18 sep 2024

One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, has sealed a partnership with Paris Society, part of Ennismore group, to more

18 sep 2024

The shareholders of constructions group IBB Holding, with 12 companies operating in the construction field, have approved the issue of bonds with a value of up to EUR10 million, with a minimum more

11 sep 2024

Local real estate developer and investor River Development, controlled by entrepreneur Ion Radulea, is changing its name to SEMA Real Estate in the wake of a rebranding process. more

10 sep 2024

Patria Bank (PBK.RO) announces completion of the implementation of the contract for the assignment of a RON97 milion (as of April 30) personal loan portfolio together with Poland’s Alior Bank, via more

10 sep 2024

Corteva Agriscience, an international farming innovation company, has announced $800,000 investments in its Afumati production unit. more

9 sep 2024

Norofert (NRF.RO), a producer of organic ffarm inputs and provider of biotechnology for agriculture in Romania, listed on the Bucharest Stock Exchange on the AeRO market, is expanding its operations more

9 sep 2024

Tech company 2Performant Network, the biggest player on Romania’s affiliate marketing market, has sealed a preliminary agreement for the acquisition of affiliate networks Profitshare.ro and more

6 sep 2024

Law firm PeliPartners has assisted Bogdan Idu and companies of his group in the sale of their entire stake in Octogon Gas & Logistics, the company that operates the biggest LPG maritime terminal in more

5 sep 2024

Around 77,000 square meters of offices were traded in Bucharest in the second quarter of this year, with net demand posting a strong recovery, with a 62% share of traded volumes, the biggest quarterly more

4 sep 2024

Mineral wool producer Knauf Insulation, part of Knauf group, has finalized the construction of Tarnaveni, Mures county, plant, the company’s most advanced production unit in CEE. more

3 sep 2024

The shareholders of ROCA Industry, a Romanian construction materials holding, have recently approved the proposal to launch the company’s first bond issue program on the local capital market. more

2 sep 2024

Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the real estate platform of OLX, show. more

2 sep 2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an increase of more

2 sep 2024

Romania factoring market reached EUR4.33 billion in the first half of this year, up 8% from the same period of last year. more

2 sep 2024

Resource Partners, a major regional manager of private equity funds, has taken over an 80% stake in Vola.ro, leader of Romania’s online tourism market, also present in Poland, Bulgaria and Moldova. more

2 sep 2024

Winemaker Purcari has announced Alex Filip, the company’s deputy CEO, will take over as Group CEO starting January 1, 2025. more

30 aug 2024

Private healthcare provider MedLife in the first half of 2024 saw its net profit rise threefold, from RON5 million in H1/2023 to RON17.4 million. more

30 aug 2024

Libra Internet Bank, part of US investment group New Century Holdings (NCH), in the first half of 2024 registered RON149.5 million net profit, down from RON160.7 million in H1/2023. more

22 aug 2024

Uniqa Asigurari and Uniqa Asigurari de Viata, the local companies part of Austrian group Uniqa, ended the first half of 2024 with cumulated gross underwritten premiums worth EUR67.8 million, 18% more

22 aug 2024

SIVA Uniforms, the main professional outfit plant in Romania, expects turnover to double this year, to EUR4 million, and aims expansion of the brand on new foreign markets. more

21 aug 2024

Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European Bank for more

21 aug 2024

French fintech iBanFirst, a leading global provider of foreign exchange and international payments for businesses, has appointed Alin Latu as Country Manager for Hungary, where the company launched more

21 aug 2024

Florin Melinte has been recently appointed as Deputy CEO of optical retailer Lensa, a position from which, together with Daniel Craciun, Lensa founder and CEO, will support the expansion of the more

14 aug 2024

Romania’s Competition Council says there are a number of competition-related concerns about the deal whereby Delhaize “The Lion” Nederland B.V. (Mega Image) is buying Profi Rom Food SRL. more

13 aug 2024

Real estate developer HILS Development held by Ionut Negoita saw a 28% growth in apartment sales in all its six completed or in development projects in the first half of 2024, the company said. more