November, Romanian Stock Market’s Best Month in Almost Two Years
today, 09:00
The Romanian stock market ended its best month in almost two years, thanks to the 9.12% rise in its main index BET in November, as the rises of indices abroad largely because of information about development of COVID-19 vaccines also made an impact in Bucharest.
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AstraZeneca Signs 5-Year Lease Extension in Bucharest Business Park Offices today, 11:42
Pharmaceutical producer AstraZeneca has extended its lease for the 1,280 square meters of office space it occupies in CA Immo's Bucharest Business... more
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New Car Registrations in Romania Drop 25.3% in Jan-Nov today, 11:31
New car registrations in Romania decreased 25.31% on the year in January-November, to 110,377 units, data from the association of automotive... more
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Covid Crisis Increases Residential Rental Supply in Bucharest today, 11:23
The coronavirus crisis is starting to show effects on the residential rental market and the number of properties for rent has increased, according... more
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Romania Unemployment Rate Inches up to 5.3% in October today, 09:52
Romania's seasonally adjusted unemployment rate inched up to 5.3% in October from 5.1% in September, data from the country's statistics board... more
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Profi Opened 22 Stores in November today, 09:22
Retail chain Profi held by buyout investor Mid Europa Partners continues expansion, having opened 22 new stores in November. more
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Sporting Goods Retailer Hervis Optimistic About 2021 today, 09:07
Sporting goods retailer Hervis has opened only two stores out of the planned 10 this year, amid the pandemic, Hervis Romania CEO Catalin Pozdarie... more
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Poultry Processor AAylex Prod Revenue Up 7% to RON575.8M in 2019 yesterday, 10:21
AAylex Prod, part of the AAylex group, one of the largest actors in the poultry industry in Romania, posted 575.8 million lei (EUR121.5 million)... more
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Romanian Consumers Spend RON650M on Organic Food a Year yesterday, 09:56
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the... more
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VIG Strengthens Position in Romania After Buying Local Operations of Rival Aegon yesterday, 09:27
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, will increase its share of more... more
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Romania Ranks 9th in the World Among Exporters by Average Price of Footwear 11.30.2020
Romania exported 37 million pairs of footwear last year, worth a total $930 million, the World Footwear report shows, which looks at the footwear... more
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`Made in Romania’ Drugs Account for Only 8% of Market by Value 11.30.2020
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only... more
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Investors Bought RON2.7B Worth of Govt Bonds in November Program 11.27.2020
Individual investors bought RON2.7 billion million worth of Fidelis government bonds for the general population in the three-week subscription... more
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Swedish Group Holmbergs Acquires Romanian Te-Rox Prod 11.27.2020
Romanian Te-Rox Prod, a producer of covers and harness systems for child safety seats founded by Doina and Roxana Cepalis, has sold its operations... more
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TeraPlast Approves RON45M as Dividends from Jan-Sept Profit 11.27.2020
Shareholders of construction materials producer TeraPlast Bistrita (TRP.RO) on Friday approved the distribution of RON45.3 million as dividends... more
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Unirea Shopping Center Gets Shareholder Approval For Share Buyback Program Of RON30M Tops 11.27.2020
Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a... more
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Labor Inspectorate: 1.75 Million Labor Contracts Terminated In Romania Since Onset Of COVID-19 Pandemic 11.27.2020
The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75... more
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Former NN Pensii Chief Raluca Tintoiu Wins Case Against Financial Regulator 11.27.2020
Raluca Tintoiu, the former general manager of NN Pensii who decided to warn the fund's 1.9 million contributors in 2017 over political decisions... more
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Brico Dépôt Stores In Romania Report EUR82M Sales For 3Q/2020 11.27.2020
UK’s Kingfisher Group, which holds do-it-yourself (DIY) Brico Dépôt stores, reported a 10.6% like-for-like growth in sales in Romania in the... more
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Fildas Leases Warehouse in VGP Project in Brasov 11.27.2020
Fildas, a medicine wholesaler founded by entrepreneur Anca Vlad, has leased a 3,400 sqm warehouse and 400 sqm of office space in the logistics... more
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Chimcomplex Borzesti Turnover Drops 22% To RON804M, Loss Widens To Nearly RON33M In Jan-Sept 2020 11.27.2020
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim platform, on Friday reported a turnover of RON804 million for... 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.
