10 ian 2022

Romania's seasonally adjusted unemployment rate reached 5.2% in November 2021, the same level as compared to October 2021, data from the country's statistics board INS showed Monday. more

10 ian 2022

Ten new commercial centers and two mall expansions will be launched in 2022 on Romania’s retail real estate market. more

7 ian 2022

The Bucharest Stock Exchange on Friday said the shares of Chimcomplex Borzesti, a company present on the capital market since November 1996, would start trading on the Main Market, Standard Tier, as more

7 ian 2022

Razvan Rat, deputy general manager of BRK Financial Group, said the listing of DN Agrar Group SA, a Dutch-held group of firms, would take place at the end of January or the beginning of February 2022. more

7 ian 2022

Euro zone inflation hit another record high, up 5% in December 2021, a sign that the economy is under renewed stress as surging coronavirus infections force governments to tighten restrictions. more

7 ian 2022

Romania’s Competition Council has approved a transaction whereby E-INFRA Group made up of Electrogrup, Nova Power & Gas, Direct One and Netcity Telecom transferred in December 2021 half of the more

7 ian 2022

Shareholders of industrial abrasives manufacturer Carbochim Cluj Napoca (CBC.RO), 76% owned by Carbo Europe, a company controlled by businessman Iulian Dascalu, approved the sale of the company’s more

7 ian 2022

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, increased by 0.99% to 3.05% a year on more

7 ian 2022

Germany-held Kaufland, with a network of around 150 hypermarkets in Romania, is carrying out a new logistics project in Sinesti, Ialomita, around 30 away from capital Bucharest, according to ZF more

7 ian 2022

Romania’s M&A (mergers and acquisitions) market in 2021 grew in terms of both value and volume against the previous year, marked by the coronavirus pandemic, stated PwC representatives, adding the more

6 ian 2022

Romanian paint and coatings manufacturer Sarcom, part of ROCA Industry, has appointed Laurenta Crudu to the position of Chief Executive Officer (CEO). more

6 ian 2022

Romania's finance ministry on Thursday (Jan 6) raised RON710 million (EUR143.6 million) selling bonds maturing in 2029 and 2036, at annual average yields of 5.3% and 5.62%, respectively. more

6 ian 2022

Societe Generale SA’s car leasing division ALD SA has agreed to buy Dutch rival LeasePlan for EUR4.9 billion ($5.5 billion) to give it more scale as the auto rental market goes electric, the French more

6 ian 2022

Visual Fan (ALW.RO), owner of the Allview brand, has received favorable approval from Romania’s Competition Council to become majority associate, with an ownership stake of 51%, in the company more

6 ian 2022

Dentons, the world’s largest law firm, assisted a consortium of banks—Erste Group Bank, Raiffeisen Bank International, Raiffeisen Bank Romania and Banca Comerciala Romana— in financing the more

6 ian 2022

Real estate developer Euro Vial Residence has acquired a plot of land of 2,500 square meters located in the seaside resort of Mamaia Nord, in a transaction worth over EUR1.5 million, the company said more

6 ian 2022

The 15-year EUR90 million loan granted by the European Investment Bank (EIB) to Distribuie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of the Electrica Group, more

6 ian 2022

New vehicle registrations in Romania fell by 4.1% in 2021 compared to 2020, but electric vehicles soared by 109.1% reaching a 15.5% market share, data from the Automotive Manufacturers and Importers more

5 ian 2022

France’s multinational, multifaceted, marketing and communications giant Publicis Group has acquired Bucharest-based Tremend, one of the largest independent software engineering companies in the more

5 ian 2022

One United Properties (ONE.RO), a real estate developer of premium residential projects in Romania, benefits from the Issuer Market Maker (IMM) services provided by Raiffeisen Centrobank starting more

5 ian 2022

Real estate developer Hagag Development Europe established the company Hagag Privighetorilor 35 at end-2021, per data released on Friday (Dec 31, 2021), and is looking at buying a plot of land of over more

31 dec 2021

Romania’s central bank on Friday (Dec 31, 2022) announced an average reference rate of 4.9486 lei to the European currency. more

31 dec 2021

The IRCC index, which is used by banks to calculate interest rates for new loans taken out starting the spring of 2019, has increased to 1.17% on Friday (December 31, 2021), from 1.08% previously. more

31 dec 2021

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, increased by 0.66% on the day to 3.01% a more

31 dec 2021

Cluj-based ambulance and special vehicle producer Deltamed, a business controlled by four local entrepreneurs, plans to open a new production unit in Aiud (Alba County). more