01.22.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, inched up to 1.60% a year on Friday (Jan more

01.22.2021

Romanian consumers spent 110 million to 120 million lei on clothes dryers last year, not including VAT and the market has increased significantly in the past few years, 2020 included. more

12.28.2020

Romania’s new government led by Prime Minister Florin Citu said it would discuss this week increasing the minimum gross wage to RON2,300 (around EUR471) in 2021, from RON2,230 (around EUR457) more

12.24.2020

Packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast, said Thursday in a stock market announcement that the intermediary IFB Finwest had notified the company regarding the more

12.16.2020

Shareholders of MedLife (M.RO), the leader of the private medical services market in Romania, on Tuesday approved an increase of the company’s share capital by RON27.7 million, up to RON33.2 more

11.24.2020

Software services and solutions provider NTT Data Romania (formerly EBS Romania), part of the Japanese group by the same name, is looking for technology specialists to fill its more than 75 open more

11.16.2020

MedLife (M.RO), the leader of the private medical services market in Romania, summoned shareholders for Dec 15 to approve raising the company's share capital from RON5.5 million to around RON33 more

11.12.2020

Romanians spend some EUR5 billion on apparel, footwear and sporting goods a year and online sales used to account for about 10% of that until the pandemic, ZF has estimated based on market data. more

11.11.2020

Kastamonu Romania (formerly Prolemn), held by Turkey’s Kastamonu Entegre, one of the leading wood processing groups in that country, has budgeted investments in boosting production capacity of door more

10.23.2020

Turkey’s Arcelik Group, which has two plants in Romania, a refrigerator facility in Gaesti and a washing machine facility in Ulmi, Dambovita County, is investing in the local operations to meet huge more

10.20.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.14% a year on Tuesday (October 20). more

09.30.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.11% a year on Wednesday (September 30), which is the more

09.28.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.07% a year on Monday (September 28). more

09.25.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.04% a year on Friday (September 25). more

09.24.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, grew to 2.02% a year on Thursday more

09.21.2020

Astra Vagoane Calatori, one of the largest rolling stock manufacturers in Romania, plans to develop production capacity in its two plants in Arad. more

09.11.2020

Cluj-based software company Life is Hard (LIH.RO) has increased its share capital by RON600,000, from RON2.4 million to RON3 million, per stock market data. more

09.08.2020

One United Properties, a real estate developer controlled by Victor Capitanu and Andrei Diaconescu, has completed the process of increasing its share capital by EUR25 million, for investments in the more

09.07.2020

Germany’s Daimler-owned automatic transmission manufacturing unit Star Assembly increased production capacity of the 8G-DCT transmission in August when it added another shift and created 145 new more

09.02.2020

Fabrica de Lapte Brasov, the producer of the Olympus dairy products, ended 2019 with 509 million lei revenue, up more than 8% compared with 2018, while profit halved to RON5.5 million, Finance more

09.02.2020

Dacia plant will return to a six-day work week for the first time in 2020, in order to increase production and ensure the new safety measures and Ford Romania will return to working in three shifts in more

08.25.2020

Euroins Romania, the second largest insurance company on the local third-party motor vehicle insurance (RCA), on Tuesday said it will increase its share capital by RON100 million, adding it paid more

07.22.2020

Rottaprint, the largest flexographic printing company producing self-adhesive labels and flexible packaging in Romania, reported an 18% increase in exports in January-June 2020, compared to the same more

07.17.2020

Romania’s Financial Supervisory Authority (ASF) has approved the Universal Registration Document of IT&C solution integrator and IT training services provider Bittnet Systems (BNET.RO), the first more

06.09.2020

German-held retailer Kaufland reported a turnover of RON11.8 billion in 2019, 8% higher than in the first half of 2018, per ZF calculations based on public data. more