Paval Holding Pays RON15M To Buy Land In Cluj-NapocaPaval Holding, the special purpose vehicle of the Paval family, which controls DIY retailer Dedeman, has acquired 100% in CNE Retail SRL for RON15 million (almost EUR3 million), according to data published in the Official Gazette.
Provident Enters Credit Card Market In RomaniaProvident Financial Romania, a company with nearly 200,000 active customers on the local market, is entering the credit card segment with the launch of ProviCard, the first such product in its portfolio. The card offers a revolving credit limit of up to RON10,000, can be accessed entirely (…)
Statistical Office: Romania's Hourly Labor Costs Up 1.8% In Q2/2026 Vs Q2/2025Romania’s hourly labor costs fell by 0.32% in the second quarter of 2026 compared with the previous quarter but increased by 1.8% compared with the second quarter of 2025, the country's statistical board, INS, announced on Thursday, Sept 3.
OMV Petrom Celebrates 25 Years On Bucharest Stock ExchangeOMV Petrom marks 25 years since its listing on the Bucharest Stock Exchange (BVB), a period of significant transformation and long-term value creation for shareholders and for the Romanian economy.
Primark Opens First Store In Iasi Following EUR10M InvestmentIrish fashion retailer Primark has officially opened its first store in Iasi, located within the Palas Iasi mixed-use compound, following an investment of EUR10 million and marking the retailer’s debut in Iasi County.
The European Union strengthens FDI screeningRegulation (EU) 2026/1386 on the screening of foreign direct investments (FDI), in force since 16 July 2026, repeals Regulation (EU) 2019/452 and reshapes the EU screening framework. It provides for an 18-month transitional period in which Member States must adapt their legislation and (…)
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