01.20.2025

Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi mountains. more

01.17.2025

Romania had the highest annual inflation rate, of 5.5%, among European Union (EU) Member States, in December 2024, data from Eurostat, the bloc's statistical office, showed on Friday (Jan.17). more

01.17.2025

The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves have led to more

01.16.2025

The European Bank for Reconstruction and Development (EBRD) in 2024 invested in a record high number of projects in Romania amid rising investment in energy and pledges of alignment to green energy more

01.14.2025

Sales of houses and apartments increased by 7.6% in Bucharest-Ilfov region and by 6.6% across Romania, in 2024 compared to 2023, according to data from the National Agency for Cadaster and Real Estate more

01.13.2025

ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary risks, the bank said in a report on Monday (January 13, more

01.13.2025

Law firm Filip & Company legally assisted Credit Europe Bank Romania in the cross-border merger through absorption with the parent company, Credit Europe Bank N.V. of Netherlands. more

01.09.2025

Entrepreneurial company Visual Fan, controlled by Lucian Peticila and that owns Allview brand, has completed the implementation of four photovoltaic projects for Autoliv Romania, the local subsidiary more

01.09.2025

Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the name of more

01.08.2025

The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could significantly impact the country’s economic more

12.23.2024

​Adriana Dereli was appointed country manager for snack wholesaler Mogyi Romania, according to a LinkedIn post. more

12.20.2024

Deloitte Romania assisted AQUILA, one of the leaders in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in its more

12.20.2024

Romanians are more pessimistic in 2024 compared with 2023, reveals a survey conducted by EY, with 67% of respondents expecting the economic situation to worsen, 7% more than in the previous year. more

12.19.2024

Romania had the highest annual inflation rate, of 5.4%, among European Union Member States, in November 2024, data from Eurostat, the statistical office of the European Union (EU), showed on Thursday more

12.18.2024

The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18). more

12.18.2024

Fitch Ratings has revised the Outlook on Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, and affirmed the IDR at 'BBB-'. more

12.17.2024

DTEK Renewables International (DRI), headquartered in The Netherlands and part of Ukrainian energy group DTEK, has signed a new financing agreement of EUR24.7 million with Kommunalkredit Austria AG more

12.17.2024

Carrefour Romania will end 2024 with a network of 178 Express units nationwide, after opening 16 integrated stores and six franchise stores. more

12.16.2024

Gerasimos Contoguris took over the role of Director of People & Culture at Philip Morris Romania, starting November 2024. more

12.16.2024

Almost one years since its arrival on the Romanian market, Turkish online retailer Trendyol has attracted 1.2 million buyers who have logged at least one order and delivered more than 11 million items more

12.13.2024

Banca Transilvania (stock symbol: BT) is lending EUR40 million to Omnia Europe SA (Omnia Romania), a leading corn starch producer and owner of the largest starch factory in Romania and southeastern more

12.12.2024

The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, more

12.12.2024

The company Retele Electrice Romania, part Of PPC Group in Romania, has launched a RON23 million public tender, through the SEAP platform, aiming to acquire remote control peripheral units for medium more

12.11.2024

Romania's Competition Council is looking into the transactions through which Vodafone Romania S.A. intends to take over Telekom Romania Mobile Communications S.A., and Digi Romania S.A. will acquire more

12.11.2024

Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan from the Black Sea Trade and Development Bank (BSTDB). more