21 mai 2024

BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the process of more

20 mai 2024

Porsche Inter Auto has started work on the project of a new center for the Porsche brand in Cluj, which will be located near the airport. It will have both a showroom and a service center and is more

20 mai 2024

Paralela 45, one of the largest tour operators in Romania, ended 2023 with a sales volume of RON300 million, according to data provided by company representatives. more

20 mai 2024

Consumer goods giant Unilever has invested EUR12 million in its ice cream factory in Suceava over the last four years and plans to invest another EUR4 million in 2024 and 2025. more

20 mai 2024

Romania’s insurance market has grown a lot and more than doubled in the past decade, while its main segments have either performed the same or tripled or grown ten-fold, like the life insurance more

20 mai 2024

The operating leasing market in Romania grew by 12% to 89,500 units under management in 2023, of which more than 90% are full service, according to the estimates of the Association of Operating more

17 mai 2024

Telecommunications operator Digi (DIGI.RO) has opened its central office in Belgium, in Brussels, and is thus preparing the enter the Belgian market this summer, it said in a press release. more

17 mai 2024

The most expensive houses for sale in the outskirts of the major cities in Romania are located on the outskirts of Bucharest and Cluj-Napoca; the only places in the country where the square meter more

17 mai 2024

Quick service restaurant chain Hesburger is opening its first restaurant in Romania in Ramnicu Valcea and plans to open ten in all in its first year in business on this market, having allocated more more

17 mai 2024

Sole Mizo Romania, part of Hungary’s Bonafarm group, posted RON167 million revenue in 2023, down 5% from the previous year, Finance Ministry data show. more

16 mai 2024

Dr. Leahu Dental Clinics, founded by dentist Ionut Leahu 14 years ago, became Regina Maria Dental Clinics after the Regina Maria healthcare network acquired the majority stake a year ago in the more

16 mai 2024

The Finance Ministry has prepared a government decision draft to increase the value of the „Medium Term Notes” program by EUR7 billion from EUR68 billion at the moment to EUR75 billion. more

16 mai 2024

Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more

16 mai 2024

Video game publisher and developer Gameloft Romania has announced the closure of its studio in Cluj, which employs 136 people. The Cluj studio opened in 2010. more

16 mai 2024

BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, posted RON62,000 net profit in the first quarter of 2024, due to diverging developments of two business more

15 mai 2024

Alternative investment fund Lion Capital posted RON11.3 million net profit and RON4.3 billion net assets in the first quarter of 2024, an increase of 30% on the same quarter of 2023, it said in the more

15 mai 2024

Brick manufacturer Cemacon (CEON.RO) ended the first quarter of 2024 with a net loss of RON3.7 million, from a profit of RON12.8 million in the year-ago period, while revenue stood at RON38.7 million, more

15 mai 2024

Alternative investment firm Evergent Investments (EVER.RO) ended the first quarter of 2024 with RON3.2 billion in total assets, an increase of 32% on the year-ago period, and a net result of RON78 more

15 mai 2024

Artsani DIY stores in Prahova County posted total sales of RON149 million in 2023, 15% lower than in 2022, latest data about Artsani Com on the Finance Ministry website show. more

15 mai 2024

The shares of telecommunications operator Digi (DIGI.RO) will be included in the structure of the MSCI Frontier Markets Index, following the revision of the list by the equity index provider. All more

15 mai 2024

Premier Restaurants Romania, the operator of the McDonald’s restaurants in the country, plans to open seven new restaurants in 2024 and continue remodeling and digitalization projects of the more

15 mai 2024

Raiffeisen Bank has decided to go with Visa at its only card partner, which means the bank will be issuing new cards for those who already have Mastercard Raiffeisen Bank cards, its officials more

14 mai 2024

Panoramic Restaurant on the Tampa Mountain in Brasov will reopen next year, after ANA Hotels bought it from Aro Palace in 2022 and said it planned to invest in it. more

14 mai 2024

Construction company CML.RO in Beclean, Bistrita-Nasaud County, owned by entrepreneurs Mihaela and Vasile Ros, posted RON185.7 million (EUR37.6 million) revenue in 2023, up by about 16% on the more

14 mai 2024

AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON105 million consolidated revenue in the first quarter of 2024, slightly down by more