21 apr 2022

The volume of Romanian construction works increased, in unadjusted data, by 8.4%, in January-February 2022 as compared to the same period of 2021, and by 5.9% when adjusted to the number of working more

20 apr 2022

The high activity levels seen on the local real estate investments market at the start of 2022 indicate that the total investment volumes in Romania could exceed EUR1 billion in 2022, according to more

20 apr 2022

Romania's competition authority said on Wednesday (April 20) that it was looking into the takeover of local real estate group Maurer by investment fund Revetas Capital. more

20 apr 2022

Romanian carmaker Automobile Dacia’s assembly plant in Mioveni (southern Romania) has produced the 10 millionth car, an urban gray Duster SL Extreme vehicle, on Wednesday (April 20). more

20 apr 2022

Law firm CMS Romania announced on Wednesday (April 20) that Cristina Popescu was promoted to Partner starting May 1, 2022. more

20 apr 2022

The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021. more

20 apr 2022

EMI, a company specialized in integrated solutions and services for industrial access, has announced the complete takeover of Decran, a Belgian company specialized in the production and installation more

20 apr 2022

Real estate consulting firm CBRE Romania has assisted Austrian real estate developer S IMMO AG in the acquisition of EXPO Business Park, an office complex located in northern Bucharest. more

20 apr 2022

New car registrations in Romania surged by 39.6% on the year to 28.978 units in January-March 2022, placing the country 14th in the European Union, data from the European Automobile Manufacturers more

20 apr 2022

Romania’s unemployment rate stood at 5.6% in 2021, lower than 6.1% in 2020, data from the country’s statistics institute INS shows on Wednesday (April 20). more

20 apr 2022

The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 more

19 apr 2022

Car parts manufacturer Coindu Romania, part of Portuguese Coindu Group, currently has 50 job openings at its factory in the locality of Curtici (Arad County), in line with data on the website of the more

19 apr 2022

Pilis Food, a company founded by Romanian entrepreneur Puiu Elisei, has acquired the local bankrupt mushroom compost plant East Champion Union Cooperativa Agricola. more

19 apr 2022

The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development and modernization of the airport infrastructure, an more

19 apr 2022

Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the more

19 apr 2022

Most Romanians (77%) fear a possible economic crisis in 2022 and the rising consumer prices represent their biggest fear, in line with a survey conducted by Avangarde. more

19 apr 2022

Romania’s mergers and acquisitions (M&A) market recorded 48 transactions in the first three months of 2022, 17% more than in the first quarter of 2021, as per an analysis by consulting firm more

19 apr 2022

Suceava-based paving stone manufacturer Symmetrica has announced an investment of EUR10 million to fully retrofit its factory in Veresti (Suceava County), the company’s first production unit more

19 apr 2022

Financial analysts expect Romania’s central bank to increase its benchmark interest rate to at least 4.25%, the national currency to depreciate to an average of 5.082 units to the euro and the more

19 apr 2022

Cornerstone Communications, a local consulting firm specializing in investor relations and capital markets advisory, together with MIA Marketing, a Romanian market research company, published a new more

19 apr 2022

More than 60% of Eastern European Chief Financial Officers (CFOs) say their businesses have returned to pre-pandemic levels – the end of 2019, according to the CFO Panel 2022 survey conducted more

19 apr 2022

Nine in ten companies in Romania will invest in staff reskilling and training for their financial departments, as they implement and use new technologies for daily activities, in line with the latest more

18 apr 2022

Germany’s Bosch is consolidating its development activities in Romania and the strategic position within its global engineering network, by expanding the Bosch Engineering Center in capital more

18 apr 2022

Electricity distributor and supplier Electrica (EL.RO) on Monday said the Board of Directors approved on April 15 the consolidated value of the Investment Plan (CAPEX) of Electrica Group for 2022, in more

18 apr 2022

The number of employees in the Romanian furniture industry continued to decrease in 2021, although at a more moderate pace compared to previous years, reaching 54,700 employees in 2021, in line with more