15 oct 2024

The companies in which venture capital fund Early Game Ventures invested its first fund, Early Game Fund I, have reached annual revenue of more than EUR43 milion and a total number of more than 400 more

15 oct 2024

Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of the main more

14 oct 2024

Romanian tourists spent EUR2.6 billion on vacations abroad in the three months of summer, June-August, according to ZF calculations based on data from Romania’s central bank. more

14 oct 2024

Prebet Aiud (PREB.RO), a precast reinforced and prestressed concrete producer, on Monday evening announced the conclusion of a contract for RON63 million credit facilities with BRD-Group Société more

14 oct 2024

Pharmaceutical producer Zentiva (SCD.RO) on Monday announced the Czech Zentiva Group, its majority shareholder, had come to own more than 96% in it as a result of the tender offer conducted between more

27 sep 2024

Romanian retail, agriculture and food entrepreneurial group Agroland Business System (AG.RO), which owns the largest network of farm supply stores in Romania, has closed a bond sale via private more

27 sep 2024

Romanian retail, agriculture and food entrepreneurial group Agroland Business System (AG.RO), which owns the largest network of farm supply stores in Romania, ended the first half of 2024 with more

27 sep 2024

The officials of France-based ADEO Group, held by the Mulliez family, which owns Leroy Merlin in Romania, will not comment on the information about talks with UK’s Kingfisher over buying Brico more

27 sep 2024

Damen has signed a contract with the City of Toronto (Canada) for the delivery of two ferries that will carry passengers and vehicles between the downtown Jack Layton terminal and the Toronto Islands, more

27 sep 2024

National grid operator Transelectrica (TEL.RO) notified the Bucharest Stock Exchange about the signing with the Energy Ministry of a new financing contract from the Modernization Fund for the “Pilot more

27 sep 2024

UK’s Kingfisher Group, which owns DIY retailer Brico Dépôt in Romania, is in talks to sell the operations in the country, market sources told ZF. more

26 sep 2024

Aluminum producer Alro Slatina (ALR.RO) on Thursday announced the appointment of a new chief executive officer, Marin Cilianu during the Board of Directors meeting on September 26, 2024, for a term more

26 sep 2024

Retailer Auchan continues to invest in the ATAC Hiper Discount store network, which reaches seven stores, with the latest openings taking place in Sibiu and Satu Mare on Thursday, September 26, more

26 sep 2024

Prodvinalco (VAC.RO), a company majority-owned by Mircea Todea, Vasile Albon and Marcel Hosu, posted RON11.2 million net profit in the first half of 2024, 43% higher than in the year-ago period. more

25 sep 2024

Soufflet Agro Romania, part of France’s Soufflet Group., posted RON217.5 million (some EUR44 million) revenue in 2023, 36% lower than the RON340.4 million (EUR69 million) of 2022, ZF has calculated more

25 sep 2024

Singapore sovereign wealth fund GIC might be considering the sale of P3’s logistics project in Romania, according to real estate market data, and the shortlist is said to include CTP, WDP, as well more

25 sep 2024

Fondul Proprietatea (FP.RO) on Wednesday evening notified the Bucharest Stock exchange that total subscription in its public tender offer conducted to buyback its shares stood at 1.85 billion shares more

25 sep 2024

Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that it had commenced the process of delisting the global depository receipts (GDR) from the more

25 sep 2024

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, is planning to implement a number of cost cutting solutions soon, as four years after the pandemic, the automotive industry is more

24 sep 2024

Romanian startup Pentra (formerly Pentest Copilot), which was among the finalists of the Innovation Labs 2024 and was selected by Early Game Ventures to get funding, has recently received the more

24 sep 2024

Romania’s future retirees, that is about 8.3 million people contributing to Pillar II mandatory pension funds are the biggest investors of Banca Transilvania (TLV.RO), data aggregated by ZF show. more

24 sep 2024

Entrepreneurial company 2B Intelligent Soft (BENTO.RO) posted RON12.1 million net profit in the first half of 2024, an increase of 106% on the year-ago period, while operating revenue increased by 93% more

23 sep 2024

Private equity investment in Romania stood at merely EUR130 million or 0.041% of the GDP in 2023, ZF has calculated from ROCA-supplied data. more

23 sep 2024

Restart Energy One, one of the main independent electricity and renewable energy suppliers to household and SME consumers in Romania, ended the first half of 2024 with RON36.6 million revenue, 70% more

23 sep 2024

The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the more