21 ian 2025

Generative AI (Gen AI) adoption has reached a key phase, with seven out of ten respondents (67%) that participated to the latest edition of Deloitte's study “The State of Generative AI in the more

21 ian 2025

IT and digital marketing services provider Zitec ended 2024 with a consolidated turnover of EUR34 million, which translates into an organic growth of 13%, despite a difficult political and economic more

21 ian 2025

Just over half of Romanian companies (51%) have attracted financing through European programs and state aid schemes, with the sector of firms with annual revenues of over EUR10 million being the most more

21 ian 2025

Autonom Services SA, the largest independent Romanian company in the mobility solutions market, is listing a new bond issue at the Bucharest Stock Exchange (BVB), on Tuesday (Jan. 21). more

20 ian 2025

Romania's Competition Council has fined the companies Societatea de Constructii Napoca SA and Beton Constructorul SRL a total RON1.42 million (EUR286,758) for rigging a tender launched by the Chinteni more

20 ian 2025

Rompetrol Well Services (stock symbol: PTR), the oil services division of Rompetrol, has announced in a stock market report on Jan. 20 the appointment of Utekov Yedil as Chairman of the Board of more

20 ian 2025

Polish-held retailer Żabka, one of Europe's largest chain of convenience stores, has officially started its expansion in Romania with the launch of the froo brand. more

20 ian 2025

3 out of 10 Romanians feel Blue Monday as one of the most difficult days of the year, and the main causes of emotional discomfort are cold weather, excessive spending during the holiday period and more

20 ian 2025

Romania's Finance Ministry raised RON300 million from banks on Monday (Jan. 20, 2025) selling benchmark bonds, at an annual average yield of 7.93%. more

20 ian 2025

The number of BT Pay users using the Round Up option has exceeded 300,000, which translates into a 50% increase compared to the same period last year, as per data provided by Banca Transilvania (BT) more

20 ian 2025

Romania's national grid operator Transelectrica (stock symbol: TEL) has unveiled an investment plan of RON9.4 billion for the development of the Electricity Transmission Network (ETN) in the 2024-2033 more

20 ian 2025

The volume of construction works in Romania decreased, in unadjusted data, by 5% in January-November 2024 and by 3.9% when adjusted for the number of working days and seasonality, data from more

17 ian 2025

Romania's energy output fell by 4.7% in January-November 2024, to 15.477 million tons of oil equivalent (TOE), compared to the year-earlier period, due to an ongoing decline in hydro and wind power more

17 ian 2025

Romania had the highest annual inflation rate, of 5.5%, among European Union (EU) Member States, in December 2024, data from Eurostat, the bloc's statistical office, showed on Friday (Jan.17). more

17 ian 2025

Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in 2023, relative to the European Union (EU) average, more

16 ian 2025

Romanian state-owned lender CEC Bank has selected Swiss-based banking software specialist Temenos to streamline its retail and corporate core banking systems. more

16 ian 2025

Romania's Finance Ministry raised RON800 million from banks on Thursday (Jan.16), selling government paper in two auctions, at annual average yields of 7.75% and 7.98%, respectively. more

16 ian 2025

Autonom Services, the leading independent player in the Romanian operating lease and rent-a-car markets, will be listing a new bond issue, in the total amount of EUR30 million, at the Bucharest Stock more

16 ian 2025

Romania's Competition Council is assessing the transaction through which Romcim SA intends to take over two Liebherr-type concrete production units, belonging to BCC Agregate Betoane SRL, located in more

16 ian 2025

Artrom Steel Tubes, the Romanian seamless steel tubes producer based in Slatina and Resita, will be acquired by GLGH Steel, a subsidiary of American investment company Great Lakes Global Holdings more

16 ian 2025

The average net salary in Romania increased by 2.3% (+RON120) in nominal terms in November 2024 compared to October 2024, to 5,388 (EUR1,084), data from the country's statistics board INS showed on more

16 ian 2025

An International Monetary Fund (IMF) mission will visit Bucharest February 3-7, 2025, to hold a regular staff visit, reads an IMF press statement. more

15 ian 2025

NXP Semiconductors has secured a EUR1 billion loan from the European Investment Bank (EIB) to advance the company’s research, development, and innovation (RDI) investments across its broad portfolio more

15 ian 2025

Farmland operator Holde Agri Invest (stock symbol: HAI) has contracted a loan worth a total RON5 million from SevenX Ventures, which owns 21.1% of the company's shares and is held by investors Iulian more

15 ian 2025

Terapia Cluj, one of Romania’s major drug makers and part of pharmaceuticals giant Sun Pharma, has finalized the project consisting of a solar power plant located on the company's industrial more