03.08.2024

The first luxury hotel under the Mondrian brand is due to open until 2026 in downtown Bucharest, near the Romanian Athenaeum, following a partnership between real estate developer One United more

03.08.2024

Group of firms Maviprod-IRUM, owned by the Oltean family of Reghin, ended 2023 with a turnover of EUR55.9 million and targets a 5% increase in 2024. more

03.06.2024

Romanian-held Optima Group, a developer and provider of software solutions and services, plans to expand its footprint and activity in several countries of the region and in western Europe. more

02.29.2024

Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, for 2023 reported the sum of RON1.47 billion at more

02.28.2024

BRK Financial Group (BRK. RO), the only stockbroker listed on the Bucharest Stock Exchange, on Wednesday (Feb 28) announced a net profit of RON376,115 for 2023, compared to a loss of RON15.2 million more

02.27.2024

AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, has fully acquired Infobest group, specialized in the development of customized software solutions, with more

02.26.2024

Alexandrion Group, the largest producer and distributor of spirits and wines in Romania by turnover, has announced the signing of a joint venture with the casa tequilera ‘Casa Aceves’ based in the more

02.16.2024

Optima Group, a leader in software solutions and B2B provider of inventory and assets services, has announced the establishment of a Board of Advisors. more

02.15.2024

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised downwards its forecast on Romania’s economic growth to 2.6% for 2024 from a previous estimate of 3.3%, after more

02.14.2024

Vola.ro Group had a turnover of EUR18.8 million in 2023, up 11% on the year, while plane ticket sales on the web platform grew at the same rate, reaching EUR100 million. more

02.12.2024

Lowe Group, one of Romania’s largest marketing and communication groups, is strengthening its top management team by appointing Florina Varzariu as Chief Financial Officer. more

02.09.2024

Mihai Neagu, CEO of Perla Harghitei and Apemin Tusnad, two of the largest companies in the natural mineral water field, says the group bets on a two-digit increase in volumes this year. 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

02.07.2024

Law firm PeliPartners assisted Adventum Group in signing a lease contract extension with Genpact Romania – the anchor tenant in Hermes Business Campus, an office complex located in the northern part more

02.06.2024

Romania's Competition Council has approved the transaction whereby Eco Euro Doors, a company member of ROCA Group, intends to take over Workshop Doors. more

02.02.2024

China's Haier Group, one of the newest and also largest investors in the Romanian home appliances manufacturing sector, has announced its intention to lay off almost 40% of the 1,000 employees at its more

02.01.2024

TeraPlast Group has announced on February 1 that, following successful negotiations, the agreement for the acquisition of the Wolfgang Freiler Group from the Uhl family in Austria has been signed, as more

01.30.2024

ESSA Group, a Romanian company active on the trade marketing and staff recruitment services market, ended 2023 with a turnover of EUR24.3 million, up 24% from EUR19.8 million reported for 2022, more

01.29.2024

Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has investments of around RON100 million (the equivalent of EUR20 million) underway, with half being European more

01.22.2024

Radu Lazaroiu, general manager of Romaqua Group, Romania’s biggest beverage manufacturer, says 2023 was a good year for the company despite market instability and the producer boosted its business more

01.18.2024

Germany's Bosch Group is expanding its activity on the Romanian market by establishing a new company in Timisoara, Bosch Global Business Services SRL, which previously operated as a division of Bosch more

01.17.2024

IT Group Bittnet (BNET.RO), an integrator of IT&C solutions and a provider of training services in the IT sector, has informed investors in a stock market report on Jan. 17 about the signing of a more

01.17.2024

Latvia's Eleving Group, a global multi-brand fintech company operating in the vehicle and consumer financing business, has obtained an investment of EUR10 million for the development of business more

01.11.2024

Bogdan Vaduva, a former partner within KPMG Romania, has been appointed to the position of Group Chief Financial Officer of eMAG Group. more

01.09.2024

Polish software group Symfonia announced on Tuesday (Jan. 9) that it has fully acquired Romanian software company Softeh Plus, taking the first step of its international development plan. more