19 mai 2022

Electronics retailer Flanco, the second largest player on this market in Romania, on Thursday said Laura Simion has taken over as head of its logistics division, starting May 2022. more

19 mai 2022

ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, has completed the acquisition of a 70% stake in Eco Euro Doors (EED). more

19 mai 2022

The Bacolux chain, held by Marius and Razvan Bazavan brothers, which includes the Diana and Afrodita hotels in Baile Herculane, will be opening the four-star Bacolux Koralio hotel in Eforie Nord more

19 mai 2022

TeraPlast Group has received the financing agreement through the state aid scheme for an investment of EUR11.2 million in a stretch film production facility. more

19 mai 2022

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 increased to 5.62% a year on Thursday more

18 mai 2022

The most sought-after positions, in terms of both jobs and reviews, on the Undelucram.ro platform are in the sectors of IT, retail, BPO, banking and Human Resources, according to Undelucram.ro data, more

18 mai 2022

SIF Hoteluri (CAOR.RO), a company almost entirely held by regional investment fund SIF Banat-Crisana (SIF1.RO), on Wednesday reported a net loss of almost RON760,000 for the first three months of more

18 mai 2022

The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising construction costs will change consumption consumer more

18 mai 2022

French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works on the Electroputere Mall which will enable the more

18 mai 2022

STK Properties, an investment vehicle founded by the STK Emergent investment fund, focused on the development of real estate projects in Cluj-Napoca, went public on Wednesday (May 18), on the AeRO more

18 mai 2022

Real estate company One United Properties, which develops residential, mixed-use and office real estate in Romania, on Wednesday said the One Herastrau Office office building has reached an occupancy more

18 mai 2022

Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova backed by a 368 million Euro long-term EIB loan. more

18 mai 2022

The Bucharest Stock Exchange announced that SMTLR01 pre-emptive rights issued for the share capital increase carried out by Simtel Team (SMTL) will start trading on Wednesday (May 18). more

18 mai 2022

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 increased to 5.57% a year on more

18 mai 2022

Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, on Wednesday said it received the approval for a project with European funds for Fabrica de more

17 mai 2022

Instant Factoring, the first Romanian startup providing online microfactoring for small and medium-sized enterprises (SMEs), and Romanian lender TechVentures Bank have concluded a partnership to more

17 mai 2022

Romanian managers’ confidence in the local economy has reached the highest level of the last two years, despite 76% of them expecting to be affected to a great extent by the war in Ukraine, and 40% more

17 mai 2022

The turnover of local freight carriers decreased marginally in 2020, by 0.7% compared to 2019, but remained 36% above the 2016 level, to almost RON66 billion, in line with a Keysfin analysis which more

17 mai 2022

The Bucharest National Airport Company (CNAB), which administers the Henri Coanda (Otopeni) and the Aurel Vlaicu (Baneasa) airports, on Tuesday said it registered a traffic of more than three million more

17 mai 2022

Local startup firm SenseTask, which developed a cloud artificial intelligence (AI)-based platform for document processing, has raised a seed funding round worth EUR215,000 in order to scale up the more

17 mai 2022

Telecom operator Digi Communications (DIGI.RO) on Tuesday reported revenue of EUR360.6 million on March 31, 2022, up almost 21% from RON297.9 million in the same period in 2021, as per calculations by more

17 mai 2022

Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended the first quarter of 2022 with profit before tax of EUR124 million more

17 mai 2022

The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise, according to the first EY European Bank Lending Economic Forecast. more

17 mai 2022

Telecom operator Vodafone Romania reported service revenue of EUR764 million for the fiscal year ended on March 31, 2022, lower by 0.1% than the level reported in the previous financial year, in line more

17 mai 2022

Only 5% of digitization projects completed, with application in the Romanian public sector, are actually used and continue to be developed and to benefit from maintenance services – as per an more