05.19.2022

United Romanian Breweries Bereprod (URBB), a brewer whose portfolio includes brands such as Tuborg, Carlsberg and SKOL, has contracted a loan of over EUR20 million from ING Bank Romania, which will be more

05.18.2022

The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising construction costs will change consumption consumer more

05.17.2022

Telecom operator Vodafone Romania reported service revenue of EUR764 million for the fiscal year ended on March 31, 2022, lower by 0.1% than the level reported in the previous financial year, in line more

05.16.2022

Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its Spring 2022 Economic Forecast report released on Monday more

05.16.2022

Deloitte Romania and Reff & Associates | Deloitte Legal has assisted ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, in acquiring Dial, a Romanian more

05.13.2022

Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited more

05.11.2022

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

05.10.2022

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

05.09.2022

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

05.06.2022

OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the consolidated more

05.04.2022

The Board of Directors of Germany’s Schaeffler Group has appointed Stefan Gulacsi-Gologan to the position of administrator of the local division Schaeffler Romania starting May 2022. more

05.03.2022

Deloitte Romania and Reff & Associates | Deloitte Legal assisted Knauf Insulation, one of the world’s largest manufacturers of insulation solutions and part of the German Knauf group, in taking over more

05.02.2022

Credit Europe Bank Romania on Monday said it ended 2021 with a net profit of RON70 million, compared to loss of RON17 million in 2020. more

04.29.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more

04.20.2022

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

04.20.2022

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

04.20.2022

France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is interest more

04.19.2022

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

04.18.2022

Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, said in a statement that it put into operation two photovoltaic power plants, with a total installed more

04.18.2022

More than 27,000 homes are currently under construction in capital Bucharest and its surroundings, being the largest number of housing units under construction in the region in the modern history of more

04.18.2022

Business process outsourcing company CGS Romania Solutions has grown from 3,500 to 4,500 employees during the pandemic. more

04.18.2022

International rating agency Standard&Poor’s (S&P) has affirmed Romania's sovereign rating at BBB-, in line with the other two major rating agencies and just above the investment grade lower border. more

04.15.2022

Lender OTP Bank Romania is launching a new funding solution for the local agribusiness sector, named “Ceiling for financing agricultural crops.” more

04.15.2022

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank. more

04.14.2022

IT company Betfair Romania Development, based in the city of Cluj-Napoca, continues its growth plans on the local market, aiming to expand its team by 50% by the end of 2023 to reach the threshold of more