28 apr 2023

National grid company Transelectrica (TEL.RO) published a report on the Bucharest Stock Exchange on Friday (April 28) detailing investment plans and explaining its position for having 50% of the 2022 more

27 apr 2023

Cosmetics and consumer goods producer and distributor Sarantis, held by the Greek group by the same name, increased its revenue by 14.3% to RON463.5 million in Romania in 2022, in a year with a record more

27 apr 2023

Computer and electronics retailer Altex Romania has taken over EUR4.6 million debt of Vivre Deco together with all the guarantees from Banca Transilvania and therefore became a guaranteed creditor in more

27 apr 2023

French-held Carrefour Group has officially confirmed the acquisition of rival Cora’s stores in Romania, a deal ZF first reported about on Tuesday. The deal includes ten hypermarkets and eight Cora more

27 apr 2023

Cluj-Napoca is the city where real estate developer Iulius is focusing on right now, while Constanta is considered for a future project and Bucharest, too, is on the list of development plan, but for more

26 apr 2023

Romania’s largest oil company OMV Petrom (SNP.RO) on Wednesday secured approval from its shareholders to distribute RON2.3 billion from the RON10 billion net profit of 2022 as dividends. The gross more

26 apr 2023

Rompetrol Well Services (PTR.RO) notified the Bucharest Stock Exchange on Wednesday evening that its shareholders, starting with Kazakhstan’s KMG International, which owns 73% in it, approved the more

26 apr 2023

Natural gas producer and supplier Romgaz (SNG.RO) has notified the capital market of the decision made by its General Meeting of Shareholders on April 26 to distribute the 2022 profit. more

26 apr 2023

Austria’s HS Timber sold its company in Sebes, Romania, to Germany’s Ziegler Group, which has logistics and wood processing operations. With this acquisition, Ziegler Group enters Romania. more

26 apr 2023

Real estate developer Iulius of businessman Iulian Dascalu has established a joint venture with Romanian-American investment group W&E Assets, whose founders include Iasi tech entrepreneur Ilie more

25 apr 2023

French-held Carrefour group will take over rival Cora’s operations in Romania in the largest deal in local retail in the last few years, put at EUR70 million to EUR90 million, several sources told more

25 apr 2023

Sustainable residential, office, and mixed-use real estate project developer One United Properties on Tuesday held the General Meeting of Shareholders, which approved distribution of the second more

25 apr 2023

Agribusiness company Agroserv Mariuta S.A (MILK.RO)., which owns the Laptaria cu Caimac brand, on Tuesday notified the Bucharest Stock Exchange of changes in its management. more

25 apr 2023

The hydrocarbon production of Romgaz (SNG.RO), the second largest oil company in Romania declined by 5.4% from 8.45 million to 8.07 million barrel of oil equivalent in the first quarter of 2023 more

25 apr 2023

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Bank a term deposit without extension in the amount of RON130.14 million, the company informed its shareholders and investors via a more

25 apr 2023

Law firm Filip & Company assisted RCS & RDS S.A., part of the Digi group, in the signing of a senior loan facility agreement that consists of a term loan facility of EUR150 million, a revolving credit more

24 apr 2023

Telecommunications operator Digi (DIGI.RO) on Monday night notified the Bucharest Stock Exchange that its RCS&RDS subsidiary signed an agreement for several loan facilities worth EUR500M to refinance more

24 apr 2023

Romania's Finance Ministry raised RON1.1 billion from banks on Monday (April 24) selling government paper in two auctions at annual average yields of 7.33% and 7.53%. more

24 apr 2023

National power grid company Transelectrica (TEL.RO) has appointed Stefanita Munteanu chief executive officer as of April 25, the company said in a decision of its Supervisory Board sent to the more

24 apr 2023

Romania’s largest lender Banca Transilvania (TLV.RO) on April 24 published a report to the Bucharest Stock Exchange detailing the EUR500 million financing concluded at a yield of 9% per annum and a more

24 apr 2023

Tema Energy, a technology provider specializing in construction of data centers, going from design to delivery, installation, start-up and maintenance and support services, ended 2022 with more than more

24 apr 2023

Law firm Filip & Company assisted Fondul Proprietatea (FP.RO) in the sale of its minority stake in E-Distributie Muntenia SA, Enel Energie Muntenia S.A., E-Distributie Dobrogea S.A., E-Distributie more

21 apr 2023

Banca Transilvania (TLV.RO) on Friday night sold EUR500 million worth of bonds at a yield of 9% per annum, as part of the EUR1 billion bond issue the shareholders approved in order to meet the minimum more

21 apr 2023

Unita Turism Holding, which operates several hotels in Romania, has sold the Fantanele complex by the Belis Lake, Cluj County, to Cluj-based Transilvania Quest for EUR5 million, Transilvania Business more

21 apr 2023

Romania had 949 kilometers of highway at the end of last year, 18 more than in 2021, which account for 1% of the total public road network and 5.4% of the national road network, National Statistics more