21 nov 2024

Damen Galati shipyard, controlled by The Netherland’s Damen, has signed a EUR25 million financing agreement with Exim Banca Romaneasca and plans to use the money for investments in expansion and in more

21 nov 2024

Entrepreneur and travel consultant Razvan Pascu has announced the sale of his stake in Dutch company Flight Claim for EUR1.3 million. more

21 nov 2024

Retailer dm drogerie markt Romania ended fiscal 2023-2024 on September 30 with RON1.77 billion revenue, an increase of 35.35% on the previous year. more

20 nov 2024

AETA Curtea de Arges (ELGS.RO), formerly Electroarges, ended the first nine months of 2024 with a loss of RON8.1 million, compared with a loss of RON8 million in the same period of 2023, while more

20 nov 2024

A RON750 million bond issue of UniCredit Bank, part of Italy’s UniCredit Group, was registered with the Bucharest Stock Exchange on Wednesday, November 20. The issue (UCB29) is due in 2029. more

20 nov 2024

TeraPlast (TRP.RO), the largest polymer processor in Southeast Europe, has notified shareholders and investors of having closed the acquisition of Optiplast d.o.o, following shareholder approval on more

20 nov 2024

Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to license the GridStar® Flow technology for the production more

20 nov 2024

Amazon is closing its Machine Learning department in Romania, a decision that will affect 400 employees, says marketing, management and business consultant Doru Supeala, citing an official statement more

19 nov 2024

Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023, down slightly from the previous year’s RON435.2 more

19 nov 2024

tbi bank, which operates on several markets including Romania, ended the first nine months of 2024 with EUR38 million net profit, 34% higher than in the year-ago period, and operating income of EUR186 more

18 nov 2024

Terveystalo Group, the largest private healthcare provider in Finland, is in talks to buy Regina Maria from buyout investor Mid Europa Partners, in a deal put at EUR1 billion to EUR1.2 billion, market more

18 nov 2024

The shareholders of real estate developer NUSCO at the beginning of this month approved the first project to raise funding via the capital market in Romania and the start of the relationship with the more

15 nov 2024

EnergoNuclear, a Nuclearelectrica fully owned subsidiary, and FCSA Joint Venture comprised of Fluor B.V., Fluor Energy Transition Inc. Wilmington Sucursala Bucuresti, Candu Energy Inc., (an more

15 nov 2024

Fondul Proprietatea (FP.RO) ended the first nine months of 2024 with RON209.6 million net profit, compared with a loss of RON968.9 million in the year-ago period. Gross dividend income stood at more

15 nov 2024

Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level. more

15 nov 2024

THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago period more

15 nov 2024

The European Commission has slashed its real GDP growth forecast for Romania to 1.4% in 2024 from the 3.3% estimated in the spring, the EC said on Friday (November 15). more

15 nov 2024

Moody's Ratings has today affirmed the Baa2 long- and short-term deposit ratings and the Baa3 long- and short-term issuer ratings of Banca Transilvania S.A. (TLV.RO). The outlook on the long-term more

15 nov 2024

Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said in a more

15 nov 2024

Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, ended the first nine months of 2024 with a net profit of RON3.5 billion, more

14 nov 2024

AROBS Transilvania Software (AROBS), the largest technology company listed on the Bucharest Stock Exchange, posted consolidated revenue of RON306.2 million in the first nine months of 2024, down 5% more

14 nov 2024

Biodegradable and compostable packaging manufacturer Promateris (PPL.RO) posted a net profit of RON649,000 in the first nine months of 2024, up from a loss of RON4.4 million in the same period of more

14 nov 2024

Premier Energy (PE.RO), one of Romania's largest natural gas suppliers, posted EUR815.8 million (RON4 billion) revenue in the first nine months of 2024, up 25% from the same period a year earlier, and more

14 nov 2024

Pre-cast concrete part manufacturer Prefab Bucuresti (PREH.RO), controlled by entrepreneur Petre-Marian Milut through Romerica International, posted RON67 million revenue in the first nine months of more

14 nov 2024

Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, has leased 4,580 square meters of warehouse space in the VGP Park Timisoara logistics more