01.26.2015

Four companies in Bega group, Bega Electromotor (ELTR.RO), Bega Minerale Industriale (BMIA.RO), BegaTurism (SCDE.RO) and Bega Tehnomet (TEHO.RO), will be delisted from Bucharest Stock Exchange as more

01.20.2015

The do-it-yourself stores, pharmacies and companies providing various types of services will enter the electronic commerce market this year, which is developing in full gear in Romania with more and more

12.17.2014

Romanian operating leasing company Fleet Management Services (FMS) was entirely acquired by Business Lease Group headquartered in The Netherlands and part of AutoBinck group, which thus extends its more

10.30.2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a net loss of almost 1.5 billion euros for the first nine months of the year, mainly due to write-downs at its Romanian and Hungarian units. more

10.13.2014

The financial statement of insurer Astra Asigurari for 2013 carried out by special administrator KPMG Advisory, appointed by financial authority ASF, does not reflect the reality and is artificially more

09.25.2014

Businessman Marius Bucur, who owns Brise Group, the biggest Romanian-held agricultural trader, in August registered NBFI Brise Capital Group. more

09.04.2014

Lithuanian real estate developer Hanner Group has completed the first out of four apartment buildings in the residential complex The Park in Bucharest, which will be finished in 2017 and will cost more

08.04.2014

Iulius Group, owned by businessman Iulian Dascalu, has leased out the entire space in its United Business Center Tower office building in Cluj, to be ready in September, as outsourcing firm Genpact more

08.01.2014

Romaqua Group, the producer of mineral water brand Borsec, became the biggest employer in the drinks industry, beating international names such as Coca-Cola HBC or Ursus Breweries, reveals a ZF more

07.31.2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a record loss for the first year-half, mainly due to higher provisions in Hungary and Romania and a low-interest environment in the markets more

06.25.2014

Mediafax Group, one of the leading media companies in Romania, and BAC Investment Banking, one of the largest players on the local mergers and acquisitions (M&A) consulting market, have joined the more

06.17.2014

Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million. more

06.12.2014

The RCS&RDS group is in talks with Lama Group, an energy and communications business of Czech businessman Petr Lamich, to sell its direct-to-home TV operations in the Czech Republic, communications more

05.27.2014

Vienna Insurance Group (VIG) reported a net profit of EUR611,000 in Romania in the first quarter of the year, from EUR5.3 million loss in the corresponding period a year earlier, the company said more

05.22.2014

The 31,000-square meter Green Gate office building in Bucharest has been delivered with a 60% occupancy rate and its owner, Czech-held S Group Holding, plans to rent the remaining space within a year. more

05.19.2014

Steel processor Proinvest Group Pascani posted a turnover of RON11.65 million (EUR2.6 million) in the first quarter, up 73% on the year, and expects a growth of 23% this year, to RON89 million (EUR20 more

05.13.2014

Vienna Insurance Group (VIG) expects its Romanian operations to turn a profit at the end of this year, following losses of EUR98.7 million in 2013, by adjusting its car insurance premiums to match more

05.12.2014

Czech-held S Group completed the construction of Green Gate office building in Bucharest, which is the biggest office project finalized this year in the capital city, with a rentable area of almost more

05.05.2014

Wind farm developer Monsson Group, controlled by businessman Emanuel Muntmark, has acquired a majority stake in Romanian company Emon Electric based in Campina (in southern Prahova county). more

04.29.2014

Microsoft, Linde Gaz and ZTE are among the tenants of the first office building of Optica Business Park compound developed in the western city of Timisoara by the Cristescu brothers, owners of Bega more

04.16.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) will be rebranded into CITR, and will be part of CITR Group, a group of companies specializing in personalized solutions for more

04.09.2014

Doina Cepalis, the Pascani entrepreneur who owns Te-Rox group of firms manufacturing children’s car seats, took over 50% in stock of Terox Bhs Impex of Botosani, where she has already started more

04.03.2014

Iasi-based group Arcadia, which includes Arcadia Hospital, Arcadia Policlinic and Arcadia Cardio, posted revenue of EUR9.24 million in 2013, up 20% on the year, and eyes double-digit growth for this more

02.17.2014

Alka Group, a major player on the Romanian sweets and coffee market, plans to double its turnover over the next five years and increase exports, which now account for just 10% of the sales. more

12.31.2013

Aqua Carpatica, the mineral water brand created by businessman Jean Valvis in 2010, has come to compete against traditional brands such as Borsec and Dorna in the past few years. more