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

21 oct 2024

AROBS Polska and AROBS Engineering, both part of AROBS group, the biggest tech company listed on the Bucharest Stock Exchange, have launched the “Close Proximity Operations Control Unit Development more

21 oct 2024

Real estate developer One United Properties has reported EUR190.6 million residential sales and pre-sales for the first nine months of 2024. more

18 oct 2024

French-held retailer Carrefour has finalized the integration of former hypermarket Cora Lujerului Bucharest, once the best food store in Romania by sales, in the context of its acquisition of Cora more

18 oct 2024

Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC) services, has finalized and grid connected its thirteenth more

18 oct 2024

RetuRo, the administrator of the Deposit Return System in Romania, has announced that in September consumers returned 435 million packaging materials, thus reaching a monthly collection rate of above more

17 oct 2024

The stock of industrial and logistics spaces in Romania is likely to overshoot 8 million square meters at end-2025, should the annual 500,000-sqm expansion pace maintain, is the conclusion of the more

17 oct 2024

A multidisciplinary team made up of Reff & Asociatii lawyers and Deloitte Romania financial and fiscal consultants have assisted investment fund SARMIS Capital in taking over the majority stake in more

15 oct 2024

The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September. more

15 oct 2024

Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of the main more

15 oct 2024

Cargus, a major player on Romania’s courier services market, has relocated its Targu Mures warehouse to a facility with an area of over 4,500 square meters, double the one of the previous location, more

15 oct 2024

Alexandrion group, the largest local spirits producer and a major player on the wine market, part of Nawaf Salameh Family Office, has appointed Jason Wischoff as Managing Director, Head of Franchise more

15 oct 2024

Law firm Filip & Company assisted eMAG Group in the sale of its entire stake in HCL Online Advertising, the company that operates Tazz platform, to Wolt, a Finnish company with operations in 28 more