6 feb 2023

Online retailer evoMAG, controlled by entrepreneur Mihai Patrascu, has budgeted EUR500,000 in 2023, more than double the 2022 level. more

6 feb 2023

Electrocentrale Bucuresti SA (ELCEN), Bucharest’s main heat supplier, has announced the Bucharest Tribunal decided to close insolvency proceedings and reintroduce ELCEN in the economic circuit. more

3 feb 2023

Transelectrica (TEL.RO), the operator of the national energy transmission system, has signed a Grant Agreement worth around $1.1 million with the US government, represented by the United States Trade more

2 feb 2023

Banca Transilvania, the leading lender in Romania, is among the 300 most valuable banking brands in the world this year, where it climbed to 297 from 302 in 2022, according to Brand Finance Baking 500 more

1 feb 2023

eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center near more

1 feb 2023

Swedish furniture and home décor retailer IKEA has started the recruiting process for the more than 250 employees of the future store of Timisoara, which the company is set to open this summer. more

1 feb 2023

Electroaparataj Targoviste, a marker of electrical equipment and electrotechnical accessories, has announced that during the February 1-28 period it will substantially reduce its activity and suspend more

25 ian 2023

F64 Studio, operating Romania’s biggest photo-video equipment retailer, has sealed a partnership with fintech Mokka, a player on the Buy Now Pay Later market of CEE, via which clients can buy more

25 ian 2023

Software developer OVES Enterprise saw turnover top EUR6 million in 2022 and for the current year its officials expect turnover to double amid the rising number of projects in the financial and more

23 ian 2023

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, stayed at 7.28% a year on Monday more

20 ian 2023

The Ascendis Group, the leading player in the training and professional development consultancy market in Romania, is investing EUR100,000 in local software company Ringhel, which created PROCESIO more

20 ian 2023

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, on Friday, January 20, rose to 7.28% more

19 ian 2023

Premier Energy, a major natural gas supplier in Romania, has acquired the wind park of Nalbant, Tulcea, which boasts one of the best yields in the country, from Enex SRL. more

18 ian 2023

The mergers and acquisitions (M&A) market in Romania reached a record high in terms of value and number of transactions in 2022, as the total estimated market value for both disclosed and undisclosed more

18 ian 2023

AROBS Transilvania, the biggest technology company listed on the Bucharest Stock Exchange, has announced the acquisition of the entire stake in Centrul de Soft GPS SRL, known on the market under the more

11 ian 2023

Lowe Group, one of the most important communications agencies in Romania, is launching Path, a unit specialized in analyzing and interpreting strategic data for its customers. more

11 ian 2023

Luxury jewelry chain Teilor is expanding further on foreign markets by opening its four store in Hungary. more

11 ian 2023

5 to go coffee shop chain, the biggest player in the field, ended 2022 with over EUR30 million turnover at group level, twice as high as the 2021 level and above early-2022 expectations. more

10 ian 2023

The shift to hybrid work from remote work, together with the fact that a rising number of employees will be tempted to take up a second job to boost their revenues on the long term are the main labour more

9 ian 2023

2Performant, the main player on Romania’s affiliated marketing market, listed on the AeRO market of BVB, announces sales generated by its own platform reached EUR101.9 million (VAT not included) in more

5 ian 2023

The pace of new hirings will slow down in the first half of 2023 amid a macroeconomic context dominated by uncertainty, while the workforce crunch will still be a major challenge for the business more

4 ian 2023

THR Marea Neagra, controlled by Transilvania Investments, announces it has signed leasing contracts for three assets part of its portfolio. more

3 ian 2023

Romania has four high risks and seven moderate risks to its financial stability, the latest survey of its central bank among the main banks on the local market by assets shows. more

28 dec 2022

Romanian business managers expect for the December-February 2023 period a steep increase in prices in retail, in parallel with an activity slump in constructions, while the number of employees in more

27 dec 2022

Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed more