11 dec 2024

Romania's Competition Council is looking into the transactions through which Vodafone Romania S.A. intends to take over Telekom Romania Mobile Communications S.A., and Digi Romania S.A. will acquire more

11 dec 2024

A total of 42,312 housing units were put into use in Romania in January-November 2024, fewer by 7,681 units than in the same period of 2023, data from the country’s statistics board INS showed on more

11 dec 2024

Romania's annual inflation climbed to 5.1% in November 2024, compared with 4.7% in October 2024, data from the country's statistics board INS showed on Wednesday (Dec. 11). more

10 dec 2024

Sporting goods retailer Intersport, one of the most powerful actors in this market by turnover and number of stores, has appointed Romanian executive Nicolae Mogos to the position of general manager more

10 dec 2024

Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the world's largest operators in the world for quick service restaurant and convenience food brands, more

10 dec 2024

Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has signed a contract of over EUR10 million targeting geothermal drilling works for the project "New Headquarters for Dr. Professor more

10 dec 2024

Mircea Cotiga, with 16 years of experience in the financial sector and six years as entrepreneur, has taken over the position of Chief Financial Officer (CEO) and member in the Board of Directors of more

10 dec 2024

Romania's Competition Council has announced in a press statement on Dec. 10 that it has launched an investigation into possible anti-competitive agreements on the local sporting goods market. more

10 dec 2024

Romania's central bank has announced in a press statement on Dec.10 that its Board of Directors approved on September 30, 2024 the Internal Regulation on the general framework for emergency liquidity more

10 dec 2024

BCR Seed Starter, the first corporate venture capital (CVC) company established by a bank in Romania, has announced its first investment, of EUR500,000, in FieldOS, an innovative platform in the Field more

10 dec 2024

Private medical clinics chain Regina Maria has announced the relocation of the Policlinica Baneasa clinic to the Baneasa Airport Tower building, following an investment of EUR5 million. more

10 dec 2024

Romania's trade balance posted a deficit of EUR27.21 billion in January-October 2024, higher by EUR3.99 billion (+17.2%) compared to the same period of 2023, data from the country's statistics board more

10 dec 2024

Steel mill ArcelorMittal Hunedoara (stock symbol: SIDG) is temporarily scaling down its business operations during December 9 - 31, 2024 period amid economic difficulties caused by a lack of orders, more

9 dec 2024

Romanian shipbuilder Santierul Naval Severnav (stock symbol: SEVE) based in Drobeta Turnu-Severin, has announced in a stock market report on Monday (Dec. 9) the conclusion of a contract worth EUR4.5 more

9 dec 2024

Rainwater and Roofing Systems Producer Raiko Transilvania (stock symbol: RKOT) has announced in a stock market report on Dec. 9 that it has entered insolvency proceedings following a ruling issued by more

9 dec 2024

Over 250,000 Romanians from diaspora are coming to Romania during the month of December for the winter holidays and many of them are set to undergo various dental treatments considering that prices more

9 dec 2024

Digi Romania S.A., as borrower, together with Digi Communications and Digi Spain Telecom S.L.U., as original guarantors, have entered into two financing agreements, the company has announced in a more

9 dec 2024

The Electrica Group has been the victim of a cyberattack on Monday (Dec. 9), the company has announced in a stock market report. more

9 dec 2024

Romania's Finance Ministry raised roughly RON2 billion from banks on Monday (Dec 9.), selling government paper in two auctions, at annual average yields of 6.87% and 6.68%, respectively. more

9 dec 2024

The Bucharest Stock Exchange (BVB) has published on Monday (Dec. 9) the revised corporate governance code for the Romanian market, which was achieved in collaboration with the European Bank for more

9 dec 2024

OLX, the online classifieds platform in Romania, is expanding its offices leased in the America House building in central Bucharest by 43% up to a total of 1,663 square meters after its team has more

9 dec 2024

The share of households in Romania that had access to internet at home reached 88.6% of the total in 2024, up 2.9 percentage points compared to 2023, in line with data released by the country's more

6 dec 2024

The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania, as per a Memorandum of Understanding signed more

6 dec 2024

Romania’s finance ministry has announced on Friday (Dec 6, 2024) that it will launch this year's last edition of the TEZAUR Treasury bills (T-bills) program for the general population, on Monday more

6 dec 2024

Romania's Constitutional Court has annulled the result of the first round of the country's presidential election, on Friday (Dec 6). more