12.05.2022

Marquardt Romania, a member of the Marquardt Group- a German top mechatronics producer – will be opening its first office in the country’s North-East Region within the Palas Iasi mixed-use more

12.05.2022

Luca Victor Rogojanu was appointed Deputy Chief Executive Officer (DCEO) and coordinator of the Credit and Risk Management Division within OTP Bank Romania, the local division of Hungary’s largest more

12.02.2022

Romania placed last in the European Union by research and development (R&D) expenditure as a percentage of GDP in 2021, the statistical office of the European Union, showed on Friday (Dec 2). more

11.25.2022

The ten most valuable companies in Romania’s economy are this year valued at RON218 billion (EUR44 billion), 20% lower than in 2021. more

11.24.2022

Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, continues to hold the top spot at the end of the first nine months of 2022, with a 31% market share, a level more

11.24.2022

OMV Petrom continues to promote energy efficiency of buildings and contributes EUR4 million to support a new phase of Romania Eficienta (Efficient Romania) program launched in 2019 in partnership with more

11.23.2022

AmCham Romania made the case for increased investments in healthcare, building on the main findings of the dedicated report “Healthcare as Investment” that outlines main policy efficiency, cost more

11.23.2022

Romania ranks 49th among 132 countries in terms of innovation, according to the World Intellectual Property Organization, which publishes the Global Innovation Index. more

11.16.2022

E.ON Energie Romania is going to build six photovoltaic power plants for the production units of Transavia, the largest poultry producer in Romania, and the total value of green energy production more

11.16.2022

Omniasig, Asirom and BCR Asigurari de Viata, the companies Austria’s group Vienna Insurance Group (VIG) owns in Romania, ended the first nine months of 2022 with overall gross underwritten premiums more

11.15.2022

Romania places 39th among the world’s 61 most attractive countries for green infrastructure investments ranked by PwC in its Green Infrastructure Finance Propensity Index. more

11.11.2022

Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report released more

11.10.2022

Global travel site Big 7 Travel and car comparison specialists EnjoyTravel have jointly conducted a study on the world's best places to retire and found Romania is a top choice. more

11.10.2022

Romania comes 31st in a ranking of the 42 European countries in terms of purchasing power, with an average of EUR8,017/capita in 2022, representing 49% of the European average, reveals a GfK survey. more

11.07.2022

The returns expected by investors kept the upward trend over the last year, but with a moderate advance, as the cost of capital maintained its ascending path in the third quarter of 2022, outlined more

11.07.2022

Vertiv Romania, a provider of critical digital infrastructure solutions and IT support services, seeks to recruit over 20 IT specialists for various roles. more

11.04.2022

The volume of foreign trade between Germany and Romania increased by 17.7% in the first nine months of 2022 as compared to the same period of 2021, up to EUR28.8 billion, according to estimates by more

11.04.2022

A team of consultants specialized in transactions from PwC Romania provided financial and tax due diligence services to Rezolv Energy for the acquisition of a majority stake in West Power Investments, more

11.03.2022

Romanian PR and strategic communications agency Lighthouse has joined Crisis Communication Network Europe (CCNE), becoming the sole Romanian member of the group and the first in Central and Eastern more

10.31.2022

Aegon Romania ended the first half of 2022 with an 8.2% increase in gross underwritten premiums, at RON76.7 million, vs RON70.4 million in 1H/2021. more

10.26.2022

The European Bank for Reconstruction and Development (EBRD) is exploring a RON240 million loan for Distributie Energie Electrica Romania (DEER) company, part of Electrica group. more

10.25.2022

Financial analysts part of CFA Romania expect the leu to depreciate to an average exchange rate of 5.0797 unit to the euro in the next 12 months, while the forecast inflation rate will hit an average more

10.19.2022

Nestlé Romania, one of the largest companies on the local sweets, beverages and pet food market, saw a 11% increase in sales in the first nine months of 2022 due to a double-digit growth for seven more

10.17.2022

International rating agency S&P maintained Romania's rating at BBB-/A-3, with a stable outlook, due to an expected improvement of the country's fiscal imbalances over the next years and to upcoming more

10.13.2022

Greek-held company Softone Group, present on the local market through its subsidiary SoftOne Romania, is acquiring a majority stake of 61.7% in cosmoONE, Greece’s largest developer of electronic more