15 nov 2023

Biodegradable packaging maker Exonia, a business contro­lled by entrepreneur Tiberiu Stoian, will be taking over the assets of the former bakery plant in Romania's northeastern city of Iasi. more

15 nov 2023

Arctic Stream (AST.RO), an IT infrastructure and security integrator, ended the first nine months of 2023 with a turnover of RON93 million, up 73% on the year, as per the company's financial report more

15 nov 2023

Romania is represented with 60 companies in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2022 financial data, placing the country more

15 nov 2023

Plastic packaging maker Romcarbon (ROCE.RO) has informed investors on Wednesday (Nov 15) that its consolidated revenue stood at RON230 million in the first nine months of 2023, down 20% on the year. more

15 nov 2023

While 94% of consumer respondents globally remain concerned about the cost of living, almost 89% are also concerned about climate change, according to the 13th edition of the EY Future Consumer Index more

14 nov 2023

Romania's energy ministry wants state-run nuclear power company Nuclearelectrica (SNN.RO) to conclude a contract of EUR145 million with the European Investment Bank (EIB) for the financing of the more

14 nov 2023

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) ended the first nine months of 2023 with a turnover of RON365.4 million, up 4% on the year, as per its unaudited financial report sent to more

14 nov 2023

Pharmaceutical producer Biofarm Bucuresti (BIO.RO) announced in its financial report released on Nov 14 that its sales income grew by 9.7% on the year to RON229 million in the first nine months of more

14 nov 2023

The seven mandatory private pension funds in Romania, known as Pillar II, generated an annual average yield of 18.2% in the last 12 months (between October 2023 and October 2022), for the 8 million more

14 nov 2023

Romania's state-run natural gas transmission company Transgaz (TGN.RO) announced in its financial report on Nov 14 a consolidated net profit of RON38.65 million for the January-September 2023 period, more

14 nov 2023

swisspor Group, a leading Swiss developer, manufacturer and supplier of products and systems for energy-efficient and aesthetic building envelopes, is acquiring BriothermXPS, a Romanian manufacturer more

14 nov 2023

One United Properties (ONE.RO), the leading investor and real estate developer of sustainable residential, mixed-use and office projects in Romania, announced in a stock market report on Nov 14 the more

14 nov 2023

Aluminum accessories supplier Alumil Rom Industry (ALU.RO) ended the first nine months of 2023 with revenue of RON84.4 million, up 5% on the year, as per its financial report released by the Bucharest more

14 nov 2023

Romanian state-run port operator Oil Terminal (OIL.RO) ended the first nine months of 2023 with a consolidated profit of RON23.5 million, down 18.2% from RON28.7 million in the year-earlier period, as more

14 nov 2023

Infinity Capital Investments (SIF5 – formerly known as SIF Oltenia) had net assets of RON2.57 billion in January-September 2023, a record high of the last ten years, as per its financial report more

14 nov 2023

Chief Executive Officers (CEOs) globally recognize the potential of artificial intelligence (AI), but most are encountering significant challenges in formulating and operationalizing related more

14 nov 2023

Romania’s industrial production decreased by 5.1% in unadjusted data in September 2023 versus September 2022 due to drops reported for the electricity, gas, steam and air conditioning supply more

14 nov 2023

Romania's gross domestic product (GDP) increased by 1.1% in real terms (in unadjusted data) and by 1.9% in seasonally adjusted data in January-September 2023, as against the same period of 2022, data more

13 nov 2023

Bittnet Systems (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock, has informed investors in a stock market report on Monday (Nov 13) about Bittnet Group closing an more

13 nov 2023

FAN Courier, an entrepreneurial company founded by Adrian Mihai, Neculai Mihai and Felix Patrascanu, has opened in Arad (western Romania) its first international HUB, specifically dedicated to more

13 nov 2023

Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 13), above the planned level of RON500 million, selling bonds due in October 2026, at an annual average yield of more

13 nov 2023

ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announced in a stock market report on Monday (Nov 13) its consolidated financial results more

13 nov 2023

Romania's current account balance posted a deficit of EUR16.05 billion in January-September 2023, lower by 24% than the EUR21.14 billion level reported in the same period of 2022, central bank data more

13 nov 2023

Sipex (SPX.RO), one of the largest distributors of building materials and finishes in Romania, listed on the AeRO market of the Bucharest Stock Exchange, had a turnover of RON236.1 million in more

13 nov 2023

One United Properties (ONE.RO), the leading investor and real estate developer of sustainable residential, mixed-use and office projects in Romania, has concluded a partnership with Armani/Casa, the more