27 oct 2022

Romania's Finance Ministry on Thursday (October 27) borrowed RON722 million from banks via a bond issue due in October 2027, at an annual average yield of 9.26%. more

27 oct 2022

Media monitoring company Klarmedia has taken over rival Media Image Group, the first specialist company in this business in Romania, Klarmedia announced. more

26 oct 2022

A total of 868,000 square meters of industrial and logistics space were leased in Romania in the first nine months of the year, almost double as many as in the year-ago period and already more than more

26 oct 2022

The real estate and construction sector has attracted around EUR12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI more

26 oct 2022

Romania’s capital Bucharest came out second in a ranking of the most affordable apartments in European capital cities and first among the largest city in the country, Kiwi Finance Real Estate Index more

26 oct 2022

Building materials maker TeraPlast Bistrita reported RON563.6 million turnover in the first nine months of 2022, up 25% from the year-earlier period. more

25 oct 2022

Cargus, a major player in the local courier market, has signed with CTP, the largest listed developer and manager of industrial and logistics space in Continental Europe, a lease for 3,400 square more

25 oct 2022

Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, expressed in more

25 oct 2022

Financial analysts part of CFA Romania expect the leu to depreciate to an average exchange rate of 5.0797 unit to the euro in the next 12 months, while the forecast inflation rate will hit an average more

21 oct 2022

Aquila Part Prod, the largest player on Romania’s consumer goods distribution market, is investing over EUR220,000 to expand the photovoltaic plant launched in late March, as well as in the more

19 oct 2022

Euroins Romania, the largest insurer in the country after City Insurance went bankrupt, ended the second quarter with RON1.52 billion in gross written premiums, an increase of 110% year-on-year, more

17 oct 2022

Automobile Dacia and Ford, Romania’s two carmakers, in the first nine months of 2022 manufactured 381,971 passenger cars, up 21.2% from the year-earlier period, in line with data provided by ACAROM, more

11 oct 2022

Luxury jewelry chain Teilor is expanding further in Poland by opening a new store, in Poznan, thus reaching a 63-unit network in five countries of Central and Eastern Europe. more

10 oct 2022

Real estate agencies in the first nine months of 2022 traded 627,837 square meters of warehousing spaces, with almost half of deals being initiated in the July-September period (3Q), reveals an market more

5 oct 2022

Local software producer Softbinator Technologies, listed on the AeRO market of the Bucharest Stock Exchange, announced the implementation within the company of a financial-accounting system that more

5 oct 2022

2Performant, the main player on Romania’s affiliated marketing market, listed on the AeRO market of the Bucharest Stock Exchange, has announced sales generated by its own platform reached EUR24 more

4 oct 2022

Integral Venture Partners, a private equity and growth equity fund focused on Central and Eastern Europe, is investing in national medical clinic network Medima Health, which specializes in imaging more

4 oct 2022

Iulius Group, the real estate developer controlled by Iulian Dascalu, has completed United Business Center 0, the fourth office building in the Iulius Town complex, a project built in Timisoara with more

29 sep 2022

Romanians’ spending habits have not changed a lot since before the pandemic, and expenses are uniformly spread across the week, with slight differences between working days and weekend days, a more

29 sep 2022

Diverta bookstore chain, controlled by entrepreneur Augustin Dragan, has listed a series of products on delivery platform Tazz that is under eMAG group’s umbrella. more

29 sep 2022

The shareholders of One United Properties, one of the largest real estate investors in Romania, in the 28 September meeting of the General Assembly of Shareholders (AGA) approved the distribution of more

23 sep 2022

Private lending in Romania grew by 15.9% in August 2022 compared with August 2021 to RON359 billion, as local currency lending increased by 16.8% and foreign currency lending expressed in lei by more

20 sep 2022

Romania’s digital economy is likely to grow 3.5 times by 2030, to around EUR52 billion, from RON14.8 billion in 2021, with IT&C investments and e-commerce as the main growth drivers, in line with more

19 sep 2022

Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has appointed Lucian Visan as the new chief executive officer of the company, effective September 1. more

15 sep 2022

Stay Fit Gym, Romania’s second largest gym chain by the number of opened centers, controlled by investment fund Morphosis Capital, has completely taken over two fitness centers in Sibiu and Galati. more