30 mar 2023

BCR has signed an agreement with Victoriabank – one of the largest in the Republic of Moldova, controlled by Banca Transilvania and EBRD, for the sale of the entire stake in BCR Chisinau. more

30 mar 2023

The ten largest banks by assets in Romania increased their assets at different paces in 2022, going from 5% to 56%, while the net assets of the entire banking system increased by almost 10% to a more

29 mar 2023

Distribution and logistics company Aquila Part Prod (AQ.RO) expects RON2.4 billion revenue in 2023, up from the RON2.2 billion of 2022. more

29 mar 2023

Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a later more

28 mar 2023

Caru’ cu Bere restaurant in Bucharest saw record high sales of more than EUR10 million in 2022. more

28 mar 2023

Aluminum smelter Alro Slatina (ALR.RO) has budgeted $783 million (RON3.6 billion) revenue for 2023, an increase of 15.5% on 2022, $82 million (RON374.8 million) EBITDA, down 51.2%, pre-tax profit of more

28 mar 2023

A Deals transaction was recorded by the Bucharest Stock Exchange on Tuesday at 3:46 p.m., which involved six million shares of Fondul Proprietatea (FP.RO) worth RON12.72 million. more

27 mar 2023

Furniture and home products retailer JYSK continues its expansion plans in Romania and opens a new store in Campulung Muscel on Thursday, March 30, bringing its network to 131 stores in the country. more

27 mar 2023

Romania's Finance Ministry raised RON556 million from banks on Monday (March 27) selling bonds maturing in 2027, at an annual average yield of 7.15%. more

27 mar 2023

Unilever, one of the world's largest producers of consumer goods, has completed its investment in the development of food production in Prahova County (Ploiesti) in Romania, ZF sources say. The more

27 mar 2023

Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by the more

27 mar 2023

AirConnect, an airline established by Tudor Constantinescu and four other private investors in 2021, launched its first scheduled domestic and international flights on Monday. more

27 mar 2023

Combinatul de Ingrasaminte Chimice (CICh) Navodari, the only Romanian producer of fertilizers and professional biostimulants, has appointed Mihai Anitei, former country manager of Swiss-held Ameropa, more

27 mar 2023

eMAG’s chief marketing officer Irina Pencea has been appointed chief executive officer of eMAG Romania, a position held by Tudor Manea in the last two years, who is also the group CEO. more

24 mar 2023

Financial investment company Evergent Investments (EVER.RO) has called shareholders for April 27 to vote on the distribution of dividends of up to RON82.7 million or a gross dividend per share of more

24 mar 2023

Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, has called shareholders for April 27, 2022 to vote on the distribution of a gross dividend more

24 mar 2023

Romania’s Competition Council on Friday announced it had given the greenlight for the acquisition by MedLife of Centrul de Diagnostic si Tratament Provita. more

24 mar 2023

An integrated team of specialists from PwC Romania and Greece and lawyers from D&B David si Baias, the partner law firm of PwC in Romania, assisted Greece’s Public Power Corporation (PPC) in buying more

24 mar 2023

CEC Bank has granted an about RON40 million loan to Toneli Holding, part of the Toneli Group, the largest egg producer in Romania, guaranteed by EximBank, through the state aid scheme put in place more

23 mar 2023

Brasov-based roofing manufacturer Bilka, held by entrepreneur Horatiu Tepes, ended 2022 with RON1.15 billion revenue, an increase of 3% on 2021, the latest data available on the Finance Ministry more

23 mar 2023

Romania’s national grid company Transelectrica (TEL.RO) has called shareholders for April 27, 2023 to secure approval to distribute a RON0.71/share gross dividend from the 2022 profit, according to more

23 mar 2023

Natural gas producer Romgaz’s (SNG.RO) Board of Directors on March 23 approved a gross dividend of RON3.42/share, which will be submitted to the General Meeting of Shareholders on April 26-27 to more

23 mar 2023

French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the last few more

23 mar 2023

Dietary supplements, teas and cosmetics importer, wholesaler and retailer Secom announces that its own brand of dietary supplements Good Routine is now available in the Amazon marketplaces in France more

23 mar 2023

Automotive components supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle Group, posted RON253.3 million (EUR51.4 million) revenue in 2022, up by about 10% compared with the more