Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.
State-owned gas producer Romgaz has appointed Dumitru Chisăliță as the new Chairman of the Board of Directors.
Romcim, a CRH company, has further solidified its position in the Romanian construction industry by acquiring two concrete production facilities from BCC Agregate Betoane.
7X Partners, a private equity investment company, has acquired a 40% stake in Leventer Medical Group, a centre for dermato-oncology based in Bucharest.
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.
Solero Technologies, a global supplier of automotive components, has announced a significant expansion into Europe through the acquisition of Kendrion's automotive business.
The European Bank for Reconstruction and Development (EBRD) has announced the launch of an international tender to find new investors for Giurgiulești International Free Port.
SmartBill, the local provider of billing and management software solutions part of Visma group, has announced the appointment of Alex Leca as its new CEO.
The Environment Fund Administration (AFM) has announced that 26 recycling plants are set to be built in Romania, backed by funding of RON 674.75 million.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
Diehl Aviation, the German system supplier of aircraft system and cabin solutions, is set to broaden its global footprint by establishing a new production site in Romania.
Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports.
Global IT service provider Sigma Software Group has announced the opening of its first engineering hub in Romania, marking a significant expansion of its European presence.
Holland Automotive Group of Canada has acquired the dealerships of Forza Rossa and British Motors in Romania.
Showpad, a global leader in AI-driven revenue enablement technology, has announced the launch of its new R&D centre in Bucharest.
Cross-border ecommerce transactions in CEE have seen a significant surge, climbing by 15% to reach €24 billion in 2024 compared to 2023.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Carrefour Romania has announced the appointment of Anne-Sophie Bauwens as its new CFO and Member of the Executive Committee.
Israel's national airline El Al has announced the signing of a partnership with Romanian state-owned airline Tarom.
Catalyst Romania Fund I has announced the sale of its shares in avocatnet.ro, a Romanian Information as a Service platform specialising in compliance and regulatory insights.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,