16 dec 2024

Hungarian state company MVM and Germany's E.ON Group have reached an agreement on Dec. 16 for the acquisition by MVM of E.ON's energy retail and customer solutions business in Romania, according to an more

16 dec 2024

Nuclear power producer Nuclearelectrica (stock symbol: SNN) has called its shareholders for a meeting on January 22, 2025 to vote on approving the updated strategy for the continuation of the more

16 dec 2024

Gerasimos Contoguris took over the role of Director of People & Culture at Philip Morris Romania, starting November 2024. more

16 dec 2024

Renewable energy provider Enery has announced the successful signing of a EUR214.45 million bank loan facility with UniCredit Bank, Banca Comerciala Romana (BCR) and Erste Group Bank AG to support the more

16 dec 2024

Piletilevi Group, the largest ticket seller in Central Europe, which acquired a majority stake in Romania's oldest ticketing company Bilete.ro in summer 2023, is acquiring Ticketing Nation SRL, which more

16 dec 2024

Romania's Finance Ministry raised RON1.93 billion from banks on Monday (Dec.16), selling government paper in two auctions, at annual average yields of 6.40% and 7.05%, respectively. more

16 dec 2024

Romania posted the highest annual rise in hourly wage costs among European Union Member States in the third quarter of 2024, at 17.1%, followed by Croatia with 15.1%, Bulgaria with 12.7% and Latvia more

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