12.18.2024

The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18). more

12.18.2024

Fitch Ratings has revised the Outlook on Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, and affirmed the IDR at 'BBB-'. more

12.17.2024

DTEK Renewables International (DRI), headquartered in The Netherlands and part of Ukrainian energy group DTEK, has signed a new financing agreement of EUR24.7 million with Kommunalkredit Austria AG more

12.17.2024

Carrefour Romania will end 2024 with a network of 178 Express units nationwide, after opening 16 integrated stores and six franchise stores. more

12.16.2024

Gerasimos Contoguris took over the role of Director of People & Culture at Philip Morris Romania, starting November 2024. more

12.16.2024

Almost one years since its arrival on the Romanian market, Turkish online retailer Trendyol has attracted 1.2 million buyers who have logged at least one order and delivered more than 11 million items more

12.13.2024

Banca Transilvania (stock symbol: BT) is lending EUR40 million to Omnia Europe SA (Omnia Romania), a leading corn starch producer and owner of the largest starch factory in Romania and southeastern more

12.12.2024

The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, more

12.12.2024

The company Retele Electrice Romania, part Of PPC Group in Romania, has launched a RON23 million public tender, through the SEAP platform, aiming to acquire remote control peripheral units for medium more

12.11.2024

Romania's Competition Council is looking into the transactions through which Vodafone Romania S.A. intends to take over Telekom Romania Mobile Communications S.A., and Digi Romania S.A. will acquire more

12.11.2024

Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan from the Black Sea Trade and Development Bank (BSTDB). more

12.05.2024

Car parts manufacturer Hella Romania, the local division of Germany's Hella, will be closing its center in Oradea (northwest Romania), as per data on the automotive market, which the company has yet more

12.05.2024

Praktiker Real Estate, the property company owned by Turkish businessman Omer Susli, has completed the acquisition of the Muntenia Business Center office building, in central Bucharest, and the more

12.05.2024

Amethyst Romania, the network of centers specializing in radiotherapy, will be opening two new centers in 2025, in Piatra Neamt and Satu Mare, respectively, in the wake of an investment of EUR10 more

12.05.2024

ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, announces the appointment of Dennis Rijksen as the more

12.05.2024

The Macroeconomic Confidence Index of CFA Romania Association plunged in November by 13.5 points to 31.4 points, the lowest level since July 2020, shows the association’s latest survey. more

11.29.2024

Russian cybersecurity solutions provider Kaspersky decided on September 1 to close its company in Romania, which it had established 16 years previously, according to a document published in the more

11.29.2024

The electricity distribution companies Reţele Electrice Muntenia, Reţele Electrice Dobrogea and Reţele Electrice Banat, part of the PPC Group in Romania, are merging under the name Reţele more

11.29.2024

Romanian authorities issued 3,165 residential building permits in October 2024, 9.3% fewer than in September 2024 and 5.4% more than in October 2023, data from the country’s statistics board INS more

11.28.2024

CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a real GDP more

11.26.2024

Sanitary ware manufacturer Cersanit Romania, held by Poland’s Rovese group, for 2023 reported a turnover of RON160.6 million (nearly EUR32.5 million), down 21.9% from RON205.8 million (EUR41.7 more

11.26.2024

Polish-held rolling stock producer PESA will deliver the first trains to Romania in mid-2025 and start the homologation process with the Romanian rail watchdog AFER. more

11.25.2024

HORSE Romania, a unit of Horse Powertrain, has reached a total of 2,600 employees via its locations in Mioveni, Titu and Bucharest. more

11.25.2024

Agrii Romania, a fertilizer producer and farming input wholesaler owned by Irish group Origin Enterprise, has invested EUR3.5 million from own funds in two repacking lines at its Timisoara plant. more

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