29 mar 2024

The Board of Directors of the Electrica Group approved the consolidated value of the investment plan (CAPEX) for 2024, in the total amount of over RON1.12 billion, with RON878 million representing the more

29 mar 2024

Sighisoara-based Coralia Com, held by entrepreneurs Ovidiu Moldovan an Dan Perţe, reported a turnover of nearly RON70 million (EUR14.1 million) for 2023, up 8.1% on the year, as per calculations by more

29 mar 2024

Timisoara-based 123 FormBuilder, a cloud-based web form builder that enables businesses of all sizes to create surveys, forms, quizzes and polls, ended 2023 with net profit of RON6.3 million, up over more

29 mar 2024

Aquila Part Prod Com (AQ.RO), the market leader in the field of integrated distribution and logistics services for consumer goods, has called shareholders for an April 19 meeting to vote, among more

29 mar 2024

Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of British group Faist, has budgeted a 10% increase in turnover for 2024 vs 2023, up to EUR55 million, as per more

28 mar 2024

Raiffeisen Private Banking, the division of Raiffeisen Bank, was named the best wealth management service in Romania at this year's edition of the Euromoney Global Private Banking Awards, the more

28 mar 2024

Romania's Competition Council approved the transaction whereby Prime Capital Invest SRL and the group that includes Agro-Chirnogi SA and Maria Trading SRL intend to take over Aqua Bilbor SRL. more

28 mar 2024

IKON Trading, a distributor of professional products for beauty salons in Romania, reported a turnover of RON23.6 million (nearly EUR4.8 million) for 2023, up 13.8% from RON20.7 million (EUR4.2 more

28 mar 2024

Fraud prevention in corporate settings is not necessarily a matter of policies and procedures, but it is about cultivating a culture of integrity and vigilance among employees. more

28 mar 2024

Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, is investing EUR48 million in a new factory in the vicinity of capital Bucharest, in the locality of Bolintin-Vale, which more

28 mar 2024

The cooperation with the authorities and the private sector in Romania is essential for the transformation of the capital market in the Republic of Moldova into an engine of economic growth and more

28 mar 2024

Amazon Development Center, the development center US giant Amazon in Romania, reported net loss of RON52.5 million for 2023, sixfold higher than RON8.22 million reported for 2022. more

28 mar 2024

Romania’s national power transmission company Transelectrica (TEL.RO) has called shareholders for an April 29 meeting to vote, among others, on the distribution of dividends in the amount of RON20.5 more

28 mar 2024

The Board of Directors of building materials manufacturer TeraPlast Bistrita (TRP.RO) has approved a decision to contract an investment loan of EUR13.2 million from lender Banca Transilvania for the more

28 mar 2024

The management of 2B Intelligent Soft (BENTO – Intellectually Curious), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision more

28 mar 2024

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Wednesday (March 27) announced the conclusion of a contract worth RON105 million with OMV Petrom (SNP.RO), more

27 mar 2024

Cometex, the real estate division of Altex Group, the leader of the Romanian electro-IT market and one of the three leading Romanian entrepreneurial companies, will be opening on March 28, in more

27 mar 2024

International law firm CMS has advised PPC Renewables on the successful completion of their acquisition in Romania of an 84 MW operational wind farm from Lukoil Group, a deal that was signed and more

27 mar 2024

Retele Electrice Muntenia, part of the PPC Group, formerly named E-Distributie Muntenia, aims to complete the modernization of the Obor and Filaret transformer stations in capital city Bucharest by more

27 mar 2024

Retele Electrice Muntenia company (part of the PPC Group, formerly named E-Distributie Muntenia) has finalized the modernization works for the North Power Station, the largest primary substation in more

27 mar 2024

More than half of workers (54%) around the world identify increasing work stress as their top concern, according to the Deloitte 2024 Global Human Capital Trends report, while technology advancement more

27 mar 2024

Romania ranks 21st among the 27 EU member states in terms of GDP per capita expressed in purchasing power, respectively 22% below the EU average, beating Hungary, Croatia, Slovakia, Latvia, Greece and more

27 mar 2024

Financial analysts part of the CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0500 units/Euro in the next 12 months, while the inflation rate will more

22 mar 2024

Simtel Team (stock symbol: SMTL), a Romanian engineering and technology company and a leading renewable energy business in the country, has called its shareholders for an April 25 meeting to vote, more

21 mar 2024

IAR Brasov (stock symbol: IARV), which makes and repairs spare parts for helicopters, has called its shareholders for an April 26 meeting to vote on approving the distribution of RON11.7 million more