22 mar 2024

iHunt Technology Import-Export (HUNT.RO), a supplier and manufacturer of cellphones and gadgets listed on the AeRO market of the Bucharest Stock Exchange, has called shareholders for April 23 to more

22 mar 2024

Arctic Stream (AST.RO), an IT infrastructure and security integrator, has called shareholders for April 23 to vote on the distribution of RON5 million dividends from the RON9.2 million profit of 2023. more

22 mar 2024

Alumil Rom Industry (ALU.RO), a leader on the aluminum systems market, has called shareholders for April 26 to vote on the distribution of RON0.2/share gross dividends or a total of about RON6.25 more

22 mar 2024

BCR, the second largest lender in Romania by assets, plans to double exposure to the agrifood sector to EUR2 billion by the end of 2026, its representatives told ZF. more

21 mar 2024

French-held Carrefour group is closing half of the convenience stores it got when it bought rival Cora’s operations in Romania, that is four of eight. more

21 mar 2024

Cluj-based Ambulance and special vehicle maker Deltamed ended 2023 with about EUR36 million revenue, an increase of 88% on the previous year, as a result of higher number of projects and a five-fold more

21 mar 2024

Real estate developer One United Properties (ONE.RO) has called shareholders for April 25, 2024, to vote on the distribution of RON38 million dividends and on a potential corporate bonds issue. more

21 mar 2024

Spirits production and distribution group Alexandrion is expanding worldwide, founder Nawaf Salameh says, whose dream is to go to every country, and the plan is to conquer America in the second half more

20 mar 2024

Asbis Romania, the local subsidiary of Cyprus-based ASBIS, a developer and provider of ICT and IoT products, solutions and services for the Europe, Middle East and Africa (EMEA) markets, posted a 20% more

20 mar 2024

PayPoint Romania processed more than 100 milion transactions worth a total of RON13.6 billion via its 25,000 partner stores and the 24pay app saw a 60% increase in the number of payments in 2023. more

20 mar 2024

The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to seasonality, more

20 mar 2024

Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Bank, more

20 mar 2024

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (March 20) announced its shareholders in a stock market report that it opened a term deposit in amount of RON201.1 million, with more

20 mar 2024

The board of directors of the Bucharest Stock Exchange (BVB.RO), the operator of Romania’s capital market, has called shareholders for an April 24 meeting to vote, among others, on the distribution more

20 mar 2024

Romanian fast food chain Fryday, established by Suceava entrepreneur Lucian Florea, has grown to nine restaurants and ended last year with RON28.6 million (EUR5.7 million) revenue, double as much as more

19 mar 2024

Pizza Hut restaurant chain held by Sphera Franchise Group in Romania, which also holds the KFC and Taco Bell franchises, underwent a significant restructuring process in 2023 and 2024, which entailed more

19 mar 2024

OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3 billion. more

18 mar 2024

Spain’s Inditex Group, one of the largest actors in world’s fashion industry, which owns such brands as Zara, Bershka and Massimo Dutti, posted pre-tax profit of EUR92 million in Romania in 2023. more

18 mar 2024

Gym network Stay Fit Gym, one of the largest actors on this market in Romania, plans to develop fast in the next two years. It seeks to go from 35 gyms in 15 cities at the moment to 55 by the end of more

23 feb 2024

Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024). more

23 feb 2024

Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the more

23 feb 2024

Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93 million net profit in 2023, 3% higher than in 2022. more

23 feb 2024

Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report more

23 feb 2024

OVES Enterprise, a software development company and drone manufacturer, is expanding its drone production and investing EUR100,000 in a new line dedicated to manufacturing small-sized drones equipped more

23 feb 2024

US-held Uber, which operates one of the largest mobility platforms worldwide, on Thursday announced the launch of UberX Share service in Romania, in Bucharest, at the same time as in Poland, Warsaw more