17 oct 2024

The stock of industrial and logistics spaces in Romania is likely to overshoot 8 million square meters at end-2025, should the annual 500,000-sqm expansion pace maintain, is the conclusion of the more

17 oct 2024

A multidisciplinary team made up of Reff & Asociatii lawyers and Deloitte Romania financial and fiscal consultants have assisted investment fund SARMIS Capital in taking over the majority stake in more

15 oct 2024

The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September. more

15 oct 2024

Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of the main more

15 oct 2024

Cargus, a major player on Romania’s courier services market, has relocated its Targu Mures warehouse to a facility with an area of over 4,500 square meters, double the one of the previous location, more

15 oct 2024

Alexandrion group, the largest local spirits producer and a major player on the wine market, part of Nawaf Salameh Family Office, has appointed Jason Wischoff as Managing Director, Head of Franchise more

15 oct 2024

Law firm Filip & Company assisted eMAG Group in the sale of its entire stake in HCL Online Advertising, the company that operates Tazz platform, to Wolt, a Finnish company with operations in 28 more

14 oct 2024

Reff & Asociatii and Deloitte Romania assisted BLIK Romania, the local company set up by Polish provider of payment solutions Polski Standard Platnosci Sp. z o.o., which operates in Poland under BLIK more

14 oct 2024

Law firm Filip & Company assisted Romania Finance Ministry, together with law firm Anderson Mori & Tomotsune, in its first issue of Samurai green bonds on Japan’s capital market, totally worth 33 more

14 oct 2024

The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the more

14 oct 2024

Deichmann, Europe’s main footwear retailer, has sealed a leasing contract for 20,000 square meters of industrial spaces in ELI Park Bucuresti, a project part of the portfolio of ELI Parks, a major more

10 oct 2024

Employees are starting to gradually adapt to the pre-pandemic work patterns, so that over 82% of them believe they would not have any problem working daily in the office should employers decide this more

10 oct 2024

Foreign direct investments in Romania’s real estate and construction field in 2023 rose by EUR2.1 billion, holding the second biggest weight in the overall FDI at end-2023, namely 17.5%, reveal more

8 oct 2024

The overall turnover of companies holding the top ten spots in the National Ranking of Companies compiled by the Chamber of Commerce and Industry of Romania (CCIR) reached EUR270.56 billion in 2023, more

8 oct 2024

OMV Petrom, the second largest natural gas producer in Romania and the largest integrated energy producer in southeastern Europe, has expanded its natural gas supply activities to Bulgaria, starting more

7 oct 2024

Filip & Company assisted arrangers BT Capital Partners S.A., Citigroup Global Markets Europe AG, Erste Group Bank AG, J.P. Morgan SE, Raiffeisen Bank International AG and Unicredit Bank GmbH in the more

7 oct 2024

Deloitte Romania assisted Romanian entrepreneurial group Alfa Group in taking over the largest part of IRIDE Park project, located in northern Bucharest, together with another two nearby buildings more

7 oct 2024

The Turda plant has been authorized, the first testing lots have been manufactured and the production unit will most likely operate at full capacity at the end of October, Mihai Fugarevici, general more

4 oct 2024

Petru pastry shop chain currently operates 70 units in ten counties of Romania, but the company plans to expand further, both on its own and in a franchise system, so that the network should go beyond more

3 oct 2024

The number of new remote jobs on the market has declined in the past year, after during 2020-2022 period it had soared, reaching as high as over 10% of the total number of jobs posted in one year, more

1 oct 2024

RoPower Nuclear SA, the project company for the development of small modular reactors (SMRs) in Romania on the site of the former coal-fired powerplant in Doicesti, set up by Nuclearelectrica and Nova more

1 oct 2024

First Bank, part of Intesa Sanpaolo Group, has broadened its portfolio with the Instant Payments service developed by TRANSFOND, allowing for the interbank transfer of sums of up to RON50,000 in less more

30 sep 2024

Life Group, the brand under which dental clinics Life Dental Spa and VivoDental operate, has recently opened a kids’ dental center in Bucharest’s Dorobanti area and a clinic in Timisoara, in the more

27 sep 2024

Damen has signed a contract with the City of Toronto (Canada) for the delivery of two ferries that will carry passengers and vehicles between the downtown Jack Layton terminal and the Toronto Islands, more

27 sep 2024

CEC Bank Group in the first half of this year generated RON279.8 million net profit, with the Bank’s net profit reaching RON269.5 million. more