06.12.2024

Poland’s Zabka Group, which has more than 10,000 stores on its home market, has recently opened its first stores in Romania and plans to expand fast. It has five stores already open in the country more

05.29.2024

Raiffeisen Bank will be inaugurating Raiffeisen Tech, the new finance and banking tech and software development center in Romania, on July 1, 2024, the parent group informed in a release on Wednesday more

05.23.2024

The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) has completed the subscription process for the Bank’s second capital increase during a special meeting held in Ankara, more

05.09.2024

Real estate developer Hagag Development Europe, controlled by businessman Yitzhak Hagag, has acquired housing project Obor Est Residence, located in eastern Bucharest, on the platform of former more

04.29.2024

Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian more

04.25.2024

The deadlock in the Romanian IT market, characterized by layoffs, project suspensions, and the current political-economic context could end this year, OVES Enterprise, a Romanian software development more

04.10.2024

Betfair Romania Development, the software development and shared services center in Cluj-Napoca of the Flutter Entertainment Group- an Irish provider of solutions for the gaming and sports betting more

03.29.2024

Premier Energy, the third leading household supplier of natural gas in Romania, held by Czech investment company Emma Capital, will focus on integrating the recently acquired CEZ Vanzare on short term more

03.28.2024

Amazon Development Center, the development center US giant Amazon in Romania, reported net loss of RON52.5 million for 2023, sixfold higher than RON8.22 million reported for 2022. more

03.11.2024

CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has announced the appointment of Andrei Brînzea to the position of more

03.05.2024

AFI Europe has appointed Luciana Giurea, former General Manager of the AFI Ploiesti shopping center, to the position of Head of the Residential Division. more

02.29.2024

HILS Development, a real estate developer held by Ionut Negoita, announces a new residential project in Pallady area in the eastern part of capital city Bucharest. more

02.13.2024

Web platform Undelucram.ro, the largest online employee community in Romania, has concluded a partnership with LinkedIn, the world’s leading professional network, through which it will allow more

02.08.2024

JNT Group, one of Poland’s major wine producers, importers and wholesalers, has signed an agreement to take over the majority stake in Domeniile Boieru winery of Ciumbrud, Alba county. more

01.29.2024

Adrem group, a major local entrepreneurial business providing services and solutions for the energy and industrial sector, has contracted an over RON32 million loan from ING to support its development more

12.12.2023

Real estate consulting company Cushman & Wakefield Echinox is consolidating its team by recruiting Raluca Stanislav as Head of Business Development. more

10.31.2023

Akcent Development, part of Romanian entrepreneurial group Alfa Group, set up by Alin Niculae, has started building 723 apartments in Bucharest’s Bucurestii Noi area, close to Jiului underground more

10.30.2023

German-held retailer Kaufland plans to reach the 200-hypermarket mark in Romania by 2025, from the current 171 it has at the moment, developing at a steady pace of at least 10 new stores every year, more

10.12.2023

Real estate consulting firm CBRE has appointed Marius Scuta as Head of Business Development, starting with November 1, 2023, as part of the company’s strategy to strengthen its position in the more

09.26.2023

Local startup Zitamine Nutrition, which developed an algorithm to personalize food supplements for each individual separately, has raised EUR350,000 from three investment funds in Romania – V7 more

08.10.2023

Amazon Development Center, the development center US giant Amazon in Romania, which started its activity on the local market 18 years ago, ended 2022 with a turnover worth over EUR124.6 million more

08.09.2023

Real estate development company Rock Development Holding will invest EUR70 million in the development of the first five-star hotel project in Poiana Brasov. The new luxury project will consist of a more

08.04.2023

OMV Petrom (SNP.RO), Romania’s sole oil and gas producer and the operator of the Neptun Deep project, announced in a stock market report Thursday evening the signing of a EUR1.6 billion contract more

07.31.2023

InterRo Property Development, a company owned by the Topolinski family of Canadian investors, is developing the Pajurei 3 Resident project, a 163-apartment compound set to be finalized in 2025 at the more

06.21.2023

OMV Petrom, the largest integrated energy company in South-Eastern Europe, along with its partner Romgaz, has made the Final Investment Decision for the development of the Neptun Deep project in the more