10 ian 2024

Aegon Pensii has become Carpathia Pensii at the beginning of 2024, following the completion of the transaction between Dutch Aegon and Austria's Vienna Insurance Group (VIG) in 2023. more

10 ian 2024

PeliPartners has decided to promote Sandra Gheorghe, Delia Dumitrescu and Andrada Bogeag to the role of Senior Associate, effective January 1, 2024. more

10 ian 2024

The World Bank has revised its projection for Romania's economic growth downwards to 1.8% for 2023 and to 3.3% for 2024, respectively, according to January 2024 edition of the World Bank's Global more

10 ian 2024

Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC) services, has completed and grid-connected a new solar more

10 ian 2024

Exim Banca Romaneasca is granting EUR50 million to small and medium-sized enterprises (SMEs) and mid-caps for financing investment projects, on advantageous terms, based on a financing agreement more

10 ian 2024

ING Bank Romania ended the first nine months of 2023 with total revenue of RON2.5 billion, up 18% year-over-year, and a net profit of RON1.17 billion, up 30% year-over-year, amid reduced risk more

9 ian 2024

Car parts manufacturer Joysonquin Automotive Systems Romania (the former Quin Romania), the local division of China’s Joyson, currently has 49 jobs available at its plant in Ghimbav (Brasov County), more

9 ian 2024

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, expects the local market to temper its growth in 2024 or even to fall slightly compared with 2023, due to price increases for both more

9 ian 2024

Polish software group Symfonia announced on Tuesday (Jan. 9) that it has fully acquired Romanian software company Softeh Plus, taking the first step of its international development plan. more

9 ian 2024

CITR, as the judicial liquidator of Coroana de Aur Hotel, sold the hotel for EUR3.48 million + VAT, to the Moldovan brothers, the owners of the Jelna Winery. more

9 ian 2024

Poland's LPP Group, which owns and operates store chains Reserved, Mohito, Cropp, Sinsay and House, has opened in Romania its first foreign distribution center and the second warehouse managed on the more

9 ian 2024

Romanian authorities issued 2,700 residential building permits in November 2023, 10.1% fewer than in October 2023 and 15.1% fewer than in November 2022, data from the country’s statistics board INS more

9 ian 2024

Romania’s unemployment rate remained unchanged at 5.4% in November 2023 compared to October 2023, data from the country’s statistics institute INS show on Tuesday (January 9, 2024). more

9 ian 2024

Romania's trade balance posted a deficit of EUR25.5 billion in January-November 2023, lower by EUR5.45 billion (-17.6%) compared to January-November 2022 period, data from the country's statistics more

9 ian 2024

Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) has called shareholders to decide on extending by six months the contracting of a credit facility under the form of a bank guarantee letter more

8 ian 2024

MedLife, the largest private medical services network in Romania, continues to strengthen its expertise in the field of robotic surgery, with the purchase of the da Vinci X robot, within the MedLife more

8 ian 2024

Romania's Finance Ministry raised RON1.5 billion from banks on Monday (January 8), selling government paper in two auctions, at annual average yields of 6.5% and 6.03%, respectively. more

8 ian 2024

Gábor Mozga, a former Head of Retail Sales & Operations at MOL Poland, has been appointed Chief Executive Officer (CEO) of MOL Romania, effective January 1, 2024. more

8 ian 2024

Net investments in new construction works exceeded RON74.188 billion in the first nine months of 2023, accounting for 62.6% of total investments in Romania's economy, compared to 62% in the similar more

8 ian 2024

Cegeka Romania, the local subsidiary of Belgian IT Group of the same name, announced on January 8 that it appointed Lucian Popovici as the company’s new Director of Applications, company more

8 ian 2024

iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy. more

8 ian 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 3.8% in unadjusted data and by 3.3% when adjusted for seasonality and number of working days, in more

5 ian 2024

Romania's Competition Council said it was analyzing the transaction through which Intesa Sanpaolo intends to acquire First Bank Romania from US-held private investment firm J.C. Flowers, as announced more

5 ian 2024

Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, announced in a stock market report on January 5, 2024 that it signed five contracts with a combined value of more

4 ian 2024

Law firm Schoenherr si Asociatii SCA has advised Renovatio, an infrastructure asset owner, in a benchmark transaction with OMV Petrom, the largest integrated energy company in Southeast Europe, more