02.06.2023

Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of more

02.06.2023

Frank Loeffler was appointed to the position of General Manager of pharmaceutical company Roche Romania, starting with February 1, 2023. more

02.06.2023

Trade between Germany and Romania maintained on an upward trend, reaching EUR37.5 billion in 2022, up 13.9% versus 2021, according to the Romanian-German Chamber of Commerce and Industry (AHK more

01.31.2023

Fifty years after Romania became the first Warsaw Pact country to join the International Monetary Fund, three decades after its transformation from a centrally planned to a market economy, three years more

01.26.2023

The EBRD provided EUR709 million of investments in 32 operations in Romania in 2022, as part of a record EUR13.1 billion at reported rates delivered across the Bank’s regions in 2022. more

01.19.2023

Takeda, a global bio-pharmaceutical company based in Japan, has appointed Todor Kesimov to the position of Country Manager for its operations in Romania, starting with January 1, 2023. more

01.19.2023

Marsh, an insurance brokerage and risk advisory company, has appointed Cristian Fugaciu to the position of Co-CEO for Central and Eastern Europe (CEE), alongside Artur Grzeskowiak. more

01.12.2023

Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes. more

01.12.2023

IT services company Inetum Romania, part of French Inetum Group, announces the appointment of Patrice Gautier to the position of Managing Director, replacing Nicolas Boitout, as per a press statement. more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

01.11.2023

Citi Romania has relocated its 200 employees in capital city Bucharest to its new headquarters in the capital, located in the Tiriac Towers office building. more

01.11.2023

Fortis Games, a new US game studio established by global industry heavyweights, which made several acquisitions in 2022, among which the Metagame startup in Bucharest, plans to expand in Romania and more

01.09.2023

Mateja Podgornik has taken over the position of Managing Director Romania and Slovenia within Mondelez International, starting from January 2023. more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.23.2022

Premier Restaurants Romania, the operator of the McDonald’s restaurant chain in Romania, continues the expansion of the local chain with the opening of the 96th restaurant, in Oradea (western more

12.22.2022

Romania is ranked among the top ten European Union Member States regarding the number of medium-sized companies with 50 to 249 employees, according to data from Eurostat, the statistical office of the more

12.21.2022

Orange Romania has expanded its 5G network coverage to two more towns, namely, Targu Mures and Miercurea Ciuc. more

12.19.2022

ING Bank Romania has announced that Mihaela Ionita will join its team as Human Resources (HR) Manager and member of the bank’s Board of Directors, starting January 1, 2023. more

12.15.2022

Romania’s media market is expected to generate advertising revenue of EUR642 million in 2022, up 7% on the year, according to media agency Initiative Romania. more

12.15.2022

Euromoney, an English-language monthly magazine focused on business and finance, has named UniCredit Bank Romania as Market Leader in Corporate Banking in its 2022 European Markets Leaders Survey, an more

12.13.2022

Automotive component manufacturer Hella Romania, the local unit of German-held company Hella, is set to open an engineering design and development center in the Palas Campus office project in the city more

12.13.2022

Enel X Romania, part of Enel X Global Retail, the advanced energy services division of Italy’s Enel Group, will build a photovoltaic (PV) park with a total installed capacity of 2.5 MW for Romanian more

12.09.2022

An integrated team of consultants specialized in transactions, tax and legal services of PwC Romania and D&B David si Baias assisted Turkey’s Memorial Healthcare group with the acquisition process more

12.09.2022

Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, is going ahead with another RON100 million capital raise planned for the company’s development and the strategy more

12.07.2022

Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta more