12 mai 2022

Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news more

12 mai 2022

The number of new investments announced in the agribusiness grew by 75% in the first four months of 2022 compared to the same period in 2021, with the total value of projects reaching EUR300 million, more

12 mai 2022

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON11.5 million for the first quarter of 2022, up 81% from the year-earlier period, in line more

12 mai 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, has increased to 5.44% a year on Thursday more

12 mai 2022

Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC more

12 mai 2022

The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from the country's statistics board INS showed Thursday. more

12 mai 2022

Amid the unprecedented energy price hikes, Nuclearelectrica, Romania’s sole nuclear energy producer and a company where the Romanian state is a majority stakeholder, reported all-time high figures more

11 mai 2022

Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON102.65 million in 2021, nearly 23% above the targeted level after more

11 mai 2022

Scandinavian furniture and home products retailer JYSK is continuing its expansion in Romania by opening a new store on Thursday (May 12) in the locality of Bailesti (Dolj County). more

11 mai 2022

Romanian property restitution fund Fondul Proprietatea (FP.RO) plans to buy back 325 million own shares, the equivalent of 5.1% of the share capital, at a price of RON2.19 per share, between May 18 more

11 mai 2022

Tobacco company Philip Morris International (PMI) on Wednesday said the sales of Philip Morris products on the Romanian market generated RON1.9 billion in excise taxes and RON0.6 billion in more

11 mai 2022

Learning platform Adservio, developed by entrepreneur Alexandru Holicov from Iasi, has raised an investment of EUR2 million from Catalyst Romania Fund II, one of the leading venture capital funds in more

11 mai 2022

The number of metro passengers grew by 53% year-over-year in the first three months of 2022, with March seeing a record high of the last two years as pandemic-related restrictions were lifted, which more

11 mai 2022

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has recently completed a USD$4.2 million investment in the modernization of the Vacuum Distillation Plant (DV) within more

11 mai 2022

First Bank (the former Piraeus Bank), held by American private equity investment firm J.C. Flowers, on Wednesday said it recorded a net profit of RON57.1 million for 2021, significantly higher than more

11 mai 2022

Kané Group specialized in unique hospitality concepts for craftspeople and small producers, has reached a valuation of RON20 million after receiving a financing of RON1.8 million from Autonom more

11 mai 2022

Stay Fit Gym, the second largest chain of gyms in Romania by the number of fitness centers opened, together with private equity fund Morphosis Capital, announces the setup of an Advisory Board. more

11 mai 2022

Fintech consulting services company GambIT Digital is relocating its offices to the Globalworth Square building after signing a lease contract for a five-year period, starting September 2022. more

11 mai 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, climbed to 5.37% a year on Wednesday (May more

11 mai 2022

Romania's trade balance posted a deficit of over EUR7.1 billion in January-March 2022, higher by EUR1.8 billion compared with the first three months of 2021, data from the country's statistics board more

11 mai 2022

Romania's annual inflation rate jumped to 13.8% in April 2022 compared to April 2021, data from the country's statistics board INS showed Wednesday (May 11). more

10 mai 2022

Zentiva Bucuresti, the medicine plant present in the local market for 60 years, has invested a total EUR44 million over the last 12 years in the production facility based in capital city Bucharest, more

10 mai 2022

Ecaterina Matei is joining the management team of advertising agency Cheil Î Centrade, the hub for Southeast Europe of the Cheil Worldwide network, and will be coordinating the division newly more

10 mai 2022

French retailer Carrefour, present on the local market since 2001, has decided to extend its lease contract for 5,000 square meters of office space within the Green Court project developed by more

10 mai 2022

Amsterdam-based food-delivery group Just Eat Takeaway, which operates food ordering and delivery platform takeaway.com, announced on Tuesday (May 10) that it decided to discontinue operations in more