16 ian 2025

Artrom Steel Tubes, the Romanian seamless steel tubes producer based in Slatina and Resita, will be acquired by GLGH Steel, a subsidiary of American investment company Great Lakes Global Holdings more

16 ian 2025

The average net salary in Romania increased by 2.3% (+RON120) in nominal terms in November 2024 compared to October 2024, to 5,388 (EUR1,084), data from the country's statistics board INS showed on more

16 ian 2025

An International Monetary Fund (IMF) mission will visit Bucharest February 3-7, 2025, to hold a regular staff visit, reads an IMF press statement. more

15 ian 2025

NXP Semiconductors has secured a EUR1 billion loan from the European Investment Bank (EIB) to advance the company’s research, development, and innovation (RDI) investments across its broad portfolio more

15 ian 2025

Farmland operator Holde Agri Invest (stock symbol: HAI) has contracted a loan worth a total RON5 million from SevenX Ventures, which owns 21.1% of the company's shares and is held by investors Iulian more

15 ian 2025

Terapia Cluj, one of Romania’s major drug makers and part of pharmaceuticals giant Sun Pharma, has finalized the project consisting of a solar power plant located on the company's industrial more

15 ian 2025

Romania's Competition Council has launched an investigation into a possible abuse of dominant position by Octogon Gas & Logistics SRL in the liquefied petroleum gas (LPG) port operations market. more

15 ian 2025

Romania's central bank has decided at its Board meeting on Wednesday (Jan. 15, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

15 ian 2025

Fuel wholesaler JT Grup Oil (stock symbol: GTG) has carried out a total investment of approximately EUR3 million that entailed the acquisition and modernization of the largest tanker ship which was more

15 ian 2025

The Romanian land market totaled around EUR450 million in 2024, which is similar to 2023 level, despite a difficult climate marked by political and economic uncertainty, according to estimates by real more

15 ian 2025

Romania's industrial production decreased by 3.8% in November 2024, in unadjusted data, compared to October 2024, and by 0.6% when adjusted for the number of working days and seasonality, data from more

14 ian 2025

Footwear retailer Benvenuti, majority controlled by local entrepreneur Dan Pavel, expects its 2025 turnover to hold at least at the 2024 level when it neared the RON200 million (EUR40 million) more

14 ian 2025

Sales of houses and apartments increased by 7.6% in Bucharest-Ilfov region and by 6.6% across Romania, in 2024 compared to 2023, according to data from the National Agency for Cadaster and Real Estate more

14 ian 2025

In December 2024, 18.7% more homes were sold in capital city Bucharest than in November 2024, namely, a total 5,136 properties, compared to 4,326 units bought in the penultimate month of 2024, more

14 ian 2025

OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached total hydrocarbon production of 107.2 thousand barrels of oil equivalent per day, in the fourth quarter of 2024, more

14 ian 2025

Law firm PeliPartners announces a series of promotions within the team, recognizing the expertise, dedication and collaboration that define the firm's organizational culture. Six lawyers have been more

14 ian 2025

Finland's Wolt has completed the acquisition of Tazz, one of the leading delivery platforms in Romania, from eMAG, which marks Wolt’s entry into the Romanian market. more

14 ian 2025

Real estate developer Genesis Property, founded by Romanian entrepreneur Liviu Tudor, announces the appointment of Flavia Schoech as Chief Operating Officer (COO) more

14 ian 2025

Romania's Competition Council has fined Boehringer Ingelheim RCV GmbH & Co KG (Austria) a total RON128.47 million (EUR25.81 million) for abusing its dominant position in Romania’s market for more

14 ian 2025

Romania's annual inflation rate stood at 5.1% in December 2024, remaining unchanged from the level recorded in November 2024, data from the country's statistical office INS showed on Tuesday (Jan. more

13 ian 2025

Oresa Industra, one of the active players on the Romanian logistics and industrial space market, has announced the lease of 6,000 square meters to Sellpy, European leader in second-hand sales more

13 ian 2025

Romania's current account deficit stood at EUR26.3 billion in January-November 2024, higher by nearly EUR7 billion than the EUR19.7 billion level reported in the same period of 2023, central bank data more

13 ian 2025

Romania's Finance Ministry raised RON1.1 billion from banks on Monday (Jan.13), selling government paper in two auctions, at annual average yields of 6.65% and 7.70%, respectively. more

13 ian 2025

ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary risks, the bank said in a report on Monday (January 13, more

13 ian 2025

Real estate consulting firm Griffes announces it intermediated transactions for over 85,000 square meters of office space, which is the largest transaction volume recorded in 2024. more