05.11.2022

Tobacco company Philip Morris International (PMI) on Wednesday said the sales of Philip Morris products on the Romanian market generated RON1.9 billion in excise taxes and RON0.6 billion in more

04.01.2022

EMI, a company specialized in integrated solutions and services for industrial access, will invest up to EUR15 million in 2022 for the two acquisitions on the Belgian market and to strengthen more

03.24.2022

The conflict in Ukraine is impacting the way Romanian companies, especially those involved in international trade, do business during this period, with the number of firms resorting to risk management more

03.24.2022

ABN Systems International, an entrepreneurial company that distributes IT&C products and accessories and owns the Tellur brand, proposes its shareholders a dividend of RON0.105 per share and the more

02.09.2022

The Bucharest Stock Exchange on Wednesday said the shares of ABN Systems International will start trading on Monday (February 14) after the successful completion of the first Initial Public Offering more

02.08.2022

Romanian DRUID, a local startup specialized in developing chatbots, has concluded a partnership with Omnix International, a leading provider of end-to-end digital solutions in the Middle East, part of more

02.07.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from more

02.04.2022

Marius Vinatoru, marketing manager of International hotel of Sinaia, says 30% higher turnover has been budgeted for this year. more

02.01.2022

Almost 500 rooms in hotels set to operate under international brands will be delivered on the market this year in Brasov, Cluj-Napoca and Timisoara in the wake of total investments put at over EUR50 more

01.26.2022

Ana Birchall, former social democrat justice minister back in 2019, was appointed Special Envoy for Strategic and International Affairs at Romania's nuclear power producer Nuclearelectrica (SNN.RO). more

01.21.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, on Friday said it started the implementation of the financing plan for 2022, with two transactions more

01.21.2022

Romania’s Competition Council has approved a transaction whereby Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), acquired in October 2021 the majority stake in more

01.19.2022

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01.14.2022

Cristian Dumitrescu, general manager of Alexandria-based Time International, says he hopes the company gets to sell 50 million masks this year and generate profit of about EUR300,000”. more

12.23.2021

One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International for the more

11.23.2021

Romanian company ABN Systems International, owner of Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, reported total revenue of RON78.7 million (EUR15.9 more

11.01.2021

The Bucharest Stock Exchange on Monday said the bonds issued by Chronostyle International, the company that operates the Cellini stores, would start trading on Tuesday, November 2, 2021. more

10.14.2021

Domestic company ABN Systems International, owner of Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, wants to boost its exports and enter new markets, more

10.06.2021

Romania's food retail sector reached EUR19 billion in 2020, rising further despite the pandemic. The upward trend will continue, with the sector expected to grow on average 5% per year and reach EUR25 more

09.29.2021

Local company ABN Systems International, the holder of the Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, registered net profit worth RON2.4 million more

09.21.2021

The Avram Iancu international airport in Cluj-Napoca carried its 1,000,000th passenger on Tuesday, Sept 21, 2021. more

09.16.2021

Local company ABN Systems International, the holder of the Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, plans to list on the Bucharest Stock Exchange more

09.09.2021

Ramada by Wyndham Targu Jiu hotel, the first four-star hotel under an international brand in Gorj county, opened on September 1. Prices per overnight accommodation start from RON329, in line with more

08.26.2021

Despite the steepest crisis the hospitality industry is coping with, investors’ interest has not dwindled as they are betting on projects worth tens of million euros in this field. more

08.06.2021

In the first six months of 2021, international chains opened 170 units of the around 400 previously planned. Some networks are stepping up expansion in 2H to hit their target. more