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Vantage Towers Romania's Customer Portal accelerates the digital transformation efforts of Romania
Vantage Towers, one of the leading European infrastructure operators, contributes to the acceleration of Romania's digital transformation, through its innovative Customer Portal application. (...)
Apr 19, 2024
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Venice Biennale 2024: Romanian pavilion opens with ?erban Savu’s exhibition What Work Is
The Romanian Pavilion at the International Art Exhibition - La Biennale di Venezia 2024 officially opened the exhibition What Work Is by ?erban Savu, curator Ciprian Mure?an. Previously, a (...)
Apr 19, 2024
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Income discrepancy in Romania is third-widest among EU Member States
Romania registers one of the widest gaps in the EU between high and low incomes among the population: the average income of the richest 10% of Romanians (tenth decile) is 4.88 times higher than (...)
Apr 19, 2024
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Romania's ruling coalition risks losing joint candidate to Bucharest City Hall
As the scandals surrounding Bucharest mayoral candidate Catalin Cirstoiu (head of University Central Hospital) are turning into a broader public debate about the rampant corruption in the public (...)
Apr 19, 2024
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Romanians buy record amount of state debt under latest Fidelis issue
Romanians bought state debt, denominated in local currency and euros, amounting to a total of nearly RON 3.2 billion (EUR 640 million) under the latest issue (Fidelis) organized by the Treasury. (...)
Apr 19, 2024
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Romania's Hidroelectrica extends scope of joint venture with Masdar of Emirates
In the context of the visit paid by a Romanian delegation headed by prime minister Marcel Ciolacu in Qatar and UAE, Hidroelectrica (BVB: H2O) and Masdar of Emirates agreed to expand the scope of (...)
Apr 19, 2024
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EMMA Capital gets green light to take over Romanian natural gas producer
EMMA Capital, the Czech investment fund controlled by billionaire Ji?í Šmejc, received the permit from the national regulatory body to take over the Romanian natural gas producer Stratum Energy (...)
Apr 19, 2024
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Romania’s construction works shrink by over 10% y/y in January-February
The volume of construction works in Romania contracted by 10.8% y/y in the first two months of the year, according to data published by the statistics office INS. The annual decline sweetened (...)
Apr 19, 2024
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INS: Romanian Construction Works Surge 53.7% On The Month In February 2024
In February 2024, the volume of construction works increased, in unadjusted data, by 53.7% compared to January 2024 and was up 17.5% when adjusted to the number of working days and to (...)
Apr 18, 2024
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Alfa Software Net Profit Surges 44% YoY To Over RON6.6M In 2023
Cluj-Napoca-based Alfa Software, specialized in the development and implementation of business software solutions, reported net profit of over RON6.6 million (EUR1.3 million) for 2023, up 44% (...)
Apr 18, 2024
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Melinda-Impex Instal Buys Two Rivals In Arad County
Melinda-Impex Instal, a plumbing and sanitary ware distributor in Odorheiu Secuiesc, is buying Dennymona MG and Arnew Den in Arad County, according to an announcement from the Competition (...)
Apr 18, 2024
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Arobs Transilvania Software To Carry Out Share Capital Increase
The group of IT firms Arobs Transilvania Software (stock symbol AROBS) has informed the capital market regarding the decision of the Board of Directors of April 18 regarding the increase of the (...)
Apr 18, 2024
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Builder CON-A Operations Doubles Profit To RON55.6M In 2023
Construction company CON-A Operations in Sibiu, the main entity of the CON-A Group of entrepreneur Mircea Bulboaca, ended 2023 with about RON772.6 million (EUR156.2 million) revenue, an increase (...)
Apr 18, 2024
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Sphera Franchise Group Set To Pay Additional Dividend In 2024
Sphera Franchise Group (stock symbol SFG), which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, said in a stock market (...)
Apr 18, 2024
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