23 nov 2023

Romania's finance ministry on Thursday (Nov 23) announced that it would carry out a new issue of Fidelis government bonds for retail investors between November 27 and December 15, 2023. more

23 nov 2023

PepsiCo, one of the leading players on the snacks and beverages market, has appointed Mihaela Hristea to the position of Senior Marketing Manager of the Beverages Division. more

23 nov 2023

Genesis Property has announced the completion of works on Phase 2 of the YUNITY Park project following an investment of EUR20 million. more

23 nov 2023

Romania’s capital city Bucharest has kept its 40th spot in 2023 too in a ranking of the world’s 50 most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail more

23 nov 2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has signed an agreement to purchase 50% of the shares of the Romanian company "Respira Verde SRL," a local leader in the more

23 nov 2023

51.1% of the total active enterprises had as main activity market services in 2022 and the highest average number of employees was registered in the market services sector, representing 38.0% of more

23 nov 2023

Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due in 2034, at an annual average yield of 7.22%. more

23 nov 2023

The Ministry of Energy has signed 15 contracts for investments in new electricity production capacities from renewable sources, through the National Recovery and Resilience Program. more

23 nov 2023

Financial investment company Transilvania Investments Alliance (TRANSI, the former SIF Transilvania) has sold its ownership stake in Sphera Franchise Group (SFG.RO), which holds the franchise for the more

23 nov 2023

The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter. more

22 nov 2023

Anchor Grup, one of the most important real estate developers on the local market, announces new names in its retail portfolio, in both shopping centers it owns – Bucureşti Mall-Vitan and Plaza more

22 nov 2023

The shareholders of the Bucharest Stock Exchange (BVB) have decided in their general meeting of Nov 22 to re-elect Radu Hanga as President of BVB for four more years. more

22 nov 2023

The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a report more

22 nov 2023

Alternative investment fund Evergent Investments (EVER.RO), with a market value of RON1.2 billion and net assets of RON2.5 billion, reduced its ownership stakes in Romgaz (SNG.RO) and Nuclearelectrica more

22 nov 2023

56% of respondents in the latest eJobs survey plan a job change in 2024, 17% are undecided, while 27% are satisfied with their current job and are not considering making a change. more

22 nov 2023

Almost one third of employees in Romania (31%) expressed doubt that they will be able to keep their current job or a similar one until the age of 60, which is 4% above the EU average, as per the more

22 nov 2023

Bittnet Systems has announced that the Education pillar of Bittnet Group has been chosen as one of the partners of the Authority for Digitization of Romania (ADR) within the Competences in advanced more

22 nov 2023

Online retailer eMAG is launching the fifth online shop-in-shop which is dedicated to games and toys and groups more than 250,000 products from the own offer and that of sellers present on the online more

22 nov 2023

Taffo, a Baia Mare-based building company owned by three shareholders, reported a turnover of over RON93 million (EUR18.9 million) for 2022, up nearly 45% from RON64.3 million (EUR13 million) reported more

22 nov 2023

Socar Petroleum SA, a subsidiary of SOCAR (The State Oil Company of Azerbaijan Republic), has joined the race of companies interested in the construction of a bitumen terminal in Constanta Port in more

22 nov 2023

Globalworth, the leading office investor in Central and Eastern Europe (CEE), has signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company more

22 nov 2023

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, had a turnover of over RON122 million (EUR24.6 million) in January-September 2023 and targets a 10-15% increase for the whole 2023 more

21 nov 2023

Personal need loans remain among the most sought-after banking services, with almost 70% of Romanians saying they want this type of loan and over 60% saying they want a simpler and faster application more

21 nov 2023

Banca Comerciala Romana (BCR) has launched BCR Seed Starter, a fully owned subsidiary and the first corporate venture capital company (CVC) incorporated by a bank in Romania, aimed at investing in more

21 nov 2023

The volume of construction works in Romania increased, in unadjusted data, by 9.3% in September 2023 compared to September 2022 and was up 10.3% when adjusted to the number of working days and to more