18 dec 2023

A large part of companies in Romania, from micro-enterprises to large ones, will undergo a sizable business restructuring process in 2024 amid fiscal challenges and rising economic uncertainties, more

14 dec 2023

Iulius Group, the real estate developer controlled by Iulian Dascalu, has invested EUR130 million in connectivity solutions, infrastructure, alternative mobility, the development of bicycle paths and more

14 dec 2023

US logistic company GXO, which manages the warehousing and distribution of freight from the food and non-food industries in several warehouses of Romania, has expanded its distribution services from more

7 dec 2023

M Core group, made up of London & Cambridge Properties, Evolve Estates, Sheet Anchor and Proudreed, which owns 1,233 properties worth almost £5 billion, has acquired the 25 retail parks managed by more

5 dec 2023

A team of deal specialists of PwC Romania and lawyers of D&B David si Baias assisted the shareholders of Paola Confectii in the sale of the business to Canadian group Canada Goose. more

5 dec 2023

Shipbuilder Santierul Naval Orsova has sealed a EUR2.6 million contract for the construction of a river ship for Gebr.DE JONGE Shipbuilding Services of the Netherlands. more

4 dec 2023

Groupe Atlantic, a French company in the HVAC field has opened its first plant of Romania in PWP Bucharest North industrial park of Aricestii Rahtivani, Prahova county, where it will start the more

29 nov 2023

The number of foreigners who will be able to come to work in Romania in 2024 is likely to reach 140,000, up 40% from the threshold admitted for this year, namely 100,000. more

28 nov 2023

Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International School in more

27 nov 2023

Over 70% of real estate developers in Romania present a major insolvency risk amid rising challenges generated by falling real estate sales and hiked taxes, reveals an analysis conducted by consulting more

21 nov 2023

Turkey’s Jimmy Key, with an over 30-year experience in womenswear, will open its second store of Romania on December 8 in Bucharest’s AFI Cotroceni shopping center developed by AFI Europe. more

21 nov 2023

The Bucharest Stock Exchange (BVB) was the only stock exchange in Europe with a globally significant IPO: Hidroelectrica’s $2 billion offer placed BVB in the 4th place in the global ranking more

21 nov 2023

Autonom group, founded by brothers Marius and Dan Stefan, has launched a new ride hailing service on Bucharest market, called Blue, in the wake of a EUR5 million total investment. more

21 nov 2023

Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-October 2023, with a volume of 122,104 units, up 15.4% from the year-earlier period, of which 12,88 more

20 nov 2023

UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity generation more

20 nov 2023

Side Grup, the main wholesaler of cleaning and hygiene products locally, has leased almost 6,000 square meters of logistic spaces and offices in MLP Bucharest West park developed by Polish group MLP more

17 nov 2023

IKEA Romania, one of the largest furniture and home decor retailers in the market, posted 14.1% growth in sales to more than RON1.2 billion in the fiscal 2023, after having sold more than 22 million more

17 nov 2023

ProCredit Bank Romania has lent EUR3.15 million to nextE group for the construction of a photovoltaic station with an installed power of 7.4 MWp in Bistrita Nasaud county. more

17 nov 2023

The passenger car output of Romania’s two car plants, Dacia and Ford, went up by 14.48% in October year-on-year, to a total of 49,230 units, in line with data provided by the country’s carmakers more

16 nov 2023

Industrial and logistics projects accounting for about 555,000 square meters are currently under construction in Romania and due to be delivered by the end of 2024, 60% or 315,000 square meters of more

16 nov 2023

Construction material holding company Roca Industry (ROC1.RO), launched by Roca Investments, posted RON439.2 million revenue for its companies in the first nine months of the year, an increase of 7.9% more

16 nov 2023

Idea Bank, which Banca Transilvania acquired two years ago, will change its name to Salt Bank and will become the first 100% digital bank made in Romania. more

15 nov 2023

Sphera Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romani, as well as the KFC units in Italy and the Republic of Moldova, ended the first nine months of 2023 with sales in more

14 nov 2023

Real estate developer One United Properties registered RON1.15 billion consolidated turnover in the first nine months of 2023, up 27% from the year-earlier period, while gross profit reached RON411.3 more

13 nov 2023

Aquila, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, ended the first nine months of 2023 with RON1.7 more