19 sep 2024

Romania's finance ministry raised EUR5 billion on Sept 19 by tapping international markets with two euro-denominated bond issues and one US dollar-denominated bond issue, maturing in seven, twenty and more

19 sep 2024

Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press statement on Thursday (Sept 19). more

19 sep 2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a new drilling campaign using a state-of-the-art more

19 sep 2024

Romania's Finance Ministry raised RON599 million from banks on Thursday (Sept 19), selling benchmark bonds, way above the planned amount of RON200 million, at an annual average yield of 6.8%. more

19 sep 2024

Starting September 23, 2024, Romania's National Bank will add to the list of exchange rates the indicative quotations of the Romanian leu against the Hong Kong dollar (HKD), the Israeli shekel (ILS), more

19 sep 2024

The Ilfov Court has appointed INFINEXA Restructuring, a Romanian entrepreneurial company specializing in the restructuring of distressed firms, to act as insolvency administrator for meat processor more

19 sep 2024

NN Group, a Dutch financial services company operating in the local life insurance and private pension markets, and venture capital fund Rubio Impact Ventures launch the NN Social Innovation Startup more

19 sep 2024

Bergenbier S.A., part of Molson Coors Beverage Company group, one of the leading brewers in Romania, has announced changes in its management team: Alexandru Nomicos, who has held the role of Finance more

18 sep 2024

Romania is the country with the highest inflation rate among the European Union member countries, for the sixth consecutive month, after reporting an annual consumer price index of 5.3% in August more

18 sep 2024

Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said in a more

18 sep 2024

Marek Gebski is the new Marketing & Digital Director at Philip Morris Romania, effective October 1, 2024. more

18 sep 2024

The volume of construction works in Romania decreased, in unadjusted data, by 2.7% in January-July 2024 and by 2.5% when adjusted for the number of working days and seasonality, data from Romania’s more

17 sep 2024

Electricity supplier and distributor Electrica (stock symbol: EL) has informed its shareholders and investors in a stock market report on Sept 17 that it has attracted nearly EUR3.4 million in more

17 sep 2024

CIS Group, a local business that provides solutions and services for the energy sector, founded by entrepreneur Sebastian Calugar, has signed a contract for the construction of a photovoltaic park in more

16 sep 2024

Botosani-based suit manufacturer Formens, held by French entrepreneur Losson Gerard Justin Joseph, for 2023 reported a turnover of RON287 million (EUR58 million), up nearly 3% from a RON278.6 million more

16 sep 2024

Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, ended 2023 with a turnover of RON28 million (EUR5.6 million), up 3.2% from a RON27.1 million more

16 sep 2024

Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, has announced on Monday (Sept 16) that it concluded a significant contract worth RON22.9 million for the expansion and more

16 sep 2024

Romania's Finance Ministry raised RON500 million from banks on Monday (Sept 16), selling government paper at an annual average yield of 6.48%. more

16 sep 2024

Romania's IT industry, which has seen significant growth until recent years, is now feeling the effects of the global economic crisis; compared to two years ago, the budgets allocated for IT services more

16 sep 2024

Romanian ed-tech start-up Youni, which developed the younichoice.com platform that helps students find the right university abroad, has attracted a new financing round of EUR1 million from Czech fund more

16 sep 2024

ALD Automotive I LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common identity. more

16 sep 2024

More than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer, but Romanian clients are less loyal to their bank compared to more

13 sep 2024

In the second quarter of 2024, the employment rate for the working age population (15-64 years) was 64.4%, increasing by 0.2 percentage points compared with the level recorded in the first quarter of more

13 sep 2024

Romania’s industrial production inched up 0.2% in unadjusted data in July 2024 versus July 2023 but fell 3.9% when adjusted for seasonality and the number of working days, data from the country’s more

13 sep 2024

Romania's Competition Council has approved the transaction by which Vetimex Capital SRL and D Craig Holding SA intend to take over Vet HoldCo SRL, Vet ManCo SRL, Vet MidCo SRL, Vet OpCo SRL and more