5 iun 2024

MAGNOR holding, a Romanian-held company specializing in pawnbroking and money exchange services, ended 2023 with RON100 million turnover, up 25% from the previous year. more

5 iun 2024

Turkish furniture producer Adore Home, active on the Romanian market since 2022, expects EUR3 million turnover on the local market, 2.3 time higher than the EUR1.3 million level of 2023. more

3 iun 2024

Real estate consultancy Cushman & Wakefield Echinox ended 2023 with EUR12 million revenues, up 15% from 2022, with growth supported both by business lines providing brokerage services, and more

3 iun 2024

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has assisted J.C. Flowers & Co. in finalizing the sale of First Bank to Italian group Intesa, thus marking the exit of more

29 mai 2024

Black Sea Oil & Gas SRL (BSOG), a company owned by investment fund Carlyle International Energy Partners and the EBRD, is launching BSOG Energy SRL in Romania, a company focused on biogas plant more

28 mai 2024

MedLife, the main actor on the private medical service market in Romania, has opened a new Sweat fitness & wellness center in Drumul Taberei, Bucharest, following an almost EUR1 million investment. more

28 mai 2024

Deloitte Romania has assisted investment fund Accession Capital Partners (ACP) Credit, part of ACP Group, in granting EUR10 million funding to Mogo Romania, a company specializing in financing used more

28 mai 2024

Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, ended the first three months of 2024 with an overall EUR35.3 million volume of more

27 mai 2024

Romania’s natural gas transmission company Transgaz has announced at the Bucharest Stock Exchange that international rating agency Fitch has affirmed the rating of the company at 'BBB-' outlook more

24 mai 2024

Bogdan Neacsu, the chief executive officer of CEC Bank, the third largest lender in Romania by assets, has got his second term as chairman of the Romanian Association of Banks (ARB), after having been more

24 mai 2024

The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari, on the more

22 mai 2024

Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022. more

22 mai 2024

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units/euro in the next 12 months, while the inflation rate will more

21 mai 2024

The Romanian M&A market is among the top four M&A markets in the region in terms of deal volume and is increasingly gaining visibility with international investors and developing a strong local more

21 mai 2024

The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will generate new development opportunities in the south of more

20 mai 2024

The operating leasing market in Romania grew by 12% to 89,500 units under management in 2023, of which more than 90% are full service, according to the estimates of the Association of Operating more

20 mai 2024

Real estate holding Meta Estate Trust, in the first quarter of 2024 registered net profit worth RON2 million, three times higher than the net result reported in the year-earlier period. more

16 mai 2024

Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more

14 mai 2024

Irish retailer Primark, which opened its first Romania store in December 2022, plans to add its fourth store locally, in Vivo! shopping center of Cluj-Napoca. more

14 mai 2024

Photon Energy has signed a senior secured loan agreement worth up to EUR15 million with the European Bank for Reconstruction and Development (EBRD) that will finance the construction and completion of more

14 mai 2024

Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the year-earlier period, while operating revenues reached more

14 mai 2024

State-run nuclear power producer Nuclearelectrica ended the first quarter of 2024 with RON1.2 billion revenues, down 43.1% from Q1/2023, while net profit shrank by 26.5% to RON563.2 million. more

10 mai 2024

OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more

10 mai 2024

Private healthcare provider MedLife ended the first quarter of 2024 with pro-forma consolidated turnover worth RON647 million, up 22% from the year-earlier period, while net profit rose by 55.5% to more

10 mai 2024

OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly producing building materials, have signed an agreement more