14 mai 2024

State-run nuclear power producer Nuclearelectrica ended the first quarter of 2024 with RON1.2 billion revenues, down 43.1% from Q1/2023, while net profit shrank by 26.5% to RON563.2 million. more

10 mai 2024

OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more

10 mai 2024

Private healthcare provider MedLife ended the first quarter of 2024 with pro-forma consolidated turnover worth RON647 million, up 22% from the year-earlier period, while net profit rose by 55.5% to more

10 mai 2024

OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly producing building materials, have signed an agreement more

10 mai 2024

Aerostar Bacau, a company that repairs and retools military aircraft, reported RON155.3 million turnover for the first three months of 2024, from RON124.7 million in the same period of 2023, the more

9 mai 2024

Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a RON200 million term deposit without auto-renewal option with Exim Banca Romaneasca. more

9 mai 2024

Law firm Filip & Company has assisted Centrokinetic network, specializing in orthopedy and medical recovery, aided in the deal by investment fund Agista as shareholder, in acquiring an almost 70% more

9 mai 2024

Aquila Part Prod Com, an entrepreneurial company providing distribution and logistic services for the consumer goods market, ended the first quarter of 2024 with 11% higher revenues than in the more

8 mai 2024

Building materials producer TeraPlast Bistrita, posted RON176.8 million turnover in the first quarter of 2024, up 20% from the year-earlier period, and narrowed losses to RON2.5 million, from RON2.6 more

2 mai 2024

Romania's foreign exchange reserves stood at EUR62.5 billion at the end of April 2024, lower by EUR1.7 billion compared with EUR64.2 billion on March 31, 2024, central bank data showed on Thursday more

2 mai 2024

BT Leasing Transilvania IFN, the financial leasing arm of Banca Transilvania group, ended 2023 with net individual profit of RON149 million, up 90% year-on-year, amid net interest income of RON166 more

2 mai 2024

Raiffeisen Bank Romania, the sixth largest bank by assets in Romania, ended the first quarter of 2024 with RON390 million net profit, down from RON414 million in the year-earlier period, as a result more

29 apr 2024

Meta Estate Trust, (MET.RO), a holding company in the real estate sector, has secured shareholder approval for distributing the 2023 profits as bonus shares to investors through a capital increase of more

29 apr 2024

The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The measure more

29 apr 2024

Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian more

26 apr 2024

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate will more

25 apr 2024

Romania's Finance Ministry raised RON1.39 billion from banks on Thursday (April 25), selling government paper in two auctions, at annual average yields of 6.24% and 6.82%, respectively. more

25 apr 2024

PepsiCo, a major player on the snacks and beverages market, has completed works to install over 3,000 photovoltaic panels on Dragomiresti, Popesti-Leordeni and Covasna plants, in the wake of a total more

23 apr 2024

Real estate developer Hagag Development has appointed Ana-Maria Nemtanu, who has 17 years of experience in the local real estate industry, director of leasing, a position from which she will be more

23 apr 2024

Demand for land considered strategic and available at lower prices than in a very active market is on the rise in Romania, and the trend is drawing the attention of major developers looking to cement more

23 apr 2024

Popeyes, the US restaurant chain that arrived in Romania in the spring of 2022, in a franchise system, will open a new unit in Pitesti, the first city the company has chosen to bet on locally after more

19 apr 2024

A multidisciplinary team of lawyers from Reff & Asociatii | Deloitte Legal and financial and tax consultants from Deloitte Romania assisted the owners of Expo Market Doraly, Gheorghe Iaciu and the more

19 apr 2024

ROCA Agri RDF, the agricultural holding company of ROCA Investments, has appointed Bogdan Vlad chief executive officer, after the end of the term of interim CEO Alexandru Savin, who will continue to more

19 apr 2024

Romania ended 2023 with a 5.6% unemployment rate (455,600 people), about the same as in 2022 and 2021, as the employment rate for people aged 20-64 stood at a 68.7%, an increase of 0.2% year-on-year, more

18 apr 2024

New car registrations in Romania declined by 10.1% in the first three months of 2024 against the same period of 2023, to 33,228 units, in line with data from the Romanian and European associations more