10.01.2024

KPMG Romania and Moldova announced the promotion of Andreea Niculae, Ioana Zenaida Rizea-Popp, Irina Rubeli and Mihaela Ionescu to the role of Partner and six other professionals to the role of more

10.01.2024

Car parts manufacturer Joysonquin Automotive Systems Romania, the local subsidiary of China’s Joyson, for 2023 reported turnover worth RON739.7 million (EUR149.5 million), up 26.5% from 2022, in more

09.30.2024

Telecommunications company Digi Communications has announced on Sept 30 that its Romanian subsidiary redeemed in full the EUR450 million worth of Senior Secured Notes issued by the company in 2020, as more

09.30.2024

PwC Romania has promoted Daniel Anghel to the position of Country Managing Partner, starting October 1, 2024. more

09.26.2024

The European Bank for Reconstruction and Development has downwardly revised its forecast for Romania’s economic growth in 2024, to only 1.4%, compared with 3.2% projected in May 2024, while counting more

09.25.2024

CBRE Romania is strengthening the presence of its ESG & Sustainability Solutions division in the commercial real estate sector through its latest partnership with Access4you, a Hungarian company with more

09.23.2024

Auchan Romania, a major player in local food retail, continues to develop the franchising program launched in June locally, via which entrepreneurs can open a turnkey retail business under the brand more

09.23.2024

Packeta Romania, a global digital platform for e-commerce, is expanding its local network with 17 new pick-up points, in partnership with Diverta bookstore chain, thus reaching over 1,800 points, more

09.18.2024

Romania is the country with the highest inflation rate among the European Union member countries, for the sixth consecutive month, after reporting an annual consumer price index of 5.3% in August more

09.18.2024

Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said in a more

09.18.2024

Marek Gebski is the new Marketing & Digital Director at Philip Morris Romania, effective October 1, 2024. more

09.16.2024

Financial analysts part of CFA Romania Association anticipate a 4.95% inflation rate for the next 12 months (August 2025), higher than they estimated one month ago, and an average exchange rate of more

09.12.2024

Hungary's MOL Group has invested RON300 million over the last three years to develop Romania's infrastructure. more

09.11.2024

METRO Romania, the largest wholesaler in the local market, is speeding up investments in the proximity retail segment, by proposing a new store concept - LaDoiPasi Extra, which targets urban and more

09.10.2024

CPI Romania, part of CPI Property Group, has signed lease contracts for a total area of 41,500 square meters of office space, so far in 2024. more

09.09.2024

Home appliance component Maker Zoppas Industries, the local subsidiary of Italy's Zoppas Group, had a turnover of RON979.5 million (EUR198 million) in 2023, down 12.6% from RON1.121 billion (EUR227.3 more

09.06.2024

ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data more

09.04.2024

Romania's Competition Council fined FCC Environment Romania SRL a total RON2.045 million (EUR410.000) for abusing its dominant position on the market for the storage service of non-hazardous more

09.03.2024

Florin Petolea, Chief Technology & Information Officer (CTIO) with Telekom Romania Mobile Communications since January 2023, has left the mobile telecom operator after a mandate of less than two more

09.02.2024

Fitch Ratings has reaffirmed Romania's outlook at 'stable' and the local currency issuer default ratings (IDR) at 'BBB-'. more

09.02.2024

Deloitte Romania's management team expands as of September 1, 2024, following the promotion to directors of employees Ioana Lucaciu, Mihai Ionica and Andrei Stan, from the Audit and Assurance more

08.30.2024

Concrete producer Readymix Romania reported turnover worth RON146.3 million (EUR29.6 million) for 2023, up 7.3% from 2022. more

08.28.2024

A Reff & Asociatii lawyer team and fiscal experts of Deloitte Romania assisted local company Helinick, operating in the field of electronic security systems, in the sale process to Convergint, one of more

08.27.2024

IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it already has two, says Jesper Brodin, CEO of Ingka more

08.27.2024

ING Bank Romania saw its revenues rise 9.6% in the first half of 2024, to RON1.79 billion, supported by the rising number of clients and expansion of loan portfolio. more