28 feb 2024

Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, has exchanged a plot of land of 5,862 square meters for 50 apartments and 66 parking spots of 3,784 sqm from the more

28 feb 2024

Romania's car production returned in January 2024 to the level before the Covid-19 pandemic, for the first time in the last five years, as per data from the country's carmakers association ACAROM. more

28 feb 2024

Transavia, a leading poultry producer in Romania, which was founded 33 years ago by entrepreneur Ioan Popa, ended 2023 with a turnover of over RON1 billion (nearly EUR202 million) and expects its more

28 feb 2024

Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) reported net profit of RON16.2 million for 2023, down 76.3% vs 2022, and a turnover of RON477.1 million, down 74.6% on the year, in more

28 feb 2024

Arctic Stream (AST.RO), an IT infrastructure and security integrator, ended 2023 with a 35% increase in its net profit and a 54% surge in revenue versus 2022. more

28 feb 2024

Building materials holding Roca Industry (ROC1.RO) has announced in a stock market report on Tuesday (Feb 27) the transfer of its shares to the Main Market of the Bucharest Stock Exchange, starting more

27 feb 2024

Hungarian construction company Kesz, which has built several plants and real estate projects in Romania, is set to develop its first own residential project in Romania. more

27 feb 2024

Shipbuilder Santierul Naval Orsova has sealed a new commercial contract, worth EUR3 million, for the construction and delivery of a river vessel for Netherland’s Rensen-Driessen Shipbuilding. more

27 feb 2024

While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by 23%, more

27 feb 2024

Aro-Palace (ARO.RO), the company that manages two hotels in Brasov, reported net profit of RON35.2 million for 2023, compared to a loss of RON708,200 in 2022, and revenue of RON80.5 million, up 125% more

27 feb 2024

Cybersecurity company Safetech Innovations (SAFE.RO) reported a turnover of RON31.1 million, at an individual level, down 11% compared to 2022, and net profit of RON9.7 million, down 5% on the year, more

27 feb 2024

Romanian state-owned port operator Oil Terminal (OIL.RO) has budgeted net profit of RON15.7 million for 2024, up 9.8% from the net result anticipated for 2023, and also expects total revenue of more

26 feb 2024

Alexandrion Group, the largest producer and distributor of spirits and wines in Romania by turnover, has announced the signing of a joint venture with the casa tequilera ‘Casa Aceves’ based in the more

26 feb 2024

Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, reported a more

26 feb 2024

Revolut is entering the bank deposit market in Romania and rolling-out annual interest-bearing in-app savings accounts to its over 3.5 million customers in Romania. more

26 feb 2024

Building materials manufacturer TeraPlast Bistrita (TRP.RO) has announced on Monday (Feb 26) the conclusion of an issuer market maker agreement with Raiffeisen Bank International AG (RBI). more

26 feb 2024

Flanco, the second largest actor in Romanian computer and electronics retail, has extended the term of office as Chief Executive Officer (CEO) of Dragos Sirbu for four more years, until February 10, more

26 feb 2024

Romania's Finance Ministry raised RON580 million from banks on Monday (February 26, 2024) selling bonds with a nominal value of RON400 million due in 2034, at an annual average yield of 6.53%. more

26 feb 2024

The shareholders of Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Monday (Feb 26) designated the special administrator that will lead more

26 feb 2024

Softbinator Technologies (CODE.RO), a group of IT companies, reported consolidated turnover of RON32.2 million for 2023, almost flat on the year, and a net loss of RON5.2 million versus net profit of more

26 feb 2024

Hidroelectrica has announced on Monday (Feb 26) that it relaunched the tender for the re-engineering of the Vidraru hydropower plant, through the electronic public procurement system (SEAP), with the more

26 feb 2024

Concrete prefab manufacturer Prebet Aiud (PREB.RO) ended 2023 with net profit of RON906,400, lower than RON7.8 million reported for 2022, and a turnover of RON110.2 million, down 16.7% on the year, as more

26 feb 2024

Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of external more

26 feb 2024

tbi bank, a mobile-first challenger bank in South East Europe, has appointed Alex Garmash to the position of Merchant Ecosystem Leader. more

26 feb 2024

KADRA, the leading provider of integrated solutions for automation and access management in Romania, reported a turnover of RON62.5 million for 2023, up over 22% on the year, and its net profit is more