19 mar 2024

CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 3rd place in the ranking of the largest banks in Romania by assets in 2023, overtaking BRD, which is held by more

19 mar 2024

EY Romania is expanding its team of partners by recruiting Sebastian Popescu, who has also taken over the coordination of the consulting services line in the field of Grants and Incentives, effective more

19 mar 2024

Delgaz Grid continues its investments in smart meters and the modernization of electrical networks in Suceava (northern Romania). more

19 mar 2024

Private medical services operator MedLife announced on March 19 the signing of the addendum regarding the increase of the credit limit by an additional amount of EUR50 million, according to the more

19 mar 2024

Patria Bank (stock symbol: PBK) has informed investors in a stock market report on March 18 that Romania's National Bank approved the appointment of Grigore-Valentin Vancea to the position of Chief more

19 mar 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, inched up to 6.08% a year on Monday more

18 mar 2024

Romania's Finance Ministry raised RON807 million from banks on Monday (March 18, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2031, at an annual average yield more

18 mar 2024

Hexing Technologies Europe SRL, a subsidiary of Hexing Group, a provider of green energy solutions, listed at the Shanghai Stock Exchange, has leased 8,000 square meters within the Timisoara I more

18 mar 2024

Bucharest ranks among the major European cities with the lowest housing prices and the highest affordability ratios, in line with data from real estate consulting firm Cushman & Wakefield Echinox. more

16 mar 2024

Millenium Insurance Broker (MIB), an insurance broker majority owned by mobility network Autonom Services, is summoning its shareholders to approve, among others, the distribution of RON2.3 million as more

16 mar 2024

State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of RON250 million with state-run lender CEC Bank on Thursday (March 14), the company announced in a stock market report more

16 mar 2024

The proposal of OMV Petrom's Executive Board for the distribution of dividends in the amount of RON2.5 billion for the financial year 2023, namely a gross dividend of RON0.0413/share, was approved by more

15 mar 2024

Lender Banca Transilvania has appointed Ioan Alin Nistor as new chief economist. more

15 mar 2024

French Arval Group has launched on the Romanian market a mobile car sharing application exclusively dedicated to companies, which focuses on the comfort and mobility of employees. more

15 mar 2024

Romania's current account deficit stood at EUR1.35 billion in January 2024, almost double the EUR760 million level reported in January 2023, central bank data showed on Friday (March 15, 2024). more

15 mar 2024

The employment rate for the working age population (15-64 years) was 63% in the fourth quarter of 2023, decreasing by 0.3 percentage points compared to the third quarter of 2023, data from Romania's more

15 mar 2024

BET Patria-TradeVille (BVB ticker:TVBETETF), the first Exchange Traded Fund (ETF) in Romania, listed on the Bucharest Stock Exchange, reached assets of RON220.5 million in mid-March, more than 13 more

15 mar 2024

Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, reached an overall volume of gross written premiums of EUR119.5 million at more

15 mar 2024

Construction firm Dimex-2000 Company, controlled by entrepreneurs Ioan and Neluta Lucretia Scurtu from the locality of Rebrisoara (Bistrita-Nasaud County), reported a turnover of over RON273 million more

15 mar 2024

NN Asigurari, the general insurance division of NN Romania, has received the approval of the Financial Supervisory Authority (ASF) to increase its share capital by RON24.5 million, up to nearly more

14 mar 2024

Vastint Romania has announced the start of the second phase of its real estate project Timpuri Noi Square, the urban regeneration project for the Timpuri Noi area in Bucharest. more

14 mar 2024

Pharmaceutical manufacturer Antibiotice Iasi (ATB.RO) is summoning its shareholders to approve, among others, the distribution of RON31 million from the company's 2023 profit under the form of more

14 mar 2024

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has promoted 14 lawyers in 2024, strengthening six practice areas within the firm. more

14 mar 2024

Romania had some 4.98 million pensioners at the end of 2023, fewer by 11 thousand people than in the fourth quarter of 2022, and the monthly average pension was RON2,125, up 13.9%, according to data more

14 mar 2024

Romania's M&A market recorded 189 completed deals worth EUR4.3 billion in 2023, down nearly 20% from EUR5.2 billion in 2022, according to analysis by PwC Romania. more