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

27 feb 2024

Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0416 units/euro in the next 12 months, while the expected rate of inflation more

23 feb 2024

Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024). more

23 feb 2024

Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report more

22 feb 2024

Romania's Finance Ministry raised RON340 million from banks on Thursday (February 22, 2024), selling benchmark bonds with a scheduled value of RON200 million due in February 2038, at an annual average more

22 feb 2024

Technology startups from Romania, the Republic of Moldova, Serbia, Croatia, Slovenia and Bulgaria will be able to get funding through GapMinder Fund II, the EUR80 million investment vehicle launched more

22 feb 2024

Deals with commercial real estate assets worth above EUR600 million are currently under advanced negotiations, so that the volume traded in 2023 is likely to be matched in the first half of the more

22 feb 2024

Raiffeisen Bank Romania in 2023 posted income worth RON3.7 billion, up 16%, and net profit worth RON1.7 billion, 39% higher than in 2022. more

21 feb 2024

betahaus, a company that operates coworking spaces in Berlin, Hamburg, Barcelona and Sofia, is entering the Romanian market with the opening of a hub in the Premium Plaza office building in Bucharest, more

21 feb 2024

The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania survey shows. more

21 feb 2024

Agroland Agribusiness, a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, for 2023 reported operating revenues worth RON57.1 million, down 10% more

20 feb 2024

Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova increase by 23% in 2023 compared with 2022. more

20 feb 2024

Autonom Protect, the services unit for the insurance market of Autonom group, controlled by brothers Marius and Dan Stefan, has taken over the majority stake in Nova Ria24 Servicii, a company more

20 feb 2024

Romania ranks 14th in the European Union by new car registrations in January 2024, with a volume of 12,733 units, an increase of 3.8% on January 2023, data from the Romanian and European carmakers more

20 feb 2024

Bozankaya, a Turkish-held public transport vehicle producer, has gained a project within a tender organized by Iasi City Hall via which it will deliver the municipality 18 trams with a length of more

20 feb 2024

The Finance Ministry is readying to launch a new Fidelis government bond issue aimed at retail investors for which subscriptions will start on Wednesday, February 21, and end on Friday, March 1. more

19 feb 2024

Romania's Finance Ministry raised RON443.2 million from banks on Monday (February 19, 2024) selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual average yield more

19 feb 2024

KIWI Finance, one of the most important players in the loan brokerage market in Romania, ended 2023 with a volume of intermediated loans of over RON1.7 billion (EUR350 million), more than 90% of which more

19 feb 2024

Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of a photovoltaic power project, with a nameplate more

19 feb 2024

Philipp Gamauf will take the position of chief financial officer (CFO) of ING Bank Romania as of March 1, at which time he will also become a member of the bank's Executive Committee, the bank more

19 feb 2024

Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea companies, part of PPC group in Romania, previously named E-Distributie Muntenia, Banat and Dobrogea respectively, have more