19 feb 2024

KIWI Finance, one of the most important players in the loan brokerage market in Romania, ended 2023 with a volume of intermediated loans of over RON1.7 billion (EUR350 million), more than 90% of which more

19 feb 2024

AROBS Transilvania Software (AROBS.RO) shares will be included in the FTSE Russell emerging markets indexes as of March 18, 2024. more

19 feb 2024

Romania’s economic growth will reach 2% to 2.5% in 2024, most chartered financial analysts at the CFA Forecast Dinner organized by the CFA association agreed. more

19 feb 2024

Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of a photovoltaic power project, with a nameplate more

19 feb 2024

Philipp Gamauf will take the position of chief financial officer (CFO) of ING Bank Romania as of March 1, at which time he will also become a member of the bank's Executive Committee, the bank more

1 feb 2024

Romanian tea producer Kalpo, which has been selling teas made in Buzau under the Vedda brand for more than three decades, posted 8% increase in revenue in 2023 compared with the previous year. more

1 feb 2024

Real estate developer ONE has bought some real estate assets of Romaero from Hidroelectrica, where it will develop a project, called ONE Baneasa AirPark, which will include offices and hangars near more

1 feb 2024

France’s Société Générale Group is looking into the opportunity of selling BRD, the third largest bank in Romania and hired JP Morgan to handle it, banking market sources say. more

31 ian 2024

PET flakes plant Professional Recycle in Targu-Mures will triple its production capacity this year, following an investment of EUR20 million euros, its officials say. more

31 ian 2024

Travel agency Aerotravel, one of the largest in Romania, ended last year with gross sales of RON180 million, an increase of 28% on the previous year, its officials say. more

31 ian 2024

Piping Logistics, a Belgian manufacturer of components for ventilation systems, will start production in a factory it operates near Timisoara in the first part of February. The opening was originally more

31 ian 2024

Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), on Wednesday announced it had filed for insolvency with the Bucharest Court of Law, expressing intent to more

30 ian 2024

Flanco, the second largest actor in Romanian computer and electronics retail, achieved record sales of RON1.275 billion last year, 20% higher than in 2022. more

30 ian 2024

Skatepark and playground builder Sport Play Systems in Turda, Cluj County, held by local entrepreneurs Adrian Silagyi and Mihai Balas, ended 2023 with RON30.3 million (EUR6.1 million) revenue. more

30 ian 2024

State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential increase of more

29 ian 2024

Boglar Champ, which cultivates mushrooms in the village of Nusfalau, Salaj County, ended last year with RON134 million (EUR27 million) revenue, up 20% on the previous year, and estimates a more

29 ian 2024

Airline Fly Lili, controlled by German businessman Jürgen Andreas Faff, will start operating flights from the Brasov-Ghimbav International Airport in June 2024. more

29 ian 2024

Building materials manufacturer TeraPlast Group aims to expand its European presence in 2024, which is why, after the acquisition of Palplast in the Republic of Moldova at the end of last year, it is more

29 ian 2024

On Monday, January 29, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON84.2 million was registered in the Bucharest Stock Exchange system at 2:42 more

26 ian 2024

Electrical power producer Hidroelectrica (H2O.RO), the most profitable state-owned company in Romania, included a preliminary net profit of RON6.02 billion for 2023 in its 2024 spending and revenue more

26 ian 2024

Luca Militello, the CEO of the privately owned Monza health group, along with his wife and other partners, is betting EUR500,000 on expanding the Sciccheria brand of Italian restaurants by opening a more

26 ian 2024

Specialty café chain Boiler has reached seven stores in Bucharest after the company opened a new one in the Casa Presei Libere area, a café-bistro in which it invested EUR380,000. more

26 ian 2024

Bankrupt wire factory Dan Steel Group Beclean, one of the most important companies in the Romanian metallurgical industry, has been sold in a public auction for EUR7.5 million euros to Intertranscom more

26 ian 2024

Danube freight carrier Transport Trade Services (TTS.RO) notified investors on Friday about a shareholder exceeding the 5% stake threshold. That shareholder is Metropolitan Life Pensii Private, one of more

25 ian 2024

“Avram Iancu” International Airport in Cluj, Romania’s second largest, ended last year with 3.24 million passenger traffic, an increase of 23% year-on-year and three times the level of ten years more