.18.2024

Sennheiser International Manufacturing GMBH, the Romanian branch of German headphones and audio systems manufacturer Sennheiser, reported a turnover of RON384 million for 2023, higher by RON61 million more