25 mai 2023

Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, has undertaken to implement an ambitious investment program for 2023, targeting investments of around EUR100 more

25 mai 2023

Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in real more

25 mai 2023

The Romanian office of the CEE / SEE law firm Wolf Theiss acted as legal advisor to Banca Comerciala Romana (BCR) in relation to its inaugural issue on the international capital markets of EUR700 more

25 mai 2023

The Bucharest Stock Exchange (BVB) has announced that it will start trading the green Eurobonds issued by BCR in the amount of EUR700 million, on the Main Market of the Bucharest Stock Exchange, on more

25 mai 2023

Innova Capital, a leading private equity firm in Central and Eastern Europe (CEE), has announced the acquisition of the majority stake in NETOPIA Group, a Romanian payment services provider. more

25 mai 2023

Romania's High Court of Cassation and Justice has confirmed the deductibility of expenses and VAT generated by transfer pricing adjustments made by affiliated companies under contracts signed at group more

25 mai 2023

Romania's Finance Ministry raised RON3.7 billion from banks on Thursday (May 25), selling government paper maturing in 2038, at an annual average yield of 7.49%. more

25 mai 2023

The COVID-19 crisis prompted a surge in the digitalization efforts of EU firms, with more than half (53%) of EU firms taking steps in 2022 to enhance their digital presence, such as offering services more

25 mai 2023

Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate of more

24 mai 2023

Lödige Industries, one of the world's leading suppliers of logistics systems and lifting solutions, is expanding its capacities at its factory in Brasov (central Romania), aiming to almost double the more

24 mai 2023

Lithuanian Group Apex Alliance and Paval Holding, the latter of which is held by the Paval brothers, the owners of DIY retail chain Dedeman, have completed the acquisition of the Grand Hotel Gardone more

24 mai 2023

ENGIE Romania has teamed up with Etrel and launched a management solution for electric vehicle (EV) charging stations, available to individuals, companies and public charging stations. more

24 mai 2023

Macromex, leader in the Romanian food industry in the frozen and refrigerated products segment, has appointed Mihai Calin to the position of Chief Financial Officer (CFO). more

24 mai 2023

Tobacco company British American Tobacco (BAT) on Wednesday said it had a total contribution of RON10.5 billion (EUR2.1 billion) in excise and taxes to the Romanian state budget in 2022. more

24 mai 2023

Cooling systems producer RAAL posted a turnover of nearly RON389.3 million (about EUR79 million) in 2022, up 20.5% compared to 2021, in line with calculations by Ziarul Financiar (ZF) based on finance more

24 mai 2023

IULIUS Group plans to start in 2024 the construction of the eighth office building within the Palas Iasi project. more

24 mai 2023

Flip.ro, a Romanian startup founded in 2019 that encourages circular economy by refurbishing mobile phones that are reintroduced on the market as good as new, has paid EUR4.8 million to Romanians who more

24 mai 2023

The current role of the CFO in Romania today is more oriented on protecting and optimizing value (38%) than on growing value (24%), while the future ideal state shifts the focus of the Finance leaders more

24 mai 2023

ALD Automotive has completed the full acquisition of LeasePlan, one of the world's global leaders specialized in car fleet management and mobility solutions, from a consortium run by TDR CAPITAL. more

19 mai 2023

Danube freight transporter Transport Trade Services (TTS.RO) has summoned its shareholders for June 19 to vote on acquiring 99.9% of the share capital of port operator Decirom for a price of EUR21.8 more

18 mai 2023

Antibiotice Iasi (ATB.RO), Romania’s most important generic drug manufacturer, on Thursday (May 18) informed the Bucharest Stock Exchange (BVB) that SIF Oltenia (SIF5.RO), its second largest more

18 mai 2023

Sibiu-based company Moara Cibin (MOIB.RO), part of milling and bakery group Boromir, reported a net profit of RON4 million for the first three months of 2023, up 135% versus the same period of 2022. more

18 mai 2023

Vintruvian Estate Group, one of the leading players on the premium wine market in Romania, has signed a transaction to fully acquire winemaker Crama Mennini in the Dragasani area, a business more

18 mai 2023

Natural gas producer and supplier Romgaz (SNG.RO) benefits from the Issuer Market Maker (IMM) services provided by Raiffeisen Bank International, starting May 16, 2023. more

18 mai 2023

The “Avram Iancu” international Airport of Cluj, the second largest in Romania, saw one million passenger traffic in the first five months of 2023. more