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

13 ian 2025

Favorable economic factors, such as inflation stabilization, interest rate cuts and real income growth, are aiding real estate sector consolidation as a vital pillar of the continental economy, points more

10 ian 2025

Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Jan. 10 that the position of General Manager of Cernavoda NPP Branch will be temporarily more

10 ian 2025

Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a second set of provisional data from the country's more

10 ian 2025

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8.1% when adjusted for seasonality and number of working days, in more

10 ian 2025

Law firm Filip & Company has provided legal assistance to Qemetica, a major player in the European chemical industry, in a complex project regarding the sale of calcined soda ash and sodium silicate more

10 ian 2025

Romania's trade balance posted a deficit of EUR30 billion in January-November 2024, higher by EUR4.51 billion (+17.7%) compared to the same period of 2023, data from the country's statistics board INS more