03.08.2023

Romanian state-owned energy utility group Electrica (EL.RO) on Wednesday reported a consolidated net profit of nearly RON560 million for 2022, compared to a loss of RON552 million in 2021, and revenue more

03.02.2023

State-run Oil Terminal (OIL.RO) received approval from the Energy Ministry to start negotiations with real estate developer Iulius Group on a EUR815 million urban regeneration project in Constanta. more

02.27.2023

Italy’s Calzedonia Group, one of the world’s leading fashion retailers, will be opening three stores under the brands Calzedonia, Intimissimi and Intimissimi UOMO, within the Palas Iasi mixed-use more

02.24.2023

After an intense 2022 in terms of investments for Nord Group (the former Provita), which included the takeover of a stake by MedLife, the first half of 2023 will bring under the healthcare more

02.21.2023

Libra Internet Bank and Oradea-based real estate developer Prima Development Group have concluded a financing agreement worth EUR16.8 million for the construction of Phase 1 of the PRIMA Vista project more

02.20.2023

Maxagro Group, which is owned by brothers Ianco and Ioji Zifceak and cultivates 10,000 hectares with grain conventionally in Timis county and 1,800 hectares in an ecological system, ended 2022 with a more

02.16.2023

Agricover, a significant player in the Romanian agribusiness sector, has appointed Bogdan Dimcea to the position of Chief Executive Officer (CEO) of Agricover Distribution SA. more

02.16.2023

Clifford Chance Badea advised the bank syndicate including Banca Comerciala Romana S.A. and Erste Group Bank AG in connection with the financing of the acquisition by Austrian group Enery Power more

02.10.2023

BVB Group, which includes the Bucharest Stock Exchange, the Central Depositary and CCP.RO, in 2022 posted RON56 million operating revenues, 22% higher than in 2021, on the rising revenues on all more

02.09.2023

East Group (Cluj County), controlled by several entrepreneurs from Romania and Hungary, ended 2022 with consolidated revenue of RON1.063 billion (EUR215.7 million). Grain trader East Grain, the more

02.08.2023

BRD Group in 2022 generated RON3.45 billion revenues, up 11.7%, while profit rose by around 1.4%, to RON1.33 billion. more

02.06.2023

Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of more

02.02.2023

Sphera Franchise Group (SFG), the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, and of KFC units in Chisinau (Republic of Moldova) and Italy, has appointed Andrada more

01.31.2023

Meta Estate Trust (MET.RO), a holding company that operates in the real estate sector and is listed on the Bucharest Stock Exchange (BVB), has benefitted from the Issuer's Market Maker services more

01.26.2023

Wolf Theiss acted as legal advisor to Raiffeisen Bank International AG (RBI) and its subsidiaries in CEE in nine Debt Capital Markets trades in three jurisdictions, Austria, Romania and Hungary, in more

01.18.2023

Delivery service company Sameday Group ended 2022 with a turnover of RON800 million, up 28% from 2021, after entering the markets of Hungary and Bulgaria and expanding the easybox network by 58%. more

01.12.2023

Real estate developer Globalworth, one of the leading investors in office space in Central and Eastern Europe, has signed financing contracts for two new credit facilities worth EUR160 million, with more

01.12.2023

Raiffeisen Bank is the first bank in Romania to enhance business financing through a synthetic securitization under a new cooperation with the European Investment Bank (EIB) and the European more

01.05.2023

Qualitance, an international technology and innovation company founded 15 years ago by Romanian entrepreneurs Radu Constantinescu and Ioan Iacob, becomes part of French Alten Group after Romania’s more

01.03.2023

Real estate developer Belgian Atenor has signed a contract regarding its intention to sell the office compound @Expo of Bucharest’s Expozitiei area to Adventum Group. more

12.28.2022

Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, has announced the successful closing of a private placement for corporate bonds. more

12.23.2022

Prima Development Group, a real estate developer of Oradea, has started works for a real estate project in northern Bucharest, set to be developed in two stages. more

12.22.2022

Romania’s Competition Council has approved the transaction by which NewOpCo Hungary, a branch of Waterland Group, acquires some assets of Cargill Group from Hungary. more

12.22.2022

A team of lawyers specialized in mergers and acquisitions (M&A) of D&B David si Baias, the connected law firm of PwC in Romania, has assisted Viisoara Agro APS during the process of selling the more

12.21.2022

GoIT, the international company for beginner IT training courses, which started its activity on the Romanian market almost two months ago, estimates a turnover of EUR50,000 at the end of 2022. more