10 iul 2024

National grid company Transelectrica (TEL.RO) is calling shareholders for an extraordinary general meeting on August 12 to approve the acquisition of a stake in a new company, it said in notice sent more

10 iul 2024

France-based Believe, one of the leading digital music companies in the world, has bought 25% in Global Records, established by Stefan Lucian in 2008. more

10 iul 2024

State-run natural gas producer and supplier Romgaz (SNG.RO) has modified a gas sale-purchase contract with Engie Romania, the largest natural gas distributor in Romania, as a result of the decline in more

9 iul 2024

ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, posted RON694.1 million revenue in 2023, an increase more

9 iul 2024

Pharmaceutical wholesale in Romania has a new leader by revenue, after Mediplus posted RON6.9 billion revenue in 2023, RON34 million more than the second leading actor, Fildas Trading, held by more

8 iul 2024

Czech-held company Partners Financial Services (PFS) is entering Romania by buying a 32.89% stake in Transilvania Broker de Asigurari (TBK.RO), one of the largest insurance brokers on the local more

8 iul 2024

More than 77,200 houses and apartments were sold in Romania in the first six months of 2024, an increase of 16%, while the increase in Bucharest was 25%, real estate consultant SVN Romania said in a more

8 iul 2024

Romania’s statistics board INS upwardly revised the country’s economic growth for the first quarter of 2024 against the same quarter of 2023 to 0.5% from 0.1% estimated in the May report. more

8 iul 2024

Cheile Gradistei tourism and sports complex ended 2023 with RON54 million revenue, Finance Ministry data show, its highest ever. more

8 iul 2024

Germany’s BWM Group bought about EUR2.3 billion worth of parts – steering wheels, tires and loading systems, from direct suppliers in Romania last year, which, together with the rising sales of more

8 iul 2024

The net assets of the 248 open-end and closed-end mutual funds, both local and foreign, available in Romania, increased by 3.3% to RON44.6 billion in May and by 12.2% since the beginning of the year. more

8 iul 2024

Maspex Romania, a producer of beverages, snacks and foods, part of Poland’s Maspex, has budgeted 7% growth in revenue this year, after having posted 12% growth to RON1.153 billion in 2023. more

5 iul 2024

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, on Friday notified the Bucharest Stock Exchange that its main shareholders, Login Gabriel and Niculae Dan, more

5 iul 2024

Germany’s BMW Group expects its new IT and software it opened in Cluj-Napoca together with Japan’s NTT Data Group to reach 1,000 employees in a few years from the current 120 at the moment, as a more

5 iul 2024

Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry data show. more

4 iul 2024

Aripi, BCR Pensii, BRD Pensii and Metropolitan Life Pensii Private are the Pillar II private pension funds that sold about 3.4 million Banca Transilvania (TLV.RO) shares in May, as their investment in more

4 iul 2024

Belgium’s Bekaert has signed an agreement to buy 100 GWh worth of wind power from Romania with electricity generation company Rezolv Energy, held by UK investment firm Actis. more

3 iul 2024

Video game development industry in Romania has been dominated by multinationals for many years, as the top actors are still Electronic Arts (US), Ubisoft (France) and Gameloft (France), but two more

3 iul 2024

Promateris (PPL.RO), a leading Romanian industrial group that manufacturers biodegradable and compostable packaging, has proven that accessing Norwegian funds can turn an innovative idea into a more

3 iul 2024

Rondocarton, part of Austria’s Rondo Ganahl group, one of the largest corrugated cardboard manufacturers, which operates three plants in Romania, ended last year with RON606 million revenue, more

2 iul 2024

Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an increase of more

1 iul 2024

Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last more

1 iul 2024

Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show. more

1 iul 2024

Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the more

1 iul 2024

The shareholders of natural gas producer and supplier Romgaz (SNG.RO) on Monday approved among other things a EUR1.5 billion note issuance program, of which EUR500 million an inaugural issue prepared more