10 nov 2022

OTP Bank Romania, the local subsidiary of Hungary’s largest banking group posted RON15 million loss in the first three quarters of 2022, largely due to the increase in total provisions to RON151 more

9 nov 2022

Teilor, the luxury jewelry store chain with bonds listed on the Bucharest Stock Exchange, continues to expand in Poland by opening a new store, in Wroclaw, thus reaching a portfolio of 13 units more

9 nov 2022

Alpha Bank, among the ten largest banks by assets in Romania, in the first nine months of 2022 generated profit before tax worth EUR36.7 million, 82.5% higher than in the year-earlier period. more

8 nov 2022

Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a year from more

8 nov 2022

2Performant, the main player on Romania’s affiliated marketing market, reported RON23.7 million turnover in the first nine months of 2022, up 43% from the year-earlier period. more

8 nov 2022

Finas Group, a Cluj-based company operating on the green power, has partnered, in a joint venture, with DTEK Renewables International, the main private energy investor of Ukraine, in a bid to develop more

8 nov 2022

Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2%) and more

4 nov 2022

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, posted net profit worth RON1.53 billion (EUR312 million) in the first nine months of 2022, up 34.8% from the same period of more

4 nov 2022

BRD-SocGen, the third largest bank in Romania by assets, ended the first nine months of 2022 with RON2.44 billion net banking income, up 11.6% from the year-earlier period, while net profit increased more

3 nov 2022

Raiffeisen Bank, the local subsidiary of the Austrian group of the same name, for the first nine months of 2022 reported RON920 million net profit, up 43% from the year-earlier period. more

1 nov 2022

Paval Holding, the Paval brothers' company that also owns DIY retailer Dedeman, has bought the first phase of the U Center office building in the Tineretului area in Bucharest from Forte Partners. more

1 nov 2022

One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, has obtained the building permit for One Floreasca Towers, a premium more

31 oct 2022

Romania's Finance Ministry raised RON475.2 million on Monday (October 31) selling bonds maturing in October 2032, at an annual average yield of 9.25%. more

31 oct 2022

One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, will pay on November 3rd the half-year dividend of RON0.013 per share and more

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