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

10 mai 2022

The Romanian Government and property restitution fund Fondul Proprietatea, the two shareholders of Romanian state-owned hydropower producer Hidroelectrica, approved the appointment of legal and equity more

10 mai 2022

Romania's central bank on Tuesday (May 10) raised its benchmark interest rate to 3.75% a year from the current rate of 3% a year, starting May 11, 2022. more

10 mai 2022

Romanians are worried about the future economic situation, therefore, an overwhelming proportion say they intend to save more (68%) and invest in education (22%), as per the latest Future Consumer more

10 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 5.21% a year on Tuesday more

10 mai 2022

Romanian cybersecurity company SafeTech Innovations (SAFE.RO), listed on the AeRO market of the Bucharest Stock Exchange, on Tuesday announced the appointment of a Board of Directors. more

10 mai 2022

Various economic conditions, support measures and legal changes have affected insolvency trends in the Central and Eastern Europe (CEE) region over the last two years. The COVID pandemic triggered an more

10 mai 2022

Coca-Cola HBC Romania has appointed Marko Andrić to the position of Sales Director, starting April 2022, company representatives said Tuesday. more

10 mai 2022

The number of real estate deals in Romania stood at 53,225 in April 2022, 18,898 fewer than in March 2022, data from the national cadaster agency ANCPI showed Tuesday. more

9 mai 2022

Romania's finance ministry raised RON517 million on Monday (May 9), above the planned level of RON300 million, selling bonds maturing in 2032, at an annual average yield of 7.92%. more

9 mai 2022

Cluj-based Clever++, which developed ecommerce platforms Magento and Shopware, has concluded a partnership with digital marketing agency Gun Media to provide online sales solutions for medium and more

9 mai 2022

The turnover of recycling companies in Romania could reach RON13 billion (EUR2.6 billion) in 2022, which would translate into an increase of 2.36% compared to 2021, in line with an analysis released more

9 mai 2022

Dent Estet Group, part of the MedLife Medical System, ended 2021 a turnover of RON107.6 million, a 60% increase compared to RON67.1 million in 2020, according to data provided by company more

9 mai 2022

Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products within post offices across the country. more