18 dec 2024

PartnerVet Group, controlled by Romanian entrepreneur Ferenc Korponay and the Dragic family, continues its expansion process by integrating the Vasi-Vet clinic from Botosani into its national network more

18 dec 2024

Bulgaria's investment fund Invenio Partners and Poland's investment fund ACP have acquired 60% in coffee shop chain 5 to go in a transaction worth nearly EUR18 million, according to estimates by more

18 dec 2024

Cornerstone Communications, a local consulting firm specializing in investor relations and capital markets advisory, together with MIA Marketing, a Romanian market research company, and in more

18 dec 2024

SARMIS Capital has announced the acquisition of Total Technologies, one of the most prominent Honeywell-technology integrators for industrial automation in Central and Eastern Europe. more

18 dec 2024

By 2030, Gen Z will be a key driver of the Artificial Intelligence (AI) future, comprising 30% of global workforce, but Gen Z's over-confidence in using AI must be looked with cautious, according to more

18 dec 2024

The volume of construction works in Romania decreased, in unadjusted data, by 4.1% in January-October 2024 and by 3.3% when adjusted for the number of working days and seasonality, data from more

18 dec 2024

Fitch Ratings has revised the Outlook on Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, and affirmed the IDR at 'BBB-'. more

18 dec 2024

Salt Bank, the first Romanian neobank, fully owned by Banca Transilvania Financial Group, has gone beyond 330,000 clients after the first eight months since launch on the local market, aiming to reach more

17 dec 2024

Electrica (stock symbol: EL), a major player on Romania’s electricity distribution and supply market, said in a stock market report that on Dec. 16, 2024, the company Crucea Power Park SRL (CPP), more

17 dec 2024

Aluminium producer Alro Slatina (stock symbol: ALR) has announced in a stock market report on Dec.17 that following an audit carried out between 2023-2024 by Romania's tax administration ANAF, more

17 dec 2024

Termene.ro, a platform offering Romanian companies a quick and easy access to all official data - financial, fiscal and legal, estimates t reach a turnover of over RON17 million at the end of 2024, up more

17 dec 2024

The European Investment Bank (EIB) is lending EUR200 million to Distributie Energie Electrica Romania (DEER), the distribution operator of Electrica Group, to upgrade its electricity distribution more

17 dec 2024

DTEK Renewables International (DRI), headquartered in The Netherlands and part of Ukrainian energy group DTEK, has signed a new financing agreement of EUR24.7 million with Kommunalkredit Austria AG more

17 dec 2024

Carrefour Romania will end 2024 with a network of 178 Express units nationwide, after opening 16 integrated stores and six franchise stores. more

17 dec 2024

Romania’s industrial sales (on the domestic and external markets) increased by 5.2% in nominal terms in October 2024 compared with September 2024, and by 8.2% versus October 2023, data from the more

16 dec 2024

Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, expects to end 2024 with a turnover of nearly EUR130 million, amid a 10% increase in the more

16 dec 2024

Hungarian state company MVM and Germany's E.ON Group have reached an agreement on Dec. 16 for the acquisition by MVM of E.ON's energy retail and customer solutions business in Romania, according to an more

16 dec 2024

Nuclear power producer Nuclearelectrica (stock symbol: SNN) has called its shareholders for a meeting on January 22, 2025 to vote on approving the updated strategy for the continuation of the more

16 dec 2024

Gerasimos Contoguris took over the role of Director of People & Culture at Philip Morris Romania, starting November 2024. more

16 dec 2024

Renewable energy provider Enery has announced the successful signing of a EUR214.45 million bank loan facility with UniCredit Bank, Banca Comerciala Romana (BCR) and Erste Group Bank AG to support the more

16 dec 2024

Piletilevi Group, the largest ticket seller in Central Europe, which acquired a majority stake in Romania's oldest ticketing company Bilete.ro in summer 2023, is acquiring Ticketing Nation SRL, which more

16 dec 2024

Romania's Finance Ministry raised RON1.93 billion from banks on Monday (Dec.16), selling government paper in two auctions, at annual average yields of 6.40% and 7.05%, respectively. more

16 dec 2024

Romania posted the highest annual rise in hourly wage costs among European Union Member States in the third quarter of 2024, at 17.1%, followed by Croatia with 15.1%, Bulgaria with 12.7% and Latvia more

16 dec 2024

Romanian corporate non-executive boards in Romania are falling behind global standards, with only 14% of board members believing that significant international experience is important, a stark more

16 dec 2024

The average budget for Christmas gifts in 2024 reaches RON700 at most for six in ten Romanians, similar with last year's budget, according to a nationwide survey carried out at the initiative of tbi more