03.07.2023

Discount retailer Penny Romania has received a EUR160 milion cash infusion from its parent company in Germany, which it will use to speed up development, ZF has found. more

02.15.2023

The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central bank data. more

01.06.2023

Online supermarket Sezamo, part of the European Rohlik group, has introduced cash payment for orders placed online. more

01.03.2023

ETI European Food Industries, part of Turkey’s group ETI, in November got a capital infusion of above RON188 million (EUR25 million), in line with Trade Registry data. more

06.21.2022

One United Properties (ONE.RO), a developer of sustainable residential, office and mixed-use projects in Romania, announced a cash position of EUR110 million on May 31, 2022, the company said in a more

01.10.2022

23 cash & carry store chain Selgross hit turnover worth above RON4 billion last year in the wake of a 5% increase against 2020, in line with ZF calculations based on company data. more

11.30.2021

Natural gas producer and supplier Romgaz (SNG.RO), the most valuable state-run company listed on the Bucharest Stock Exchange, had about RON3.4 billion in cash, cash equivalents and other financial more

07.30.2021

Banca Transilvania (TLV.RO) on Friday evening notified the Bucharest Stock Exchange of its plans to distribute cash dividends from 2020 profit and net profit reserves of 2019. more

05.26.2021

German retailer Metro Cash&Carry is expanding its biggest logistics center in Romania, located in Stefanestii de Jos locality, which will exceed 65,000 square meters upon the completion of works. more

03.17.2021

Germany’s Metro no longer wants to open own stores, but is set to rather expand the franchised LaDoiPasi store chain. Currently, the store chain consists of over 1,400 units. more

03.09.2021

The interbank market ended February with cash surplus again and banks that were left with lei on their hands at the end of some days used the overnight deposit facility provided by Romania’s central more

11.25.2020

Expo Market Doraly, one of Romania’s biggest shopping parks specialized in home items and food products, located in the township of Afumati (Ilfov county), will be hosting a new cash&carry store more

11.02.2020

Around one third of Raiffeisen Bank units in Romania, 129 units, will eliminate cash operations starting November, relying on ATMs, multi-functional machines and alternative channels, the bank said more

08.18.2020

Adrian Ariciu will take over the position of Chief Executive Officer (CEO) of Metro Cash & Carry Romania starting October 1, 2020. more

06.16.2020

Rompetrol Downstream, the retail division of KMG International Group in Romania, said Tuesday it has introduced a cash withdrawal service in all its 156 gas stations across the country. more

05.08.2020

One United Properties, the most active developer on the local market with six construction sites open, has sold 30% in One [Floreasca] Tower office building in northern Bucharest to raise cash for more

04.07.2020

Romania's antitrust body said Tuesday it was analyzing the deal whereby BRD Groupe Societe Generale, Raiffeisen Bank Romania and BCR split the ownership of CIT ONE, one of the largest local integrated more

03.19.2020

Romania’s central bank has announced it would ensure uninterrupted cash flows for all operations and said it fully supported all steps taken by banks to assist individuals and companies affected by more

02.25.2020

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11.26.2019

Lenders Banca Comerciala Romana (BCR), BRD Groupe Société Générale and Raiffeisen Bank Romania have signed a deal to split ownership of CIT ONE, one of the largest local integrated services for more

04.16.2019

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01.30.2019

German-held Metro Cash & Carry, which entered Romania more than two decades ago, saw its revenue up 10% to EUR1.08 billion in 2018. This is the highest increase in the past 12 years. more

09.25.2018

Romania’s central bank on Monday gave banks 6.5 billion lei (EUR1.39 billion) in the sixth repurchasing agreement operation this year expected by analysts. The resumption of the repo auctions comes more

04.27.2017

One in three Europeans (34%) would go completely cash-free, while 38% of Romanians would do the same if given the option, according to ING International Survey - Mobile Banking 2017 Cashless Society. more

10.12.2016

Metro Cash & Carry Romania ended the first half with a little more than 2 billion lei (EUR446 million) revenue, up 2.3% compared with the year-ago period. This is the highest growth of the company in more