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INS: Romania Building Permits Down 8.8% YoY In October 2023
Romanian authorities issued 3,002 residential building permits in October 2023, 2.6% fewer than in September 2023 and 8.8% fewer than in October 2022, data from the country’s statistics board (...)
Nov 29, 2023
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Electrica Attracts New Non-Reimbursable Financing Worth EUR17.4M Through Modernization Fund
Electrica (EL.RO), an electricity supply, distribution and generation company, has announced shareholders and investors in a stock market report that its subsidiary Distributie Energie Electrica (...)
Nov 29, 2023
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Visual Fan Posts RON3.3M Net Profit, RON64M Revenue In Jan-Sep
Electronics manufacturer Visual Fan (ALW.RO), which owns the Allview brand, ended the first nine months of 2023 with RON64.3 million revenue for the entire group, down from RON78.5 million in (...)
Nov 29, 2023
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Agroserv Mariuta Posts RON59.8M Sales, RON1.5M Loss In Jan-Sep
Agroserv Mariuta (MILK.RO), a Romanian agribusiness company and owner of the Laptaria cu Caimac brand, posted RON59.8 million sales in the first nine months of 2023, an increase of 9% on the (...)
Nov 29, 2023
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Rompetrol Rafinare Completes $6.5M Investment In Modernization Of New Tanks In Storage Park Of Petromidia Navodari Refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has announced in a stock market report on Nov 29 that it completed the modernization of two new tanks in the (...)
Nov 29, 2023
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Banca Transilvania Raises EUR500M Via MREL Bonds From International Market
Banca Transilvania (TLV.RO) financial group has again tapped international markets, raising EUR500 million via MREL (minimum requirement for own fund and eligible liabilities) bonds due in five (...)
Nov 29, 2023
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EMI Group Concludes Partnership With Romanian Firm KADRA For Process Optimization
EMI Group, a top European provider in the field of industrial access solutions has concluded a partnership with Romanian company KADRA, the leading provider of integrated solutions for (...)
Nov 29, 2023
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More Than 25% In Dairy Producer Bonas Change Hands In Two Deals
A total of 3.1 million shares of Cluj-based dairy producer Bonas Import Export (BONA.RO) changed hands in two deals on the Bucharest Stock Exchange on Wednesday.
Nov 29, 2023
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OMV Petrom Partners Up With Vulcangas Romania To Open First LNG And CNG Filling Station In Petrom Network
OMV Petrom, the largest integrated energy company in Southeastern Europe, has announced in a stock market report on Nov 29 that it has entered into a partnership with Vulcangas Romania for (...)
Nov 29, 2023
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“An EPIC Transformation: From Rust to Riches” tells the story of Romania’s incredible journey in the last 30 years
Most Americans know little of Romania and especially about the country’s evolution in the last 30 years. To fill this knowledge gap, co-authors Dan Dimancescu and Andrei Chirileasa have written (...)
Nov 29, 2023
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Dacia unveils third generation of best-selling Duster model
Romanian carmaker Dacia, a member of the French group Renault, has unveiled the third generation of the Duster, a popular model that has sold over 2.2 million units in 13 years. The car will be (...)
Nov 29, 2023
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Romanian fugitive mayor detained by German police
The mayor of Baia Mare, Cătălin Cherecheș, was detained by the police on Tuesday evening, November 28, in the German city of Augsburg. He had evaded jail by running from Romania after being (...)
Nov 29, 2023
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Romanian Senate lifts immunity of former PM Florin Cîțu in COVID vaccine probe
The Romanian Senate voted to lift the immunity of former prime minister Florin Cîțu, currently a Liberal (PNL) senator, as part of the DNA investigation into the purchase of COVID-19 vaccines. (...)
Nov 29, 2023
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Canada Goose Acquires Operating Assets Of Romanian Firm Paola Confectii Manufacturing
Luxury apparel manufacturer Canada Goose has purchased the operating assets of Romanian clothing company Paola Confectii Manufacturing from Titu (Dambovita County), the local partner of Canada (...)
Nov 29, 2023
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French police detains Romanian fugitive cult leader Gregorian Bivolaru
French police detained Romanian fugitive Gregorian Bivolaru in Paris, along with 40 other individuals, taking them in for questioning on charges of indoctrinating the female followers of his (...)
Nov 29, 2023
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KADRA, one of the leading Romanian providers of automated access management solutions, joins the EMI Group, a European leader in industrial access solutions
EMI Group, a top European provider in the field of industrial access solutions concludes a partnership with KADRA, the leading provider of integrated solutions for automation and access (...)
Nov 29, 2023
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Exhibitions to see this December in Bucharest and in the country
Victor Brauner, Salvador Dali, and Paula Modersohn-Becker are among the artists whose work can be seen this month, adding to the offer of shows focused on Brâncuși and Picasso that can still be (...)
Nov 29, 2023
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