10 feb 2025

Romania’s national grid operator Transelectrica is starting construction works for a new 400 kV power line in Constanta Nord-Medgidia Sud region, a strategic project for the consolidation of the more

30 ian 2025

Germany’s Lidl on Thursday opened three new stores, in Sibiu, Suceava and Bascov, for which more than 80 new jobs were created. more

30 ian 2025

Real estate developers in 2024 finalized 14 retail projects, representing both new schemes and expansions of existing ones. more

28 ian 2025

Furniture producer Spectral Mobila, which owns a plant in Vaslui county, ended 2024 with net turnover of EUR7.5 million, 13% higher than in 2023. more

28 ian 2025

Mihai Voicu, general manager of Bergenbier S.A., a company part of Molson Coors Beverage Company, has been appointed chairman of Romanian Brewers Association starting January 2025. more

28 ian 2025

Greek group Eurobank has sealed an agreement to sell IMO Property Investments Bucharest, securing the strategic supervision and sale of its Romania real estate assets, to APS Group, an asset manager more

27 ian 2025

Romania corporate leaders are cautiously upbeat about the evolution of the national economy in 2025, with half of them believing the local economy will register growth this year and the other half more

27 ian 2025

Around 133,000 Romanians started in 2024 saving for retirement via voluntary private pensions (Pillar III), 40% more than in 2023 and an all-time high in terms of the number of new clients attracted more

23 ian 2025

Real estate consultancy CBRE Romania assisted Rus Savitar, one of Romania’s leading furniture producers, founded by Rusu family, in the sale of the plant in Dudestii Noi, Timis county, to UE more

22 ian 2025

Monza Ares, the largest private network providing specialized cardiology services in Romania, has inaugurated an interventional cardiology center at the Targu Jiu County Emergency Hospital. more

22 ian 2025

Electromontaj SA has signed a 10-year partnership with Tennet BV, operator of Netherlands’ high voltage grid, envisaging the building of 400 kms of high-voltage power lines and the upgrading of 600 more

22 ian 2025

Anglo-Dutch giant Unilever, one of the largest players on the consumer goods market, appointed Monica Tamas as General Manager of Unilever Romania and Moldova starting January 2025. more

21 ian 2025

New passenger car registrations in Romania went up by 5.6% in 2024 against 2023, to 151,105 units, while at EU level new car registrations inched up by 0.8% to 10,632,381 units, in line with ACAROM more

20 ian 2025

Dulcinella Romania, a Romanian network of pastry and confectionery shops that started in the Republic of Moldova, is set to open a new factory in Targu Neamt in the second half of the year, which will more

20 ian 2025

More than EUR2 billion under the form of non-reimbursable funds are set to be provided in the first quarter of this year for investments in startups, as well as in the fields of technology, innovation more

20 ian 2025

Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi mountains. more

14 ian 2025

SelfPay, which owns the largest network of self-service payment terminals in Romania, has signed a EUR1.5 million credit contract with Banca Transilvania. more

13 ian 2025

Favorable economic factors, such as inflation stabilization, interest rate cuts and real income growth, are aiding real estate sector consolidation as a vital pillar of the continental economy, points more

10 ian 2025

The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering the more

9 ian 2025

Employers posted almost 300,000 new jobs in 2024 and around 11 million applications were registered, reveals Review & Trends annual report drawn up by eJobs Romania. more

2 ian 2025

Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. more

31 dec 2024

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, was set at 5.92% on December 31, 2024, more

27 dec 2024

Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025. more

27 dec 2024

Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency more

27 dec 2024

Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central more