4 oct 2022

Iulius Group, the real estate developer controlled by Iulian Dascalu, has completed United Business Center 0, the fourth office building in the Iulius Town complex, a project built in Timisoara with more

29 sep 2022

Romanians’ spending habits have not changed a lot since before the pandemic, and expenses are uniformly spread across the week, with slight differences between working days and weekend days, a more

29 sep 2022

Diverta bookstore chain, controlled by entrepreneur Augustin Dragan, has listed a series of products on delivery platform Tazz that is under eMAG group’s umbrella. more

29 sep 2022

The shareholders of One United Properties, one of the largest real estate investors in Romania, in the 28 September meeting of the General Assembly of Shareholders (AGA) approved the distribution of more

23 sep 2022

Private lending in Romania grew by 15.9% in August 2022 compared with August 2021 to RON359 billion, as local currency lending increased by 16.8% and foreign currency lending expressed in lei by more

20 sep 2022

Romania’s digital economy is likely to grow 3.5 times by 2030, to around EUR52 billion, from RON14.8 billion in 2021, with IT&C investments and e-commerce as the main growth drivers, in line with more

19 sep 2022

Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has appointed Lucian Visan as the new chief executive officer of the company, effective September 1. more

15 sep 2022

Stay Fit Gym, Romania’s second largest gym chain by the number of opened centers, controlled by investment fund Morphosis Capital, has completely taken over two fitness centers in Sibiu and Galati. more

14 sep 2022

Luxury jewelry chain Teilor, present in ECE, for the first six months of 2022 reported RON124 million sales on Romania’s market, up 44% from the year-earlier period. more

13 sep 2022

Agroland Agribusiness (AAB.RO), a company that sells inputs for organic and traditional agriculture and is part of the Agroland group, reported operating revenues of RON25.9 million in the first half more

12 sep 2022

Agroserv Mariuta, the Romanian company that owns Laptaria cu Caimac brand, ended the first half of this year with net losses of RON1.4 million, against a net result of RON600,000 in 1H/2021, amid more

5 sep 2022

The management board of building materials producer TeraPlast announced it approved the setting up of the company, as a sole associate, of a limited liability company in Hungary, in Berettyóújfalu more

5 sep 2022

Restart Energy, one of the largest independent electricity suppliers in Romania, announced it has signed a EUR120,000 contract with paver manufacturer Elis Pavaje, owned by Gota family, for the more

5 sep 2022

SafeTech Innovations, a Romanian cybersecurity company listed on the AeRO market of the Bucharest Stock Exchange, for 1H/2022 reported total revenues worth RON15.3 million, up 16% from the more

5 sep 2022

Retail turnover, the main barometer for private consumption, in the first seven months of this year went up by 4.8% in gross series, from the same period of last year, amid rising sales of fuel (by more

2 sep 2022

Industrial production prices, a key indicator in gauging inflation, in July 2022 rose by 5.2% on the month and by 52.3% compared to July 2021, both on the domestic market and for the foreign one, with more

1 sep 2022

Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), in the first half of this year reported RON10.1 million profit, up 67% from the corresponding period more

30 aug 2022

Sphera Franchise Group, the operator of the KFC, Pizza Hut and Taco Bell brands in Romania, for the first half of this year reported RON8.7 million losses (not including the impact of IFRS 16 more

24 aug 2022

Private lending in Romania grew by 16.8% to RON358.1 billion in July 2022 compared with July 2021, as local currency lending increased by 18% and foreign currency lending expressed in lei by 13.9%, more

23 aug 2022

Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switzerland and more

22 aug 2022

Romania's Finance Ministry raised RON307 million from banks on Monday, via a government paper auction with a nominal value of RON300 million due in April 2036, at an annual average yield of 8.05%. more

22 aug 2022

One United Properties, one of the largest real estate developers in Romania, saw its net profit soar by 136%, to RON347.8 million, in the first six months of 2022 from 1H/2021. more

18 aug 2022

Brewer Bergenbier, part of the Molson Coors Group, announces a partnership with integrated provider of mobility and financing solutions Autonom, to outsource its fleet. more

18 aug 2022

CEC Bank has provided a EUR15 million line of credit to finance the ongoing operations of AAylex One, the company behind the Cocorico poultry brand. more

18 aug 2022

Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, ended the first half with gross written premiums of EUR6.44 billion, an increase more