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Fuel wholesaler JT Grup Oil, listed at the Bucharest Stock Exchange, ended 2024 with a turnover of RON229 million, up 2.4% year-over-year, backed by an increase in sales volumes and the consolidation of the market share.
Corden BioChem, a German industrial biotechnology company, announces a strategic investment in Romania, by buying the decommissioned Clariant bioethanol plant in Podari, Dolj County, which will undergo an upgrade process.
Forvis Mazars Group, the international audit, tax and advisory services partnership, recently revealed the results of its latest C-suite barometer.
Meta Estate Trust, a holding company operating in the real estate sector, announces investments of nearly 4 million euros in four residential projects in Bucharest.
Etiq AI, the female-founded AI-startup based in London, UK, has announced it has raised EUR900,000 in seed funding led by GapMinder VC, following previous grant funding of £1 million from InnovateUK, and will be used to scale its newly launched “Data Science Copilot”, a platform designed to radically accelerate debugging and testing for machine learning models.
Two-thirds (66 percent) of company representatives say that recently hired employees were not fully prepared for the roles they fill, and lack of experience was the main cause of failure, while employees (nearly 60 percent) consider their organization values job experience and degrees over skills and potential, according to the Deloitte 2025 Global Human Capital Trends report.
Romanian authorities issued 7,630 residential building permits in the first quarter of 2025, 2.8% more than in the same period of 2024, data from the country’s statistical office INS showed on Wednesday (April 30, 2025).
Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza Onofrei and Cosmin Roman.
Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is changing its name to Pensia Mea Plus.
BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved operating result underpinned by significant advance in customer business.
Winemaker Purcari wants to distribute to investors a dividend of RON0.65/share.
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier period, while retail and corporate lending posted two-digit increases.
OMV Petrom, Romania’s sole oil and gas producer, for the first quarter of 2025 reported RON9 billion sales, up 5% from the year-earlier period, while its net profit declined by 24% to RON1.07 billion.
Upholstered furniture maker Polipol, owned by the German group of the same name, for 2024 reported turnover worth RON158.7 million (EUR31.9 million), down 10.7% from 2023, in line with ZF calculations based on Finance Ministry data.
Aquila Part Prod (AQ.RO), an integrated distribution and logistics services company for the consumer goods market in Romania and the Republic of Moldova, will distribute dividends of approximately RON60 million to shareholders on June 6, following the decision of the General Meeting of Shareholders on April 29.
Electrical materials and lighting fixtures distributor Tub Integral, held by the Tarmure family from Bistrita, posted RON73.3 million (EUR14.7 million) revenue in 2024, down by about 3.2% from the RON75.7 million (EUR15.3 million) in 2023, according to ZF calculations based on Finance Ministry data.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has received the approval of its shareholders for the distribution of a gross dividend of RON0.1568 per share from the company's 2024 net profit and from the result carried forward, which translates into a total amount of nearly RON604 million.
Premier Energy (PE.RO), one of the largest suppliers of natural gas in Romania, which also has renewable energy operations, intends to distribute EUR15 million (RON75 million) from the 2024 net profit as dividends, which means the gross dividend stands at EUR0.12 (RON0.6), it said in a report to the Bucharest Stock Exchange.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has announced that on April 29 its shareholders approved the distribution of a gross dividend of RON1.09 per share from the net result carried forward and related to financial years 2023-2024.
Green energy producer Hidroelectrica (stock symbol: H2O), the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report that on April 29 its shareholders voted in favor of distributing dividends in the amount of over RON4 billion from the company's 2024 net profit.18957 items