22 nov 2024

Cybersecurity company FORT, part of Bittnet Group (BNET.RO), ended the first nine months of 2024 with a turnover of RON9.3 million, down 15% year-over-year, as per its financial report published at more

22 nov 2024

Over half of the total number of active enterprises (52%) in Romania operated in the sector of market services in 2023 and reported the highest number of employees, accounting for 39% of the total, as more

22 nov 2024

Electricity supplier and distributor Electrica (stock symbol: EL) and the company Esyasoft based in the United Arab Emirates are establishing a company within the Electrica Group, called Electrica more

22 nov 2024

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker DAW Management, whereby customers can buy insurance, including auto liability insurance more

22 nov 2024

CEC Bank has successfully closed a new bond issue worth EUR300 million on international markets, through a issue of Senior Non- preferred MREL Eligible Notes. more

21 nov 2024

2B Intelligent Soft (BENTO – Intellectually Curious), a Romanian entrepreneurial company that provides software development services and IT infrastructure and Cloud services, ended the first nine more

21 nov 2024

Romania's Competition Council has approved the transaction by which A-AG Holdco Ltd intends to take over Intersystems Holding Inc. and the companies related to the grain and protein business from AGCO more

21 nov 2024

Law firm Clifford Chance Badea has advised PPC Group in closing the EUR700 million transaction through which it acquired the Romanian renewable energy portfolio of Evryo Group, owned by Macquarie more

21 nov 2024

The European Commission has announced on Nov 21 that it has approved a EUR578 million (RON2.9 billion) Romanian state aid scheme to support energy-intensive companies. more

21 nov 2024

Romania's Finance Ministry raised RON752 million from banks on Thursday (Nov 21), selling government paper in two auctions, at annual average yields of 6.34% and 7.16%, respectively. more

21 nov 2024

PPC (Public Power Corporation) Group has completed the acquisition of the renewable energy generation portfolio of Evryo Group in Romania (formerly known as CEZ Romania), previously owned by funds more

21 nov 2024

The return to the office has continued to grow in 2024 as employees increasingly feel the need for direct interaction with colleagues, and employers implement strategies that encourage a full-time more

21 nov 2024

Private healthcare network MedLife continues its expansion plans by inaugurating the new MedLife Craiova Hospital, following a nearly EUR6 million investment that marks a new milestone for the private more

21 nov 2024

Banca Comerciala Romana (BCR) and Softlead, a marketplace in Romania that helps companies to choose the right software solution, based on their Digital DNA, have concluded a partnership which allows more

20 nov 2024

The Board of Directors of electricity supplier and distributor Electrica (stock symbol: EL) has called shareholders for a meeting on February 5, 2025 to vote in favor of approving an investment more

20 nov 2024

The European Investment Bank (EIB) is lending EUR200 million to Romanian energy distributor Delgaz Grid to upgrade the electricity network in Romania's northeastern region of Moldavia. more

20 nov 2024

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON478.8 million, the company informed its shareholders and more

20 nov 2024

Romanian company Gomag, which puts an e-commerce platform at the disposal of online stores, expects to end 2024 with an increase of over 30% in turnover, to over EUR3.5 million, company more

20 nov 2024

The number of construction permits for residential buildings in capital city Bucharest has nearly halved over the last three years, while the total usable area authorized for construction plunged 62%, more

20 nov 2024

Romania's mergers and acquisitions (M&A) market recorded transactions totaling USD1.7 billion at the end of September 2024, significantly higher than the USD134 million level recorded in the same more

20 nov 2024

Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, has implemented 3 projects for smart power distribution systems in the towns of Galati, Oradea and Targu-Mures. more

20 nov 2024

The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking instruments, thus facilitating new methods of financing more

20 nov 2024

The volume of construction works in Romania decreased, in unadjusted data, by 2.6% in January-September 2024 and by 2% when adjusted for the number of working days and seasonality, data from more

19 nov 2024

Insulating panel maker Isopan ESt, with a plant in Popesti-Leordeni, ended 2023 with a turnover of RON469.9 million (EUR95 million), down nearly 15% from RON552.7 million (EUR112 million) reported in more

19 nov 2024

Fitch Ratings has upgraded Banca Transilvania S.A.'s (Transilvania) Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+' and Short-Term IDR to 'F3' from 'B'. The Outlook on the Long-Term IDR is more