29 apr 2025

Libra Internet Bank, part of US investment group New Century Holdings, in 2024 generated net profit of above RON270 million, 14.8% lower than in 2024, mainly on the introduction of the turnover tax. more

28 apr 2025

The Macroeconomic Confidence Index of CFA Romania Association in March rose by 7.3 points to 43.9 points, exclusively on the increase of the anticipations component of the index, while the current more

25 apr 2025

Population and company deposits in March 2025 hit a total of RON629 billion, up 7.9% from the same period of 2024 (2.9% in real terms), after local currency deposits rose by 7.3% and foreign currency more

25 apr 2025

Romania private lending in March 2025 registered a 9.2% increase from the year-earlier period, to a total amount of RON423 billion, after RON-denominated loans went up by 10.9% and foreign currency more

25 apr 2025

Rompetrol Rafinare has announced it will restart the Low Density Polyethylene (LDPE) unit at the beginning of May amid rising demand for petrochemical products. more

24 apr 2025

The number of Revolut retail customers in Romania increased by 28% to 4.3 million in 2024, Revolut said in a statement. more

24 apr 2025

Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and occupancy rate, while the daily average tariff exceeded the more

24 apr 2025

Law firm Schoenherr has assisted Greek group Eurobank in completing the deal with APS Group for the sale of IMO Property Investments Bucharest. more

23 apr 2025

US restaurant chain Popeyes will open a new unit in May in Bucharest, in shopping center Mega Mall, and will reach seven units in the capital city. more

23 apr 2025

DVI Production, a company that owns Fortem brand, is set to open in Iernut, Mures county, a BCA (autoclaved cellular concrete) plant with a production capacity of 2,000 cubic meters daily, the largest more

22 apr 2025

French-held Chemins de Fer Départementaux (CFD) has sold 76% in Petroutilaj-3DRD, a Romanian company with a long history in the local railway industry, to Train Europe of Hungary, following a sale more

22 apr 2025

The Competition Council has authorized the deal whereby Altex Romania bought the local operations of DIY retailer Brico Depot from UK’s Kingfisher for EUR70 million (enterprise value, debt included) more

22 apr 2025

4finance Holding S.A. has sealed a definitive agreement for the sale of TBI Bank EAD to Advent International, a leading global private equity investor. more

22 apr 2025

BICO Industries, a building materials manufacturer controlled by ROCA Industry holding with 60%, has signed a financing contract with the Environmental Funds Administration (AFM) for the financing of more

16 apr 2025

PartnerVet group, held by Romanian entrepreneur Ferenc Korponay and the Dragic family, announces integration of verterinary clinic Animal Care Center (ACC) in Constanta in its partner clinic more

16 apr 2025

Romania car production in the first three months of 2025 declined by 11.2% from the year-earlier period, to a total of 135,723 units, of which Automobile Dacia manufactured 75,812 cars and Ford Otosan more

15 apr 2025

Real estate consultancy Colliers has been designated to manage Victoria Center office building of downtown Bucharest, a project that was in early March acquired by Solida Capital, a company founded in more

15 apr 2025

Retele Electrice Romania, part of PPC group in Romania, has launched on SEAP platform a public tender with a maximum level of almost RON180 million (VAT not included) for works related to client grid more

14 apr 2025

Real estate developer Hagag Development Europe, held by businessman Yitzhak Hagag, has signed a partnership agreement with investment group Niro Investment Group to buy 50% in the H Herastrau Park more

10 apr 2025

Investment group Vectr Holdings, owner of World Class Romania, is cementing its footprint on Romania wellness market by launching Befit brand, positioned on the affordable segment of the Romania more

7 apr 2025

Liberty Galati, the largest integrated steel producer in Romania, is likely to restart its primary production operations on April 22, as announced by Cornel Moisescu, the new Head of Primary at more

7 apr 2025

App Town, a real estate company founded by entrepreneur Claudiu Diaconu, is investing EUR15 million in a housing project, App Town Exclusive by Ima Residence, located close to Pipera-Aviatiei business more

7 apr 2025

Romania merger and acquisition market posted 57 deals in the first quarter of this year, up 8% from Q1/2024, but by value declined by 30% to EUR968 million, in line with data analyzed by PwC Romania. more

7 apr 2025

BSOG Energy, a company owned by Black Sea Oil & Gas specialized in the development of biomethane production projects in Romania, and entrepreneurial company Unigrains Trading, controlled by Theodor more

4 apr 2025

International Finance Corporation (IFC), a World Bank member, is supporting a $42 million equivalent debt financing package to Agricover Credit IFN, Romania’s largest non-banking financial more