Romaqua Group Sees Fifth Year of Growth in a Row, Posts RON843M Revenue in 2019
05.18.2020
Romaqua Group, the largest Romanian producer on the mineral water and beer market, ended 2019 with RON843.9 million revenue, about 3% more than in 2018, Finance Ministry data show.
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Bucsa, UniCredit: Increase In Guarantee Ceiling For First Home Program Will Certainly Boost House Prices yesterday, 16:17
Increasing the maximum guarantee ceiling within Romania's subsidized mortgage lending program for first time homebuyers will trigger price... more
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BestJobs: Job Applications Grow Over 40% On Month In June 2020 yesterday, 12:55
The number of job applicants grew over 40% in June 2020 compared with May and more than 20% compared with June 2019, per a survey by online... more
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Sanador Invests EUR3M in Robotic Surgery Assistance 07.09.2020
Sanador, the fourth largest player on the Romanian private medical services market, has invested EUR3 million borrowed from BRD in a computerized... more
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Bosch Romania Posts Total Net Sales Of Nearly EUR1.4B In 2019 07.09.2020
Germany’s Bosch Group registered total net sales of EUR1.4 billion in 2019 in Romania. more
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Antibiotice Iasi Enters US and UK Markets with Covid-19 Medication 07.09.2020
Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has entered the US and UK markets with new medicines for Covid-19 by... more
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Bosch Inaugurates New Engineering Center In Cluj-Napoca, In EUR30M Investment 07.09.2020
Germany's Bosch has inaugurated on Thursday the headquarters of its Engineering Center in Cluj-Napoca (northwestern Romania), following an... more
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JYSK Opens Store In Bucharest’s Grand Arena Mall; Reaches 88 Units In Romania 07.09.2020
Scandinavian furniture and home décor retailer JYSK continues its expansion in Romania, by opening a new store in Bucharest’s Grand Arena Mall,... more
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OMV Petrom Hydrocarbon Output Drops 2.65% in 2Q/2020 07.09.2020
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Thursday in a report its total hydrocarbon production stood at 147,300 boe/day... more
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Ioannis Papalekas Returns To Globalworth’s Shareholding Structure Five Months After Exit 07.09.2020
Ioannis Papalekas, the founder and CEO of Globalworth, the largest office owner in Romania and Poland, has returned to the company’s shareholding... more
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eMAG, Largest Online Retailer In Romania, Returns To Net Profit In 2019 After Six Years Of Loss 07.09.2020
Dante International, which operates eMAG – the largest online retailer in Romania and one of the biggest players in the region, has returned to... more
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Fitch Affirms Romania’s Transgaz at 'BBB-'; Outlook Stable 07.09.2020
Romania's natural gas transmission company Transgaz (TGN.RO) has informed its stakeholders that, on July 8, 2020, the international rating agency... more
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Eurostat: House Prices in Romania Down 23.6% in 1Q/2020 vs 1Q/2007 07.08.2020
Romania registered the second largest decline in house prices in the European Union in the first quarter of 2020 compared with the first quarter of... more
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Socar Gets Antitrust Clearance to Lease Five Gas Stations from Ipeco 07.08.2020
Romania's antitrust body on Wednesday said it has authorized a long-term lease of five filling stations in Gorj county, southern Romania, by Azeri... more
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Iulius Group Starts Work on EUR120M Palas Campus Office Project in Iasi 07.08.2020
Real estate developer Iulius Group, owned by Iulian Dascalu, announced Wednesday it was starting work on the Palas Campus office project in Iasi in... more
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Wizz Air Launches Bucharest-Palma de Mallorca Flight Starting August 9 07.08.2020
Low-cost airline Wizz Air on Wednesday said it will launch a new flight, from capital Bucharest to Palma de Mallorca, which will be operated twice... more
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Provident Grants 3.1 Million Loans, Worth RON6.2B, During Its 14-Year Presence In Romania 07.08.2020
Provident Financial Romania, a provider of quick and easy short-term loans, has granted over 3.1 million loans, worth a total RON6.2 billion,... more
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EY Romania Launches 5th Edition of EY Entrepreneur Of The Year 07.08.2020
EY Romania on Wednesday launched the fifth edition of EY Entrepreneur Of The Year, a program that seeks to discover visionary local entrepreneurs,... more
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Brillio Acquires Cognetik, Founded By Two Romanians And An American 07.08.2020
Cognetik, a data and insights company with deep expertise in improving digital experiences for its customers, which was founded by two Romanians... more
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Ileana Popescu, Second Largest Shareholder In Norofert, Sells RON95,600 Worth Of Company Shares 07.08.2020
Organic fertilizer producer Norofert (NRF.RO) said that Ileana Popescu, the second largest shareholder in the company, with a 20.7% stake, had sold... more
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ING Bank Enters Online Fashion Commerce With Marketplace Platform DealWise 07.08.2020
ING Bank, the fourth largest lender in Romania by assets, has entered the online fashion commerce, by launching online shopping platform DealWise. more
Fondul Proprietatea (FP.RO), which owns 20% in state-owned power producer Hidroelectrica, said Tuesday the government shouldn't approve
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The global economy is projected to decline by 4.9% in 2020, the International Monetary Fund said in its June 2020 latest World
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New commercial vehicle registrations in Romania declined by 42.5% in May 2020 compared with May 2019, and by 40.5% year-over-year in
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Around 60,000 employees in the Romanian auto industry, accounting for roughly a quarter of the total, remain on furlough due to low
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Romania ranks last but one in the European Union with just 11.1% of waste recycled in 2018 compared with a EU average of 47.2%,
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Romania's natural gas transmission company Transgaz (TGN.RO) plans to borrow RON300 million for a two-year period to finance its
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Grocery retail chain Profi, held by buyout investor Mid Europa Partners, continues its expansion at a regular pace, despite the
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Blue Air, Romania's largest private airline, said Monday it was entering safeguard procedures to continue its activity and avoid
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A study conducted by agricultural cooperative Cooperativa Tara Mea in July 2020 shows Romania’s vegetable imports grew in 2019,
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Romanian Households Reach Net Wealth of RON2,157B in 2019
Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed.
