22 aug 2024

Purcari Wineries Public Company Limited (WINE.RO) on Thursday announced its Romanian subsidiary, Crama Ceptura, had performed a strategic asset acquisition in the Dealu Mare DOC. more

22 aug 2024

Vegetable oil producer Argus Constanta (UARG.RO), 91.4% held by Infinity Capital, notified the Bucharest Stock Exchange on Thursday evening of having si9gned a RON67 million loan agreement with Banca more

22 aug 2024

The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and expects more

21 aug 2024

The manufacturer of plastic parts and subassemblies for the automotive industry Oechsler Romania, the local subsidiary of the German group Oechsler, posted RON158.2 million (about EUR32 million) more

21 aug 2024

Antibiotice Iasi (ATB.RO), the largest Romanian-held drug producer, posted RON150 million revenue from exports in the first half of 2024, an increase of 25% on the year-ago period. more

21 aug 2024

Romanian-held airline AnimaWings announces the launch of a regular route between Bucharest and Dubai starting December 27, 2024, with a frequency of two flights a week. more

21 aug 2024

Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European Bank for more

20 aug 2024

HELL Energy, one of the biggest players in the energy drinks market, posted RON358.3 million (EUR72.4 million) revenue in 2023, up 12.4% from the RON318.7 million (EUR64.6 million) of 2022, according more

20 aug 2024

Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from the RON1.59 billion in the first half of 2023, while more

20 aug 2024

Cluj-Napoca-based start-up SocialBee, which developed an AI platform for managing social media accounts, has been acquired by Luxembourg’s WebPros Group, a player specialized in providing web more

20 aug 2024

TAROM continues implementation of its restructuring plan and one of the goals is the sale of the take-off and landing slots on the Heathrow Airport in London to Qatar Airways, a step necessary to more

20 aug 2024

Romania’s central bank expects the inflation to go down to 4% in December 2024 and 3.4% in the last month of 2025, a better outlook than in the previous forecast, particularly for the end of 2024, more

19 aug 2024

Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON223.6 million (EUR45.2 million) revenue in 2023, up 27% from the previous year’s about RON176 million (EUR35.6 more

19 aug 2024

One Pillar II pension fund, Metropolitan Life Pensii Private, bought 35% of the MedLife (M.RO) shares traded on the Bucharest Stock Exchange in June 2024, data aggregated by ZF show. more

19 aug 2024

Romania's Finance Ministry raised RON682 million from banks on Monday (August 19), selling government paper at an annual average yield of 6.55%. more

19 aug 2024

Sipex Company (SPX.RO), a distributor of construction supplies, with 27 years in business, on Monday announced having ended the first half of 2024 with RON158 million revenue, an increase of about 9% more

14 aug 2024

The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania. more

14 aug 2024

The MirageMedSpa and MirageBeach Spa hotels in Eforie Nord, controlled by the Briza Marii Negre company, operated at 85% occupancy rate in July, which their officials estimate will reach 90% in more

14 aug 2024

Rompetrol Well Services S.A. (PTR.RO), one of the most important wellbore special services companies in Romania, announced it made RON4.13 million net profit in the first half of 2024, 36% lower than more

14 aug 2024

Alternative investment fund Evergent Investments (EVER.RO) recorded a net profit of RON250 million in the first half of 2024, 2.6 times higher than the budgeted level for the full year 2024. more

14 aug 2024

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia refinery, posted $2.1 billion revenue in the first half of 2024, down from the $2.7 billion in the year-ago period, while losses widened to more

14 aug 2024

Bucur Obor (BUCU.RO company, which manages the shopping center by the same name in Bucharest, made RON7.7 million net profit in the first half of 2024, an increase of 1.63% on the year-ago period, more

14 aug 2024

Infinity Capital Investments (INFINITY.RO), one of the five financial investment companies listed on the Bucharest Stock Exchange, posted RON104.7 million net profit in the first half of 2024 compared more

14 aug 2024

Romania’s Competition Council says there are a number of competition-related concerns about the deal whereby Delhaize “The Lion” Nederland B.V. (Mega Image) is buying Profi Rom Food SRL. more

13 aug 2024

Softlead, a marketplace-type platform that helps companies choose the right software solution, has signed a partnership with Network One Distribution (NOD), the largest actor on the local IT&C more