10 mai 2023

OTP Bank Romania posted after-tax profit of RON15 million (HUF1 billion) in the first quarter of 2023, compared with RON24 million losses in the year-ago period, which was predominantly impacted by more

9 mai 2023

Premier Palace & Spa Hotel in Bucharest, held by Premier Palace, insolvent since 2019, has been put up for sale for EUR6.9 million, court appointed trustee Euro Insol announced. more

9 mai 2023

The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from banks, a more

9 mai 2023

Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to fund at more

9 mai 2023

Luxury watch retailer EraVault has opened its first store in Bucharest, in a EUR250,000 investment. more

9 mai 2023

Alpha Bank Romania posted EUR11 million net profit in the first quarter of 2023, while its assets reached EUR4.4 billion, 13% higher than in the year-ago period. more

9 mai 2023

Real estate developer Forty Management has signed an agreement with Ascott hotel chain held by Singapore’s largest real estate investment company to bring The Crest Collection brand to Bucharest. more

9 mai 2023

Alpha Bank, one of the ten largest banks in Romania, is in talks with telecommunications group Orange over buying Orange Money IFN Romania, financial market sources told ZF. more

8 mai 2023

Footwear retailer Benvenuti posted RON30.8 million revenue in the first quarter of 2023, an increase of about 31% on the year-ago period, the retailer said. more

8 mai 2023

Computer and electronics retailer Altex, the leader of the local market, has budgeted EUR30 million investments for this year, which will go mostly to buying land and building stores. The amount does more

8 mai 2023

Rompetrol Well Services (PTR.RO), Rompetrol’s oil services division, has appointed Batyrzhan Tergeussizov Chairman of the Board of Directors for a three-year term starting May 1, 2023. more

4 mai 2023

Bittnet Systems (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange, has notified investors that its Board of Directors decided to conduct a primary public more

4 mai 2023

Small investors bought about RON2.9 million worth of shares in the first day of the Agricover Holding initial public offering on the Bucharest Stock Exchange, Thursday, May 4, 2023, ZF has found from more

4 mai 2023

Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sources more

4 mai 2023

EY assisted the Carrefour Group in the signing of the agreement with Louis Delhaize Group to buy the latter’s Romanian business, which includes 10 Cora hypermarkets and 8 Cora Urban stores, along more

3 mai 2023

French-held Carrefour Group, which has more than 400 stores under different formats in Romania, has expanded its network in the country by 36 stores in the past year (April 1, 2022 – March 31, more

3 mai 2023

Roca Industry Holding (ROC1.RO) listed on the AeRO market of the Bucharest Stock Exchange on Wednesday evening announced that Bico, a company in which it owns 70%, had signed the agreement to buy more

3 mai 2023

Romania’s Financial Supervisory Authority (ASF) on Wednesday May 3, 2023, approved the initial public offering prospectus of Agricover Holding for an offering of up to RON416 million, running from more

3 mai 2023

Law firm Tuca Zbarcea & Asociatii assisted the Carrefour group in the acquisition of the local subsidiary of Louis Delhaize, which operates as Cora in Romania. more

3 mai 2023

October could see a new company starting on the Bucharest Stock Exchange, Exonia Holding, after the initial public offerings of Hidroelectrica and Agricover, expected for the end of this quarter. more

2 mai 2023

Austria’s Greiner Group, owner of flexible polyurethane foam manufacturer South East Europe Neveon, has strategic plans until 2028 and Romania is at the center of attention in Central and Eastern more

2 mai 2023

Transport and logistics company DGH Log&Sped, one of the largest in Romania, hit the RON100 million (EUR20 million) revenue mark in 2022, an increase of 13% on the previous year, Finance Ministry data more

28 apr 2023

Furniture and home décor retailer Vivre announced RON34 milion losses for 2022, compared with RON85 million the previous year and 50% lower revenue, RON114 million. more

28 apr 2023

Teilor Holding, a group that includes fine jewelry chain Teilor, non-bank financial institution Invest Intermed GF IFN and Teilor Invest Exchange and has bonds listed on the Bucharest Stock Exchange, more

28 apr 2023

Metropolitan Life Pensii Private, the manager of the third largest Pillar II pension fund in Romania after NN Pensii and AZT Viitorul Tau, went shopping in March 2023 and increased its stakes in more