12 sep 2023

Mozaik Investments, an investment fund launched in 2019, is set to get investments via PNRR worth as much as EUR25 million, to fund around 7-9 small and medium-sized companies, mainly from retail and more

12 sep 2023

Huennebeck Romania, a company active in the field of casing and scaffolding systems, part of a Germany group, has signed an agreement with ELI Parks, a major developer on Romania’s real estate, more

4 sep 2023

Real estate developer One United Properties has convened its shareholders for October 9 to approve the distribution of interim dividends from the company’s profit corresponding to the first six more

31 aug 2023

Holde Agri Invest, a Romanian-held company that operates farmland, has completed construction of a new silo within Frumusani farm of Buciumeni, Calarasi county, with a storage capacity of 10,000 tons more

30 aug 2023

Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, for the first half of 2023 reported net profit of RON19.4 million, compared with RON8.7 million more

29 aug 2023

Retail pharmacy chain Minifarm, which has developed in Tulcea and Constanta counties, and recently in Bucharest, plans to take over nine pharmacies in Bucharest from Farmacia Elixirfarm Impex and more

29 aug 2023

Belgian-held drywall products maker Etex Building Performance (the former Siniat Romania) will invest EUR28 million in a plasterboard plant near Bucharest, which is set to start operating in 2025. more

29 aug 2023

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and the leading company in the renewable energy field, has completed the first more

28 aug 2023

Romanian executives for August-October 2023 period project a moderate activity increase in constructions and retail, in parallel with rising prices in the two fields, while the number of employees in more

25 aug 2023

Electrica, a major player on Romania’s electricity distribution and supply market, in January-June 2023 period reported net profit of RON106 million, a significant improvement against the RON176 more

25 aug 2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0798 units/euro in the coming 12 months, while the average inflation more

25 aug 2023

Private healthcare operator MedLife Group reported RON1.06 billion turnover in the first six months of 2023, up 23.9% from the year-earlier period. more

24 aug 2023

Credex IFN, a non-banking financial institution (NBFI) of the Altex Group, the leading computer and electronics retailer in Romania, has secured a license to operate as a payment institution from more

24 aug 2023

The number of real estate deals in Romania stood at 12,252 in July 2023, an increase of 16% on June 2023, data from the national cadaster agency ANCPI showed on Thursday (August 24). more

24 aug 2023

Private lending in Romania grew by 5.6% in nominal terms (down 3.5% in real terms) to RON378.2 billion in July 2023 compared with July 2022, central bank data showed on Thursday (August 24). more

24 aug 2023

Orange, leader of Romania’s telecom market, has announced it reached an agreement regarding the transfer of Orange Money retail business of Romania to Alpha Bank Romania. more

24 aug 2023

Winemaker Purcari in the first half of this year registered RON161.4 million revenues, up 30% from the year-earlier period, while net profit rose by 22% to RON25.5 million. more

23 aug 2023

Natalie Thompson (32), currently Head of Marketing and Communications at MBGD in Dubai, will take over as CEO of Mercedes-Benz Romania from the fourth quarter of 2023. more

23 aug 2023

Romania ranks third among European countries with cheapest housing, after Bosnia and Herzegovina and Greece, as the average price of a new home is EUR1,417/square meter, up from EUR1,266/square meter more

22 aug 2023

Romanian-held growth equity fund Agista, which is in the process of being licensed by Romania’s Financial Supervisory Authority has signed a contract to buy a minority stake in medical clinic more

22 aug 2023

Museum of Immersive New Art (MINA), an innovative initiative presented by George.BCR and conceived by One Night Gallery and Le Petit, is set to open starting August 25 in Bucharest and become the more

22 aug 2023

Publicis Groupe, a marketing, communications and digital transformation group, present for over 25 years on the Romanian market, is launching a new communications and PR agency, Publicis Relations, more

22 aug 2023

SafeTech Innovations, a Romanian cybersecurity company listed on the Bucharest Stock Exchange, with offices in Bucharest, London and Abu Dhabi, has reported turnover worth RON13.5 million in the first more

21 aug 2023

Romania's Finance Ministry raised RON674 million from banks on Monday (August 21), selling government paper with a nominal value of RON500 million due in October 2028, at an annual average yield of more

21 aug 2023

The Bucharest hotel market remains attractive for hotel operators to expand their networks in Central and Eastern Europe (CEE). Bucharest is the 5th most attractive market out of 20 cities in CEE in more