22 mar 2023

Agricover group, controlled by businessman Jabbar Kanani, reported revenues of around RON2.55 billion in 2022, up 50% from 2021 and net profit worth RON91.3 million, 7% higher on the year. more

20 mar 2023

ING Bank Romania is expanding its innovative payment services portfolio with Instant Payments services, developed by Transfond. more

20 mar 2023

The shares of construction materials wholesaler Sipex Company have today been included in the BETAeRO index, which comprises the most traded companies in the multilateral trading system (SMT). more

17 mar 2023

Credit Europe Bank Romania in 2022 generated net profit worth RON34.5 million, down from RON70 million in 2021, amid ongoing digitalization investments. more

16 mar 2023

The factoring market reached EUR7.85 billion in 2022, marking a record high increase of 30% on the year, with domestic factoring operations accounting for EUR6.78 billion, up 35% from 2021, the more

16 mar 2023

Meta Estate Trust, a holding-type company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, will be included in the BETAeRO index starting March 20. more

15 mar 2023

SmartBill, the main invoicing and management solution for SMEs in Romania, has integrated Smart Accounts service in its platform, via a partnership with Smart Fintech startup. more

15 mar 2023

The Bucharest Stock Exchange (BVB), the operator of Romania’s around RON223 billion capital market, is convening its shareholder in April 26 for the approval of the distribution of 2022 net profit, more

14 mar 2023

OTP Bank Romania and OTP Bank Plc have sealed a EUR57.8 million loan agreement with Exigent Property Investment for the construction of phase 5 of housing compound Exigent Plaza Residence located in more

14 mar 2023

Around 19,000 houses and apartments are likely to be delivered in 2023 in Bucharest and neighboring areas, down by 11% from last year, in line with a market report published by real estate consultancy more

9 mar 2023

Delgaz Grid, part of E.ON group in Romania, plans to attract, in the coming years, EUR700 million of European funds, to which around EUR1.5 billion of own funds will be added, to fund an extensive more

8 mar 2023

Bento, Intellectually Curious, a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, more

8 mar 2023

Redport Capital and Mobexpert group have finalized the acquisition of 44,000 square meters of land in Straulesti area, near Petrom City, in a deal worth around EUR13 million. more

7 mar 2023

Siemens Energy and independent power producer Mass Global Energy Rom S.R.L. have signed an agreement, which will see the former supply the HL-class gas turbine for the Mintia combined-cycle power more

7 mar 2023

CreditAmanet, a provider of pawnbroking and money exchange services, this year banks on a 50% turnover increase on the segment of pre-owned electronics, as circular economy seems to be gaining more

6 mar 2023

Law firm Filip & Company assisted Romanian digital factoring fintech Instant Factoring in getting a EUR600,000 funding from several investors, including MicroEurope, active in the field of more

3 mar 2023

The insurance market in Romania could reach an all-time high of more than RON16 billion in 2023, supported by the increase in the value of policies, but also by the growing interest of Romanians in more

3 mar 2023

Law firm Wolf Theiss assisted Belgium-held real estate developer Speedwell in securing a EUR24.3 million and RON17.6 million green loan from BRD-Groupe Société Générale to build two residential more

28 feb 2023

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON1.74 billion (EUR354 million) in 2022, 23.8% higher than the RON1.4 billion (EUR286.5 more

28 feb 2023

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, derived RON1.2 billion consolidated turnover in more

28 feb 2023

Romania’s natural gas transmission company Transgaz (TGN.RO) in 2022 generated RON369 million net profit, almost twice the 2021 level, amid RON1.57 billion, up 15%. more

27 feb 2023

Romanian state-owned lender CEC Bank reported an estimated, unaudited net profit of RON 446.8 million for 2022, up 22% compared to 2021. This is the fourth consecutive year of solid profits, growth more

27 feb 2023

Aquila Part Prod, the largest player on Romania’s consumer goods market, ended 2022 with RON2.21 billion revenues, up 15% on the year, while its net profit rose by 20% to RON85 million, the best more

22 feb 2023

Dutch-held group Damen Shipyards, which bought into Damen Mangalia shipyard in mid-2018, is repositioning its business strategy to capitalize on its resources and experience in shipbuilding, in order more

22 feb 2023

Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that the modern more