16 apr 2024

Romania's Competition Council has approved the transaction whereby GVK Omega SGPS Unipessoal LDA, Portugal intends to take over Portugal's Greenvolt Energias Renováveis and its subsidiaries. more

16 apr 2024

Deloitte Romania has advised AQUILA, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, on the acquisition of more

16 apr 2024

Romania’s national power transmission company Transelectrica (TEL.RO) has inaugurated the 400 kV Overhead Power Line Portile de Fier – (Anina) – Resita. more

15 apr 2024

MHP Consulting based in Cluj-Napoca, a provider of IT services, part of Porsche Group, reported a turnover of RON240.7 million for 2023, up 50% from RON160.2 million in 2022, as per data on the more

15 apr 2024

Construction company Tomoroga Construct had a turnover of RON36.2 million (EUR7.3 million) in 2023, up 70.5% from RON21.2 million (EUR4.3 million) in 2022, as per data on the finance ministry data. more

15 apr 2024

Tucano, a coffee shop network whose story began in the Republic of Moldova 12 years ago, plans to double its coffee shop chain in Romania, which currently consists of more than 35 units. more

15 apr 2024

Connections Consult (CC.RO), a digital transformation company listed on the AeRO market of the Bucharest Stock Exchange, has approved the granting of dividends in the amount of RON3.3 million from the more

15 apr 2024

The largest oil producers in the European Union in 2022 were Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), data from Eurostat, the statistical office of the more

15 apr 2024

Romania's Finance Ministry raised RON512.6 million from banks on Monday (April 15, 2024), selling benchmark bonds, above the planned value of RON400 million, due in April 2028, at an annual average more

15 apr 2024

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised UK-based PIB Group Europa, backed by global private equity firms Apax Funds and The Carlyle Group, in more

15 apr 2024

Dr. Max Romania Group, which consists of pharmaceutical distributor Mediplus and Dr. Max pharmacy network, reached a consolidated turnover of RON8.7 billion in 2023, up 31% compared to 2022. more

11 apr 2024

Power Net Consulting, a company specialized in providing IT security, digitalization and IT infrastructure solutions, saw its turnover surge almost 300% in 2023, reporting again, after 13 years, a more

11 apr 2024

Electricity supplier and distributor Electrica (EL.RO) has announced in a stock market report on April 11 that Sunwind Energy, its subsidiary, signed an EPC (Engineering, Procurement & Construction) more

11 apr 2024

Alternative investment fund Lion Capital (LION.RO), formerly known as SIF Banat-Crisana, has summoned the ordinary and extraordinary general meetings of shareholders for April 29-30, 2024 to vote, more

11 apr 2024

Romania's Finance Ministry raised RON580 million from banks on Thursday (April 11, 2024), selling benchmark bonds, above the planned value of RON400 million due in April 2031, at an annual average more

11 apr 2024

Flanco, one of the largest local retailers of IT&C, electronics, and home appliances, will undergo a rebranding process as it aims to reposition itself as the first smart electro-IT discounter in more

11 apr 2024

Bucharest's average office fit-out costs are among the lowest in Central and Eastern Europe (CEE) despite increasing by around 15-20% during the past 12 months, according to data from real estate more

11 apr 2024

Romania's annual inflation decreased to 6.6% in March 2024, compared to 7.2% in February 2024 and 7.4% in January 2024, data from the country's statistics board INS showed on Thursday (April 11). more

11 apr 2024

Integrated meat and meat products manufacturer Ferma Zootehnica, controlled by Lazar family, targets a turnover of almost EUR54.4 million in 2024, up 5% from EUR51.8 million in 2023. more

11 apr 2024

The Board of Directors of chemical compound Chimcomplex Borzesti (stock symbol CRC), the leading producer and supplier of vital chemical substances in the region, said in a stock market report that it more

11 apr 2024

Local company DAAS, one of the leading suppliers of equipment for hotels, restaurants and food stores, held by Italian group EPTA, ended 2023 with a turnover of EUR50 million, similar to 2022 level. more

11 apr 2024

The Oltean Family from Reghin, which owns the Maviprod-IRUM group of companies, targets a consolidated turnover of almost EUR59 million in 2024, up 5% on the year, in line with calculations by Ziarul more

10 apr 2024

Retailer Auchan is opening the first discount hypermarket under the Atac brand, in Romania's central city of Brasov. more

10 apr 2024

Cristian Sporiş, Vice-President, Head of Corporate Banking at Raiffeisen Bank Romania, has been re-elected President of AmCham Romania for a new mandate. more

10 apr 2024

Romanian company System Innovation Romania, an integrator of end-to-end business software solutions and a partner of SAP Business One locally, saw its 2023 turnover increase by over 21%, to over more