18 apr 2022

Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, said in a statement that it put into operation two photovoltaic power plants, with a total installed more

18 apr 2022

Entrepreneur Horatiu Tepes, the owner of Brasov-based roofing systems maker Bilka, said the company’s RON245 million profit reported in 2021 will go into new investments. more

18 apr 2022

Companies based in capital Bucharest exported goods worth EUR12.5 billion in January-November 2021 period, accounting for 18.3% of Romania’s exports in the first eleven months of 2021, higher by more

18 apr 2022

The personal car remains the most used daily travel mode for 40% of Romanians, and 63% believe it will remain the preferred mobility choice in the coming years, according to “Deloitte 2022 Global more

18 apr 2022

More than 27,000 homes are currently under construction in capital Bucharest and its surroundings, being the largest number of housing units under construction in the region in the modern history of more

18 apr 2022

Romanian blockchain and artificial intelligence start-up Humans.ai has announced its listing on Liquid, the number one crypto-currency exchange in Japan, thus continuing its expansion on the East more

18 apr 2022

Business process outsourcing company CGS Romania Solutions has grown from 3,500 to 4,500 employees during the pandemic. more

18 apr 2022

International rating agency Standard&Poor’s (S&P) has affirmed Romania's sovereign rating at BBB-, in line with the other two major rating agencies and just above the investment grade lower border. more

15 apr 2022

Romania’s Competition Council has approved a transaction whereby integrated mobility services provider Autonom Services is acquiring Tiriac Operating Lease (Premium Leasing SRL), in line with a more

15 apr 2022

Freshful, an online hypermarket recently added to eMAG’s e-commerce platform group, has exceeded the threshold of 30.000 unique customers in the first six months of operations. more

15 apr 2022

Antibiotice (ATB), one of the most important Romanian generic drug producers, celebrates 25 years since its listing on the Bucharest Stock Exchange (BVB). The company’s shares have been trading on more

15 apr 2022

Lender OTP Bank Romania is launching a new funding solution for the local agribusiness sector, named “Ceiling for financing agricultural crops.” more

15 apr 2022

Fitch Ratings has downgraded Garanti Bank S.A.’s (GBR) Shareholder Support Rating (SSR) to ‘b’ from ‘b+’ and the GBR’s Long-Term Issuer Default Rating (IDR) was affirmed at ‘BB-‘ with more

15 apr 2022

Gral Medical Group, held by entrepreneur Robert Serban, plans to open a new oncology hospital in Prahova County, as well as new laboratories, and the total investment budget for 2022 stands at more

15 apr 2022

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank. more

14 apr 2022

Romania’s Finance Ministry reopened a bond issue due in July 2029 and raised RON579.4 million from banks on Thursday, above the planned level of RON300 million, at an annual yield of 6.68%. more

14 apr 2022

IT company Betfair Romania Development, based in the city of Cluj-Napoca, continues its growth plans on the local market, aiming to expand its team by 50% by the end of 2023 to reach the threshold of more

14 apr 2022

MERO, a Romanian application for beauty salon appointments, on Thursday announced the acquisition of Logbox, a management system for beauty salons in Romania. more

14 apr 2022

German-owned discount store chain Penny on Thursday said it ended 2021 with a turnover of RON5.39 billion, up 14% from 2020, and a net profit of RON123 million, up 44.8% on the year. more

14 apr 2022

Austrian real estate developer S Immo said in a statement on Thursday that it reached an agreement to acquire the office project Expo Business Park in northern Bucharest from Portland Trust. more

14 apr 2022

InteRo Property Development, a company held by the Topolinski Family of Canadian investors, plans to invest EUR54 million in two residential projects in northern Bucharest. more

14 apr 2022

Cybersecurity solutions producer Bitdefender has invested over EUR50,000 in upgrading a computer lab for the students of the Faculty of Automation Control and Computer Science within the Polytechnic more

14 apr 2022

Lender Banca Comerciala Romana (BCR) on Thursday announced the launch of the ADA chatbot, the virtual assistant that provides accurate and fast information for both retail and corporate activity. more

14 apr 2022

Bonapp.eco, a mobile application that aims to combat waste by connecting consumers with retailers that sell food and beauty products which are close to their expiration date, has expanded to more

14 apr 2022

PAID (the Pool of Insurance against Natural Disasters) Romania will grant dividends worth RON11.6 million to its shareholders for 2021, even though its shareholders include four bankrupt companies, more