30 apr 2024

ROCA Management, the manager of private equity company ROCA Investments, has become a member of the Romanian Fund Managers Association (AAF), which numbers 28 investment management companies (SAI) and more

30 apr 2024

Baneasa Developments, the company that manages the Baneasa Shopping City mall in the northern part of Bucharest, has reached a record profit margin of more than 60% after ending 2023 with a RON170.7 more

29 apr 2024

Teilor Holding SA, a group of companies that includes the Teilor luxury jewelry chain, the non-bank financial company Invest Intermed GF IFN, Invest Intermed Gold, a company that sells gold jewelry, more

29 apr 2024

Meta Estate Trust, (MET.RO), a holding company in the real estate sector, has secured shareholder approval for distributing the 2023 profits as bonus shares to investors through a capital increase of more

29 apr 2024

Orange, the telecom market leader in Romania, has announced appointment of Carl Al Khawand chief financial officer (CFO) of the Orange Romania Group, as of July 1, 2024. He will take over from Adela more

29 apr 2024

The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The measure more

26 apr 2024

Aquila Part Prod (AQ.RO), an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, has finalized the acquisition of 100% in Parmafood Trading SRL and more

26 apr 2024

Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on more

26 apr 2024

The market for payroll and human capital management solutions in Romania is going digital fast, creating significant growth potential for Romanian Software - the industry leader - in the coming years. more

25 apr 2024

Real estate developer One United Properties (ONE.RO) has notified the stock market about the decision of its shareholders to approve a corporate bond program of up to EUR300 million to streamline more

25 apr 2024

Autotehnorom, a construction company in Suceava owned by the Ripan family, posted about RON200.9 million (EUR40.6 million) revenue in 2023, down 25.5% from the previous year’s RON270 million more

25 apr 2024

Radisson Blu Hotel Bucharest will open the NAMI Beach Club & More relaxation center in June, following a EUR1 million refurbishment process. more

25 apr 2024

Romania's Finance Ministry raised RON1.39 billion from banks on Thursday (April 25), selling government paper in two auctions, at annual average yields of 6.24% and 6.82%, respectively. more

25 apr 2024

CEE startup nPloy, which developed an online job ad platform and launched in Romania early in 2023, has expanded its job ad offering with work-from-anywhere remote jobs in the tech industry, the more

24 apr 2024

The Bucharest Stock Exchange (BVB.RO), the operator of the capital market in Romania, announced that during the April 24 meeting its shareholders approved distribution of RON12.5 million dividends more

24 apr 2024

Dutch-Belgian Ahold Delhaize Group, owner of the Mega-Image store chain in Romania, has announced the opening of a technology center in Bucharest that will employ around 250 specialists over the next more

24 apr 2024

Romanian banks registered above average income growth versus European peers in 2023, but they still need to catch-up (even with some CEE peers) in productivity metrics like profit per customer or more

24 apr 2024

Dent Estet, an actor on the Romanian dental clinic market, has invested over EUR12 million in medical infrastructure since 2016, reaching 18 clinics in the largest cities in the country. more

24 apr 2024

Romanian restaurant chain Spartan posted EUR48 million revenue in 2023 and plans to expand with up to 50 locations in the near future, even abroad. more

24 apr 2024

Private lending in Romania went up 4.7% to RON387 billion in March 2024 compared with March 2023, central bank data showed on Wednesday (April 24, 2024). more

23 apr 2024

The Cluj-based cosmetics manufacturer Farmec ended 2023 with about 20% growth in revenue to RON358 million (more than EUR71 million), after entering new market segments, expanding its retail chain and more

23 apr 2024

Santierul Naval Orsova (Orsova Shipyard – SNO.RO) on Tuesday notified capital market investors about having signed an external contract to build and deliver two river vessels, whose buyer is more

23 apr 2024

Private equity company ROCA Investments announces a current valuation before dividend distribution of EUR81.64 million for 2023, up from the EUR78.1 million a year ago. ROCA Investments’ equity more

23 apr 2024

Real estate developer Hagag Development has appointed Ana-Maria Nemtanu, who has 17 years of experience in the local real estate industry, director of leasing, a position from which she will be more

23 apr 2024

Demand for land considered strategic and available at lower prices than in a very active market is on the rise in Romania, and the trend is drawing the attention of major developers looking to cement more