27 dec 2024

Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025. more

27 dec 2024

Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency more

27 dec 2024

Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central more

23 dec 2024

The total value of state aid approved in Romania during the 2019-2023 period reached EUR1.3 billion and 62% of approved state aid projects were granted to foreign companies, shows an EY Romania more

19 dec 2024

Nuclear power producer Nuclearelectrica and international consortium Candu Energy Inc., an AtkinsRéalis company, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co more

19 dec 2024

Real estate holding Meta Estate Trust has contracted an almost EUR1 million loan from Patria Bank to refinance 60% of its investment in Swissôtel project of Poiana Brasov. more

18 dec 2024

ATM Ventures, the investment arm of Autonom group owned by brothers Marius and Dan Stefan, has taken over 30% in Bucharest’s Meridian Taxi. more

17 dec 2024

BRD Sogelease IFN has contracted a EUR70 million loan from the European Investment Bank (EIB) to the end of boosting funding for a series of local small and medium-sized enterprises. more

17 dec 2024

Signal Iduna, leader of the local health insurance market, is assessing opportunities on the auto liability insurance (RCA) market in Romania amid the current dynamics of the sector and consolidation more

12 dec 2024

French real estate group Catinvest is expanding its footprint in Oltenia with the opening of Aparthotel Craiova, a EUR12 million investment in ElectroPutere Parc, owned and managed by the company. more

10 dec 2024

Techbolide, a developer of software solutions and IoT technologies, is relocating its central headquarters to office compound Business Garden Bucharest part of the portfolio of Swedish developer more

10 dec 2024

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic area, has signed an agreement for stock acquisition in Pehart Grup, one of southeastern Europe’s largest paper producers. more

5 dec 2024

Bucharest office space stock is among the “youngest” in Europe, but also in CEE, with an average age of around 11 years, which is a plus for owners in retaining and attracting new tenants, being more

5 dec 2024

The Macroeconomic Confidence Index of CFA Romania Association plunged in November by 13.5 points to 31.4 points, the lowest level since July 2020, shows the association’s latest survey. more

4 dec 2024

More than half (57%) of interactions Romanians have with their banks for new product purchases are digital, a level that is almost double the 2020 one, of 30%, in line with the European Retail Banking more

4 dec 2024

CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable more

28 nov 2024

The Romanian Army, via Romtehnica, a company representing the Romanian Ministry of Defense (MApN), has signed with Turkish land systems manufacturer Otokar a multiannual contract worth RON4.26 billion more

28 nov 2024

CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a real GDP more

26 nov 2024

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies lei-denominated more

26 nov 2024

Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign currency more

26 nov 2024

Private lending increased by 8.9% in October against the same period of 2023, to a total of RON416 billion, after local currency loans rose by 11.7% and foreign currency ones advanced by 3%, central more

26 nov 2024

Monsson, the main renewable energy project developer in Romania, controlled by businessman Emanuel Muntmark, has transferred to NEPI Rockcastle, Romania’s largest mall owner, a 50 MW photovoltaic more

25 nov 2024

Retele Electrice Muntenia, part of PPC Group in Romania, has launched a public tender of over RON445 million on SEAP platform for the design and execution of maintenance and modernization works on more

25 nov 2024

Bucharest’s Calea Victoriei (Victory Avenue), the main shopping street in Romania, has climbed two positions, to 38, in the ranking of the world’s most expensive shopping destinations, as more

21 nov 2024

Stay Fit Gym has become the network with the biggest number of centers opened in Romania and Eastern Europe with the launch of its 47th unit in Rahova, Bucharest. more