19 iun 2023

Central and Eastern Europe, including Romania, is benefiting from the relocation of production activities from more far away countries, such as Asian ones, closer to consumers, particularly owing to more

19 iun 2023

One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has announced it continues its partnership with Veolia Romania Solutii more

16 iun 2023

Total exports of processed tobacco products such as cigarettes and heated tobacco product refills stood at EUR1.48 billion in 2022, an increase of EUR140 million on 2021, National Statistics Institute more

16 iun 2023

Brasov-Ghimbav International Airport, the only international airport built in Romania from scratch in the last 50 years, officially opened for flights on Thursday, June 15 with a flight operated by more

16 iun 2023

Romania ended the first quarter of 2023 with a 5.8% unemployment rate (471,800 people), about the same as in the fourth quarter of 2022, while employment rate in the 20-64 age group stood at 68.5%, more

13 iun 2023

The overall turnover of the main retailers in Romania in 2022 went up by almost 16.3% year-on-year, an increase that tops the average annual inflation rate of 13.8%, reveals a survey carried out by more

25 mai 2023

Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate of more

25 mai 2023

2Performant (2P.RO), a technology company and the leader of the affiliate marketing market in Romania, in the first quarter of 2023 posted RON10.5 million turnover, up 25% from the year-earlier more

22 mai 2023

Romania's Finance Ministry raised RON646 million from banks on Monday (May 22), higher than the scheduled RON500 million, selling government paper maturing in May 2027, at an annual average yield of more

22 mai 2023

ENGIE Romania announces that after 13 years in Romania, Eric Stab will end his term as CEO of the company on June 1 and will continue as CEO of Engie Germany. more

22 mai 2023

OMV Petrom (SNP.RO), the largest company in Romania and the main integrated energy company in SE Europe has signed a funding contract via the National Recovery and Resilience Plan (NRRP) to build a more

22 mai 2023

Speedwell, one of the most dynamic real estate developers in Romania, has got the construction authorization for the third building part of The Ivy project, the housing compound located close to more

19 mai 2023

The euro/leu exchange rate reached a new all-time high on Friday, May 19, RON4.9783/EUR, after having previously peaked at RON4.9731/EUR on Thursday. more

19 mai 2023

Law firm bpv Grigorescu Stefanica advised the shareholders of Romanian company Softelligence, a provider of software engineering services, on its takeover by the US company Encora Holdings Limited, more

15 mai 2023

New loans granted by banks in Romania to consumers and companies stood at RON30.5 billion in the first quarter of 2023, an increase of more than 7.77% on the RON28.3 billion in the year-ago period. more

15 mai 2023

Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, in the first three months of 2023 generated RON7.3 million net profit, from net losses of RON10.9 more

15 mai 2023

Telecom operator Digi Communications reported total revenues of EUR394.9 million in the first quarter of this year, up 1.7% from the year-earlier period, while profit from continuing operations shrank more

10 mai 2023

Recruitment platform eJobs Romania in 2022 registered turnover worth almost EUR15 million and a number of 420,000 jobs posted, with this being the best year in the company’s history. more

10 mai 2023

Biosphere, a major producer and wholesaler of household, hygiene goods and professional products for the away-from-home segment of Eastern Europe and Central Asia, has acquired Alux plant specializing more

10 mai 2023

Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, reported individual turnover worth RON6 million in the first quarter of 2023, up 129% from the first more

9 mai 2023

Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to fund at more

9 mai 2023

Luxury watch retailer EraVault has opened its first store in Bucharest, in a EUR250,000 investment. more

9 mai 2023

Romanian investors have in the past five years purchased real estate properties worth EUR1.1 billion, accounting for 28% in the overall volume traded in this period, becoming the most dynamic buyers more

9 mai 2023

MedCity, a developer of buildings for the healthcare field part of SofMedica group specialized in medical equipment wholesale, has bought an over 1,000-sqm building in Timisoara from FF Group Romania, more

3 mai 2023

Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2 million more