Found 19228 news
OMV Petrom, the largest integrated energy producer in Southeastern-Eastern Europe, has announced the completion of an investment in the Petrobrazi refinery for a new sulphur recovery unit, worth EUR45 million.
ENGIE Romania, the largest natural gas distributor locally, is doubling installed renewable energy production capacity in Romania, to around 500 MW, after buying a 253.1 MW wind park in Ialomita county.
ELI Parks, one of Romania’s most dynamic developers of A-class industrial and logistic spaces, has started the second phase of ELI Park Iasi project, envisaging the construction of another 20,000 square meters of industrial and logistic spaces to be added to the existing area of around 20,000 square meters.
With a much stronger involvement, Tudor Personal Tailor, the business specializing in men’s made to measure suits, will end this year with growth of around 15-20%, but the market is becoming increasingly challenging, says Alin Copindeanu, the company’s CEO and co-founder.
Accor, one of Europe’s leading hotel chains, has 40 hotels under development in Romania, but bets on a premium hotel brand for the local market, Movenpick, under which there are several five-star hotels, but also some four-star ones.
Oltina Impex Prod Com, one of Romania's largest milling and bakery businesses, posted RON490.6 million (EUR98.6 million) revenue in 2024, down 32.1% from 2023’s RON722.9 million (EUR146.1 million), according to ZF calculations based on information from the Finance Ministry website.
Purcari Wineries (WINE.RO), one of the largest winemakers in Central and Eastern Europe, announces that Alexandru Filip will be replaced as chief executive officer by Victor Bostan, company founder, it said in a report to the Bucharest Stock Exchange.
Omniasig Vienna Insurance Group SA has won the auction for 5.5% in Romania’s Natural Disaster Insurance Pool (PAID) held by the now bankrupt Euroins Romania, the representatives of court-appointed liquidator CITR said.
Allianz-Tiriac, the second largest insurer in Romania, ended the first nine months of 2025 with a RON2.8 billion volume of gross underwritings, up 4% against the year-earlier period, per data provided by Allianz-Tiriac representatives.
Logiscool Romania, a network of digital education for children, has two new shareholders after spouses Mihaela and Teodor Olteanu, the founders of Logiscool Cluj centers, and Dragos Serbu, franchisee in Timisoara, Arad and Resita, have bought into it.
CEC Bank has obtained a EUR25 million loan from the European Investment Bank (EIB), which will be used to finance public sector projects that contribute to sustainable economic development, particularly in regions most affected by the climate transition.
Coffee shop chain 5 to go expects to end 2025 with a turnover of almost EUR65 million, up 18% versus 2024 when it exceeded the EUR55 million threshold.
Raiffeisen Bank Romania and Romania's state-owned Investment and Development Bank (IDB) have signed a guarantee convention aimed at financing small and medium-sized enterprises (SMEs).
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
Puratos Romania, a leading supplier of food ingredients, aims to reach the EUR100 million threshold in terms of turnover on the medium term, by 2030.
Zenith Conference & Spa hotel of Mamaia has been taken over by businessman Nicolae Bucovala in a deal handled by Cushman & Wakefield Echinox.
Wages in Romania went up in 2025 in all the key industries, but not evenly, with the biggest increases being registered by IT candidates, with a 14% plus, Administrative & Secretarial ones, with 13%, Beaty & Wellness with 12% and Constructions with 11%, reveals an analysis by BestJobs.
DN Agrar Group, the largest cow milk producer in Europe, listed on the AeRO market, announced it has taken the decision to pursue the upgrade to the Main Market of the Bucharest Stock Exchange in the first half of 2027.
Direct selling company Avon, a major player on Romania’s cosmetics market, has inked a partnership with Tei group and also sells its makeup products in the online stores of Farmacia Tei and Bebe Tei.
Metatools, a supplier of technological equipment and machinery for the industrial and construction sectors in Romania, owned by brothers Mircea and Alexandru Androne from Ploiesti, posted RON93.5 million (EUR18.8 million) revenue in 2024, up 7.9% from the previous year’s RON86.6 million (EUR17.5 million), according to ZF calculations based on Finance Ministry data.19228 items