4 dec 2024

More than half (57%) of interactions Romanians have with their banks for new product purchases are digital, a level that is almost double the 2020 one, of 30%, in line with the European Retail Banking more

4 dec 2024

CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable more

28 nov 2024

The Romanian Army, via Romtehnica, a company representing the Romanian Ministry of Defense (MApN), has signed with Turkish land systems manufacturer Otokar a multiannual contract worth RON4.26 billion more

28 nov 2024

CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a real GDP more

26 nov 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, as well as for companies lei-denominated more

26 nov 2024

Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign currency more

26 nov 2024

Private lending increased by 8.9% in October against the same period of 2023, to a total of RON416 billion, after local currency loans rose by 11.7% and foreign currency ones advanced by 3%, central more

26 nov 2024

Monsson, the main renewable energy project developer in Romania, controlled by businessman Emanuel Muntmark, has transferred to NEPI Rockcastle, Romania’s largest mall owner, a 50 MW photovoltaic more

25 nov 2024

Retele Electrice Muntenia, part of PPC Group in Romania, has launched a public tender of over RON445 million on SEAP platform for the design and execution of maintenance and modernization works on more

25 nov 2024

Bucharest’s Calea Victoriei (Victory Avenue), the main shopping street in Romania, has climbed two positions, to 38, in the ranking of the world’s most expensive shopping destinations, as more

21 nov 2024

Stay Fit Gym has become the network with the biggest number of centers opened in Romania and Eastern Europe with the launch of its 47th unit in Rahova, Bucharest. more

21 nov 2024

New passenger car registrations in Romania during the January-October 2024 period rose by 5.4% from the year-earlier period, to 127,061 units, while at EU level they merely edged up by 0.7% to more

19 nov 2024

More than 70,000 jobs have been available in the past five months on the iajob.ro platform that eJobs.ro has launched this year for candidates who want to get a job fast without undergoing the more

18 nov 2024

Zexe Braserie, the business launched a decade ago by Ana Consulea, one of Bucharest’s best-known confectioners, has become Zelateria, after a rebranding process initiated last year. more

18 nov 2024

Dental and maxillofacial imaging chain DigiRay, founded by doctor Cristian Pop in Zalau in 2011 and taken over by investment fund Black Sea Fund in 2020, has acquired Maraffka clinics of Ploiesti, more

18 nov 2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit more

15 nov 2024

Moody's Ratings has today affirmed the Baa2 long- and short-term deposit ratings and the Baa3 long- and short-term issuer ratings of Banca Transilvania S.A. (TLV.RO). The outlook on the long-term more

15 nov 2024

Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said in a more

15 nov 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, as well as for companies’ more

15 nov 2024

Private healthcare company MedLife posted RON1.98 billion operating revenues in the first nine months of 2024, up from RON1.64 billion in Jan-Sept 2023, therefore 21% higher. more

15 nov 2024

Sphera Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, ended the first nine months of 2024 with RON1.14 billion sales, up 6.4% from the year-earlier more

14 nov 2024

Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, has leased 4,580 square meters of warehouse space in the VGP Park Timisoara logistics more

14 nov 2024

Nuclearelectrica, Romania’s sole nuclear energy producer, ended the first nine months of 2024 with RON3.39 operating income, down 40% from the year-earlier period, while net profit dropped by 35%, more

13 nov 2024

Dendrio, part of Bittnet group, has contracted a RON5 million credit line from ING Bank to fund working capital and current activities. more

13 nov 2024

Aquila, an entrepreneurial FMCG wholesale and logistics company, ended the first nine months of 2024 with RON2.1 billion revenues, up 20%, and RON57 million net profit, down 19%. more