16 dec 2024

Romanian corporate non-executive boards in Romania are falling behind global standards, with only 14% of board members believing that significant international experience is important, a stark more

16 dec 2024

The average budget for Christmas gifts in 2024 reaches RON700 at most for six in ten Romanians, similar with last year's budget, according to a nationwide survey carried out at the initiative of tbi more

16 dec 2024

Romania’s public debt, in both lei and foreign currency, stood at RON916.7 billion at the end of September 2024, which is nearly 17% higher since the beginning of 2024 and accounts for 53.1% of more

16 dec 2024

RIVUS, the industrial reconversion and urban regeneration project in Cluj-Napoca, developed by IULIUS and Atterbury Europe, an investment estimated at EUR500 million, will have Auchan as anchor tenant more

13 dec 2024

BT Property, an alternative investment fund specializing in real estate investments, has announced on Dec. 13 the acquisition of Oradea-based shopping center Prima Shops from Oasis Group, a local more

13 dec 2024

Banca Transilvania (stock symbol: BT) is lending EUR40 million to Omnia Europe SA (Omnia Romania), a leading corn starch producer and owner of the largest starch factory in Romania and southeastern more

13 dec 2024

Romania's current account deficit stood at EUR24.2 billion in January-October 2024, compared with EUR18.4 billion reported in the same period of 2023, considering that the deficit from the more

13 dec 2024

Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Dec. 13 that Mihai Marcu, the company's CEO and the largest individual shareholder, sold 1 million M more

13 dec 2024

Romania's industrial production increased by 6.2% in October 2024, in unadjusted data, compared to September 2024, and by 0.4% when adjusted for the number of working days and seasonality, data from more

13 dec 2024

In the third quarter of 2024, the employment rate for the working age population (15-64 years) was 63.3%, decreasing by 1.1 percentage points compared with the level recorded in the second quarter of more

13 dec 2024

Romania's Competition Council has approved the transaction through which Volta Grup S.R.L. plans to acquire Electrotehno S.R.L. more

12 dec 2024

German retailer Kaufland has inaugurated on Dec. 12 its second store in the town of Calarasi, reaching a network of 187 hypermarkets in Romania. more

12 dec 2024

While macroeconomic volatility is no longer a major challenge for investors globally, concerns about stability and predictability remain at the forefront in Romania, according to Daniel Anghel, more

12 dec 2024

Hidroelectrica (stock symbol: H2O), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, has announced in a press statement that it has signed a more

12 dec 2024

Romania's Finance Ministry raised EUR2.28 billion from banks on Wednesday (Nov 27), selling government paper in two auctions, at annual average yields of 6.49% and 7.19%, respectively. more

12 dec 2024

The company Unirii View S.R.L., part of Weerts Group and the developer of Bucharest-based office building Unirii View Tower, has accessed a credit facility of EUR29.5 million granted by lender Banca more

12 dec 2024

The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, more

12 dec 2024

Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has concluded a partnership with Cris-Tim Group through which the latter will see its own fleet expanding by more than more

12 dec 2024

The company Retele Electrice Romania, part Of PPC Group in Romania, has launched a RON23 million public tender, through the SEAP platform, aiming to acquire remote control peripheral units for medium more

12 dec 2024

Private healthcare network MedLife has announced in a press statement on Dec. 12 the official opening of MedLife Medici’s Hospital, a multidisciplinary unit that brings private medicine to a new more

12 dec 2024

PartnerVet, the main player in developing local veterinary services, announces the integration of Bucharest-based SpeedVet clinic into its network of partner veterinary clinics. more

12 dec 2024

The average net salary in Romania inched 0.8% higher in nominal terms in October 2024 compared to September 2024, to 5,268 (EUR1,059), data from the country's statistics board INS showed on Thursday more

11 dec 2024

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has announced that Leroy Merlin Romania, one of the leading players in more

11 dec 2024

Bacau-based Agricultorul, a grain and fertilizer trader, ended 2023 with a turnover of RON635.3 million (EUR128.4 million), up 19.1% from RON533.4 million (EUR108.1 million) reported in 2022, Ziarul more

11 dec 2024

Starting from December 11, 2024, DIGI is expanding its commercial operations in Europe and launching fiber-optic broadband internet, as well as mobile voice and data services in Belgium, according to more