3 sep 2024

Green Leaves Technical SRL, the sole licensed distributor of Chinese smart devices brand OnePlus/Oppo in Romania, ended 2023 with a turnover of RON230.9 million, down 8% year-over-year, and net profit more

3 sep 2024

Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, ended the first half of 2024 with a turnover of RON275 million (EUR55.2 million), up 15.5% year-over-year, due mostly to an more

3 sep 2024

New car registrations decreased by 22.64% to 9,972 units in Romania in August 2024 compared with the same month of 2023, in line with data provided by Romanian carmakers’ association ACAROM. more

3 sep 2024

Florin Petolea, Chief Technology & Information Officer (CTIO) with Telekom Romania Mobile Communications since January 2023, has left the mobile telecom operator after a mandate of less than two more

3 sep 2024

HILS Development, an entrepreneurial company dedicated to responsible real estate development, announces the pre-certification of Green Homes for the HILS Sunrise project, marking a first for the more

3 sep 2024

Biotech startup The Cat Health Company (TCHC), which aims to develop novel drugs against age-related diseases in felines, has raised a total EUR500,000 in a first pre-seed funding round. more

3 sep 2024

Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.6% in July 2024 compared to July 2023, data from Romania’s National Statistics Institute INS more

3 sep 2024

Romania's hourly labor costs adjusted to the number of working days climbed 6.79% in the second quarter of 2024 compared to the first quarter of 2024, data from the country's statistics board INS more

2 sep 2024

The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, shows that the activity in Romania’s manufacturing more

2 sep 2024

Hidroelectrica (H2O.RO), the largest electricity producer in Romania, has signed contracts with the consortium formed by Hidroserv and UCMH for the modernization of the Vaduri, Remeţi and Arceşti more

2 sep 2024

Romania's Finance Ministry raised RON945.2 million from banks on Monday (Sept 2), selling government paper in two auctions, at annual average yields of 6.23% and 6.65%, respectively. more

2 sep 2024

Fitch Ratings has reaffirmed Romania's outlook at 'stable' and the local currency issuer default ratings (IDR) at 'BBB-'. more

2 sep 2024

Romania's Competition Council is analyzing the transaction through which Baxi S.p.A intends to take over G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. more

2 sep 2024

Romania's Competition Council is assessing the transaction through which OMV Petrom S.A. intends to take over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA. more

2 sep 2024

A total of 72% of investors consider the availability of non-repayable grants to be a decisive factor in choosing a country to invest in, according to the EY Attractiveness Survey Romania 2024. more

2 sep 2024

Romania's foreign exchange reserves decreased by EUR392 million over the course of August 2024, down to EUR63.1 billion at the end of the month, compared with EUR63.5 billion at the end of July 2024, more

2 sep 2024

Genesis Property, one of the leading office building owners in Romania, has secured the BREEAM Outstanding Certification for the F building of the YUNITY Park business campus located in northern more

2 sep 2024

Deloitte Romania's management team expands as of September 1, 2024, following the promotion to directors of employees Ioana Lucaciu, Mihai Ionica and Andrei Stan, from the Audit and Assurance more

23 aug 2024

Romania's Competition Council has conducted unannounced inspections at the premises and stores of the company Profi Rom Food SRL in the cities of Timisoara and Bucharest. more

22 aug 2024

Road freight carrier Trans SESE, headquartered in Cluj-Napoca, the local subsidiary of Spanish group SESE, returned to profit in 2023, with net gain of over RON770,000 (EUR155,700), compared with net more

22 aug 2024

Pharmaceutical producer Biofarm Bucuresti (stock symbol: BIO) ended the first half of 2024 with net profit of RON42 million, down 17% from RON50.2 million reported in the same period of 2023, as per more

22 aug 2024

Cocor Bucuresti (COCR.RO), the operator of the shopping center in the center of Bucharest, reported net profit of RON2.6 million for the first half of 2024, up 165.5% compared with the result reported more

22 aug 2024

Romanian state-run port operator Oil Terminal (stock symbol: OIL) has announced in a stock market report on August 22 that it signed a partnership agreement with Swiss company Euronova Energies more

22 aug 2024

Anca Luca, who has been a community manager for startups within Banca Comerciala Romana (BCR) over the last years, was recruited by the InnovX startup accelerator for the position of Chief Growth more

22 aug 2024

Alina Iacomi, currently Tribe Lead Digital and product owner at ING Home’Bank in Romania, will take over the position of Chief Operating Officer (COO) at ING Italy, starting October 1, 2024, and more