23 apr 2024

Demand for land considered strategic and available at lower prices than in a very active market is on the rise in Romania, and the trend is drawing the attention of major developers looking to cement more

23 apr 2024

Popeyes, the US restaurant chain that arrived in Romania in the spring of 2022, in a franchise system, will open a new unit in Pitesti, the first city the company has chosen to bet on locally after more

19 apr 2024

A multidisciplinary team of lawyers from Reff & Asociatii | Deloitte Legal and financial and tax consultants from Deloitte Romania assisted the owners of Expo Market Doraly, Gheorghe Iaciu and the more

19 apr 2024

ROCA Agri RDF, the agricultural holding company of ROCA Investments, has appointed Bogdan Vlad chief executive officer, after the end of the term of interim CEO Alexandru Savin, who will continue to more

19 apr 2024

Romania ended 2023 with a 5.6% unemployment rate (455,600 people), about the same as in 2022 and 2021, as the employment rate for people aged 20-64 stood at a 68.7%, an increase of 0.2% year-on-year, more

18 apr 2024

New car registrations in Romania declined by 10.1% in the first three months of 2024 against the same period of 2023, to 33,228 units, in line with data from the Romanian and European associations more

16 apr 2024

International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “World more

16 apr 2024

Premier Energy group, owned by Czech investment fund Emma Capital, founded by Czech entrepreneur Jiri Smejc, has completed the acquisition of CEZ Vanzare, in the wake of which the regional client more

15 apr 2024

Greek group Public Power Corporation (PPC), which in 2023 took over Enel Romania assets, has signed a strategic cooperation agreement with Mytilineos Energy & Metals to develop and build a portfolio more

15 apr 2024

Law firm Filip & Company granted legal assistance for four significant shareholders in One United Properties, namely co-founders Andrei Diaconescu (via OA Liviu Holding Invest) and Victor Capitanu more

10 apr 2024

More than half (54%) of the total area leased by the Cluj-based company Transilvania Constructii in the TRC Parks logistics projects it develops and manages is used for warehousing and distribution, more

10 apr 2024

Agroland Business System, a Romanian retail, farming and food entrepreneurial group, has budgeted additional investments of around RON15 million in 2024 mainly targeting the Mihailesti poultry more

10 apr 2024

Romania competition council has greenlighted the deal whereby Polish retailer Zabka, together with Radu Trandafir, Ioana Ionitescu intend to take over Romania consumer goods wholesaler DRIM Daniel more

9 apr 2024

Romanian coffee shop chain 5 to go, launched on the market less than a decade ago, recorded a 48% year-on-year increase in sales in the first three months of 2024 and overshot the 550-location mark in more

9 apr 2024

Altius, a veterinary medicine company controlled by Marius Diaconu, together with PetMart, a business operating on the segment of online wholesaler of pet products, have leased 5,400 square meters of more

9 apr 2024

Teilor Holding SA, a group of companies with bonds listed on the Bucharest Stock Exchange, which includes Teilor luxury jewelry chain, finance company Invest Intermed GF IFN and Teilor Invest more

9 apr 2024

Filip & Company team assisted DIGI Spain Telecom S.L.U. in the deal sealed with Sota Investments Spain OpCo, S.L.U., a company controlled by a consortium made up of Macquarie Capital, abrdn and Arjun more

4 apr 2024

One United Properties, the leading green developer of residential, mixed-use and office real estate in Romania, has sealed a memorandum of understanding with CPI Property Group, a major real estate more

2 apr 2024

The number of jobs employers have posted since the start of 2024 has reached 75,000, almost 10% fewer than in the same period of last year. more

2 apr 2024

ProCredit Bank Romania has granted a EUR3.4 million funding to company group 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL, for the construction of two photovoltaic parks in more

1 apr 2024

AROBS Transilvania Software, the largest tech company listed at the Bucharest Stock Exchange, aims for RON494.9 million consolidated turnover in 2024, up 15.8% from 2023. more

29 mar 2024

Agricover Holding, an entrepreneurial agricultural business, posted RON44 million consolidated net profit in 2023, the company announced on Friday. more

29 mar 2024

BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, of the Ford more

29 mar 2024

Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables it to more

28 mar 2024

Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, proposes to shareholders the distribution of a gross dividend of RON0.02436/share, namely a total sum more