8 mar 2024

Investment fund Fortech Investments will finance local medtech startup Rayscape (formerly known as Xvision) with EUR500,000, as per an announcement on LinkendIN, a business and employment-focused more

8 mar 2024

Romanian cosmetics brand Cupio, launched by entrepreneurs Raluca and Razvan Stefanescu in 2012, ended 2023 with a turnover of over RON104 million (EUR21 million) at a group level and with a national more

8 mar 2024

The first luxury hotel under the Mondrian brand is due to open until 2026 in downtown Bucharest, near the Romanian Athenaeum, following a partnership between real estate developer One United more

8 mar 2024

Group of firms Maviprod-IRUM, owned by the Oltean family of Reghin, ended 2023 with a turnover of EUR55.9 million and targets a 5% increase in 2024. more

7 mar 2024

The number of real estate deals in Romania, which includes houses, lands and apartments, grew by 44% in February 2024 vs January 2024, and by 13.8% vs February 2023, data from the national cadaster more

7 mar 2024

The shareholders of Credit Europe Bank Romania will convene in extraordinary general meeting towards the end of March 2024 to discuss “the approval in principle of the initiation and participation more

7 mar 2024

Romania's Finance Ministry raised RON1.4 billion from banks on Thursday (March 7), selling government paper in two auctions, at annual average yields of 6.02% and 6.37%, respectively. more

7 mar 2024

The top three most active brokers at the Bucharest Stock Exchange, listed by the value of deals intermediated, jointly held a 47.7% share of the entire market in February 2024, a month in which most more

7 mar 2024

Global fintech Revolut has announced the launch of Revolut Reader in Romania, a small, portable device aimed at all merchants, entrepreneurs, independent service providers, practitioners of liberal more

7 mar 2024

The Autograph Collection by Marriott Hotel in Arad (western Romania), initially scheduled for opening in the first quarter of 2024, is expected to be inaugurated in the third quarter of 2026, as per more

7 mar 2024

The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic to foster the transition more

7 mar 2024

Self-adhesive labels and flexible packaging producer Sunimprof Rottaprint, controlled by Arnella Caetana Nechita-Rotta and Cristinel Nechita-Rotta, ended 2023 with a turnover of EUR35 million, up 10% more

6 mar 2024

A share package worth RON51 million in the company Univers Ramnicu Valcea (UNVR) was sold to Barreco SRL, a company also headquartered in Valcea County. more

6 mar 2024

Romanian state-run natural gas producer and supplier Romgaz (SNG.RO) announced in a stock market on Wednesday (March 6) that it summoned the ordinary general meeting of shareholders on April 11, 2024 more

6 mar 2024

Construction company Aktor, a member of the Intrakat Group, has officially started drilling works at the first tunnel (Ormeniş) on the Apaţa-Caţa section of the Brasov – Sighisoara railway. more

6 mar 2024

Banca Transilvania has impressively jumped from being the 7th to the 3rd strongest banking brand in the world in 2024, as per a new report from Brand Finance, the world's leading brand valuation more

6 mar 2024

PepsiCo has appointed Silvia Petre to the position of HR Director of PepsiCo East Balkans, starting from March 1, 2024. more

6 mar 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 6.6% in unadjusted data and by 5.1% when adjusted for seasonality and number of working days, in more

6 mar 2024

Agricultural equipment manufacturer Ruris plans to digitalize the company and seeks to implement new services across its business lines, which is why it is set to recruit staff for its IT department more

6 mar 2024

Retailer La Cocos, controlled by entrepreneur Iulian Nica, which ope­rates two discount-type hypermarkets in Ploiesti and one in Bucharest, ended 2023 with sales of nearly RON1 billion, 40% higher more

5 mar 2024

Mutual funds in Romania, among the most accessible financial investment instruments with exposure to stocks, bonds and other investments, recorded subscriptions of RON402 million from investors in more

5 mar 2024

Natural mineral water producer Aqua Bilbor has announced the appointment of Alin Gliga as new CEO, and further investments to strengthen the company’s position on the local market. more

5 mar 2024

Domeniile Salameh Renewables, a company held by Nawaf Salameh, has received the grid connection approvals from Romania’s national power transmission company Transelectrica for the development of a more

5 mar 2024

AFI Europe has appointed Luciana Giurea, former General Manager of the AFI Ploiesti shopping center, to the position of Head of the Residential Division. more

5 mar 2024

Tiberiu Moisa, Deputy CEO of Banca Transilvania (TLV.RO), the largest lending institution in Romania, sold RO2.5 million worth of the bank's shares at the Bucharest Stock Exchange, on March 4, 2024, more