19 feb 2025

OMV Petrom, Romania’s sole oil and gas producer, has started building a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery. more

18 feb 2025

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue to deteriorate, so annual deficits are forecast to remain high at more

18 feb 2025

Romania pawnbroking market value topped RON2.5 billion in 2024, the equivalent of 25% growth against 2023, says Cosmin Popovici CEO of MAGNOR, the main player on the market, but also the owner of a more

17 feb 2025

Germany’s Mewa Group, based in Wiesbaden and one of the main European full-service industrial textile suppliers, has opened a new national branch and a transshipping center in Floresti, near more

17 feb 2025

Romania's Finance Ministry raised RON675.7 million from banks on Monday (February 17, 2025) selling benchmark bonds, at an annual average yield of 7.06%. more

17 feb 2025

DN Agrar Group, the largest integrated livestock farm in Romania, has convened its shareholders for March 25 to vote on projects for 2025 involving total investments of around EUR3.4 million. more

14 feb 2025

Romania's central bank has decided at its Board meeting on Friday (February 14, 2025) to keep its key interest rate unchanged at 6.5% a year. more

14 feb 2025

Sales of new passenger cars and light commercial vehicles on the Romanian market are expected to go up by 1.1% this year against 2024, with Romania being, together with Slovakia, the only countries of more

14 feb 2025

Romania annual inflation slid in January 2025 to 5%, after staying flat at 5.1% in November and December 2024, data from the country’s statistics board showed on Friday, February 14. more

14 feb 2025

Romania economy inched up by 0.7% in the fourth quarter of 2024 in both unadjusted and seasonally adjusted data against the year-earlier period, while, against Q3/2024 it had a 0.8% advance in real more

13 feb 2025

Romania M&A market registered 239 announced deals in 2024, with a total estimated value of EUR5.9 million, reveals a PwC Romania analysis. more

12 feb 2025

Real estate developer InteRo Property Development, owned by Canadian investor family Topolinski, has announced a EUR16 million bond issue. more

11 feb 2025

Stay Fit Gym, the fitness network with the largest coverage at urban level in Romania, is set to open its 50th center, Stay Fit Gym Ghencea, in February 15, marking a significant milestone in its more

11 feb 2025

Logistic and industrial space developers in Romania in 2024 completed over 570,000 square meters, up 27% from 2023, so that the stock of this type of spaces reached around 7.6 million square meters. more

10 feb 2025

Romania’s national grid operator Transelectrica is starting construction works for a new 400 kV power line in Constanta Nord-Medgidia Sud region, a strategic project for the consolidation of the more

30 ian 2025

Germany’s Lidl on Thursday opened three new stores, in Sibiu, Suceava and Bascov, for which more than 80 new jobs were created. more

30 ian 2025

Real estate developers in 2024 finalized 14 retail projects, representing both new schemes and expansions of existing ones. more

28 ian 2025

Furniture producer Spectral Mobila, which owns a plant in Vaslui county, ended 2024 with net turnover of EUR7.5 million, 13% higher than in 2023. more

28 ian 2025

Mihai Voicu, general manager of Bergenbier S.A., a company part of Molson Coors Beverage Company, has been appointed chairman of Romanian Brewers Association starting January 2025. more

28 ian 2025

Greek group Eurobank has sealed an agreement to sell IMO Property Investments Bucharest, securing the strategic supervision and sale of its Romania real estate assets, to APS Group, an asset manager more

27 ian 2025

Romania corporate leaders are cautiously upbeat about the evolution of the national economy in 2025, with half of them believing the local economy will register growth this year and the other half more

27 ian 2025

Around 133,000 Romanians started in 2024 saving for retirement via voluntary private pensions (Pillar III), 40% more than in 2023 and an all-time high in terms of the number of new clients attracted more

23 ian 2025

Real estate consultancy CBRE Romania assisted Rus Savitar, one of Romania’s leading furniture producers, founded by Rusu family, in the sale of the plant in Dudestii Noi, Timis county, to UE more

22 ian 2025

Monza Ares, the largest private network providing specialized cardiology services in Romania, has inaugurated an interventional cardiology center at the Targu Jiu County Emergency Hospital. more

22 ian 2025

Electromontaj SA has signed a 10-year partnership with Tennet BV, operator of Netherlands’ high voltage grid, envisaging the building of 400 kms of high-voltage power lines and the upgrading of 600 more