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Today Saturday, February 24, 2024 in the Romanian Newspapers



Romania Private Lending Up By 5.7% YoY To RON384.7B In January 2024
Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024). Feb 23, 2024
 





Electromagnetica Slips Into The Red In 2023 With RON32M Loss
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the (...)
Feb 23, 2024

 
Aerostar Bacau Profit Up 3% To RON93M In 2023
Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93 million net profit in 2023, 3% higher than in 2022.
Feb 23, 2024

 
Romania’s Consumer Protection Agency blocks access to most areas in Baia Mare train station
Inspectors from the Consumer Protection Agency, or ANPC, recently closed most areas of a CFR train station in the city of Baia Mare, North-Western Romania, due to the dangers it posed to (...)
Feb 23, 2024

 



Over 775 Ukrainian companies entered Romania since the Russian invasion
Over 775 Ukrainian companies have entered the Romanian market since the Russian invasion on February 24, 2022, up to the present, according to data provided by the National Trade Register Office (...)
Feb 23, 2024

 
International Literature Festival Odesa kicks off in Bucharest
After the start of the war in Ukraine, the organizers of the International Literature Festival Odesa had a choice: either cancel or postpone the event or hold it in a city in the region of the (...)
Feb 23, 2024

 
Study: Average broadband speed in Romania reaches 257 Mb/s, Orange dominates mobile
A nPerf study carried out exclusively by end customers revealed that the average broadband internet download speed in Romania reaches 257 Mb/s, above the one in countries like Germany or (...)
Feb 23, 2024

 
ICon Arts festival holds new edition in villages and cities in Romania’s Transylvania this summer
The 22nd edition of ICon Arts Transilvania, one of the longest-running festivals dedicated to classical music, jazz, and contemporary arts, will take place between July 20 and August 11 in (...)
Feb 23, 2024

 
Romania’s Modern Retail Space Stock Stands At More Than 4.3M Sqm
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report (...)
Feb 23, 2024

 
French pharmaceutical company Biocodex enters Romania
French pharmaceutical company Biocodex said on Thursday, February 22, that it consolidated its presence in Southeastern Europe by opening a subsidiary in Romania, which also covers the (...)
Feb 23, 2024

 
OVES Enterprise Invests EUR100,000 In Small Drone Manufacturing Line
OVES Enterprise, a software development company and drone manufacturer, is expanding its drone production and investing EUR100,000 in a new line dedicated to manufacturing small-sized drones (...)
Feb 23, 2024

 



Uber Launches UberX Share In Romania
US-held Uber, which operates one of the largest mobility platforms worldwide, on Thursday announced the launch of UberX Share service in Romania, in Bucharest, at the same time as in Poland, (...)
Feb 23, 2024

 
Le Figaro Littéraire dedicates the front page to three famous Romanian writers
Famous French publication Le Figaro Littéraire dedicated the front page of its February 22, 2024, edition to three famous Romanian writers, Eugène Ionesco, Panait Istrati, and Emil Cioran, “the (...)
Feb 23, 2024

 
Pepco Could End 2024 With 500 Stores If Expansion Continues At Same Pace
Fashion discount store chain Pepco, Romania's leading fashion retailer by sales in 2022, according to the latest public data, could end the year with 500 stores in the country if it continues (...)
Feb 23, 2024

 
Kaufland Opens Fifth Store In Constanta, Grows To 175 Hypermarkets In Romania
German-held retailer Kaufland has opened its fifth store in Constanta, bringing its network to 175 stores in Romania.
Feb 23, 2024

 
Tech Company Blankfactor Leases 35TH Floor Of SkyTower In Bucharest
Blankfactor, a global provider of technology and end-to-end digital transformation services for financial services, has leased the 35th floor of the SkyTower building in Bucharest, the tallest (...)
Feb 23, 2024

