09.19.2024

NN Group, a Dutch financial services company operating in the local life insurance and private pension markets, and venture capital fund Rubio Impact Ventures launch the NN Social Innovation Startup more

09.17.2024

CIS Group, a local business that provides solutions and services for the energy sector, founded by entrepreneur Sebastian Calugar, has signed a contract for the construction of a photovoltaic park in more

09.12.2024

Hungary's MOL Group has invested RON300 million over the last three years to develop Romania's infrastructure. more

09.12.2024

Romania's Competition Council is assessing the transaction through which the European Bank for Reconstruction and Development (EBRD) intends to enter the shareholding of Eldrive Holding Gmbh, together more

09.09.2024

Business solutions integrator TopTech, part of Bittnet System Group (stock symbol: BNET), has informed investors in a stock market report on Sept 9 about increasing the (revolving-overdraft ceiling) more

09.05.2024

Nawaf Salameh Family Office, which owns, among others, spirits producer Alexandrion Group, has acquired the Octogon Gas & Logistics Terminal in the Port of Constanta, as per an announcement made by more

08.30.2024

Sphere Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, in the first half of 2024 doubled its net profit to around RON41 million amid expense control, more

08.19.2024

A multijurisdictional team of Clifford Chance assisted Erste Group Bank AG and BCR in funding the development of a 99.2 MW onshore wind project that Nala Renewables bought from OX2. more

08.08.2024

The Bucharest Stock Exchange, the operator of the local capital market and a majority stakeholder in the Central Counterparty (CCP) and the Central Depository, in the first six months of 2024 more

08.07.2024

PPC Group (Public Power Corporation) has announced that it has signed an agreement with Evryo Group, owned by Macquarie Asset Management, to acquire their renewable energy generation portfolio in more

08.06.2024

Metropolitan Life Pensii Private, the third largest Pillar II private pension fund in Romania by assets, after NN Pensii and AZT Viitorul Tau, has entered the shareholding structure of Sphera Group more

08.05.2024

The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide EUR24.4 million funding to INVL Renewable Energy Fund I, a fund investing in renewable more

08.02.2024

Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC more

08.02.2024

BCR Group, which includes the second largest bank on the local market, in the first half of 2024 generated net profit worth RON1.31 billion (EUR264 million), up 18.3% from the H1/2023 gain amid rising more

08.01.2024

TotalSoft Group, one of the largest software developers in Romania, targets an annual 11% increase in its consolidated turnover in 2024, up to nearly EUR34.5 million at the end of the year, as per more

08.01.2024

Italy's Intesa Sanpaolo Group, which has recently finalized the acquisition of First Bank (Romania), ended the first half of 2024 with net profit of EUR4.8 billion, up 13% year-over-year. more

08.01.2024

International law firm CMS assisted OTP group in completing the sale of Romania operations to Banca Transilvania, the largest lending institution in Romania by assets. more

07.31.2024

On Wednesday, July 31, 2024, the Bucharest Stock Exchange system recorded transactions worth almost RON8 million with 5.68 million shares of Agroland Business System (stock symbol: AG.RO), at a price more

07.30.2024

City Grill Group, one of the leading actors in the Romanian restaurant industry, founded by Dragos Petrescu, ended the first half of 2024 with a turnover of EUR31 million, up 18% from the same period more

07.22.2024

Energy Policy Group (EPG), an independent organization specialized in energy-related policies, has analyzed Romania's National Integrated Energy and Climate Change Plan (PNIESC) and found multiple more

07.15.2024

Administrative and compliance service provider TMF Group has signed a lease for 1,700 square meters of office space in America House, the office building whose owners include Morgan Stanley, along more

07.15.2024

The Competition Council has approved the transaction whereby Banca Transilvania S.A. intends to acquire OTP Bank Romania S.A., OTP Leasing Romania IFN S.A., OTP Asset Management Romania S.A.I. S.A., more

07.11.2024

Pretzel shop chain Luca has in less than 15 years reached turnover of half a billion lei (RON526 million in 2023) after fast growth supported by expansion on the one hand, the network comprising more

07.08.2024

Romania's Competition Council has approved the transaction whereby the OTTO Group, through EOS Credit Funding DAC and EOS Finance IFN S.A., intends to take over a portfolio of performing and more

07.05.2024

Romania's Competition Council approved the transaction through which France's Ardian France S.A.S. intends to acquire Alstef Group S.A.S. and its subsidiaries, including Alstef Roumanie S.R.L. more