27 dec 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, has decreased to 7.61% a year in the more

22 dec 2022

Ascendis group, a leading player on the training and consulting market in the field of professional development in Romania, has ended 2022 with turnover worth above EUR10 million, 35% higher than in more

22 dec 2022

Financial analysts part of CFA Romania estimate the Romanian currency will decline to an average exchange rate of 5.1021 unit per euro in the next 12 months, while the estimated inflation rate will more

21 dec 2022

The lawyers of the Capital Markets practice of law firm Clifford Chance Badea, the local office of global law firm Clifford Chance, assisted UniCredit Bank in the launch of its latest corporate bond more

21 dec 2022

The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report by more

19 dec 2022

Global Business Solutions (GBS), the largest shared services centre of cigarette producer BAT, and one of the six worldwide, is moving Romania offices in the second development phase of One Cotroceni more

16 dec 2022

The Justice District, the real estate project to be built on the Esplanada plot on Bulevardul Unirii in Bucharest, which should include 23 institutions, got its Detailed Urban Plan (PUD) approved, the more

16 dec 2022

Romania competition authorities greenlighted the deal whereby ROCA Agri RDF, the farming holding of ROCA Investments, entirely takes over Dachim and Supliment companies controlled by Vetimex Capital more

16 dec 2022

Business angels investment platform Growceanu is investing EUR80,000 in MedTech startup MediNav, which uses AI to extract structured medical information, in a EUR250,000 round. more

16 dec 2022

Automobile Dacia and Ford, Romania’s two carmakers, in the first 11 months of this year manufactured 473,535 passenger cars, up 24.6% from the same period of 2021, in line with data provided by the more

16 dec 2022

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of three historical buildings in more

15 dec 2022

Consulting services company PwC Romania will include the solutions developed by the Romanian fintech Finqware in its automation services portfolio amid companies’ rising demand for solutions related more

15 dec 2022

Paper manufacturer Pehart Tec, controlled by private equity fund Abris Capital, is extending to EUR78 million the syndicated loan contracted in 2020. more

13 dec 2022

Delivery platform Bringo has leased a 600-sqm area in Eminescu Offices office building developed by Akcent Development in downtown Bucharest and managed by the Asset Services team of Cushman & more

8 dec 2022

Euroest Car, a Romanian company specializing in car part import and distribution, has leased 9,500 square meters in industrial park CTPark Chitila, developed by CTP in north-western Bucharest. more

8 dec 2022

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has contracted a EUR5 million (RON25 million) loan from ING Bank Romania for the more

7 dec 2022

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has announced the opening of a subsidiary in Chisinau, the Republic of Moldova, more

29 nov 2022

AROBS Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has announced the completion of the first stage of the Stock Option Plan scheme for the stimulation more

29 nov 2022

Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen averaging more

16 nov 2022

Forty Management, one of the leading real estate developers of mixed-use and urban redevelopment projects in Romania, has completed the sale of 1,220 square meters of retail space located in its more

16 nov 2022

Meta Estate Trust, a holding company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, ended the first nine months of 2022 with total revenues worth more

16 nov 2022

Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), for the first nine months of 2022 reported RON14.8 million net profit, up 106.4% from the year-earlier more

15 nov 2022

Construction materials producer Prefab Bucuresti reported net profit worth RON7.45 million in the first nine months of 2022, down 22.9% from the year-earlier period, amid RON72.9 million turnover, more

15 nov 2022

Wine maker Purcari for the first nine months of 2022 reported net profit worth RON35.3 million, down 11% from the same period of 2021, amid RON199.7 million revenues, up 20%. more

14 nov 2022

Alro Slatina Group, one of the largest vertically integrated aluminum producers Europe, saw its net losses widen to RON110 million in the first nine months of 2022 from the RON25 million in the more