 
C&A Only Works With Five Apparel Plants In Romania Now
Fashion group C&A, which has over 1,300 stores in 17 countries around the world, is still working with only five partner factories in Romania that make clothes for the Dutch brand. The (...)
Feb 23, 2024

 
Two years of war in Ukraine: Uncertainty persists but Romania will continue to stand by its neighbor, president says
Romania has shown solidarity with Ukraine since the war started two years ago and will continue to stand by its neighbor on the road to regaining freedom and independence, president Klaus (...)
Feb 23, 2024

 



 
 
Sphera Franchise Group invests approximately EUR 1 mln in the opening of the fourth KFC restaurant in Sibiu

Acclaimed musical Chicago to be staged in April at the Bucharest Metropolitan Circus

Transilvania Broker De Asigurare Ends 2023 With RON7.6M Net Profit

Colliers: 2023 was a good year in terms of retail project deliveries in Romania

Transport Trade Services Seeks To Buy Back Shares Up To RON12.6M

Consumer protection authority temporarily shuts down more World Class fitness clubs in Romania

Trade union at Posta Romana wants management probed for corruption

Romania’s president may be Eastern Europe’s candidate for NATO top seat

NEPI Rockcastle may have to pay extra after ongoing tax inspection at its Romanian shopping malls

Raiffeisen Bank Romania reports 39% higher net profits in 2023 and a 20% share of ESG assets

Bucharest Stock Exchange’s blue-chip index BET breaks the 16,000-point threshold

Romanian GapMinder sets up EUR 80 mln VC fund with EU, EBRD among investors

No ruling yet on USD 6.7 bln litigation over Rosia Montana gold mining project in Romania

Finance Ministry Raises RON340M From Banks On February 22, 2024

GapMminder Launches New EUR80M Investment Fund For Tech Startups

Active Plus Lowers Lion Capital Stake By Almost 5%

"La Grande Bellezza" to take place at the Romanian Athenaeum on Dragobete

Romania represented by two films at the first edition of the European Film Festival in Vienna

The Romanian company Limitless Agency was awarded by the giant Google for online performance

Flight Festival brings James Arthur to Timișoara this summer

Survey: Bucharest residents most dissatisfied with air quality, waste management

Uber’s shared rides service available to Bucharest users

Romanian Football Federation to establish five new football classes for girls in high schools

Romanian bookstore chain Cărturești launches book redistribution program

Telekom Romania Mobile Revenue Slightly Down In Q4'23, Significant Improvement On Previous Quarters

Diviodent enters its 20th year of activity with business of EUR 2.4 mln, up 20% compared to 2022. Focus on innovation and sustainability in oral care

PwC: Romania climbs to 28th place in ranking of 33 most attractive EMEA countries for private companies

University of Bucharest to withdraw Doctor Honoris Causa title awarded in 1973 to Nicolae Ceaușescu

Meet the CTOs from +$10 bln companies at Techsylvania 2024

Romanian Tech Startup DRUID Reports $13M ARR in 2023

Romania’s OVES Enterprise invests EUR 100,000 in new small-sized drone manufacturing line

C&W Echinox: Real Estate Deals worth over EUR600M Are Under Advanced Negotiations; 2023 Traded Volume Likely to be Matched in 1H/2024

Raiffeisen Bank Romania: 2023, the year of financial planning and sustainable lending

Bucharest mayor claims investments in heating system led to reduced losses, problems still remain

Romanian Tudor Giurgiu’s Libertate coming to Netflix in March

2Performant 2023 Net Profit Trebles To around RON900,000

Raiffeisen Bank Romania Ends 2023 with RON1.7B Profit, Up 39% YOY, RON3.7B Income, 16% Higher

Turkey’s Karsan Otomotiv Set to Deliver 11 Electric Buses to Satu Mare City Hall for RON64M

Weekend calendar: International Literature Festival Odesa, Dragobete & Mărțișor fairs, One World Romania warm-up and more

Revolut Set to Launch Mortgage Loans and Savings Accounts

 


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