3 sep 2024

The first Swissotel Hotel in Romania has opened in Poiana Brasov, its officials announced on LinkedIn. The hotel should have opened this spring, but work has only been completed recently. However, more

2 sep 2024

Türkiye’s Tosmur Group, which owns the starch plant in Medgidia inaugurated in 2022, has reached 39% progress in implementing the doubling of the production capacity, a EUR75 million investment, more

2 sep 2024

Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the real estate platform of OLX, show. more

2 sep 2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an increase of more

30 aug 2024

Entrepreneurial company Agroland Business System (AG.RO) plans to raise funds from investors through a bond issue of up to RON15 million at a coupon rate of 9.75% per annum for four years (48 months), more

30 aug 2024

Pharmaceutical producer Zentiva (SCD.RO), 96% held by Zentiva Prague and thus not much traded on the Bucharest Stock Exchange, doubled its net profit in the first half of 2024 to around RON143 more

30 aug 2024

Entrepreneurial company Arobs Transilvania Software (AROBS.RO), the largest issuer in the IT sector listed on the Bucharest Stock Exchange, ended the first half of 2024 with a net profit of RON 10.8 more

30 aug 2024

Transport Trade Services (TTS.RO), a freight carrier on the Danube, posted RON298.7 million revenue in the first half of the year, down 32.1% compared with the same period of 2023, while net profit more

30 aug 2024

Cable manufacturer Romcab Targu Mures (MCAB.RO) ended the first half of 2024 with a loss of RON61.4 million, up from the RON16.7 million loss of the year-ago period. more

30 aug 2024

Mobility network Autonom Services, held by brothers Marius and Dan Stefan, ended the first half of 2024 with a net profit of RON18.8 million, up 53% from the first half of last year. more

30 aug 2024

IAR Brasov (IARV.RO), which manufactures and repairs spare parts for helicopters, recorded a net profit of RON20.2 million in the first half of 2024, 55.5% below the level in the year-ago period. more

30 aug 2024

Romania’s National Defense Ministry this week launched the bill needed in order to buy fifth generation F-35 fighter jets as proposed by US’ Lockheed Martin. According to official information, more

29 aug 2024

Local company TOP TECH, a business solutions integrator, posted a loss of more than RON1.6 million (EUR334,000) at the end of 2023, from a profit of RON573,644 (more than EUR115,000) in 2022, Finance more

29 aug 2024

Aquila Part Prod Com (AQ.RO), an entrepreneurial fast-moving distribution and logistics company, on Thursday evening notified the Bucharest Stock Exchange that the privately managed pension fund more

29 aug 2024

The board of directors of franchise operator Sphera Franchise Group (SFG.RO) has called shareholders for an ordinary general meeting on October 7 to vote on the distribution of a special dividend of more

29 aug 2024

E.ON Energie Romania has installed more than 3,500 photovoltaic systems at residential customers in the first eight months of 2024, eight times more than in the year-ago period. more

29 aug 2024

Park Properties, the developer of SunLake Residence, located on the shores of Lake Fundeni in Bucharest has successfully finalized the sale of all apartments in the first two 12-story buildings of the more

28 aug 2024

Timisoara-based lighting fixture and system manufacture Elba, a supplier of automotive lights for such groups as Dacia-Renault and Skoda, posted RON301.9 million (EUR61 million) revenue in 2023, an more

28 aug 2024

Systematic Development Center, a private IT company based in Denmark that develops software and solutions for various customers, including for NATO militaries, intelligence services and the healthcare more

28 aug 2024

The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among others on the extension of a EUR40 million loan facility. more

28 aug 2024

Allianz-Tiriac Asigurari ended the first half of 2024 with gross written premiums of more than RON1.8 billion, 7.1% higher than in the year-ago period. Life insurance saw the fastest growth pace in more

27 aug 2024

Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first half of more

27 aug 2024

IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it already has two, says Jesper Brodin, CEO of Ingka more

27 aug 2024

Miele Tehnica Brasov, the subsidiary of Germany’s Miele Group, has leased a 2,000 square meter shed from VGP Brasov to expand its manufacturing area and will use the space to assemble drives and more

27 aug 2024

Froo Romania Retail, a company of Poland’s Żabka Group, has opened its 20th franchised store in Romania, on the Iuliu Maniu Boulevard in Bucharest. This is its largest store in the country. more