22 ian 2024

A delegation of the International Monetary Fund led by Jan Kees Martjin will visit Romania during the January 29-February 1 period for the periodic meeting the institution has with Romanian more

19 ian 2024

United Business Center 3 (UBC) office building in the Palas complex in Iasi developed by the Iulius Group will have a coworking space for the business community in the city as of the second quarter more

18 ian 2024

Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest. more

18 ian 2024

Furniture producer Spectral Mobila, with owns a plant near Barlad and a store network under the same name, ended 2023 with net turnover worth EUR6.7 million, up 16% from 2022, while its number of more

18 ian 2024

Romania ranks 14th in the EU by the number of new passenger cars registered in 2023, with a volume of 144,611 units, up 11.8% from 2022, out of which 15.368 were full-electric vehicles and 44,217 were more

11 ian 2024

Macroeconomic uncertainties, consumption decline and borrowing costs, but also inflation evolution are the main factors due to impact the local real estate market, but nevertheless investors remain more

11 ian 2024

AQUILA (symbol AQ), the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, announces the signing of a preliminary more

9 ian 2024

Law firm Filip & Company assisted Fondul Proprietatea in the sale of the minority stake it held in Engie Romania, in a deal worth above EUR86 million. more

3 ian 2024

Boozankaya, a Turkish public transport vehicle producer, has sealed a contract with Timisoara city hall for the delivery of 17 trams around 30 meter long and with a total transport capacity of around more

3 ian 2024

OMV Petrom, the largest integrated energy company in Southeast Europe, has announced it will acquire from RNV Infrastructure a 50% stake in Electrocentrale Borzesti, which holds approximately 1 GW more

22 dec 2023

Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024. more

22 dec 2023

Sweets are an essential item of holidays in the homes of Romanians and Bulgarians, reveals a report by Colliers based on a survey among respondents of Romania, Bulgaria, Czechia, Hungary and Slovakia more

21 dec 2023

Law firm PeliPartners assisted the Gymboland Group, which operates a network of 13 indoor playgrounds in Bucharest, Ploiesti and Constanta, to sell the majority stake to the Black Sea Fund at the same more

21 dec 2023

The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute announced on more

20 dec 2023

Independenta Sibiu, a company Transilvania Investments, one of Romania’s largest investment funds, is a majority stakeholder in, has completed the first phase of the rehabilitation of industrial more

20 dec 2023

Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-November, with a volume of 133,238 units, up 14% from the year-earlier period. more

19 dec 2023

More than half (52%) of Romania employees plan for a career change in early 2024, motivated by the need of a wage increase, while another 27% remain open to this possibility, but do not have a more

18 dec 2023

A large part of companies in Romania, from micro-enterprises to large ones, will undergo a sizable business restructuring process in 2024 amid fiscal challenges and rising economic uncertainties, more

14 dec 2023

Iulius Group, the real estate developer controlled by Iulian Dascalu, has invested EUR130 million in connectivity solutions, infrastructure, alternative mobility, the development of bicycle paths and more

14 dec 2023

US logistic company GXO, which manages the warehousing and distribution of freight from the food and non-food industries in several warehouses of Romania, has expanded its distribution services from more

7 dec 2023

M Core group, made up of London & Cambridge Properties, Evolve Estates, Sheet Anchor and Proudreed, which owns 1,233 properties worth almost £5 billion, has acquired the 25 retail parks managed by more

5 dec 2023

A team of deal specialists of PwC Romania and lawyers of D&B David si Baias assisted the shareholders of Paola Confectii in the sale of the business to Canadian group Canada Goose. more

5 dec 2023

Shipbuilder Santierul Naval Orsova has sealed a EUR2.6 million contract for the construction of a river ship for Gebr.DE JONGE Shipbuilding Services of the Netherlands. more

4 dec 2023

Groupe Atlantic, a French company in the HVAC field has opened its first plant of Romania in PWP Bucharest North industrial park of Aricestii Rahtivani, Prahova county, where it will start the more

29 nov 2023

The number of foreigners who will be able to come to work in Romania in 2024 is likely to reach 140,000, up 40% from the threshold admitted for this year, namely 100,000. more