11.11.2021

Germany’s Allianz group, present in Romania through insurer Allianz-Tiriac, ended the first nine months of 2021 with EUR7.26 billion revenues, 38.9% higher than in the same period of 2020, and more

11.09.2021

Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), has started construction works at its new robotized distribution center located in Moldovenesti, close to the town of more

11.08.2021

Law firm Dentons has assisted Erste Group Bank, Raiffeisen Bank and Banca Comerciala Romana in concluding a RON750 million loan facility contract with Romanian energy supplier Electrica which will use more

11.05.2021

Real estate developer PSC Group, controlled by Cristi Pascu, is seeking land plots in northern Bucharest and partners to launch a large project that could include over 10,000 housing units and more

11.04.2021

An international group of investors buys 45% of the shares of Greek-held company SoftOne Group. The capital infusion is expected to also fund the company’s development overseas as the Romanian more

11.02.2021

Romanian BCR Group, owned by Austria's Erste, posted a net profit attributable to the majority shareholder of EUR195 million in the first nine months of 2021, up 38% year-over-year, Erste said in its more

11.01.2021

Alexandrion Group, the biggest alcoholic drinks maker domestically, with turnover worth almost RON1 billion in 2020, has launched Alexandrion Flavour on the Romanian market, including Alexandrion more

10.27.2021

Impetum Group is currently carrying out a new Confidex survey, which will feel “the pulse” of the economy in the second half of 2021. more

10.27.2021

In a period when small entrepreneurs were among those who needed support the most, it was not just e-commerce that has come to the rescue. In the domestic retail market there have also been big more

10.26.2021

TeraPlast Group on Tuesday reported a net profit of RON43.3 million for January-September 2021, up 41% on the year, a performance that reflects both the volume increases and the efficiency of the more

10.25.2021

Romania’s Competition Council has approved a transaction whereby Austria’s ALPLA Group, a world leader in the development, production and recycling of plastic packaging, acquires Wolf Plastics more

10.25.2021

The Bucharest Stock Exchange announced that the first bond issue of BRK Financial Group (BRK.RO), in the amount of RON25 million, would start trading on the Main Market on Tuesday (October 26), under more

10.15.2021

Dent Estet, the established market leader in the field of dentistry services in Romania, part of MedLife Medical System, has acquired the majority stake of 60% of the shares of Stomestet Cluj, one of more

10.05.2021

Romanian Superbet group, the largest sports betting and gaming business in Romania, is strengthening its top management team, by recruiting Adrian Comaneci for the position of Group Commercial Finance more

10.01.2021

The transaction whereby Duraziv, the largest independent producer of building materials in Romania, sold the entire package of shares to world leader Saint-Gobain was completed on September 30, 2021, more

10.01.2021

Norofert Group, Romania’s leading producer of organic inputs, on Friday announced the appointment of Marcel Caruz to the position of Chief Operational Officer (COO) of the company. more

10.01.2021

Real estate developer One United Properties, and Le Manoir Group, active in the field of fine gastronomy, have bought boutique hotel Carpathian Lodge Magura in Buzau, for EUR2.35 million. more

09.28.2021

Solina Romania, the former Supremia Grup, one of Romania’s biggest makers of food ingredients and spices, is set to finalize in October a EUR17 million investment in building a plant from scratch in more

09.28.2021

Sphera Franchise Group, owner of KFC, Pizza Hut and Taco Bell franchises, brought 112 workers from Sri Lanka to Romania in the first half of 2021 to set off the domestic workforce shortage. more

09.21.2021

French Accor Group continues the expansion of the ibis Styles brand in Romania, by opening a hotel in Brasov, held by Kronstadt Hotel and operated via a management contract. more

09.13.2021

An integrated team of transaction professionals of PwC Romania, and D&B David si Baias, the law firm affiliated to PwC in Romania, have provided assistance to the shareholders of Romanian software more

09.10.2021

The European Bank for Reconstruction and Development (EBRD) and financial and insurance group Eurohold Bulgaria, the owner of Euroins Insurance Group AD (EIG), have signed an agreement whereby the more

09.09.2021

Green Group, a group of firms active in the recycling sector and majority owned by investment fund Abris Capital Partners, has announced an investment of EUR12 million to install a production line for more

09.08.2021

Liberty Steel Group on Wednesday said it would invest RON31 million (EUR6.3 million) in a state-of-the-art coating line for use on pipes produced by its specialist unit, Liberty Tubular Products more

09.06.2021

Real estate developer Iulius Group, held by Romanian businessman Iulian Dascalu, is launching the Go Local program intended for small entrepreneurs in the regions where the Group is present with its more