9 apr 2024

Three quarters of Romanian business leaders (75 percent) believe that the reforms and investments made through the National Recovery and Resilience Plan (NRRP) will contribute to the local economy’s more

9 apr 2024

Romania's trade balance posted a deficit of EUR4.1 billion in January-February 2024, lower by 5.2% compared to the same period of 2023, data from the country's statistics board INS showed on Tuesday more

8 apr 2024

Telecom solutions provider Centrul pentru Servicii de Radiocomunicatii SRL (CSR SRL), which is a partner for American multinational telecommunications company Motorola too, ended 2023 with a 67.3% more

8 apr 2024

French sporting goods retailer Decathlon has appointed Romanian executive Olivia Mariescu to the position of Chief Financial Officer (CFO) of its operations in Central and Eastern Europe. more

8 apr 2024

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has started the April 8-12 week flat at more

8 apr 2024

Romania’s only nuclear power producer Nuclearelectrica (SNN.RO) has announced in a stock market report on Monday (April 8) the appointment of Vasile Dascalu to the position of Chief Financial more

8 apr 2024

Law firm Filip & Company is expanding its team of lawyers and promoting one counsel and three senior associates this spring. more

8 apr 2024

Romania's Finance Ministry raised RON1.5 billion from banks on Monday (April 8, 2024), selling discount treasury bills (T-bills) due in March 2025, at an annual average yield of 6.02%. more

8 apr 2024

NEPI Residential, the residential division of Central and Eastern Europe's largest owner, developer and property manager of shopping centers, NEPI Rockcastle, announces the successful completion of more

8 apr 2024

eMAG, one of the leading players on the online retail market in the region, is expanding its Genius delivery service to 300 new localities across 36 Romanian counties, company representatives said in more

8 apr 2024

The office sector in capital city Bucharest shows a positive fluctuation in terms of total leasing activity, after the first three months of 2024, being 71% higher than in the same period of 2023, more

8 apr 2024

Imaging clinic network Medima has opened a new clinic, in Deva (in the central-western part of Romania), following an investment of approximately EUR1.7 million. more

5 apr 2024

Maracana, a company specializing in transport, warehousing, logistics and distribution services, has renewed its lease contract for 5,000 square meters at the MLP Bucharest West logistics park. more

5 apr 2024

Romania's Competition Council is assessing the transaction through which Veolia Romania Soluţii Integrate S.A. intends to take over Nisal S.R.L. more

5 apr 2024

Genezio, a startup launched in 2023 to create tools to help developers automate app creation, raised a $2 million pre-seed round led by Gapminder Ventures. more

5 apr 2024

Romania’s national power transmission company Transelectrica (TEL.RO) has completed an investment of roughly RON92 million for the consolidation of energy security in the region of Dobrogea, the more

5 apr 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 12.3% in unadjusted data and by 7.1% when adjusted for seasonality and number of working days, in more

5 apr 2024

Pastry maker Senneville based in Timisoara (western Romania), with a EUR3.7 million turnover in 2023, seeks to invest in a new factory, in the neighboring county of Hunedoara. more

4 apr 2024

Sofidel Romania, the producer of hygienic sanitary paper brands such as Onda, Volare and Regina, ended 2023 with a turnover of RON339.7 million (EUR68.7 million), down 2.8% from RON349.7 million more

4 apr 2024

Prime Batteries, founded by entrepreneur Adrian Polec and included in the portfolio of European conglomerate InnoEnergy, and Monsson Group put into operation the largest capacity of electric energy more

4 apr 2024

Romania's finance ministry will carry out a new issue of Fidelis government bonds for retail investors between April 8 and April 17, 2024. more

4 apr 2024

BRD Groupe Societe Generale and IFC, a member of the World Bank Group, have closed a landmark synthetic significant risk transfer (SRT) transaction that will free up capital for BRD to boost the more

4 apr 2024

Liberty Steel Group (“LIBERTY”) has appointed international sustainability leader Thomas Gangl as the Chief Executive Officer of its European business, and confirms Vienna as the location for its more

4 apr 2024

Romania's Finance Ministry raised RON1.29 billion from banks on Thursday (April 4), selling government paper in two auctions, at annual average yields of 6.04% and 6.64%, respectively. more

4 apr 2024

Romania is one of the European Union Member States with the lowest house price increases, of 25%, between 2010 and 2023, half the European average, but rents surged 45% to 50% during the same period, more