Moldova

Purcari Wineries wine producer has announced today that Lorimer Ventures Limited, a wholly-owned subsidiary of Emerging Europe Growth Fund II, L.P. (“EEGF II”), managed by Horizon Capital, sold its remaining 22.7% stake in the Group via an…

Purcari Wineries Plc wine producer has released today the results for the first half of 2019. Revenues were up 25% reaching 87.8 RON million, while adjusted EBITDA and adjusted Net Income increased YoY by 30% and 35% respectively, to 30.1…

Football vice-champions FCSB have qualified to Europa League second qualifying round after defeating away, Thursday evening, the Moldovan team Milsami Orhei 2-1 (2-0). Romania's vice-champions, who had won the first round 2-0 in Giurgiu,…

The modern retail stock in Bucharest remained stable in 2018, at 1.2 million square meters, a level which is 7% higher than in the Central-West region of the country (16 counties in Transylvania and Banat areas), which reached 1.18 million…

The Senate and the Chamber of Deputies meet on Tuesday in a solemn joint plenary session dedicated to the 15th anniversary of Romania's accession to NATO and the 70th anniversary of the establishment of the North Atlantic Alliance.…

The 15-minute protest initiated by a local businessman from Suceava, who also built the first one metre of highway in Moldova at his expense, is going national. Besides some businessmen, part of the transporters and some policemen trade…

Upset that authorities are postponing road infrastructure projects, including highways, businessman Ştefan Mandachi from Suceava, northern Romania, has built the first and the only one metre of highway in Moldova region, challenging…

USR chairman Dan Barna has told a press conference in Iasi that the Bucharest’s chance „to get rid of what Gabriela Firea is doing to it” is that the Opposition should have a common candidate for the Capital City Hall. „We know very well…

Purcari Wineries Plc (the “Group”), the CEE’s leading wine producer, announced today consolidated preliminary financial results for 2018. Revenues were up 19%, to RON 169 million, with EBITDA and IFRS Net Income increasing 48% and 58%…

Romania is on the 66th position out of 167 worldwide and on the last position in the European Union, with a general score of 6.38, the lowest hitherto, in the Democracy Index 2018 released by The Economist Intelligence Unit and quoted by…