01.09.2024

Law firm Filip & Company assisted Fondul Proprietatea in the sale of the minority stake it held in Engie Romania, in a deal worth above EUR86 million. more

01.08.2024

Gábor Mozga, a former Head of Retail Sales & Operations at MOL Poland, has been appointed Chief Executive Officer (CEO) of MOL Romania, effective January 1, 2024. more

01.08.2024

Cegeka Romania, the local subsidiary of Belgian IT Group of the same name, announced on January 8 that it appointed Lucian Popovici as the company’s new Director of Applications, company more

01.04.2024

Distributie Energie Electrica Romania (DEER) has announced a project to implement a consolidated IT system and the planned upgrade works for SAP (Systems Applications and Products) systems. more

12.27.2023

Fondul Proprietatea (FP) announced it signed with GDF International the sale of the 12% stake in Engie Romania for RON433 million. more

12.20.2023

Consumer loan company Provident Financial Romania, part of International Personal Finance (IPF), has granted loans worth EUR1.73 billion since its entry on the local market, in 2006, and, in 2023, the more

12.18.2023

Romania recorded an 86% increase in the number of FDI (foreign direct investment) projects in 2022, making it the fifteenth most attractive European investment destination, up seven places from the more

12.15.2023

Raiffeisen Bank, one of the largest banks in Romania by assets and with bonds listed at the Bucharest Stock Exchange, informed the local stock market in a report on Dec 14 about its shareholders' more

12.14.2023

EY Romania assisted TMF Group, a leading provider of compliance and administrative services, in the acquisition of Contexpert, a top-tier Romanian company specialized in accounting, audit, tax, and more

12.13.2023

International Rating Agency Fitch Ratings has affirmed Garanti BBVA Romania’s (GBR) Long Term Issuer Default Rating at ‘BB-‘ with a stable outlook and its Viability Rating (VR) at ‘bb-‘. more

12.12.2023

71% of participating companies in the latest survey conducted by eJobs & UP Romania said they would offer Christmas benefits to employees in 2023. more

12.12.2023

65% of Romanians wouldn't be able to cover their expenses for even a week if they were to run out of income, nearly half (46%) of the population doesn't save any money, and of the people who do that, more

12.11.2023

Fondul Proprietatea (FP.RO) on Monday evening notified the Bucharest Stock Exchange that Franklin Templeton International Services, in its capacity as sole director of the Fund, received a binding more

12.08.2023

After praising Romania’s efforts for economic growth in 2023 and fiscal attempts to reduce the budget deficit, the International Monetary Fund (IMF) states in a report on this year’s conclusions more

12.06.2023

Affidea Romania, the biggest player on the medical imaging services market, has bought Odelga clinic of Bucharest, an imaging center located within Bucharest Oncology Institute. more

12.04.2023

The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022. more

11.29.2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has announced in a stock market report on Nov 29 that it has entered into a partnership with Vulcangas Romania for opening more

11.28.2023

Germany’s Hella, a car parts supplier part of global group Forvia, has expanded the area leased in ElectroPutere Parc by around 1,300 square meters, to a total of 8,000 square meters. more

11.28.2023

China-held OPPO, one of the world’s biggest players on the smartphone market, which entered Romania market in 2020, reached a 5-6% share of the local smartphone market in the first ten months of more

11.28.2023

Eldrive Romania, the company owning the charging station network of the same name, has installed 13 new EV charging stations at AFI Cotroceni mall and another 16 inside the parking lot of more

11.27.2023

PayPoint continues to develop the digital payment segment and announces a new partnership with Meridian Taxi, one of the most important taxi companies in Bucharest, company representatives said in a more

11.27.2023

Romania's eastern city of Iasi will be attracting private real estate investments of EUR500 million in the coming years, which will add to public infrastructure projects worth EUR1.2 billion announced more

11.27.2023

Romania is emerging as a major regional distribution hub, especially in southeastern Europe and the stock of logistic spaces is likely to top 10 million square meters by the end of this decade, from 7 more

11.27.2023

GLS General Logistics Systems Romania, part of the group of the same name, controlled by Britain’s Royal Mail, in 2022 registered turnover worth RON346.3 million (EUR70.2 million), up 2.8% more

11.24.2023

Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average value of more