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

6 dec 2024

Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment vehicle Qemetica US Silica LLC, USA, the activities more

6 dec 2024

Romania's economy inched 0.8% higher both in unadjusted data and seasonally adjusted data, in the first nine months of 2024 compared to the same period of 2023, provisional data from the country's more

5 dec 2024

BRD Groupe Societe Generale was designated "Bank of the Year in Romania" for the second consecutive year, during the ceremony organized on December 4, in London, by the British publication "The more

5 dec 2024

Meat processor Vanbet based in Vaslui (eastern Romania) ended 2023 with a turnover of RON445 million (nearly EUR90 million), up 11.9% from the RON397.7 million (EUR80.6 million) level reported in more

5 dec 2024

Car parts manufacturer Hella Romania, the local division of Germany's Hella, will be closing its center in Oradea (northwest Romania), as per data on the automotive market, which the company has yet more

5 dec 2024

Romanian do-it-yourself (DIY) retailer Dedeman, held by brothers Adrian and Dragos Paval, will be opening a new store on Dec 6, in the northeastern town of Pascani, Iasi County, following an more

5 dec 2024

Praktiker Real Estate, the property company owned by Turkish businessman Omer Susli, has completed the acquisition of the Muntenia Business Center office building, in central Bucharest, and the more

5 dec 2024

Amethyst Romania, the network of centers specializing in radiotherapy, will be opening two new centers in 2025, in Piatra Neamt and Satu Mare, respectively, in the wake of an investment of EUR10 more

5 dec 2024

ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, announces the appointment of Dennis Rijksen as the more

5 dec 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8% when adjusted for seasonality and number of working days, in more

4 dec 2024

Bihor-based builder Drum Asfalt, owned by Floare Petroi, ended 2023 with a turnover of RON404.5 million (EUR81.8 million), up 119% from the RON184.8 million (EUR37.4 million) level reported in 2022, more