28 nov 2023

Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International School in more

27 nov 2023

Over 70% of real estate developers in Romania present a major insolvency risk amid rising challenges generated by falling real estate sales and hiked taxes, reveals an analysis conducted by consulting more

21 nov 2023

Turkey’s Jimmy Key, with an over 30-year experience in womenswear, will open its second store of Romania on December 8 in Bucharest’s AFI Cotroceni shopping center developed by AFI Europe. more

21 nov 2023

The Bucharest Stock Exchange (BVB) was the only stock exchange in Europe with a globally significant IPO: Hidroelectrica’s $2 billion offer placed BVB in the 4th place in the global ranking more

21 nov 2023

Autonom group, founded by brothers Marius and Dan Stefan, has launched a new ride hailing service on Bucharest market, called Blue, in the wake of a EUR5 million total investment. more

21 nov 2023

Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-October 2023, with a volume of 122,104 units, up 15.4% from the year-earlier period, of which 12,88 more

20 nov 2023

UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity generation more

20 nov 2023

Side Grup, the main wholesaler of cleaning and hygiene products locally, has leased almost 6,000 square meters of logistic spaces and offices in MLP Bucharest West park developed by Polish group MLP more

17 nov 2023

IKEA Romania, one of the largest furniture and home decor retailers in the market, posted 14.1% growth in sales to more than RON1.2 billion in the fiscal 2023, after having sold more than 22 million more

17 nov 2023

ProCredit Bank Romania has lent EUR3.15 million to nextE group for the construction of a photovoltaic station with an installed power of 7.4 MWp in Bistrita Nasaud county. more

17 nov 2023

The passenger car output of Romania’s two car plants, Dacia and Ford, went up by 14.48% in October year-on-year, to a total of 49,230 units, in line with data provided by the country’s carmakers more

16 nov 2023

Industrial and logistics projects accounting for about 555,000 square meters are currently under construction in Romania and due to be delivered by the end of 2024, 60% or 315,000 square meters of more

16 nov 2023

Construction material holding company Roca Industry (ROC1.RO), launched by Roca Investments, posted RON439.2 million revenue for its companies in the first nine months of the year, an increase of 7.9% more

16 nov 2023

Idea Bank, which Banca Transilvania acquired two years ago, will change its name to Salt Bank and will become the first 100% digital bank made in Romania. more

15 nov 2023

Sphera Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romani, as well as the KFC units in Italy and the Republic of Moldova, ended the first nine months of 2023 with sales in more

14 nov 2023

Real estate developer One United Properties registered RON1.15 billion consolidated turnover in the first nine months of 2023, up 27% from the year-earlier period, while gross profit reached RON411.3 more

13 nov 2023

Aquila, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, ended the first nine months of 2023 with RON1.7 more

9 nov 2023

Romania's Finance Ministry raised RON825.4 million from banks on Thursday (November 9), RON225.4 million more than the planned RON600 million, selling bonds due in October 2033, at an annual average more

9 nov 2023

Sopsa, a global leader in waste management sustainable solutions, is entering the local market by signing a leasing contract for 6,400 square meters of industrial and office spaces in ELI Park 4, a more

9 nov 2023

Romania’s trade deficit in the first nine months of 2023 shrank by 18.4% to a total of EUR20.3 billion, as the country’s exports rose by 2.1%, while imports dropped by 3.4%, data from the more

8 nov 2023

Banca Transilvania is granting a EUR25.3 million loan to parcel delivery company Sameday, held by eMAG, to support its medium-term investment plan. more

7 nov 2023

Romanian winemaker Domeniile Averesti, owned by entrepreneur Constantin Dulute, is due in 2023 to list its wines in three of the main food retail networks in the US, namely Cotsco, Aldi and Target. more

6 nov 2023

The volume of investments on Romania office segment reached EUR15 million in the third quarter of 2023, with the overall volume expected to revolve around EUR69 million for 2023, in line with data more

3 nov 2023

Alpha Bank, a top ten lender by assets in Romania, posted EUR34 million net profit in the first nine months of 2023, while its assets reached EUR4.48 billion at the end of September, an annual more

3 nov 2023

Raiffeisen Bank, the local subsidiary of the Austrian group of the same name, in the first nine months of 2023 registered RON1.3 billion, up 45% from the gain of the same period of 2022. more