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IT Group Bittnet Ends Q1/2024 With Net Loss Of RON9.7M vs Loss Of RON2.7M In Q1/2023
Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, ended the first quarter of 2024 with net loss of RON9.7 million, on a consolidated level, compared to a negative (...)
May 10, 2024
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Argus Constanta Switches To Net Loss Of RON3.6M In Q1/2024
Vegetable oil producer Argus Constanta (UARG.RO) announced in a stock market report on May 10 that it ended the first quarter of 2024 with a net loss of RON3.57 million, from profit of (...)
May 10, 2024
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OTP Bank Romania Ends Q1 With RON219M Total Income
OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report (...)
May 10, 2024
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Dan Niculaie Faranga Takes Over As CEO Of Tiriac Holdings
Dan Niculaie Faranga has taken over in May 2024 the position of Chief Executive Officer of Tiriac Holdings, one of the largest Romanian entrepreneurial businesses.
May 10, 2024
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Chimcomplex Completes RON12M Green Investment For Ecological Polyols At Ramnicu Valcea Plant
Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has completed a project aimed at investing in innovative technology for environmentally friendly polyol production, after the (...)
May 10, 2024
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Journalists claim purchase of castle in France part of Romanian mayor's network of hidden properties
A recent investigation conducted by Romanian journalists at Recorder claims to show that Vlad Oprea, the mayor of Sinaia, a popular mountain town roughly 120 km north of Bucharest, has an (...)
May 10, 2024
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Retail investors place over EUR 100 mln into Premier Energy shares in the first three days of the IPO
Retail investors subscribed over 23.3 million shares in the first three days of the initial public offering carried out by energy group Premier Energy (PE). There were over 10,000 orders placed (...)
May 10, 2024
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Romania second in the region for industrial & logistics spaces leased in Q1, report says
Romania ranked second in the region in terms of industrial & logistics spaces leased in the first quarter of 2024, after Poland, the uncontested leader in Central and Eastern Europe, (...)
May 10, 2024
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Romania’s Trade Deficit Shrinks 1.5% YoY To EUR6.69B In January-March 2024
Romania's trade balance posted a deficit of EUR6.69 billion in January-March 2024, lower by 1.5% (or lower by EUR103.3 million), compared to the same period of 2023, data from the country's (...)
May 10, 2024
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Romanian seaside festival Neversea announces first artists for 2024: Maluma, Nick Carter & more
The organizers of Romania’s seaside festival Neversea unveiled the first artists for this year's edition. Maluma, Nick Carter, Bebe Rexha, G-Eazy, Mahmut Orhan, Don Diablo, and others are on the (...)
May 10, 2024
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New ranking lists Bucharest among 10 best cities for digital nomads worldwide
Digital nomad publication Freaking Nomads created an index of the best cities for digital nomads worldwide, and Bucharest took the ninth spot in the ranking. Coming out on top was Hoi An, (...)
May 10, 2024
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Electoral campaign for local and European Parliament elections kicks off in Romania
The electoral campaign for the June 9 local and European elections in Romania officially began on Friday, May 10, and will end on June 8. The Central Electoral Bureau urged all candidates and (...)
May 10, 2024
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Romanian president meets House of Representatives speaker Mike Johnson in Washington
During his working visit to the United States, on May 9, Romanian president Klaus Iohannis met with House of Representatives speaker Mike Johnson in Washington, DC. The two discussed ways to (...)
May 10, 2024
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BVB Arena: Adrem, modernizing Romania’s energy industry for 30 years
This article series tells the stories of the 15 finalists selected in the Made in Romania 2023 program. Made in Romania is the flagship program of the Bucharest Stock Exchange dedicated to the (...)
May 10, 2024
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VTEX brings the power of digital commerce innovation to Barcelona, setting the trend of an industry estimated to exceed USD 750 bln by 2027
VTEX (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands, is ready to set the trend of the digital commerce industry in Europe, bringing the most relevant (...)
May 10, 2024
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Romanians welcoming Ukrainian refugees was truly an inspiration, Jill Biden says
Carmen Iohannis, the wife of Romanian president Klaus Iohannis, was received on May 9 by the United States First Lady, Jill Biden, who noted that the way Romanians received the Ukrainian (...)
May 10, 2024
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OMV Petrom to supply 800 GWh of green energy to Saint-Gobain locations in Romania
OMV Petrom, the largest integrated energy producer in southeastearn Europe, and Saint-Gobain Romania, part of Saint-Gobain Group, signed an agreement to supply electricity from renewable sources (...)
May 10, 2024
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