vineri, 15:14

Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a share repurchase program of maximum RON30 million in more

vineri, 14:40

The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75 million, per Labor Inspectorate data provided at the more

vineri, 12:52

UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the third quarter of 2020, per its latest financial report. more

vineri, 12:22

Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim platform, on Friday reported a turnover of RON804 million for January-September 2020, down 22% on the year, and a loss of more

vineri, 12:08

CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has acquired the Mobexpert warehouses at km 23, on the A1 highway, from more

vineri, 11:38

Food ordering and delivery platform foodpanda has expanded its operations to 19 new cities in 2020 and seeks to cover two other localities by the end of 2020, respectively Tulcea and Giurgiu, reaching more

vineri, 11:03

Holde Agri Invest, a Romanian company operating farmland, reported a consolidated turnover of RON26 million and a net profit of RON1.5 million for January-September 2020, and expects a turnover of more

joi, 15:18

Scandinavian furniture and home décor retailer JYSK Romania reported a turnover of RON612,5 million in 2019/2020 financial year, up 5.3% on the year, and a pre-tax profit of RON81,9 million, up 8.4% more

joi, 15:02

Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO, suspended from trading since February 2017), on Thursday said it had submitted its reorganization plan to the Mures more

joi, 13:38

By the end of the decade, a third of all new car sales worldwide will be electric, which would bring the total number of electric vehicles (EVs) sold in a single year to 31.1 million globally, ten more

joi, 12:20

Carmistin Group, specialized in the production, processing and sale of meat, has contracted a syndicated credit facility worth RON427 million (approximately EUR90 million). more

joi, 11:42

Tiriac Imobiliare has appointed real estate consulting firm Colliers with a view to obtaining the WELL Health-Safety certification for its mixed portfolio of projects, being the first real estate more

joi, 11:13

Electronics retailer Altex continues its expansion strategy across Romania, by opening a new store, in Calarasi, following an of EUR1 million. more

joi, 10:47

Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Thursday it recorded gross underwritings of EUR354.8 million in Romania in more

25 nov 2020

Lawyers of PeliPartners law firm have assisted real estate developer Jupiter Group throughout the process of selling Jupiter City Shopping Center to Austria’s private real estate company Supernova. more

25 nov 2020

Expo Market Doraly, one of Romania’s biggest shopping parks specialized in home items and food products, located in the township of Afumati (Ilfov county), will be hosting a new cash&carry store more

25 nov 2020

Nusco Imobiliara, a real estate developer held by the Nusco Family, has started a new residential project in Bucharest’s Pipera area, where it also has the Pinum showroom and a door factory. more

24 nov 2020

Romanian airline Blue Air on Tuesday said it would introduce daily flights on Bucharest (Romania) - London Heathrow (UK) route, starting December 1, 2020, due to increased demand. more

24 nov 2020

Nearly 650,000 square meters of warehouses, or 15% of the total, are unoccupied at present; the value of these unused spaces reaches approximately EUR6 million, which does not include the costs of more

24 nov 2020

Romania is represented with 58 companies, fewer by three firms than in the previous year, in a ranking of 500 largest companies in Central and Eastern Europe (CEE) by turnover in 2019, compiled by more

24 nov 2020

VTEX, one of the world’s leading e-commerce platforms, is accelerating its expansion in the region of Central and Eastern Europe (CEE) by concluding new partnerships in Bulgaria and Poland, which it more

24 nov 2020

Romania’s Fiscal Council says the macroeconomic scenario revised by the government, which envisages an economic contraction of 4.2% in 2020 and, despite being more adequate than the previous one more

24 nov 2020

The Romanian Government has approved the third budget revision of 2020, which is built on an economic contraction of 4.2% and a nominal gross domestic product (GDP) of RON1,050 billion. more

23 nov 2020

Car parts manufacturer Compa Sibiu (CMP.RO) on Monday reported a consolidated net profit of RON85,880 for January-September 2020, down 99.7% on the year, and a turnover of RON372.9 million, down 37.2% more

23 nov 2020

Austrian insurance group Uniqa, which owns general insurance company Uniqa Asigurari and life insurance company Uniqa Asigurari de Viata in Romania, on Monday reported gross underwritings of EUR70.2 more