11 aug 2022

OTP Bank, the Romanian subsidiary of Hungary's largest banking group, recorded a loss of RON14 million in the first half of this year, mainly due to an increase in the total cost of risk, notes the more

9 aug 2022

Luxury jewelry store chain Teilor, with bonds listed on the Bucharest Stock Exchange, is further expanding in Hungary by opening its third store in Budapest and reaches a 62-unit network in five more

9 aug 2022

Romania’s trade balance posted a deficit of EUR15.3 billion in January-June 2022, EUR4.74 billion higher than in the same period of 2021, in line with data from the country’s statistics board INS. more

8 aug 2022

Romania’s modern office space stock has gone beyond 4.3 million square meters in the first half of this year, with 76% concentrated in Bucharest and is set to hit 4.7 million square meters in early more

4 aug 2022

MedLife, the main player on Romania’s private healthcare market, has acquired 60% in Brasov-based ophthalmological diagnosis and surgery clinic Opticristal, with over EUR1 million turnover in 2021. more

3 aug 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, on Wednesday, August 3rd, reached 8.05% more

3 aug 2022

Alpha Bank, among the ten largest banks by assets on the Romanian market, in the first half of this year posted EUR18.2 million gross profit, up 71.6% from the 1H/2021 level. more

3 aug 2022

AROBS Transilvania Software, the largest tech company listed on the Bucharest Stock Exchange, is launching the AROBS Engineering unit, officially registered as AROBS Development & Engineering, after more

3 aug 2022

Retail turnover, the main barometer for private consumption, in the first six months of this year went up by 5.2% in gross series from the year-earlier period, amid rising sales of car fuel (+9.6%), more

2 aug 2022

Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile. more

2 aug 2022

Parcel delivery company DPD Romania, one of the largest courier services companies in Romania, has leased 3,500 square meters of warehousing space in VGP Park Arad logistics project located close to more

28 iul 2022

AROBS Transilvania Software, the largest tech company listed on the Bucharest Stock Exchange, has announced it entirely took over Nordlogic, a local group of companies specializing in the development more

28 iul 2022

OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, for 2Q/2022 reported net profit worth RON2.89 billion, up 65.7% from the previous quarter and more than seven times more

27 iul 2022

Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague. more

26 iul 2022

Industrial and logistics leasing activity increased by 50% in the first half of the year compared with the same period last year and totaled 542,000 square meters, according to data from real estate more

26 iul 2022

Financial analysts part of CFA Romania association forecast the Romanian leu will decline to an average exchange rate of 5.1121 units/EUR in the next 12 months, while the estimated rate of inflation more

25 iul 2022

Romania's Finance Ministry on Monday reopened a bond issue due in February 2023 and borrowed RON2.1 billion from banks, more than five times the scheduled RON400 million, at an average yield of 8.70% more

25 iul 2022

Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data more

25 iul 2022

Element Industrial has taken out a EUR23 million loan from Alpha Bank Romania to finance development of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North West more

25 iul 2022

The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, reached 7.51% a year on Monday, July 25, up 15 basis more

25 iul 2022

Alesonor, the real estate developer that erected luxury housing project Amber Gardens, has got a EUR21 million funding from Banca Transilvania for the construction of 294 green housing units in the more

25 iul 2022

CC Trust Group, a family business founded and owned by Swiss entrepreneur Claudio Cisullo, has entered Romania’s energy efficiency market with a franchise in the field of smart buildings. more

22 iul 2022

Modern stock of industrial and logistics space reached 5.6 million square meters at the end of last year, putting Romania on the third place as a I&L market among the 15 largest economies in the more

22 iul 2022

Three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, rose to 7.36% a year on Friday, July 22, up 15 basis more

22 iul 2022

Bento Intellectually Curious, a Romanian entrepreneurial company founded in 2004 and specialized in developing and implementing software solutions and delivering IT and Cloud infrastructure services, more