18 nov 2024

Zexe Braserie, the business launched a decade ago by Ana Consulea, one of Bucharest’s best-known confectioners, has become Zelateria, after a rebranding process initiated last year. more

18 nov 2024

Dental and maxillofacial imaging chain DigiRay, founded by doctor Cristian Pop in Zalau in 2011 and taken over by investment fund Black Sea Fund in 2020, has acquired Maraffka clinics of Ploiesti, more

18 nov 2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit more

15 nov 2024

Moody's Ratings has today affirmed the Baa2 long- and short-term deposit ratings and the Baa3 long- and short-term issuer ratings of Banca Transilvania S.A. (TLV.RO). The outlook on the long-term more

15 nov 2024

Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said in a more

15 nov 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, as well as for companies’ more

15 nov 2024

Private healthcare company MedLife posted RON1.98 billion operating revenues in the first nine months of 2024, up from RON1.64 billion in Jan-Sept 2023, therefore 21% higher. more

15 nov 2024

Sphera Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, ended the first nine months of 2024 with RON1.14 billion sales, up 6.4% from the year-earlier more

14 nov 2024

Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, has leased 4,580 square meters of warehouse space in the VGP Park Timisoara logistics more

14 nov 2024

Nuclearelectrica, Romania’s sole nuclear energy producer, ended the first nine months of 2024 with RON3.39 operating income, down 40% from the year-earlier period, while net profit dropped by 35%, more

13 nov 2024

Dendrio, part of Bittnet group, has contracted a RON5 million credit line from ING Bank to fund working capital and current activities. more

13 nov 2024

Aquila, an entrepreneurial FMCG wholesale and logistics company, ended the first nine months of 2024 with RON2.1 billion revenues, up 20%, and RON57 million net profit, down 19%. more

13 nov 2024

Safetech Innovations, a Romanian cybersecurity company, for the first nine months of 2024 reported RON30 million turnover, up 49%, and RON9.3 million net profit, 58% above the year-earlier period more

7 nov 2024

New retail project deliveries are likely to cross the 200,000-sqm threshold this year as well, close to the level of 2023, when developers built 213,000 square meters of new retail spaces, a more

6 nov 2024

Republic of Moldova’s largest lender Maib ended the first nine months of 2024 with net profit worth MDL 1,095 million, the equivalent of EUR56.9 million, up 10.9% from the year-earlier period. more

6 nov 2024

Holding company Meta Estate Trust has announced the total exit from the boutique residential project developed by APX Immo Property in Bucharest’s Cotroceni area. more

5 nov 2024

Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to UniCredit more

4 nov 2024

Meta Estate Trust, a holding company operating in the real estate field, has acquired a land plot near Bucharest’s Victory Square where it wants to develop a clinic-type office building for leasing more

1 nov 2024

Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (November more

1 nov 2024

Fast-food restaurant chain Hesburger has opened a new restaurant in the Baneasa Shopping Mall in Bucharest, following an investment of EUR0.5 million. more

1 nov 2024

New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show. more

1 nov 2024

Axel Johson Inc (AJI), a US company held by Swedish Johnson family, on Friday announced the acquisition of La Fantana S.R.L., one of the main suppliers on the market of water solutions in Central and more

31 oct 2024

Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2024 registered net profit worth RON2.21 billion (EUR446 million), up 30.6% from the year-earlier more

31 oct 2024

BRD-SocGen, the fourth largest bank in Romania by assets, in the first nine months of 2024 raked in RON1.06 billion net profit, down almost 11% from the same period of 2023. more

30 oct 2024

Raiffeisen Bank, the local subsidiary of the Austrian group of the same name and the sixth largest bank in Romania by assets, generated RON1.26 billion profit in the first nine months of 2024, more