2 dec 2021

Forty Management, one of the leading real estate developers of mixed-use and urban regeneration projects in Romania, led by Lucian Azoitei, announces the completion of the international selection for more

1 dec 2021

Alpha Bank, a top ten lender in Romania by assets, posted pre-tax profit of EUR20 million in the first nine months, more than in the year-ago period. more

30 nov 2021

Telecom operator Digi, controlled by businessman Zoltan Teszari of Oradea, announced it sealed the sale-purchase contract for its Hungarian operations with 4iG. more

30 nov 2021

Impact Developer & Contractor, the real estate developer controlled by entrepreneur Gheorghe Iaciu, took out a EUR4.2 million loan from Garanti Bank, due in June 2024, to secure working capital. more

24 nov 2021

Real estate developer Forty Management, run by Lucian Azoitei, for the first nine months of 2021 reported consolidated turnover worth RON109.4 million, up 76.3% from the same period of 2020, and net more

24 nov 2021

Solaris plants are located in Poland, but the company, one of the largest public transportation electric vehicle manufacturers, considers developing new production units and Romania is on the list of more

19 nov 2021

Real estate developer One United Properties, one of the most dynamic real estate developers of housing, office and mixed projects in Bucharest, announced it sealed an agreement to buy the majority more

19 nov 2021

AROBS Transilvania, a Romanian-held IT company controlled by entrepreneur Voicu Oprean, which last month announced its intention to list on the AeRO market of the Bucharest Stock Exchange (BSE), took more

17 nov 2021

Swedish-held Oresa, which earlier this year ventured into real estate by acquiring the Solo Iasi logistics and industrial park from the Tester Group, has brought Muler Onofrei onboard as co-managing more

15 nov 2021

Impact Developer & Contractor (IMP.RO), the real estate developer controlled by entrepreneur Gheorghe Iaciu, made RON110 million revenue of from the sale of real estate properties in the first nine more

15 nov 2021

E-mobility, self-driving and artificial intelligence software developer Porsche Engineering Romania has signed a lease with Iulius Group for 2,100 square meters of office space in the United Business more

15 nov 2021

Sphera Franchise Group, owner of KFC, Pizza Hut and Taco Bell franchises in Romania, in the first nine months of this year reported profit worth RON28 million, against a RON4.7 million net loss in the more

15 nov 2021

Wine producer Purcari ended the first nine months of this year with net profit worth RON39.8, up 55% from the year-earlier period, while revenues increased by 20% to RON166.5 million. more

10 nov 2021

Morphosis Capital, a private equity fund with EUR50 million subscribed in Romanian SMEs, announced it clinched the investment in Cronos Med, in the wake of which it will forge a partnership with more

5 nov 2021

Sensiblu, the second largest pharmacy chain in Romania, has secured the approval of the Competition Council to take over 23 Optifarm pharmacies. more

5 nov 2021

emz, a producer of electrical home appliances and environmental technology headquartered in Nabburg, Bavaria, is poised to set up an around 3,000-sqm production unit in Resita industrial park. more

5 nov 2021

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken before May 2019 rose 2.43% a year on Friday (November 5) more

5 nov 2021

Romania retail turnover, the main barometer for private consumption, in the first nine months of this year rose by 11.9% as gross series from the same period of last year, amid rising sales of more

4 nov 2021

Verdino Green Foods, a Romanian producer of meat alternative products using pea protein, has sold a minority stake to private equity firm BlackPeak Capital via BlackPeak Southeast Europe Growth Equity more

4 nov 2021

Teilor Holding, the group of companies including luxury jewelry chain Teilor, Teilor Invest Exchange and Invest Intermed GF IFN, plans to carry out by yearend a private corporate bond placement on the more

29 oct 2021

Belgian investor Mitiska Reim, specialized in European shopping centers, has announced the opening of a new project in Baia Mare (northwestern Romania) and the expansion of the Medias retail park, in more

27 oct 2021

Romanian engineering and technology firm Simtel Team, listed on the AeRo market of the Bucharest Stock Exchange, announced it acquired a 837,866-sqm industrial land plot in Giurgiu, where it is set to more

21 oct 2021

Ionut Dumitrescu, founder of Element Industrial, and Sacha Dragic, founder of Superbet, will seal a partnership to develop the ELI Parks logistics park network . Also involved is Anca Damour, former more

20 oct 2021

Bento-Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, intends to list its more

14 oct 2021

Romania’s total external debt increased by EUR8.4 billion to EUR135.2 billion in January-August 2021, of which direct public debt accounted for EUR60.7 billion, EUR3.46 billion more than at the end more