08.06.2021

BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange (BVB.RO), said in a stock market announcement that it closed a private placement of bonds whereby it raised RON25 more

07.30.2021

Austria’s Erste Group, owner of Banca Comerciala Romana, on Friday released a report regarding the evolution of economies of countries in Central and Eastern Europe (CEE), in which it estimates a more

07.30.2021

Romanian BCR Group, owned by Austria's Erste, posted a net profit attributable to the majority shareholder of EUR116.7 million in the first half of 2021, up 43.2% from EUR81.5 million reported in the more

07.14.2021

Alexandrion Group, the largest spirits producer in Romania, with a nearly RON955 million turnover in 2020, is entering the gin market, with the Kingsbury London Dry Gin product launched simultaneously more

07.13.2021

Transport Trade Services (TTS.RO), Romania's biggest freight transporter on the Danube, which was listed on the Bucharest Stock Exchange on June 14, 2021, will benefit from market maker services more

07.05.2021

Italy's AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, will invest EUR300 million to build an eco-friendly rebar and wire rod factory in Romania. more

07.05.2021

Transport Trade Services (TTS.RO), Romania's biggest freight transporter on the Danube, which is majority held by entrepreneur Mircea Mihailescu, has concluded a contract with SSIF BRK Financial Group more

07.02.2021

The Bucharest Stock Exchange (BVB), which operates the local capital market, on Friday said it concluded, as issuer, a contract for market making services with BRK Financial Group (BRK.RO), the only more

07.01.2021

Erste Group, the majority shareholder of Romanian lender BCR, said Thursday it was merging its IT companies to create Erste Digital, one of the largest IT services companies in Austria and the Central more

06.04.2021

Recommerce Group, a major European player in the refurbished smartphones market, with operations in 24 countries, is acquiring fenix.eco, a Romanian startup founded 14 months ago. more

06.03.2021

Romanian developer Iulius Group estimates it will invest around EUR35 million in infrastructure and urban mobility works that will serve its Palas Campus project in Iasi, northeastern Romania. more

06.02.2021

Sphera Franchise Group (SFG.RO), the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, reaches a network of 88 KFC restaurants in Romania, with the opening of a more

06.02.2021

eMAG Group, with operations in Romania, Hungary and Bulgaria and held by investment fund Naspers and Iulian Stanciu, reported revenue of RON8.93 billion in 2020, of which the revenue reported in more

06.02.2021

Core Timpuri Noi residential compound, developed by real estate developer Prima Development Group, will also include a network of up to 25 electric vehicle charging stations for the owners of its more

05.28.2021

Romaqua Group, the largest local producer on the Romanian mineral water and beer market, had sales of RON841.5 million in 2020, just 0.3% lower on the year, despite the pandemic. more

05.25.2021

Germany’s Bosch Group registered consolidated net sales of nearly RON2.2 billion (EUR448 million) in Romania in the fiscal year 2020, up 3% compared with 2019. more

05.25.2021

Fratelli Group, controlled by several local entrepreneurs, targets a turnover of RON51 million for 2021, 12% lower than in 2019, the year before the outbreak of the COVID-19 pandemic. more

05.25.2021

Ion Catutoiu, an entrepreneur engrossed in various investments, including in the real estate sector, and Andrei Stanciu, CEO of construction company Somet Group, will jointly develop a 150-room hotel more

05.24.2021

The Romanian division of Eglo Leuchten Austria Group, one of the world’s leading lighting producers, has invested over EUR10 million in Romania, over the last 25 years, in developing its network of more

05.19.2021

Romanian Taparo Group, which operates in the furniture industry, ended 2020 with a turnover of RON220 million and for 2021, it targets revenue of RON300 million, said Mihai Filip, shareholder of more

05.18.2021

Developer Vox Property Group has contracted a loan of EUR19.5 million from CEC Bank to consolidate previous debt and fund projects under development. more

05.17.2021

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, on Monday reported a net profit of RON0.5 million for the first quarter of 2021, compared with a more

05.14.2021

Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Friday said it ended the first three months of 2021 with a turnover of RON744 million, up 4.4% on the year, more

05.13.2021

Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, founded by more

05.13.2021

The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a net profit of RON2.03 million in the first quarter of 2021, down 54% from the same period in 2020. more