12.05.2024

The Macroeconomic Confidence Index of CFA Romania Association plunged in November by 13.5 points to 31.4 points, the lowest level since July 2020, shows the association’s latest survey. more

11.29.2024

Russian cybersecurity solutions provider Kaspersky decided on September 1 to close its company in Romania, which it had established 16 years previously, according to a document published in the more

11.29.2024

The electricity distribution companies Reţele Electrice Muntenia, Reţele Electrice Dobrogea and Reţele Electrice Banat, part of the PPC Group in Romania, are merging under the name Reţele more

11.29.2024

Romanian authorities issued 3,165 residential building permits in October 2024, 9.3% fewer than in September 2024 and 5.4% more than in October 2023, data from the country’s statistics board INS more

11.28.2024

CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a real GDP more

11.26.2024

Sanitary ware manufacturer Cersanit Romania, held by Poland’s Rovese group, for 2023 reported a turnover of RON160.6 million (nearly EUR32.5 million), down 21.9% from RON205.8 million (EUR41.7 more

11.26.2024

Polish-held rolling stock producer PESA will deliver the first trains to Romania in mid-2025 and start the homologation process with the Romanian rail watchdog AFER. more

11.25.2024

HORSE Romania, a unit of Horse Powertrain, has reached a total of 2,600 employees via its locations in Mioveni, Titu and Bucharest. more

11.25.2024

Agrii Romania, a fertilizer producer and farming input wholesaler owned by Irish group Origin Enterprise, has invested EUR3.5 million from own funds in two repacking lines at its Timisoara plant. more

11.21.2024

Law firm Clifford Chance Badea has advised PPC Group in closing the EUR700 million transaction through which it acquired the Romanian renewable energy portfolio of Evryo Group, owned by Macquarie more

11.14.2024

Erste Group, the owner of Banca Comerciala Romana (BCR), said in a report released on Thursday (Nov 14) that it had lowered its full-year economic growth forecast for Romania to 0.8%, down from its more

11.11.2024

Greece's AKTOR Group of Companies sees Romania as a key market in the coming years and plans to boost its portfolio in the local market by participating in new infrastructure projects within its more

11.08.2024

Starting November 26, 2024, the shares of two new companies listed on the Bucharest Stock Exchange, namely Turbomecanica (stock symbol: TBM) and Prebet Aiud (stock symbol: PREB), will be included in more

11.06.2024

IKEA Romania has appointed two market managers for its Baneasa and Pallady Bucharest stores, overseeing other customer meeting points across the country, such as the order pick-up points and the more

11.05.2024

Distribution company Delgaz Grid, part of the E.ON group in Romania, on Nov 5 started modernization works at the Iasi Sud transformer station, a project worth a total of over RON73.3 million, of which more

11.05.2024

Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to UniCredit more

11.04.2024

PwC Romania has announced Ruxandra Tarlescu took over the leadership of PwC Romania’s Tax and Legal Department from Daniel Anghel, starting November 1, 2024. more

10.31.2024

One of the most twisted deals in the history of Romania’s telecom market, the sale of Telekom operations, has taken a completely unexpected turn: Vodafone Romania will participate in the deal for more

10.31.2024

Julius Meinl Romania, a major player on the premium coffee market, in 2023 registered turnover worth RON92.1 million (EUR92.1 million), up 21.4% from 2022, in line with ZF calculations based on more

10.30.2024

Polystyrene producer Austrotherm Romania, the local subsidiary of the Austrian group of the same name, for 2023 reported turnover worth RON177.5 million (around EUR35.9 million), down 29.9% from 2022, more

10.28.2024

A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings the more

10.25.2024

Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, reported turnover worth around RON297 million (EUR60 more

10.24.2024

Romania's Competition Council has announced on October 24 that it authorized the transaction by which the Kinstellar network of law firms, through Kinstellar SPARL, intends to take over Noerr more

10.24.2024

Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from more

10.22.2024

Maria Zoicas is joining ING Bank Romania as Head of the Human Resources Department, effective November 2024. more