02.15.2022

Lender ING has lowered its economic growth projection for Romania to 3.2% in 2022 from 4.5% previously, and kept unchanged its projection for 2023 at 4.5%, ING Romania chief economist Valentin Tataru more

02.15.2022

Lender Banca Comerciala Romana (BCR) has revised its forecast on Romania’s economic growth down to 3.2% in 2022 from a previous forecast of 4%. more

02.15.2022

German-held home appliances manufacturer Miele Romania had a turnover of RON80 million in Romania in 2021, up 28% against 2020, and washing machines, vacuum cleaners and kitchenware were the most more

02.14.2022

Carrefour Romania on Monday announced new promotions: Silviu Diaconu, former Purchasing Director for Fresh Products, has been appointed Director of Supeco, the company's discount brand. more

02.11.2022

Atos Romania, the local subsidiary of French company Atos, with over 3,000 employees on the local market at present, seeks to recruit over 1,000 IT specialists by the end of 2022, of whom 400 are more

02.09.2022

PayPoint Romania, operator of cash payments and electronic recharging services, on Wednesday announced the acquisition of the 24pay application, the digital payment solution for public transport with more

02.07.2022

Coca-Cola HBC Romania, the leader of the local soft drinks market, has appointed Mihaela Hoffman to the position of Business Director of the company’s Coffee & Premium Spirits Division. more

02.07.2022

Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, reported a net profit of EUR2 million and a pre-tax profit of EUR5 million, in line with data released by Intesa Group. more

02.03.2022

ING Bank Romania is turning its Department of Corporate Social Responsibility, set up in 2012, into a Sustainability Department, in line with the transition to a green economy and the development of more

02.03.2022

A team of deals specialists of PwC Romania has provided financial and tax advisory services to Central European private equity investor Abris Capital Partners in the transaction to acquire Romanian more

02.02.2022

Telecom operator Vodafone Romania on Wednesday said its service revenue fell slightly by 0.77% year-over-year to EUR191.5 million in the last quarter of 2021 ended on December 31, 2021, in line with more

01.31.2022

Serge Offers will take over the position of Head of Business Banking and Deputy CEO of lender ING Bank Romania starting February 1, 2022. more

01.31.2022

Law firm Filip & Company has provided legal assistance to Romania’s Ministry of Finance alongside law firm Linklaters in an early repurchase and partial switch of three series of U.S. more

01.31.2022

Poland’s startup merXu, an online B2B trading platform for Central and East European companies, has come to have almost 1,000 companies in Romania registered on the platform in around 3 months since more

01.28.2022

CEOs in Central and Eastern Europe (CEE), including Romania, are now looking to markets closer to home for potential expansion and growth opportunities, according to PwC’s CEO Survey 2022 for the more

01.28.2022

Brick Romania, a local DIY and home improvement retailer based in Constanta, wants to expand across Romania, including in capital Bucharest. more

01.28.2022

A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and is more

01.27.2022

ING Bank Romania has granted the second loan facility of RON10 million (EUR2 million) to the company Agrinvest Credit IFN specialized in financing the Romanian agricultural sector. more

01.26.2022

The Romanian real estate market has enough resources for a strong pick-up in activity in 2022, subject to how the pandemic will evolve, as well as other new themes, Colliers consultants predict. more

01.26.2022

Disney Plus, the streaming service of The Walt Disney Company, has confirmed its launch in 42 countries in Europe, Africa and Asia, including Romania, starting summer 2022. more

01.26.2022

Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a monthly more

01.25.2022

Software services company Qualysoft Romania recorded an increase of over 85% in turnover and of 40% in profit in 2021, exceeding initial predictions, the company said Tuesday. more

01.25.2022

Carrefour Romania on Tuesday said Gabriela Stanica took the helm of its E-commerce Department, being appointed to the position of Chief Information, Data Officer and E-commerce Director, after the more

01.25.2022

Reynaers Aluminium Romania, the local division of Belgian Reynaers Aluminium, developer of aluminum products for the building sector, envisages an increase of at least 10% in turnover in 2022, more

01.20.2022

The Romanian banking sector saw its profitability fall to 8.26% in 2020, from 11.06% in 2019 due to the pandemic, being the first time the local banking sector profitability was below 10% in the last more