9 oct 2024

SITA, the world's leading specialist in air transport communications and information technology, has announced the opening of a research and development (R&D) center in Cluj-Napoca, which is the first more

9 oct 2024

Control F5 Software, a developer of personalized software solutions, ended 2023 with a turnover of over RON3.9 million, up 41% on the year, as per data published on the finance ministry website. more

9 oct 2024

Intesa Sanpaolo Bank, the Romanian subsidiary of the Intesa Sanpaolo Group, Italy's largest banking group, has appointed Alessio Cioni as General Director and Chief Executive Officer. more

9 oct 2024

Insolvent online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), recorded a turnover of RON15.8 million for January-June 2024 period versus RON53 million in the more

8 oct 2024

Nuclear power producer Nuclearelectrica (stock symbol: SNN), the operator of the power plant in Cernavoda, announced in a stock market report on October 8 the appointment of Daniel Adam as Chief more

8 oct 2024

The management of Holde Agri Invest (stock symbol: HAI), one of the largest farmland operators in Romania, announced in a stock market report on October 8 about the change of Bogdan Serghiescu from more

8 oct 2024

Norofert, a producer of organic farm inputs and provider of biotechnology for agriculture in Romania, listed on the AeRO market of the Bucharest Stock Exchange, has announces the approval of its Board more

8 oct 2024

Romanian coffee shop chain 5 to go, launched on the local market less than a decade ago, has opened its first café in the Republic of Moldova, in the city of Chisinau. more

8 oct 2024

The number of impact companies in imminent insolvency increased by 18% in 2024, to 8,190, and the number of impact companies in difficulty reaches the highest level since 2013, as per an analysis by more

8 oct 2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, is opening its own technology hub - tbi tech, in Türkiye. more

8 oct 2024

Rompetrol Rafinare, a member company of the KMG International group, has announced in a press statement on Oct 8 that it continues to invest in equipment that supports the efficiency of the more

8 oct 2024

Romania's Competition Council has authorized the transaction through which OMV Petrom S.A. intends to outsource certain services to the partnership formed by Eugen Trans S.R.L. and Rohrer Oil & Gas more

7 oct 2024

Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County) and held by entrepreneurs Vilmos Barta, Zsombor Somai and Marta Voloncs, ended the first half of 2024 with a more

7 oct 2024

Purcari Wineries Public Company Limited (stock symbol: WINE), the leading wine producer in Central and Eastern Europe, unveiled today its new mid-term strategy aimed at establishing itself as an more

7 oct 2024

Kontron Services Romania, the local subsidiary of Austria's Kontron Group, with a major foothold on the market of integrated IT&C solutions supply for the public sector, recorded net loss of RON62 more

7 oct 2024

EVOLOR, one of the largest players in the Romanian varnish and paint production industry, is inaugurating a new high-performance factory on the Oltchim Ramnicu Valcea industrial platform. more

7 oct 2024

Shareholders of Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, approved the distribution of a gross dividend of RON1.05 per more

7 oct 2024

Romania's Finance Ministry raised RON500 million from banks on Monday (Oct 7, 2024) selling benchmark bonds, in line with the planned amount, at an annual average yield of 6.35%. more

7 oct 2024

Selion Global, a global leadership consulting firm specializing in executive search, Board services, leadership advisory and consulting, is entering the Romanian market in partnership with two of the more

7 oct 2024

Romania's Competition Council has approved the transaction through which Sarmis Holding 4 SarL and Lightspan Management LTD intend to acquire MG TEC Industry SRL. more

7 oct 2024

The total monthly average income in Romania stood at RON8,210 per household, in nominal terms, in Q2/2024, representing RON3,274 per person, 2% more than in Q1/2024 and 18.8% higher than in Q2/2023, more

7 oct 2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.1% in unadjusted data and by 7.3% when adjusted for seasonality and number of working days, in more

4 oct 2024

Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), ended the first half of 2024 with net profit of RON5.3 million, slightly more

4 oct 2024

Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, October 7, the ministry announced on Friday (Oct 4). more

4 oct 2024

Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more