15 mai 2023

New loans granted by banks in Romania to consumers and companies stood at RON30.5 billion in the first quarter of 2023, an increase of more than 7.77% on the RON28.3 billion in the year-ago period. more

15 mai 2023

Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, in the first three months of 2023 generated RON7.3 million net profit, from net losses of RON10.9 more

15 mai 2023

Telecom operator Digi Communications reported total revenues of EUR394.9 million in the first quarter of this year, up 1.7% from the year-earlier period, while profit from continuing operations shrank more

10 mai 2023

Recruitment platform eJobs Romania in 2022 registered turnover worth almost EUR15 million and a number of 420,000 jobs posted, with this being the best year in the company’s history. more

10 mai 2023

Biosphere, a major producer and wholesaler of household, hygiene goods and professional products for the away-from-home segment of Eastern Europe and Central Asia, has acquired Alux plant specializing more

10 mai 2023

Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, reported individual turnover worth RON6 million in the first quarter of 2023, up 129% from the first more

9 mai 2023

Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to fund at more

9 mai 2023

Luxury watch retailer EraVault has opened its first store in Bucharest, in a EUR250,000 investment. more

9 mai 2023

Romanian investors have in the past five years purchased real estate properties worth EUR1.1 billion, accounting for 28% in the overall volume traded in this period, becoming the most dynamic buyers more

9 mai 2023

MedCity, a developer of buildings for the healthcare field part of SofMedica group specialized in medical equipment wholesale, has bought an over 1,000-sqm building in Timisoara from FF Group Romania, more

3 mai 2023

Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2 million more

3 mai 2023

Unirea Shopping Center, a company that manages two shopping centers in Brasov and Bucharest, for 2022 reported total turnover of RON57 million, up 13.5% year-on-year, and RON32 million net profit vs more

2 mai 2023

Distribution and logistics company Aquila Part Prod has budgeted EUR12.7 million investments for 2023. more

28 apr 2023

Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2023 with net profit worth RON562.7 million (EUR114.4 million), up 17.8% from the year-earlier period, owing more

28 apr 2023

The shareholders of national power grid Transelectrica have not approved the distribution of a RON0.71 gross dividend per share of 2022 profit, in line with the decision of the ordinary general more

26 apr 2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0274 units per euro in the next 12 months, while the anticipated rate of more

26 apr 2023

Arobs Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has entirely taken over Future WorkForce Global (FWF) group of Cluj-Napoca, specialized in providing more

25 apr 2023

Law firm Filip & Company assisted RCS & RDS S.A., part of the Digi group, in the signing of a senior loan facility agreement that consists of a term loan facility of EUR150 million, a revolving credit more

25 apr 2023

Andrei Sarbu, CEO and founder of real estate consulting firm SVN Romania, one of the largest real estate consulting firms in Romania and leader of the housing segment, with over 15 housing projects in more

20 apr 2023

Romania's Finance Ministry raised RON1.33 billion from banks on Thursday (April 20) selling government paper in two auctions at annual average yields of 7.32% and 7.43%. more

20 apr 2023

5 to go coffee shop chain, the largest such chain in Romania, has opened almost 50 shops since the beginning of the year and is to overshoot the 500 mark, almost half of which in Bucharest, the more

20 apr 2023

Poland’s Keno, one of the largest manufacturers and distributors of complete photovoltaic installations, has opened a subsidiary in Romania to distribute its own panel and heat pump brands in the more

20 apr 2023

Law firm Filip & Company assisted Alsendo, a Polish delivery management tech solutions provider in Central Europe held by private equity fund manager Abris, in the buying the majority stake in Ecolet, more

20 apr 2023

Brasov has become the biggest regional residential market in Romania after Bucharest-Ilfov and ahead of Timisoara and Cluj-Napoca in the first quarter of this year, real estate consultant SVN Romania more

20 apr 2023

Hermes Business Campus, an office project part of Hungary’s real estate investment fund Adventum Group portfolio since 2021, has obtained the “Excellent” rating according to BREEAM In-Use more