11.07.2022

Romania’s largest online retailer eMAG expects sales to reach RON639 million on this year’s Black Friday, which is set for November 11 and intended to be its biggest ever. The company actually more

11.01.2022

Online payment processor PayU estimates that during this year’s edition of Black Friday, set for November 11, products and services worth around RON510 million will be acquired and paid for online more

10.19.2022

Romanian natural gas producer and supplier ROMGAZ (SNG.RO) on Wednesday (Oct 19) concluded a Memorandum of Understanding with SOCAR, the state-run oil company of the Republic of Azerbaijan, which sets more

10.07.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Friday announced the completion of the procedures to change the name of ExxonMobil Exploration and Production Romania Limited to ROMGAZ more

06.28.2022

The European Investment Bank (EIB) on Tuesday announced a EUR97 million co-financing to support the resilience of Romanian Black Sea coast to erosion and floods. more

06.15.2022

Black Sea Oil & Gas SA (BSOG) together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia on Wednesday announced that production has started from the Midia Gas Development more

04.15.2022

After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to the more

03.30.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) said on Wednesday that it signed a bank loan agreement with Raiffeisen Bank in the amount of EUR325 million which covers a part of the price more

01.18.2022

Romania exported 4 million tons of wheat of the 2021 harvest, namely over 35%, by late December 2021, thus ranking first among wheat exporters in the Black Sea area and in the EU, according to Cezar more

11.25.2021

The Black Sea Trade and Development Bank (BSTDB) received an upgrade of its long- and short-term issuer credit ratings from the S&P Global Ratings to 'A/A-1' from 'A-/A-2', with Stable Outlook. more

11.09.2021

Online payment processor PayU expects products and services worth nearly RON500 million to be bought and paid online at 2021 Black Friday campaign, which starts on November 12. more

11.09.2021

eMAG, the leading online retailer in Romania and one of the largest in the region, expects Black Friday sales to reach RON615 million this year, 5% more than in 2020 and expects 6 out of 10 customers more

10.06.2021

Romanian investment fund Black Sea Fund, focused on deals with small and medium-sized enterprises in Romania, with a capital of over EUR43 million, has appointed Iulian Portasa, as Partner. more

09.30.2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) said in a stock market report Thursday that it initiated a non-binding process in order to obtain offers for financing in the amount of RON1.6 more

09.08.2021

Romanian investment fund Black Sea Fund, focused on deals with small and medium-sized companies, announced it took over a 70% stake in D-Toys, Romania’s most important children’s puzzle and game more

05.12.2021

If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be more

05.06.2021

The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. more

03.25.2021

Romanian investment fund Black Sea Fund, which targets SMEs, said Thursday it seeks to invest EUR15-20 million this year in three or four deals, two of which are currently in advanced talks. more

02.16.2021

One United Properties, a real estate developer held by Victor Capitanu and Andrei Diaconescu, has obtained financing of EUR50 million from the Black Sea Trade and Development Bank (BSTDB), which will more

01.18.2021

OMV Petrom, the largest energy company in Southeastern Europe, initiated a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. The first drilling operations more

12.08.2020

Investment fund Black Sea Fund I is acquiring the majority stake in oral radiology and dentistry techniques clinics DigiRay. more

10.15.2020

Online retailer evoMAG, held by entrepreneur Mihai Patrascu, expects a nearly 20% increase in sales at this year’s Black Friday sales campaign, compared with 2019, and it decided to increase stocks more

06.22.2020

Investment fund Black Sea Fund I, launched at the end of 2018 with over EUR43 million at its disposal for investments, said Monday it bought “a significant share” of interior decorating and custom more

03.25.2020

The Black Sea Trade and Development Bank said in a statement it intends to refocus its financing of approximately EUR900 million, planned for new operations in 2020, to assist the sectors and more

02.18.2020

Black Sea Oil & Gas, owned by Carlyle International Energy Partners and EBRD, expects its first gas extractions from the Midia offshore development in the first quarter of 2021, CEO Mark Beacom said more