29 mar 2024

Agricover Holding, an entrepreneurial agricultural business, posted RON44 million consolidated net profit in 2023, the company announced on Friday. more

29 mar 2024

BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, of the Ford more

29 mar 2024

Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables it to more

28 mar 2024

Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, proposes to shareholders the distribution of a gross dividend of RON0.02436/share, namely a total sum more

27 mar 2024

Financial analysts part of the CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0500 units/Euro in the next 12 months, while the inflation rate will more

25 mar 2024

Romania's Finance Ministry raised RON962.4 million from banks on Monday (March 25, 2024), selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual average yield more

25 mar 2024

Real estate consulting company Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, one of the most representative projects in the Expozitiei area of more

25 mar 2024

CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has leased, for a five-year period, an area of 19,000 square meters of logistic spaces in more

25 mar 2024

Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, has budgeted two-digit increases for its main more

22 mar 2024

HP Inc. Romania, the local subsidiary of the US computer and printer supplier and IT services provider of the same name, has signed to extend by another five years the lease contract for 7,000 square more

21 mar 2024

The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2% pace of more

21 mar 2024

New car registrations in Romania posted an 8.9% decline in February against the same month of 2023, to 11,339 units, of which 1,109 were full electric ones, up 6.6% year-on-year, and 3,736 hybrid more

19 mar 2024

CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has signed for a syndicated loan facility totally worth EUR200 million to refinance the more

18 mar 2024

Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and office spaces in ELI Park 4, a project part of the more

18 mar 2024

EY assisted Delgaz Grid SA and Retele Electrice Banat SA in readying funding applications for investments in electricity grid expansion and modernization. more

13 mar 2024

The Finance Ministry starting Wednesday, March 13, launched a new edition of Tezaur T-bills program, with 1 and 3-year maturities and annual interest rates of 6.1% and 6.85% respectively. more

8 mar 2024

Hidroelectrica, Romania’s biggest energy producer, has become a partner of Romania’s Olympic and Sports Committee (COSR) to support Romania’s olympic team during the training, qualification and more

8 mar 2024

Alpha Bank Romania, among the 10 largest banks in Romania by assets, for 2023 reported EUR38 million net profit, 15% higher than in 2022, amid the strong commercial activity and efficient cost and more

5 mar 2024

Agribusiness group Rodbun has contracted a syndicated loan facility totally worth EUR101.5 million via the refinancing and increase of existing facilities by EUR37.14 million. more

5 mar 2024

Supermarket La Cocos retailer, controlled by entrepreneur Iulian Nica, has expanded to Brasov, after Ploiesti and Bucharest, where it will open the fourth hypermarket locally, with an area of around more

29 feb 2024

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON2.32 billion (EUR469 million) in 2023, up 33% from 2022, driven by improved operating result more

29 feb 2024

Romanian winemaker Purcari in 2023 registered RON369.4 million revenues, 22% higher than in 2022, while its net profit rose by 45%, to RON59.6 million. more

27 feb 2024

Dental clinic network Dr. Ardeleanu has opened a stomatology center in Calarasi in the wake of a EUR700,000 investment, only four months after the company opened a similar unit in Slobozia. more

27 feb 2024

AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, has fully acquired Infobest group, specialized in the development of customized software solutions, with more

27 feb 2024

One United Properties, the leading green developer of residential, mixed-use and office real estate in Romania, reported preliminary consolidated turnover worth RON1.5 billion for 2023, up 30% from more