15 apr 2022

Romania’s new offshore law has been submitted to the Parliament on Friday, Energy Minister Virgil Popescu said. more

12 apr 2022

Nordis Group, a real estate developer of premium hotel and residential complexes, announced that it would start delivering the hotel and residential units in the first phase of the Nordis Mamaia more

11 apr 2022

Romania’s trade balance posted a EUR4.58 billion deficit during January-February period, up by EUR1.5 billion from the year-earlier period, data from the country’s statistics board INS showed on more

7 apr 2022

Arctic, the largest manufacturer of household appliances in Romania, has opened a regional spare parts hub near the Pitesti-Bucharest highway that will supply 23 countries, as part of the development more

7 apr 2022

AROBS Transilvania Software, a Romanian IT company controlled by Cluj entrepreneur Voicu Oprean, listed on the AeRO market of the Bucharest Stock Exchange under the ticker AROBS, has sealed a contract more

28 mar 2022

Romania’s Finance Ministry reopened a bond issue due in January 2028 and raised RON363.5 million from banks on Monday, RON163.5 milion more than the planned RON200 million, at an annual yield of more

28 mar 2022

Insolvency specialist CITR has sold RON13.15 milion (more than EUR2.6 million) worth of agro-industrial assets to Cerealcom Bacau, a member of the agribusiness group Pambac, the company part of the more

28 mar 2022

Technology start-up investment platform SeedBlink announces that it has opened its first branch outside Romania in Sofia, Bulgaria, as part of its expansion strategy. more

28 mar 2022

Romanian business managers for the March-May period expect moderate activity growth in the processing industry, in parallel with a steep price increase in industry, constructions and trade, while the more

24 mar 2022

Romanian businessman Iulian Dascalu, owner of Iulius Group, has started the licensing process of a mixed-use project near Romexpo in Bucharest, through the company Factory Business United held by more

22 mar 2022

Agroserv Mariuta, the Romanian company that owns Laptaria cu Caimac brand, ended 2021 with RON68.4 million turnover, up 40% from 2020 and net profit of RON1.7 million, from RON6.2 million losses in more

18 mar 2022

SIF Hoteluri, a company controlled by SIF Banat-Crisana, announced the company’s shareholders approved the sale of DoubleTree by Hilton hotel of Oradea, part of the company’s portfolio. more

9 mar 2022

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, reported RON58.7 million operating revenue in 2021, up 40% on the year, and net more

4 mar 2022

Packeta Romania, the local subsidiary of Czech-owned Packeta Group, a global digital platform for e-commerce, plans to reach a nationwide network of over 1,000 pick-up points this year, from 500 units more

4 mar 2022

Retail turnover, the main barometer for private consumption, in January 2022 posted a 5.3% increase in gross series against the year-earlier period amid rising sales of car fuel in specialized stores more

3 mar 2022

Emerson, part of US concern of the same name, active on the local market for over 15 years, signed a seven-year lease contract for 1,100-sqm office space in Bucharest’s Globalworth Campus C project. more

2 mar 2022

Agroland Business System, a Romanian retail, agriculture and food entrepreneurial group, which owns the biggest agricultural store network in Romania, for 2021 reported consolidated revenues of more

18 feb 2022

Agroland Agribusiness (AAB.RO), specialized in the sale of inputs for organic and conventional farming, part of Agroland group, for 2021 reported operating revenues worth RON32.3 million, up 75% from more

17 feb 2022

One United Properties, one of the leading green developers of residential, mixed-use and office real estate in Romania, has sealed a partnership with Veolia Romania Solutii Integrate (VRSI), part of more

14 feb 2022

Agroland Business System (AG.RO), a Romanian entrepreneurial farm supply retail and agri-food group, will be getting market making services from BRK Financial Group as of February 15, Agroland said in more

10 feb 2022

The retail market remained highly active in 2021, amid a return of consumer spending and developers delivered ten new retail projects by the end of the year, totaling an about 100,000 square meter more

10 feb 2022

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew to 3.53% a year on Thursday (Feb more

10 feb 2022

BRD-SocGen, the third largest bank on the Romanian market by assets, ended 2021 with a net profit of RON1.27 billion, up 34% on the previous year, while net banking income stood at RON2.95 billion, up more

9 feb 2022

Romanian-held cryptocurrency investment and digital asset management company Tradesilvania has recruited Mihaela Dragoiu, a former director with Romania’s National Office for Prevention and Control more

3 feb 2022

Retail turnover, the main barometer for private consumption, in 2021 increased by 10.1% in gross series against 2020, amid rising sales of non-food items (13.6% growth), car fuel in specialized stores more