08.05.2024

The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide EUR24.4 million funding to INVL Renewable Energy Fund I, a fund investing in renewable more

08.02.2024

Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC more

08.02.2024

BCR Group, which includes the second largest bank on the local market, in the first half of 2024 generated net profit worth RON1.31 billion (EUR264 million), up 18.3% from the H1/2023 gain amid rising more

08.01.2024

TotalSoft Group, one of the largest software developers in Romania, targets an annual 11% increase in its consolidated turnover in 2024, up to nearly EUR34.5 million at the end of the year, as per more

08.01.2024

Italy's Intesa Sanpaolo Group, which has recently finalized the acquisition of First Bank (Romania), ended the first half of 2024 with net profit of EUR4.8 billion, up 13% year-over-year. more

08.01.2024

International law firm CMS assisted OTP group in completing the sale of Romania operations to Banca Transilvania, the largest lending institution in Romania by assets. more

07.31.2024

On Wednesday, July 31, 2024, the Bucharest Stock Exchange system recorded transactions worth almost RON8 million with 5.68 million shares of Agroland Business System (stock symbol: AG.RO), at a price more

07.30.2024

City Grill Group, one of the leading actors in the Romanian restaurant industry, founded by Dragos Petrescu, ended the first half of 2024 with a turnover of EUR31 million, up 18% from the same period more

07.22.2024

Energy Policy Group (EPG), an independent organization specialized in energy-related policies, has analyzed Romania's National Integrated Energy and Climate Change Plan (PNIESC) and found multiple more

07.15.2024

Administrative and compliance service provider TMF Group has signed a lease for 1,700 square meters of office space in America House, the office building whose owners include Morgan Stanley, along more

07.15.2024

The Competition Council has approved the transaction whereby Banca Transilvania S.A. intends to acquire OTP Bank Romania S.A., OTP Leasing Romania IFN S.A., OTP Asset Management Romania S.A.I. S.A., more

07.11.2024

Pretzel shop chain Luca has in less than 15 years reached turnover of half a billion lei (RON526 million in 2023) after fast growth supported by expansion on the one hand, the network comprising more

07.08.2024

Romania's Competition Council has approved the transaction whereby the OTTO Group, through EOS Credit Funding DAC and EOS Finance IFN S.A., intends to take over a portfolio of performing and more

07.05.2024

Romania's Competition Council approved the transaction through which France's Ardian France S.A.S. intends to acquire Alstef Group S.A.S. and its subsidiaries, including Alstef Roumanie S.R.L. more

07.05.2024

The most important investment project for pharmaceutical group Zentiva Romania in 2024 is to manufacture at its two plants in Bucharest medical drugs included in the parent company's portfolio. more

07.01.2024

Medical services network MedLife has announces in a stock market report on Monday (July 1) the signing of a new transaction regarding the acquisition of the entire package of shares in the Antares more

06.21.2024

Alu Menziken, a company part of Montana group founded by Austrian entrepreneur Michael Tojner, has been acquired by Chinese group Inner Mongolia Mengtai Group Co., Ltd., in line with an announcement more

06.13.2024

Alexandrion group, the largest local spirits producer and one of the biggest players on the wine market, has carried out a new rebranding for the winemaker of Gura Vadului, which is now named more

06.11.2024

Travel agency Litoralulromanesc.ro, owned by local entrepreneur Ionut Nedea, which sells holiday packages on the Romanian seaside, has been acquired by Szallas Group, part of Polish group Wirtualna more

06.04.2024

Romanian brokerage firm BRK Financial Group [BSE:BRK] will act as issuer market maker for Sphera Franchise Group [BSE:SFG], the Bucharest Stock Exchange (BSE), starting with June 4, 2024. more

06.03.2024

Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, has opened the first KFC restaurant (a drive-thru unit), in the city of Hunedoara, in the more

05.31.2024

Italy's Intesa Sanpaolo Group has officially completed the acquisition of First Bank Romania from US private investment firm J.C. Flowers, and thus climbs in the ranking of ten largest banks in more

05.29.2024

Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, reported gross written premiums of nearly EUR4.3 billion for the first quarter of more

05.29.2024

Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, plans to open six units this year and go beyond the 170-unit threshold in the restaurant portfolio, more

05.28.2024

DN Agrar Group, Romania’s largest integrated livestock farm, in the first quarter of 2024 posted RON40 million turnover, down 9%, and RON8 million net profit, 5% lower than in the year-earlier more