8 ian 2024

Cegeka Romania, the local subsidiary of Belgian IT Group of the same name, announced on January 8 that it appointed Lucian Popovici as the company’s new Director of Applications, company more

8 ian 2024

iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy. more

8 ian 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 3.8% in unadjusted data and by 3.3% when adjusted for seasonality and number of working days, in more

5 ian 2024

Romania's Competition Council said it was analyzing the transaction through which Intesa Sanpaolo intends to acquire First Bank Romania from US-held private investment firm J.C. Flowers, as announced more

5 ian 2024

Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, announced in a stock market report on January 5, 2024 that it signed five contracts with a combined value of more

4 ian 2024

Law firm Schoenherr si Asociatii SCA has advised Renovatio, an infrastructure asset owner, in a benchmark transaction with OMV Petrom, the largest integrated energy company in Southeast Europe, more

4 ian 2024

Visual Fan (ALW.RO), the company behind the Allview brand and one of the most important local suppliers of sustainable technologies and solutions for green energy production, has built two new solar more

4 ian 2024

The shareholders of Packeta Group, the parent company of the Czech tech-logistics company Zásilkovna, have agreed to sell a 100% stake in the Packeta Group to a consortium of CVC Capital Partners and more

4 ian 2024

Bittnet Systems has announced in a stock market report the signing of the closing certificate and supporting documents related to the transaction by which Bittnet group takes over 100% of Dataware more

4 ian 2024

Romania's Finance Ministry raised RON757 million from banks on Thursday (January 4, 2024) selling bonds with a nominal value of RON600 million due in May 2027, at an annual average yield of 6.3%. more

4 ian 2024

Distributie Energie Electrica Romania (DEER) has announced a project to implement a consolidated IT system and the planned upgrade works for SAP (Systems Applications and Products) systems. more

4 ian 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 2.6% in November 2023 compared to November 2022, data from Romania’s National Statistics more

4 ian 2024

Danube freight carrier Transport Trade Services (TTS.RO) has announced the completion of the project "Modernization of infrastructure in Giurgiu Port, the Ramadan area, wharves 1,2 – port platform, more

4 ian 2024

Alpha Bank Romania signed in December 2023 a partnership with the European Investment Fund (EIF) for the implementation of financial instruments such as portfolio guarantees. more

3 ian 2024

Chemical compound Chimcomplex (CRC.RO) has implemented the project “High-Efficiency Cogeneration Plant with a capacity of up to 8 MWe at Chimcomplex S.A. Borzesti – Ramnicu Valcea Branch” during more

3 ian 2024

CautCurier.ro, the last–mile delivery services platform launched in Timisoara (western Romania), has drawn an investment of EUR50,000 from non-profit o organization Make It Oradea. more

3 ian 2024

Nordis Group has inaugurated Nordis Mamaia Hotel 5 *****, the most important hotel investment in Romania over the last 30 years and the largest leisure hotel in Central and Eastern Europe. more

3 ian 2024

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has started 2024 at 6.21%, slightly lower more

3 ian 2024

New car registrations in Romania increased by 9.6% to 141,788 units in 2023, of which 45,280 were Dacia vehicles, 13% more on the year, in line with data from Romanian carmakers’ association ACAROM. more

3 ian 2024

Romania's foreign exchange reserves stood at EUR59.7 billion on December 31, 2023, up 1.48% from EUR58.8 billion on November 30, 2023 and up 28.1% from EUR46.6 billion on December 31, 2022, central more

29 dec 2023

Online retailer Elefant.ro, with bonds listed at the Bucharest Stock Exchange, has announced Thursday evening that Gherasim Briceag resigned from the position of Chief Financial Officer (CFO), more

28 dec 2023

The modern office stock in capital city Bucharest stands at 3.5 million square meters at the end of 2023 and almost half of the market consists of buildings over ten years old, with the rest being more

28 dec 2023

RCS Management, one of the vehicles through which billionaire Zoltan Teszari controls telecom giant RCS&RDS (Digi), will pay out interim dividends of approximately RON60 million to its shareholders more

28 dec 2023

Romanian executives forecast a period of relative stability in manufacturing industry, retail trade and services, in parallel with a moderate decrease in employee numbers in the construction sector more

22 dec 2023

Romania's state-run natural gas transmission company Transgaz (TGN.RO) wants to borrow EUR350 million from banks for natural gas infrastructure projects and therefore plans to resort to the services more