14 nov 2024

Nuclearelectrica, Romania’s sole nuclear energy producer, ended the first nine months of 2024 with RON3.39 operating income, down 40% from the year-earlier period, while net profit dropped by 35%, more

13 nov 2024

Dendrio, part of Bittnet group, has contracted a RON5 million credit line from ING Bank to fund working capital and current activities. more

13 nov 2024

Aquila, an entrepreneurial FMCG wholesale and logistics company, ended the first nine months of 2024 with RON2.1 billion revenues, up 20%, and RON57 million net profit, down 19%. more

13 nov 2024

Safetech Innovations, a Romanian cybersecurity company, for the first nine months of 2024 reported RON30 million turnover, up 49%, and RON9.3 million net profit, 58% above the year-earlier period more

7 nov 2024

New retail project deliveries are likely to cross the 200,000-sqm threshold this year as well, close to the level of 2023, when developers built 213,000 square meters of new retail spaces, a more

6 nov 2024

Republic of Moldova’s largest lender Maib ended the first nine months of 2024 with net profit worth MDL 1,095 million, the equivalent of EUR56.9 million, up 10.9% from the year-earlier period. more

6 nov 2024

Holding company Meta Estate Trust has announced the total exit from the boutique residential project developed by APX Immo Property in Bucharest’s Cotroceni area. more

5 nov 2024

Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to UniCredit more

4 nov 2024

Meta Estate Trust, a holding company operating in the real estate field, has acquired a land plot near Bucharest’s Victory Square where it wants to develop a clinic-type office building for leasing more

1 nov 2024

Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (November more

1 nov 2024

Fast-food restaurant chain Hesburger has opened a new restaurant in the Baneasa Shopping Mall in Bucharest, following an investment of EUR0.5 million. more

1 nov 2024

New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show. more

1 nov 2024

Axel Johson Inc (AJI), a US company held by Swedish Johnson family, on Friday announced the acquisition of La Fantana S.R.L., one of the main suppliers on the market of water solutions in Central and more

31 oct 2024

Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2024 registered net profit worth RON2.21 billion (EUR446 million), up 30.6% from the year-earlier more

31 oct 2024

BRD-SocGen, the fourth largest bank in Romania by assets, in the first nine months of 2024 raked in RON1.06 billion net profit, down almost 11% from the same period of 2023. more

30 oct 2024

Raiffeisen Bank, the local subsidiary of the Austrian group of the same name and the sixth largest bank in Romania by assets, generated RON1.26 billion profit in the first nine months of 2024, more

28 oct 2024

A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings the more

28 oct 2024

Private healthcare company MedLife is continuing acquisitions and announces the takeover of the majority stake of 60% in Tulcea-based Routine Med. more

28 oct 2024

Lunet Eyewear, the only local producer of glasses, launched in 2019, is considering the opportunity of listing on the AeRO platform of the Bucharest Stock Exchange. more

28 oct 2024

Real estate developer One United Properties sold long-term rental properties, part of its commercial project portfolio, worth EUR52.4 million in the past 18 months. more

23 oct 2024

Romania private lending went up by 8.4% in September 2024 against September 2023, to a total of RON413.2 billion, central bank data showed on Wednesday, October 23, 2024. more

23 oct 2024

The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA to more

22 oct 2024

Natural gas and electricity distribution company Delgaz Grid, a member company of the E.ON Romania group, has starting October become the operator of the gas network in Remetea and Sineu localities of more

22 oct 2024

New passenger car registrations in Romania rose by 4.3% in January-September 2024 against the same period of last year, to 115,509 units, while at EU level the number of new car registrations inched more

21 oct 2024

Dr. Max, a major player on Romania’s pharma market, has signed a leasing contract for 11,800 square meters in ELI Park Iasi, a project part of the portfolio of ELI Parks, one of the most dynamic more