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The European Bank for Reconstruction and Development (EBRD) has announced a new loan, worth EUR10 million, for Romania’s leading distributor of…
Coca-Cola HBC Romania, the largest beverage bottler in the country, saw a 10% to 20% decline in sales in the first half, following the lockdown…
Romania's liberal government plans to raise pensions by 14% this year through a budget revision decree it will debate Friday, prime minister Lud…
French-held DIY retailer Leroy Merlin, which has 17 stores in Romania, posted a turnover of RON1.9 billion in 2019, up 21% on the year, finance…
Austrian-held construction group Strabag posted a turnover of RON772 million in Romania in 2019, 12% higher compared with 2018, finance ministry…
SAP Romania, the local subsidiary of the German-held business software solutions developer, reached a turnover of RON516.7 million in 2019, up 3…
Ioannis Papalekas, CEO and founder of Globalworth, has sold all his shares in this business to Czech investor Radovan Vitek and Dimitris Raptis,…
Polish executive Pawel Musial returns to the helm of supermarket chain Profi for a limited term after five years, as Daniel Cirstea, the current…
Finance Minister Florin Citu on Wednesday told private television B1 TV that the plan is to list at least 20% of the shares of state-owned lende…
Retailer Pepco has almost 250 stores in Romania and 1 billion lei (EUR220 milion) sales, which makes it the first fashion brand in Romania to ac…
Swedish furniture and home deco retailer Ikea is close to signing a deal to acquire a plot of land stretching onto 8 hectares in Timisoara, west…
Prosecutors from Romania’s National Anticorruption Directorate (DNA) carried out searches at the northern Bucharest headquarters of the Romanian…
French-held sporting goods retailer Decathlon, which is present on about 50 markets worldwide, manufactures bicycles in two plants in Romania. S…
Swiss-held footwear manufacturer Rieker closes plants in Romania will cease manufacturing operations in Romania and will close the plants in Lug…
