Romanian-Moldovan winemaker Purcari (BVB: WINE) announced its sales rose by 22% y/y to RON 370 million (EUR 74 million), and its margins remained robust, according to the 2023 financial results sent to investors.
The normalized profit margin, after filtering out the one-off profit (RON 28.3 million) from 2022, improved to 16% in 2023 from 14% in the previous year. Normalized EBITDA margin remained at 27%.
With a RON 59.6 billion (EUR 12 million) net profit in 2023, the company's...
Romania's president Nicusor Dan invited magistrates' bodies and government officials to agree on November 12 on a compromise form for the magistrates' pensions law that would not be referred to the Constitutional Court (CCR) but would be legislated quickly, such as to meet the November 28 deadline set under the National Recovery and Resilience Plan […]
The number of positions in each of the local administration units (including those vacant at this moment) will be cut by 30% under an agreement reached by the ruling coalition on November 11, development minister Cseke Atilla announced. This would result in an overall 10% reduction in the number of employees in the local administration […]
Bucharest remains at the forefront of Romania’s real estate market, attracting the highest transaction volumes and consolidating its role as the country’s main investment hub. North Bucharest Investments reports €161 million in transactions by the end of October and expects a 25% increase by year-end. In October 2025, a total of 58,502 properties were sold […]
Nine hospitals that lost funding from Romania's National Recovery and Resilience Plan (PNRR) because they could not be completed on time will be financed through the Health Program 2021–2027 (EU4Health programme 2021-2027), which is also from European funds. The EU4Health money for Romania was initially designed to be used for additional investments in the medical […]
Banca Comercială Română (BCR), part of Austria’s Erste Group, announced it successfully completed a new local bond issue worth RON 1.125 billion (some EUR 225 million), further expanding its base of eligible liabilities. The bonds will be listed on the Bucharest Stock Exchange. It is the 13th bond issue issued by BCR, and the bank […]
French Tech Bucharest is proud to announce the fourth edition of its flagship event, Inspiring Women in Business, taking place on November 14th, 2025, at the Romanian-American University (1B Expoziției Boulevard, Bucharest), starting at 18:30, with free entrance. This renowned event will celebrate exceptional women who are shaping the businesses through transformative times, sharing their […]
