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Geological surveying company Prospectiuni Bucuresti, majority owned by businessman Ovidiu Tender, in 2024 recorded a RON3.1 million net profit, 90% below the 2023 level.
Groupama, leader of Romania insurance market, in 2024 registered a record high net profit of RON285 million, 31% higher than in 2023 and 17 times above the 2020 level.
Construction of a large data center, of 200 MW, is set to begin in Romania. The center will to be located in western Bucharest, with the project set to attract estimated investments of EUR1.4 billion just for the physical infrastructure, without the IT side, announced Mihai Manole, shareholder and general manager of Tema Energy, a key player on the segment of data center development.
France’s Decidex entered Romania two decades ago, when it opened a plant in Oradea, Bihor county.
Monte Banato pasta maker Pangram, held by Italy’s Colussi Group (92.3%) and Ioan Popa (7.5%), the mayor of Resita, posted RON50.5 million (EUR10.1 million) revenue in 2024, slightly higher (1.9%) than in 2023, ZF has calculated from Finance Ministry data.
Infinity Capital Investments (INFINITY.RO), one of the five financial investment companies on the Bucharest Stock Exchange, on Wednesday announced it had sold the 99.99% it held in Complex Hotelier Dambovita (Dambovita Hotel Complex) for RON12 million in an auction on May 7, 2025.
2Performant Network (2P.RO), the largest actor on the affiliate marketing market in Romania, on Wednesday notified the Bucharest Stock Exchange of having signed the agreement to buy the Profitshare line of business along with its assets operated by Conversion Marketing SRL in Romania and Conversion Marketing EOOD in Bulgaria, two companies part of the Dante International SA (eMAG and Fashion Days), on May 6.
Romania has approximately one third of all farms in the European Union (EU) and 23% of the total agricultural workforce in the EU is concentrated here (1.77 million jobs – the highest share in the Union), as per a survey conducted by Impact Hub Bucharest (EIT Food representative in Romania), in partnership with Startarium.
Shipbuilder Santierul Naval Orsova (stock symbol: SNO) has concluded two external contracts worth EUR8.58 million for the construction of two river vessels, the company said in a stock market report on May 7.
International rating agency Moody's Investors Service (Moody's) has changed the outlook on the long-term deposit ratings of tbi bank from "stable" to "positive".
The Romanian leu depreciated further against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 5.0991 units, amid lingering political tension locally following the first round of presidential election.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has jumped to 6.47% on Wednesday (May 7), from 6.08% on May 6, in line with central bank data.
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value, according to new research from EY.
Amster Management, a Romanian company active in the hotel field, has sold Duke Romana and Duke Armeneasca hotels of Bucharest.
Glass processor Moldoglass, managed by entrepreneur Valentin Sumanaru, for 2024 reported turnover worth RON44.4 million (EUR8.9 million), down 7.8% from 2024, in line with ZF calculations based on Finance Ministry data.
Scandinavian home furnishings retailer JYSK continues to expand in Romania by opening a new store with a total 1,150-sqm area in Toplita, Harghita, thus reaching a 151-unit local network.
Swiss-held Artemis Group, which industrial real estate development operations, has started construction on an EUR8 million factory for window and door manufacturer Mondo Style in Sanandrei, with which it signed a ten-year lease. This is the second factory the group is building for Mondo Style in the industrial park in Timis County.
Port operator Comvex Constanta (CMVX.RO) posted RON277.3 million revenue in 2024, down 35% from the previous year.
Chimcomplex (CRC.RO), the largest chemical producer in Romania, with industrial sites in Onesti and Ramnicu Valcea, posted RON2.7 million consolidated net profit, down 89% from the RON18.6 million in 2023.
Romania’s industrial producer price index (PPI) increased by 3.3% year-on-year in March 2025, data from the country's statistical office INS showed on Tuesday (May 6).18957 items