3 mar 2025

Romania's foreign exchange reserves stood at EUR62.5 billion at the end of February 2025, higher by EUR1.75 billion than the EUR60.8 billion level reported on January 31, 2025, Romania’s central more

3 mar 2025

Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha Services and Holdings S.A., for the acquisition of the more

3 mar 2025

Anglo-Dutch giant Unilever, a leading player on the consumer goods market, has appointed Irina Urechean to the position as General Manager of Unilever’s Ice Cream Division for Romania and Moldova. more

3 mar 2025

Sameday, held by eMag Group and one of the leading players in the courier services industry, has become shareholder in IT and digital marketing services provider Zitec by acquiring the 24.9% stake more

3 mar 2025

As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is forecasted to double to 4 percent of global electricity more

27 feb 2025

2B Intelligent Soft (stock symbol: BENTO), a Romanian entrepreneurial company that provides software development services and IT infrastructure and Cloud services, reported preliminary operating more

27 feb 2025

National oil carrier via pipelines and tanker railcars Conpet Ploiesti (stock symbol: COTE.RO) has announced a net profit of RON49.4 million for 2024, down 19.8% versus 2023 and 11.5% higher than the more

27 feb 2025

Farmaceutica Remedia (stock symbol: RMAH), one of the leading players on the drug wholesale market, ended 2024 with net profit of RON7 million, down 2.8% against a net result of RON7.2 million more

27 feb 2025

French-held retailer Auchan Romania continues its expansion strategy in the proximity segment by opening its 9th large-scale supermarket, in Popesti-Leordeni, located in the southern part of capital more

27 feb 2025

Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between March 7 and 14, 2025. more

27 feb 2025

Romania's Finance Ministry raised RON500 million from banks on Thursday (Feb.27), selling government paper due in 2035 at annual average yields of 7.33%. more

27 feb 2025

Romania’s general consolidated budget posted a deficit of RON11 billion in January 2025, or 0.58% of the gross domestic product (GDP), compared with a deficit of RON7.89 billion, or 0.45% of GDP, more

26 feb 2025

IT infrastructure and security integrator Arctic Stream (stock symbol: AST) had a net profit of RON8.83 million in 2024 (EUR1.78 million) and revenue of RON139.76 million (EUR27.97 million). more

26 feb 2025

Building materials producer TeraPlast Bistrita (stock symbol: TRP) recorded loss of RON19.6 million in 2024 compared with net profit of RON1.1 million reported in 2023, mostly due to higher interest more

26 feb 2025

Hidroelectrica (stock symbol: H2O), the largest energy producer in Romania and the most valuable company in the portfolio of the Romanian State, targets investment projects worth over EUR500 million more

26 feb 2025

A total 7,274 new insolvency proceedings were opened in Romania in 2024, 9.38% more than a total 6,650 reported in 2023, as per the latest study conducted by Coface Romania. more

26 feb 2025

Law firm bpv Grigorescu Stefanica advised Romanian retail media company FOOTPRINTS AI (www.footprints-ai.com) on its latest EUR2.3 million investment round led by Catalyst Romania Fund II, with more

26 feb 2025

Global Vision, a leading real estate company in Central and Eastern Europe, has appointed Antoanela Comsa to the position of Deputy CEO, the company announced in a press statement on Feb. 26. more

26 feb 2025

ASI Alpaco, the exclusive representative of ASI Group in Europe and the UK, announces the opening of a new manufacturing facility in the region of Bucharest- Ilfov by relocating its production from more

26 feb 2025

Gas and electricity provider E.ON Energie Romania, a subsidiary of German utility group E.ON, has recently completed the construction of a photovoltaic (PV) plant in the western city of Timisoara for more

26 feb 2025

Romania’s national grid operator Transelectrica has inaugurated the new electrical transformer station of 400 kV in the locality of Arefu, which thus ensures the stability and operational safety of more

26 feb 2025

Romanians everywhere who own debit cards and have accounts on www.ghiseul.ro online platform can purchase government bonds via the TEZAUR program online, starting Monday (March 10, 2025). more

25 feb 2025

Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023, and net profit of RON2.5 million, down 67% on the more

25 feb 2025

Engineering and tech group Simtel Team, leader in the field of renewable energy in Romania, reported net profit of RON36.7 million in 2024, up 35% against 2023, as per the preliminary financial more

25 feb 2025

Cupio, the Romanian cosmetics brand launched by entrepreneurs Raluca and Razvan Stefanescu 13 years ago, ended 2024 with a turnover of EUR22.8 million, at a group level, up 9.5% year-over-year, and a more