01.31.2022

The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly driven an more

01.26.2022

Capital city of Bucharest registered 14,004 jobless people (of whom 7,436 women) at the end of December 2021, taking the unemployment rate to 1.14%, data from the Bucharest Municipal Employment Agency more

01.24.2022

Wellness and relaxation complex Therme Bucharest plans to invest another EUR50 million in the next five years in expansion and new facilities. more

01.19.2022

The cumulative value of transactions with all types of financial instruments on the Regulated Market of the Bucharest Stock Exchange (BVB) exceeded, for the first time, the threshold of RON20 billion, more

01.12.2022

Major logistics players are readying to deliver 600,000 square meters of new warehouses in 2022, with the overall volume set to climb above 6 million square meters of modern warehouses for the first more

01.11.2022

The Gucci boutique in Bucharest, operated as a franchise by the Calagiu family of local entrepreneurs, has put up the shutters, which means the luxury brand's exit from the Romanian market after more more

01.05.2022

Real estate developer Hagag Development Europe established the company Hagag Privighetorilor 35 at end-2021, per data released on Friday (Dec 31, 2021), and is looking at buying a plot of land of over more

12.31.2021

The Bucharest Stock Exchange ended 2021 with a 33.2% return, with BET main index for the first time crossing the psychological 13,000-point threshold toward the end of the year. Dividends included, more

12.27.2021

Capital city of Bucharest registered 14,080 jobless people (of whom 7,497 women) at the end of November 2021, taking the unemployment rate to 1.15%, data from the Bucharest Municipal Employment Agency more

12.13.2021

The total trading value on the Regulated Market of the Bucharest Stock Exchange (BVB) grew by 21.6% in the first eleven months to RON17.4 billion (EUR3.5 billion), while the average daily trading more

12.08.2021

French dairy producer Danone has invested EUR4 million in a new packaging line at its plant in capital city Bucharest, whereby it changes the Tetra Pak packages for the drinkable yogurts of the Danone more

12.06.2021

Romanian IT company AROBS Transilvania Software has debuted on the AeRO market of the Bucharest Stock Exchange (BVB) and its shares are traded under the ticker symbol AROBS. more

12.02.2021

The ten most active brokers on the Bucharest Stock Exchange intermediated cumulated deals worth RON34.89 billion in January-November 2021, jointly holding a 92.6% market share, per calculations by more

11.29.2021

Aquila Part Prod, the largest player on the consumer goods distribution market with over 26 years of experience, has started trading its shares on the Main Market of the Bucharest Stock Exchange under more

11.29.2021

The Bucharest Stock Exchange on Monday said the bonds issued by Libra Internet Bank worth EUR40 million would start trading on the Main Market on Friday (December 3), under the ticker LIBRA28E. more

11.22.2021

Ioan Maties, boasting a 25-year experience in the hospitality industry, was appointed to the position of general manager of JW Marriott Bucharest Grand Hotel, starting October 15, 2021. more

11.17.2021

LSEG (London Stock Exchange Group) Romania on Wednesday said it would expand its local team with 100 new roles for specialists in a wide range of technologies and data services that serve the three more

11.16.2021

The Estee Lauder Companies (ELC) is set to open a digital center in Bucharest in the coming period as Estee Lauder group banks on IT department expansion. more

11.15.2021

The companies listed on the Bucharest Stock Exchange accessed funding worth over EUR1.5 billion in the first ten months of 2021 through the local stock market, with 25 bond issues, nine new government more

11.11.2021

The Bucharest Stock Exchange said in its financial report on Thursday that its net profit stood at RON5.53 million in the first nine months of 2021, down 37% from RON8.76 million in the year-earlier more

11.11.2021

Around 280,000 square meters of offices are under construction in capital Bucharest, an area fit for around 18,000 corporate employees taking into account a 15-square meter average per employee, more

11.10.2021

The unemployment rate in capital Bucharest stood at 1.17% at end-September 2021, lower by 0.85 percentage points compared with 1.18% in August 2021, data from Bucharest’s employment agency showed more

11.04.2021

Teilor Holding, the group of companies including luxury jewelry chain Teilor, Teilor Invest Exchange and Invest Intermed GF IFN, plans to carry out by yearend a private corporate bond placement on the more

11.02.2021

Genesis College took over the nursery franchise Kipina Kids in 2021, an education model using Finnish pedagogy. Genesis College founder Ioana Necula said the first nursery following this model would more

11.02.2021

Modern retail stores in Bucharest generated sales of RON16.6 billion to RON18 billion or 22% to 24% of the total sales of the ten international networks in the country last year, ZF has found from the more