03.29.2021

Investment fund Evergent Investments, formerly known as SIF Moldova, changes its ticker symbol on the Bucharest Stock Exchange from SIF2 to EVER, starting with March 29, 2021. more

03.29.2021

Online retailer eMAG announces investments of over $3.2 billion in the next three years, to support the development of the online commerce, and changes in its executive management team, with Tudor more

03.26.2021

Evergent Investments, formerly known as SIF Moldova, is proposing its shareholders a dividend of RON0.043/share, which ensure a yield of 3% at the closing price of stock market trading session of more

03.26.2021

MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, will be opening a new store in capital Bucharest, on March 30, following an investment of EUR1.65 more

03.25.2021

Jewelry store chain Teilor has contracted two loans from Raiffeisen Bank, of one of EUR1.6 million for working capital and one of RON5 million for investments. more

03.25.2021

Romanian investment fund Black Sea Fund, which targets SMEs, said Thursday it seeks to invest EUR15-20 million this year in three or four deals, two of which are currently in advanced talks. more

03.24.2021

Romanian state-owned Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has invested RON14 million in new product research and equipment in 2020, double compared with 2019, per more

03.18.2021

Online retailer eMAG reached total investments of nearly EUR155 million in Joita locality, Giurgiu County, along with its project that targets the construction of a logistic hub of 130,000 sqm more

03.11.2021

Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, said Thursday it is prioritizing the automation of its electricity distribution infrastructure. more

03.11.2021

German automotive group Continental invested over EUR150 million in its Romanian operations in 2020 and plans a similar investment budget for 2021. more

03.04.2021

Romanian regional investment fund Evergent Investments (formerly SIF Moldova) seeks to buy back approximately 8.3 million of its own shares at a price of RON1.6 per share, it said in a market report more

03.04.2021

“The pandemic year” was one of the peaks of the current economic cycle regarding investments in commercial real estate assets, with a 37% growth versus 2019, up to nearly EUR900 million, and the more

03.02.2021

Regional investment fund SIF Moldova (SIF2.RO) has received the approval of Romania’s Financial Supervisory Authority (ASF) to change its name to Evergent Investments, a measure proposed and more

02.25.2021

Romania's state-owned postal operator Posta Romana (CNPR)on Thursday announced the start of the largest investment of the last four decades for upgrades and digitalization. more

02.19.2021

Hungarian roofing systems producer Terran, which produces concrete tiles, is investing EUR500,000 at its production unit in Campia Turzii (Cluj County). more

02.10.2021

Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up for more

01.29.2021

Romanian state-owned hydropower producer Hidroelectrica plans to invest RON170 million in retrofitting works at the Bradisor hydropower plant. more

01.28.2021

Construction material manufacturer Joris Ide, held by Kingspan Group, targets investments of nearly EUR15 million in Romania until 2024. more

01.28.2021

Romania's leading electronics retailer Altex wants all stores, logistics parks and entities in its group to produce and use renewable energy, with the installation of solar panels, and total more

01.20.2021

Romania’s real estate investment market showed resilience in the face of the coronavirus pandemic in 2020, with the volume of transactions reaching EUR914 million, 28% higher than in 2019, per the more

01.18.2021

Turkish-owned real estate developer Opus Land will invest EUR29 million in the Cosmopolis project in 2021, approximately one third more than the investment carried out in 2020, according to SVN more

01.12.2021

Romania’s economy may see an annual average growth of 2.5% between 2020 and 2022, backed by a 6.7% increase in productive investments, against the backdrop of a favorable evolution in 2019, real more

01.12.2021

The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of 2020, with RON13 billion amassed in 2020 alone. more

01.11.2021

Romanian electricity distribution company E-Distributie Banat, part of Italian utility group Enel, invested RON127 million in digitizing and modernizing the power grids in western counties of Arad, more

12.23.2020

Businessman Omer Susli, the owner of home décor stores Homelux, has bought four buildings located in Barlad (two buildings), Tulcea and Drobeta Turnu Severin, from American-held investment fund more