6 dec 2024

Romania's Constitutional Court has annulled the result of the first round of the country's presidential election, on Friday (Dec 6). more

6 dec 2024

Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment vehicle Qemetica US Silica LLC, USA, the activities more

6 dec 2024

Romania's economy inched 0.8% higher both in unadjusted data and seasonally adjusted data, in the first nine months of 2024 compared to the same period of 2023, provisional data from the country's more

5 dec 2024

BRD Groupe Societe Generale was designated "Bank of the Year in Romania" for the second consecutive year, during the ceremony organized on December 4, in London, by the British publication "The more

5 dec 2024

Meat processor Vanbet based in Vaslui (eastern Romania) ended 2023 with a turnover of RON445 million (nearly EUR90 million), up 11.9% from the RON397.7 million (EUR80.6 million) level reported in more

5 dec 2024

Car parts manufacturer Hella Romania, the local division of Germany's Hella, will be closing its center in Oradea (northwest Romania), as per data on the automotive market, which the company has yet more

5 dec 2024

Romanian do-it-yourself (DIY) retailer Dedeman, held by brothers Adrian and Dragos Paval, will be opening a new store on Dec 6, in the northeastern town of Pascani, Iasi County, following an more

5 dec 2024

Praktiker Real Estate, the property company owned by Turkish businessman Omer Susli, has completed the acquisition of the Muntenia Business Center office building, in central Bucharest, and the more

5 dec 2024

Amethyst Romania, the network of centers specializing in radiotherapy, will be opening two new centers in 2025, in Piatra Neamt and Satu Mare, respectively, in the wake of an investment of EUR10 more

5 dec 2024

ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, announces the appointment of Dennis Rijksen as the more

5 dec 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8% when adjusted for seasonality and number of working days, in more

4 dec 2024

Bihor-based builder Drum Asfalt, owned by Floare Petroi, ended 2023 with a turnover of RON404.5 million (EUR81.8 million), up 119% from the RON184.8 million (EUR37.4 million) level reported in 2022, more

4 dec 2024

New Kopel Car Import, part of Sixt Group Romania, has signed a contract of RON80.9 million (EUR16.2 million), VAT not included, with Oradea City Hall (northwest Romania), for the delivery of 30 BYD more

4 dec 2024

Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market on Dec 4, 2024 that the Iernut power plant in Mures County, a project worth EUR269 million for a more

4 dec 2024

Thinslices, a tech company established in Iasi, with operations in Berlin, Lisbon and London, has relocated its headquarters to the United Business Center 2 (UBC 2) office building within the Palas more

4 dec 2024

Romania's Competition Council has announced on Dec 4 that it authorized, with conditions, the transaction through which Delhaize “The Lion” Nederland B.V. (Mega Image) is taking over Profi Rom more

4 dec 2024

tbi bank, one of the leading challenger banks in Southeast Europe, has announced the appointment of Costin Mincovici, the bank’s Chief Credit Risk Officer, to the bank's Management Board. more

4 dec 2024

Romania's hourly labor costs adjusted to the number of working days climbed 3.18% in the third quarter of 2024 compared to the second quarter of 2024, data from the country's statistics board INS more

4 dec 2024

Seven out of ten companies in Romania (67%) expect an increase in impact of circular economy regulations from moderate over the last 12 months to high and very high in the next five years, as shown by more

3 dec 2024

Local construction company Concelex, held by Daniel Piturlea, expects to end 2024 with RON1.4 billion turnover and has budgeted an increase of at least 20% for 2025 against the backdrop of contracts more

3 dec 2024

Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, is finalizing an investment of approximately EUR3 million in 2024, which was financed with a bank loan and with the company's own more

3 dec 2024

Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has announced in a stock market report on Dec 3 the signing of a contract of RON250 million with Romanian natural gas producer and supplier more

3 dec 2024

The assets of the open-end investment funds managed by asset management companies in Romania touched a record high of RON26.4 billion at the end of October 2024, higher by RON7.2 billion or by 38% more

3 dec 2024

KoçZer, Türkiye’s leading procurement and sourcing management company, has officially announced in a press statement its entry into the European market with the establishment of its first more

3 dec 2024

Romania's Competition Council has approved the transaction through which Mini-Farm is acquiring 10 Tinos Farm pharmacies, located in Bucharest and Ilfov County, from entrepreneur Alex Ursulea­nu, the more