05.11.2021

Irish company Alternus Energy Group has acquired a photovoltaic park with an installed capacity of 20 MW, in Giurgiu County, which was previously part of the portfolio of Risen Energy Solar Project. more

04.29.2021

Sphera Franchise Group, the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, targets restaurant sales of over EUR230 million in 2021, higher by 63% than the more

04.27.2021

MedLife Group (M.RO), the leader of the private medical services market in Romania, targets a turnover of over RON1.2 billion, on a group level, in 2021, up 15% on the year, according to its revenue more

04.26.2021

Venture capital fund Mozaik Investments, with regional focus, has bought into Flavours Group, which includes the Stradale restaurant chain, and has a EUR5 million expansion plan. more

04.21.2021

TeraPlast Group ended the first quarter of 2021 with a consolidated net profit of RON200.6 million, versus RON6.14 million in the same period in 2020, which also comprises RON189.4 million more

04.20.2021

International Finance Corporation (IFC), member of the World Bank Group, has granted a EUR72 million green loan to Romanian developer Iulius Group for the development of Palas Campus, an eco-friendly more

04.19.2021

Provita Group, one of the leading medical center providers in Romania, founded by dr. Ovidiu Palea, said it will be investing EUR12 million in a multi-disciplinary hospital after signing a 25-year more

04.19.2021

Logistics developer Element Group, founded by Ionut Dumitrescu, announced Monday it has acquired a 2.7-hectare land near Pitesti, in close proximity to the A1 highway. more

04.19.2021

BRK Financial Group (BRK.RO), the only brokerage company listed on the Bucharest Stock Exchange, reported a consolidated net profit of RON10.7 million for the first quarter of 2021, compared with a more

04.14.2021

For the first time since French Renault Group acquired Dacia brand, under the leadership of Luca de Meo, the Dacia brand will have its own Board of Directors, alongside Lada, considering that the more

04.13.2021

Italy’s UniCredit Group, which holds the fifth largest bank on the Romanian market by assets, has approved the appointment of Sorin Dragulin to the position of Chief Executive Officer (CEO) of more

04.12.2021

Counsel Group Frankfurt (CGF), specialized in providing software services and solutions, which owns offices in the cities of Bucharest and Iasi, continues its local expansion and is about to invest more

04.08.2021

Nordis Group, a real estate developer founded by Emanuel Postoaca, on Thursday announced the extension of its projects on the Romanian seaside by acquiring lands of over 23,000 square meters in Mamaia more

04.06.2021

Vivendi International Group has sold City Insurance Romania, the largest insurance company on the local market, to I3CP, a global investor based in the Netherlands, the insurer said in an announcement more

04.02.2021

BRK Financial Group becomes the first Issuer’s Market Maker for bonds on the Bucharest Stock Exchange and will provide market making services starting April 6 for the EUR6.6 million bond issue more

04.02.2021

Belgian investor Mitiska Reim Group, specialized in developing shopping centers, has obtained a loan of EUR123 million to refinance its entire portfolio in Romania. more

03.30.2021

Pharmaceutical wholesaler and retailer group Dona, owned by Eugen Banciu, had a consolidated turnover of RON1.48 billion in 2020, up 9% on the year. more

03.29.2021

Razvan Stefan Lefter, member of the board of directors of Sphera Franchise Group (SFG.RO), has bought 11,000 company shares for a total of RON168,300, the company said in a market report Monday. more

03.29.2021

Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Monday reported a turnover of RON2.51 billion for 2020, slightly lower than RON2.78 billion in 2019, and a more

03.22.2021

Real estate developer Iulius Group has started work on the first Family Market retail project, a EUR7 million investment in Miroslava, Iasi county. more

03.15.2021

Real estate developer Oasis Retail Development & Consulting, owned by Klaus Reisenauer and Kurt Wagner, has taken a EUR9 million loan from OTP Bank to build a 60,000-square-meter retail park in the more

03.15.2021

Dutch property management group MVGM, which acquired JLL’s European property management business in ten European countries, said Monday it was adding NorthLight Residence in Bucharest to its more

03.11.2021

Giant Amazon will have a majority presence in Palas Campus, a project worth EUR120 million of Iulius Group, which is to become one of Amazon’s most powerful centers in Europe. more

03.11.2021

Aaylex Group, owned by entrepreneur Bogdan Stanca, which produces and sells poultry meat under the Cocorico brand, has invested EUR15 million in a new production unit to produce all-natural chicken more

03.11.2021

Romanian Bega Group, owned by Marius and Emil Cristescu, opened the new ibis Timisoara City Center hotel at the beginning of March, following an investment of EUR10 million. more