30 sep 2024

Romania's Competition Council approved the transaction through which OMV Petrom S.A. had taken over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA. more

30 sep 2024

NEPI Rockcastle, the largest owner, developer and manager of shopping centers in Central and Eastern Europe and the largest shopping mall owner in Romania, has acquired the Magnolia Park Shopping more

30 sep 2024

Romanian authorities issued 3,360 residential building permits in August 2024, 3.6% fewer than in July 2024 and 7.9% more than in August 2023, data from the country’s statistics board INS showed on more

30 sep 2024

Ascendis Group, the largest training and consulting company in the field of organizational development in Romania and the Republic of Moldova, has acquired local magazines Cariere and HR Manager, more

30 sep 2024

PwC Romania has promoted Daniel Anghel to the position of Country Managing Partner, starting October 1, 2024. more

27 sep 2024

Fuel wholesaler JT Grup Oil (stock symbol: GTG) had a turnover of RON108.8 million in the first half of 2024, slightly higher than the level reported in the same period of 2023, as per its half-yearly more

27 sep 2024

Romania’s state-run natural gas transmission company Transgaz (stock symbol: TGN) notified the Bucharest Stock Exchange in a report about the signing with the Energy Ministry of a financing contract more

27 sep 2024

SelfPay, which owns the largest network of self-service payment terminals in Romania, with over 11,200 payment stations, has announced in its half-yearly financial report a net profit of RON13.9 more

27 sep 2024

Romania’s general consolidated budget posted a deficit of RON81 billion in January-August 2024, or 4.57% of gross domestic product (GDP), which is almost double the deficit of RON42.19 billion more

27 sep 2024

Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between October 2 and October 11, 2024. more

26 sep 2024

Romanian lender Banca Transilvania (stock symbol: BT) has announced in a press statement that it sold EUR700 million in bonds on September 25, 2024, while investor demand exceeded EUR2.5 billion. more

26 sep 2024

The net assets of the 95 open-end equity funds operating in Romania edged 1% higher in August 2024 and grew by 25.6% so far in 2024, up to RON25.6 billion (EUR5.2 billion), in line with the latest more

26 sep 2024

Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on Sept 26 about the opening of a KFC more

26 sep 2024

Romania's Finance Ministry raised RON500 million from banks on Thursday (Sept 26), selling government paper at an annual average yield of 6.04%. more

26 sep 2024

FFintechOS, an end-to-end financial product management platform, plans to recruit sales specialists for Western Europe and software development experts in Romania. more

26 sep 2024

London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure, has expanded its presence in the Romanian market with the opening of a new office on Sept 26, in the more

26 sep 2024

The exchange rate has a short-term upward potential, with a target of RON5 to the euro, which is largely driven by lower bond yields, driving investors to put tactical bets on the euro in hopes of more

26 sep 2024

The European Bank for Reconstruction and Development has downwardly revised its forecast for Romania’s economic growth in 2024, to only 1.4%, compared with 3.2% projected in May 2024, while counting more

26 sep 2024

The average gross monthly earnings registered at the level of the national economy in 2023 were RON7,042, higher by 15.0% (+RON916) than the previous year, and the average net monthly earnings were more

25 sep 2024

DIY retailer MAM Bricolaj (stock symbol: MAM), which sells furniture materials and accessories, reported net profit of RON420,552 for the first half of 2024, compared with RON240,583 in the same more

25 sep 2024

Do-it-yourself (DIY) store chain Leroy Merlin will be opening its 22nd store in Romania and its first in the town of Pitesti, on October 2, 2024. more

25 sep 2024

CBRE Romania is strengthening the presence of its ESG & Sustainability Solutions division in the commercial real estate sector through its latest partnership with Access4you, a Hungarian company with more

25 sep 2024

The online commerce has significantly developed over the last years and the volume and frequency of orders is constantly growing, as per a survey conducted by the easySales, a platform focused on more

24 sep 2024

SeedBlink, the all-in-one equity management and investment platform, has launched Raise Hub, a comprehensive digital suite that empowers startup founders to efficiently manage fundraising activities more

24 sep 2024

Romania's Competition Council is analyzing the transaction through which Autoklass Center SRL intends to acquire from Tess SRL the distribution, service and agency activities for the brands Volkswagen more