1 oct 2026

CEC Bank in the first half of this year generated RON418.4 million net profit at bank level, up 37.6%. more

23 iun 2026

Poultry producer Transavia, one of the biggest players on this market, is set to open a pet food plant built from scratch in the wake of an EUR200 million investment. more

26 ian 2026

Continental Tires group has started developing a regional services center for EMEA in Timisoara for IT, HR, procurement and other activities that will have 150 new employees, announced Serban more

24 nov 2025

Despite the challenging context, data in the Top 100 most valuable companies in Romania 2025 show this year is the best for the local business environment, with a record high number of unicorns and more

16 sep 2025

Bucharest Stock Exchange representatives, high-ranking officials of the Republic of Moldova and heads of banks and companies of the Republic of Moldova yesterday signed a memorandum via which a new more

14 aug 2025

The average net salary in Romania reached RON5,539 in June 2025, up 0.6% from the previous month and 7% from June 2024, in line with statistics board (INS) data. more

25 iun 2025

German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal. more

3 feb 2025

Generali, Italy’s largest insurer and one of Europe’s top three, is closely monitoring any opportunity of growing Romania operations via acquisitions, but for the time being no such possibility is more

16 sep 2024

After acquiring two hotels abroad, more exactly Grand Hotel Gardone of Italy and Waldhaus Flims Wellness Resort of Switzerland, Paval Holding is also looking at the local market to invest in the hotel more

14 feb 2024

The European Investment Fund (EIF) has so far granted financing worth EUR125 million and by December 31, 2025 has available the rest up to the EUR400 million it set off with, Roger Havenith, the more

26 ian 2024

Constructii Erbasu, a company owned by entrepreneur Cristian Erbasu, in 2023 earmarked around EUR12 million for investments, with part of the money being aimed at production expansion and another one more

2 nov 2023

“My biggest dream is for us to be present with Alexandrion Group products in every country of the world and I know I will accomplish it. We already sell our products in more than 50 countries”. more

9 oct 2023

Anglo-Dutch group Unilever has announced it will close, by end-2024, the powder detergent plant of Ploiesti, where it manufactured Romanian brand Dero, with the activity set to be relocated. more

26 iul 2023

UAE’s Al Dahra is wooing businessman Ioan Popa for a potential acquisition of Transavia after China’s Smithfield withdrew from the process, according to several market sources. more

13 iul 2023

Investment giants with assets of thousand billion dollars such as US fund BlackRock, Goldman Sachs, one of the biggest investment banks in the US, and the sovereign wealth fund of Singapore, each more

14 oct 2022

The private group Monza, controlled by Italy’s Policlinico di Monza, which has been operating the largest private cardiology hospital in Romania for over a decade, is to sell the hospital it more

14 sep 2022

Autonom Services, a mobility network controlled by brothers Marius and Dan Stefan, expects to reach EUR100 million turnover by yearend and for 2023 projects two-digit growth. more

1 sep 2022

Chimcomplex, Romania’s largest chemical plant, has several investment projects for its “green” transformation. Its total 2022 investment budget stands at RON590.6 million. more

7 iul 2022

One of the most powerful investment bankers in Romania, Doru Lionachescu, currently president of BT Capital Partners board, has teamed up with the founders of One United, Victor Capitanu and Andrei more

7 sep 2021

BMW’s EUR1 billion investment in a plant in Debrecen, Hungary, will attract new investments in automotive component manufacturing in Romania, as well. The first two such investments went to plants more

26 iul 2019

Charles de Gaulle Plaza office building in Piata Aviatorilor in Bucharest, held by Germany’s GLL Real Estate, is up for sale, real estate market sources say. GLL Real Estate is part of Australian more

16 apr 2019

Austria’s Raiffeisen group has renewed Steven van Groningen term in office as president and CEO of Raiffeisen Bank Romania until 2023. Steven van Groningen, 60, has been running Raiffeisen Bank more

22 mar 2019

Romanian private capital companies saw 6.7% profitability in 2017, calculated as a ratio of their net profit and revenue, reveals the 4th edition of „Capitalul privat romanesc” (Romanian private more

20 dec 2018

The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell into more

9 nov 2018

The state-run energy sector crown jewels are now assessing their reserves as the government wants additional dividends from them. Meanwhile they could see their investment budgets hurt, while stock more