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Port operator Comvex Constanta (CMVX.RO) posted RON277.3 million revenue in 2024, down 35% from the previous year.
Chimcomplex (CRC.RO), the largest chemical producer in Romania, with industrial sites in Onesti and Ramnicu Valcea, posted RON2.7 million consolidated net profit, down 89% from the RON18.6 million in 2023.
Romania’s industrial producer price index (PPI) increased by 3.3% year-on-year in March 2025, data from the country's statistical office INS showed on Tuesday (May 6).
Integrated communication agency Oxygen has announced the launch of Oxygen Media, a dedicated media planning & buying agency led by Cristian Costache as Senior Partner.
Oxygen, Romania’s largest independent integrated communications agency, announces the appointment of Veronica Placintescu as Strategic Communications Director, as per a press statement released on May 6.
Law firm bpv GRIGORESCU STEFANICA announces in a press statement on May 6 the promotion of four members of the team to senior positions.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has climbed to 6.08% on Tuesday (May 6), from 5.90% on May 5, in line with central bank data.
Interior Minister Catalin Predoiu, who is also deputy prime minister, has been named Romania's interim prime minister on Tuesday (May 6), following the resignation of Marcel Ciolacu, the president's office said on Tuesday.
The Romanian leu has dropped to an all-time low against the euro on Tuesday (May 6), as the central bank's reference rate stood at RON5.0378 lei per euro against the backdrop of political instability over the last two days following the first round of presidential election.
Romanian Prime Minister Marcel Ciolacu has announced his resignation after the ruling coalition’s pro-EU presidential candidate, Crin Antonescu, failed to reach the presidential election runoff.
Medima Health, the medical imaging network controlled by Vlad Ardeleanu, doctor Gheorghe Iana and investment funds Morphosis Capital and Integral Venture Partners, continues its nationwide expansion and opens its 26th unit, in Oradea, in the wake of a EUR1.6 million investment.
Romania pharma market in April 2024-March 2025 reached a total value of RON35.2 billion (EUR7.08 billion), 13.4% higher than in the year-earlier period, in line with Cegedim data.
Raiffeisen Bank ended the first quarter of 2025 with RON418 million net profit, up 7% from the year-earlier period, and RON84.8 billion total assets, up 18%.
After a start of the year with hesitations and adjustments, the car market in Romania witnessed the worst contraction of the last few months in April 2025, with a decline of nearly 25% in new car registrations.
Danube freight carrier Transport Trade Service (TTS.RO) on Monday notified the Bucharest Stock Exchange that its chief executive officer since 2014 Petru Stefanut would step down and be replaced by Ion Stanciu, the former deputy CEO, for a four-year term.
New apartment prices in Bucharest went up 6% before the elections, the highest price increase in this market segment, data from the real estate platform imobiliare.ro show. Other cities in the country saw increases in prices, too.
Romania's finance ministry on Monday (May 5) rejected all bids for government bonds maturing in April 2029, as it deemed the bid price unacceptable, central bank data showed.
Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has announced on May 5 that it has entered into an agreement with Banco Santander to acquire a 49% stake in Santander Bank Polska for approximately EUR6.8 billion.
Private pension fund Metropolitan Life, with assets of RON22 billion invested on behalf of 1.1 million Romanian employees, has exceeded the 5% holding threshold in Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, it announced in a stock market report on May 5.
Garanti BBVA has introduced an option that enables new individual customers to access banking products and services 100% online, directly from the Mobile Banking application.19260 items