02.19.2021

German Allianz Group, also present on the Romanian market, ended 2020 with total revenue of EUR140 billion, down 1.3% on the year, and an operating profit of EUR10.8 billion, down 9.3% on the year. more

02.18.2021

TeraPlast Group, with its two Plastics and Steel Divisions, exceeded the turnover of RON1 billion in 2020 and its net profit doubled, to RON79 million, company representatives said Thursday. more

02.16.2021

Grampet Group, the largest private rail freight and logistics operator in Romania and Central and South Eastern Europe, owned by Gruia Stoica, has bought the land hosting its Debreceni Vagongyár more

02.11.2021

Norway’s VARD Group, one of the major global designers and shipbuilders of specialized vessels, will integrate the shipyards in Braila and Tulcea into a single administrative entity, starting June more

02.01.2021

Companies in Romania may access financing in the field of leasing to continue and develop their activity, following a contract signed by the European Investment Bank (EIB) Group and Deutsche Leasing more

01.20.2021

Real estate consulting company CBRE has brokered the extension of the lease contract for a space of approximately 85,000 square meters occupied by Carrefour Group within the P3 Bucharest A1 industrial more

01.13.2021

Real estate developer Iulius Group is developing a new retail concept, Family Market, and will invest EUR16 million for two such projects in the city of Iasi and Miroslava, a neighboring township. more

01.07.2021

NN Group and the pension funds it manages have raised their holding in oil and gas company OMV Petrom (SNP.RO) to 5.03%, Petrom said in a stock market report Thursday. more

01.07.2021

UniCredit, Group, through the CEE Corporate Finance Advisory team, has advised Credit Agricole, the world’s ten largest bank by assets, on the sale of its Romanian operations to Vista Bank. more

01.07.2021

Sergiu Oprescu, executive president of Alpha Bank Romania, was appointed president of the holding that manages the international network of banks of Alpha Bank Group in Greece. more

01.06.2021

Alexandrion Group, the largest spirits producer in Romania by turnover, targets major investments in the hospitality industry, by acquiring several hotels in the next five years. more

12.29.2020

German DKV Group has acquired Arad-based Smart Diesel, the largest private filling station operator in Romania, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre. more

12.29.2020

Polish fashion brand Sinsay, part of LPP Fashion Group, has opened a mono-brand store in Botosani, within the Uvertura Mall shopping center, reaching a 25-unit network in Romania. more

12.29.2020

TeraPlast Group received the financing agreement for the project “Establishment of a new production unit for TeraPlast SA”; the project is worth EUR10 million in total and the state aid represents more

12.28.2020

Nova Power & Gas, a member of E-INFRA Group, on Monday announced the inauguration of a natural gas network in the town of Huedin (Cluj County). The investment in the first development stage of the more

12.17.2020

Building materials retailer MAM Bricolaj, held by the Gavan family, has acquired 50% of the shares of company Geomam Pal Group, for a total amount of RON825,000. more

12.11.2020

TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a producer and distributor of window profiles for thermal more

12.11.2020

Purcari Wineries Group completed on December 9 the sale of its holding in Moldova’s glass packaging producer Glass Container Group to Vetropack Group, for EUR7.22 million. more

12.10.2020

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, said Thursday it has opened a new KFC restaurant in Miercurea Ciuc. more

12.09.2020

Real estate developer Impact Developer&Contractor (IMP.RO) will benefit as of Dec 10 from the Issuer’s Market-Making services provided by SSIF BRK Financial Group, one of the most active brokerage more

11.27.2020

UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the third quarter of 2020, per its latest financial report. more

11.26.2020

Carmistin Group, specialized in the production, processing and sale of meat, has contracted a syndicated credit facility worth RON427 million (approximately EUR90 million). more

11.25.2020

Lawyers of PeliPartners law firm have assisted real estate developer Jupiter Group throughout the process of selling Jupiter City Shopping Center to Austria’s private real estate company Supernova. more

11.23.2020

Winemaker Purcari Wineries (WINE.RO) said it a stock market announcement that it had entered into a Market Maker agreement with BRK Financial Group (BRK.RO) for Market Maker services on the regulated more

11.20.2020

Organic fertilizer producer Norofert Group (NRF.RO) on Friday reported consolidated revenue of RON20.4 million for the January-September 2020 period, up 258% on the year, and a net profit of RON5.3 more