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Fraher group, controlled by Hertea brothers, wants to expand TU dairy production and become the largest producer of mature cheese in Romania, explained Nicolae Hertea, Fraher co-founder.
December 2024 brought a strong price increase on the Bucharest market of old three-room apartments after a year and a half of advances.
EXE Software, a Romanian bespoke software development company, saw business growth in 2024 almost double the 10% target set at the beginning of the year.
At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate (ITM) Sibiu, which did not specify the name of the company affected by these measures.
Softbinator Technologies (stock symbol: CODE), a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing), has announced in a stock market report on Jan 9 the signing of a contract worth roughly RON3 million (VAT not included).
Romania's Finance Ministry raised RON1.28 billion from banks on Thursday (Jan 9), selling government paper in two auctions, at annual average yields of 7.09% and 7.39%, respectively.
Retailer La Cocos, famous for its low pricing strategy, announces the opening of its first hypermarket in Brasov (central Romania) on January 24.
The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an essential time for Romania in a difficult regional context, but with opportunities to match.
Romanian authorities issued 2,729 residential building permits in November 2024, 13.8% fewer than in October 2024 and 1.1% more than in November 2023, data from the country’s statistics board INS showed on Thursday (Jan 9, 2025).
Romania's Competition Council fined the companies Holcim Romania S.A., Romcim S.A. and Heidelberg Materials Romania S.A. a total RON217.96 million (approximately EUR43.7 million) for coordinating pricing policies.
Entrepreneurial company Visual Fan, controlled by Lucian Peticila and that owns Allview brand, has completed the implementation of four photovoltaic projects for Autoliv Romania, the local subsidiary of Swedish group Autoliv.
Holde Agri Invest, one of Romania’s largest farmland operators, has announced changes in its shareholding structure, as well as the strategy for its development in coming years.
Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the name of Credit Europe Bank N.V. Amsterdam Sucursala Bucuresti.
Presented for the first time internationally in October 2024, at Paris Motor Show, the Dacia Bigster model can be ordered in Romania starting today, January 9, 2025.
Romania houses are still among the most affordable in CEE, as average wages have risen in the past five years at a faster clip that housing market prices, reveals the latest analysis quoted by Colliers.
International Workplace Group, the world’s largest hybrid work solution provider, with brands such as Spaces and Regus, is opening a new flexible work space in Bucharest, in Vastint Business Garden building, in a bid to meet the ever rising demand for such spaces on the local market.
Employers posted almost 300,000 new jobs in 2024 and around 11 million applications were registered, reveals Review & Trends annual report drawn up by eJobs Romania.
Medima Health, the medical imaging network controlled by Vlad Ardeleanu, doctor Gheorghe Iana and investment funds Morphosis Capital and Integral Venture Partners, has set out clear directions for 2025: expansion and investments in HR and equipment.
The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated operations worth RON32.3 billion in 2024, securing a 90.9% market share, as per data aggregated by Ziarul Financiar (ZF) daily from stock market data.
Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives said on ZF Live.19782 items