8 iun 2022

Glovo, a leading player in the express delivery industry, has appointed Iustinian Belghir to the role of General Manager for its Romanian operations, effective June this year. more

8 iun 2022

Life insurance company Aegon Romania, part of international financial group Aegon, ended 2021 with gross written premiums of RON153.4 milion, an increase of 14.09% on 2020 and a 4.73% market share. more

8 iun 2022

Shares of One United Properties, a real estate developer of residential, office and mixed-use projects in Romania, will be included, starting June 20, in a new FTSE Russell index: the FTSE EPRA Nareit more

8 iun 2022

Agroland Business System, the Romanian retail, agriculture and food entrepreneurial group which owns the largest network of agricultural stores in Romania, inked a partnership agreement with Mega more

7 iun 2022

Business angels investment platform Growceanu aims to raise EUR300,000 in an investment round set to unfold exclusively on the Growceanu platform starting June 9th. more

6 iun 2022

Enevo Group, a Romanian business specializing in electrical engineering and automation systems for the energy sector, is about to move into some 900 square meters in the AFI Lakeview office building more

27 mai 2022

The European Reconstruction and Development Bank (EBRD) has recently announced it’s expanding its presence in Romania by opening a new regional office in Cluj-Napoca, the country’s second largest more

25 mai 2022

Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the project more

25 mai 2022

Agroland Agribusness (AAB.RO), a Romanian entrepreneurial business, part of Agroland group, specializing in the sale of farming inputs, ended the first quarter of this year with operating revenue more

20 mai 2022

The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach more

20 mai 2022

CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’s more

20 mai 2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, increased to 5.71% a year on Friday more

20 mai 2022

Square 7 Properties, a company that develops and manages retail parks, owned by Austrian businessman Clemens Petschnikar, has announced the acquisition of a 30,000-sqm land plot in Medias, where it more

16 mai 2022

Real estate developer One United Properties, listed on the main market of the Bucharest Stock Exchange (ticker ONE), ended the first quarter of this year with consolidated revenues worth RON348.7 more

4 mai 2022

Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in specialized more

2 mai 2022

AROBS Transilvania Software, a tech company listed on the Bucharest Stock Exchange under the AROBS ticker, targets RON197.3 million, RON54.9 million EBITDA and net profit worth RON47.3 million at more

29 apr 2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more

29 apr 2022

ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, which serves as an umbrella for various Romanian construction material manufacturers, announced more

29 apr 2022

Regional investment fund SIF Oltenia (SIF5.RO) shareholders approved distribution of 39.95% of the 2021 net profit (RON37.5 million) or RON15 million as dividends, which ensures a gross dividend per more

29 apr 2022

Recycling group Green Group, which includes eight companies with recycling and waste management operations in Romania and Eastern Europe, will relocate its Bucharest office to the One Tower building more

29 apr 2022

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stood at 4.95% a year on Friday, April more

29 apr 2022

Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR87.0 more

28 apr 2022

Romania’s largest cosmetics manufacturer, Farmec Cluj-Napoca, posted RON285 million revenue in 2021, an increase of 8.4% on 2019 and 1.2% lower than in 2020, when sanitizers carried the weight the more

28 apr 2022

Sport Guru, the main retailer and distributor of specialized sporting goods domestically, posted total sales of RON38.4 million at the end of 2021, up 62% on the year, and RON2.8 million net profit, more

28 apr 2022

ABN Systems International (ABN.RO), the owner of the Tellur brand, ended 2021 with RON108.7 million (EUR22 million) revenue, an increase of 16.2% on the previous year, while the net profit rose 67.8% more