11 sep 2024

Romania's annual inflation took a step back but stayed above 5%, reaching 5.1% in August 2024, after climbing to 5.4% in July 2024, data from the country's statistics board INS showed on Wednesday more

10 sep 2024

The Board of Directors of nuclear power producer Nuclearelectrica (SNN.RO), the operator of the power plant in Cernavoda, has decided to extend the provisional mandate of Vasile Dascalu as Chief more

10 sep 2024

Engineering and technology company Simtel Team (stock symbol: SMTL), the national leader in the field of renewable energy, reported consolidated operating revenue of RON98.1 million for the first half more

10 sep 2024

CPI Romania, part of CPI Property Group, has signed lease contracts for a total area of 41,500 square meters of office space, so far in 2024. more

10 sep 2024

The number of real estate deals in Romania stood at 51,067 in August 2024, 5,954 fewer than in July 2024 and 8,358 fewer than in August 2023, data from the national cadaster agency ANCPI showed on more

10 sep 2024

Romania's Competition Council has approved the transaction through which the company Affidea Development SRL plans to acquire MedEuropa SRL and MedEuropa Investiţii SRL. more

10 sep 2024

Romania’s agricultural production was worth EUR16.6 billion in 2023, up 14% compared with 2022, with the country reporting the second highest increase in the value of agricultural production in the more

9 sep 2024

Airbus aircraft parts maker Premium Aerotec, a company member of Airbus group, reported a turnover of RON457.9 million (EUR92.6 million) for 2023, up 20.1% from RON381 million (EUR77.3 million) more

9 sep 2024

Home appliance component Maker Zoppas Industries, the local subsidiary of Italy's Zoppas Group, had a turnover of RON979.5 million (EUR198 million) in 2023, down 12.6% from RON1.121 billion (EUR227.3 more

9 sep 2024

Business solutions integrator TopTech, part of Bittnet System Group (stock symbol: BNET), has informed investors in a stock market report on Sept 9 about increasing the (revolving-overdraft ceiling) more

9 sep 2024

Romania's finance ministry on Monday (Sept 9) rejected all bids for government bonds maturing in April 2028, as it deemed the bid price unacceptable, central bank data showed. more

9 sep 2024

Liviu Gheorghiu was promoted to the position of Tax Partner within the Romanian management team of Forvis Mazars, an internationally integrated partnership, specializing in audit, accountancy, more

9 sep 2024

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has appointed Jovan Radosavljevic as its new Managing Director for more

9 sep 2024

Organizations embrace marketing technologies (martech), as seven out of ten (75%) marketers say that they are using them, according to the latest edition of Chief Marketing Officer (CMO) Survey, more

9 sep 2024

Romania's trade balance posted a deficit of EUR18.03 billion in January-July 2024, higher by 15.6% compared to the same period of 2023, data from the country's statistics board INS showed on Monday more

6 sep 2024

Cybersecurity company FORT, part of Bittnet Group (BNET.RO), ended the first half of 2024 with net profit of RON47,000, lower than RON703,000 reported in the same period of 2023, and with revenue of more

6 sep 2024

ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data more

6 sep 2024

Romania's Competition Council is assessing the transaction through which A-AG Holdco Ltd intends to acquire Intersystems Holding Inc. and the companies related to the grain and protein business of more

6 sep 2024

Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, September 9, the ministry announced on Friday (Sept 6). more

6 sep 2024

Swedish group Holmbergs Safety Systems, controlled by investment fund FSN Capital, has filed a request for the insolvency of its subsidiary in Romania, which it set up in 2020 by taking over local more

6 sep 2024

Romania's economy edged 0.7% higher, in unadjusted data, and grew by 1.5% in seasonally adjusted data, in the first half of 2024 compared to the same period of 2023, provisional (1) estimates from the more

5 sep 2024

The Board of Directors of Flaros Bucuresti (stock symbol: FLAO), a company specialized in leasing own spaces from the portfolio of Infinity Capital Investments, on Sept 5 called the extraordinary more

5 sep 2024

Catalyst Romania Fund I, an early-stage venture capital fund in Romania, has announced another successful exit from its portfolio with the acquisition of Romanian firm 123FormBuilder by American more

5 sep 2024

Romania's Finance Ministry raised RON1.03 billion from banks on Thursday (Sept 5), selling government paper in two auctions, at annual average yields of 5.77% and 6.72%, respectively. more

5 sep 2024

OMV Petrom (stock symbol: SNP.RO), Romania’s largest oil and gas producer, intends to outsource to Bonatti S.p.A. Parma, Bucharest branch, some tubular material reconditioning and transport more