20 apr 2023

Poland’s Keno, one of the largest manufacturers and distributors of complete photovoltaic installations, has opened a subsidiary in Romania to distribute its own panel and heat pump brands in the more

20 apr 2023

Law firm Filip & Company assisted Alsendo, a Polish delivery management tech solutions provider in Central Europe held by private equity fund manager Abris, in the buying the majority stake in Ecolet, more

20 apr 2023

Brasov has become the biggest regional residential market in Romania after Bucharest-Ilfov and ahead of Timisoara and Cluj-Napoca in the first quarter of this year, real estate consultant SVN Romania more

20 apr 2023

Hermes Business Campus, an office project part of Hungary’s real estate investment fund Adventum Group portfolio since 2021, has obtained the “Excellent” rating according to BREEAM In-Use more

20 apr 2023

Romania in 2022 registered a 5.6% unemployment rate (464,400 persons), a level similar to the 2021 one, as the employment rate for people aged between 20-64 reached 68.5%, up 1.4% from the previoys more

20 apr 2023

National gas transmission company Transgaz and E.ON Romania, a group focused on energy and natural gas distribution and supply, have sealed a partnership via which the two companies plan to work more

19 apr 2023

Private equity fund Morphosis Capital, founded by four Romanian executives, reported an overall 42% increase in turnover generated by the companies part of its portfolio against 2021. more

19 apr 2023

Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-March, with 36,966 units, up 27.6% from the same period of 2022, in line with data more

11 apr 2023

The International Monetary Fund (IMF) has revised the real economic growth projection for Romania downwards to 2.4% from the 3.1% estimated in the fall, its latest `World Economic Outlook’ report more

11 apr 2023

Agricover group, leader of Romania’s agribusiness market, controlled by businessman Jabbar Kanani, wants to list on the Bucharest Stock Exchange via an IPO that will include a maximum number of more

10 apr 2023

Novaservis Ferro Group, the subsidiary of Poland’s sanitary ware and heating solutions provider Ferro Group, which has a regional presence in Central and Eastern Europe and manufacturing facilities more

10 apr 2023

Romania’s largest hose manufacturer, Adesgo, which has an almost 100-year history, has been acquired by Israel’s Tefron Europe, a subsidiary of the Tefron Group, a developer and manufacturer of more

3 apr 2023

Holcim Romania, Romania’s largest building materials manufacturer by turnover, is expanding its aggregates arm by acquiring Stones Business Development, a major aggregates provider in the more

31 mar 2023

Holcim Romania, the biggest building materials manufacturer locally by turnover, has leased a 2,282-sqm space in the B-office building of Oregon Park, a green certified project built in Pipera, more

29 mar 2023

OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, has sealed a partnership with BNP Paribas, a major banking players in the EU, via which the company more

28 mar 2023

Candidates’ interest in remote jobs stayed high in the first three months of 2023, while the number of applications for jobs abroad registered a significant decline, reveals an analysis by eJobs.ro, more

28 mar 2023

Romanian business managers predict soaring prices in retail and constructions, but also in industry and services, during March-May 2023 period, in parallel with moderate activity growth in the more

27 mar 2023

Combinatul de Ingrasaminte Chimice (CICh) Navodari, the only Romanian producer of fertilizers and professional biostimulants, has appointed Mihai Anitei, former country manager of Swiss-held Ameropa, more

27 mar 2023

2Performant, the main player on Romania affiliated marketing market, expects RON48.6 million turnover in 2023, up 39% from 2022, and RON836,000 profit, three times bigger than the 2022 figure. more

27 mar 2023

Sphera Group, the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, estimates restaurant sales will top EUR320 million in 2023, up 21% from 2022, while normalized EBITDA more

27 mar 2023

Arctic Stream, an IT infrastructure and security integrator listed on the Bucharest Stock Exchange, expects turnover worth RON102.5 million (EUR20.83 million), in 2023, up 25% from 2022. Net profit is more

23 mar 2023

Dietary supplements, teas and cosmetics importer, wholesaler and retailer Secom announces that its own brand of dietary supplements Good Routine is now available in the Amazon marketplaces in France more

23 mar 2023

Mastercard is launching in Romania a cashback campaign for people who during the March 24-31 period choose to pay their taxes with a Mastercard debit or credit card, on Ghiseul.ro platform and mobile more

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