Found 19260 news
Grup Serban Holding, a Romanian-held group of firms operating in agriculture and food industry, has an investment budget of over EUR80 million, from a syndicated loan, non-reimbursable funds and reinvested profit.
Expanded polystyrene for thermal insulation and packaging manufacturer Hirsch Porozell, part of Austria's Hirsch Servo Group, posted RON197.3 million (EUR39.6 million) revenue in 2024, up slightly by 2.7% from the previous year’s RON192.1 million (EUR38.8 million), according to ZF calculations based on Finance Ministry data.
Arctic Stream (AST.RO), an integrator of IT infrastructure and security, controlled by entrepreneur Diaconu Dragos Octavian, on Monday evening notified the Bucharest Stock Exchange of having bought 50.2% in ITPrepared, which specializes in managing IT infrastructures, from Bittnet.
Fuel trader Votrom, controlled by the Tulvan family from Oradea, posted RON722.3 million (EUR145.2 million) revenue in 2024, down 6% from the previous year’s RON768.8 million (EUR155.4 million), Finance Ministry data show.
EnergoBit, one of the most powerful entrepreneurial businesses in the energy sector in Romania, which operates in the equipment and services area, ended last year with EUR110 million revenue, its officials say.
New three-room apartments in Bucharest are almost EUR34,000 cheaper than the old ones on average, reveals an analysis of real estate platform Storia. The same goes for other big cities such as Iasi and Brasov, where recently built homes can be more affordable than the old ones.
Vegetable oil producer Argus Constanta (stock symbol: UARG), held by Infinity Capital, has informed investors on May 26 about the sale of a package of 699 shares or 13.9% of the share capital of Aliment Murfatlar SRL, with the total value of the transaction reaching RON4.4 million.
Romania's Finance Ministry raised RON846 million from banks on Monday (May 26), selling government paper, at an annual average yield of 7.23%.
Serghei Bulgac, Chief Executive Officer (CEO) of telecom operator Digi Communications (stock symbol: DIGI) since 2015, sold company shares in the amount of nearly RON1 million during the trading session on May 23, 2025, as per a report published on the website of the Bucharest Stock Exchange.
Law firm Filip & Company, together with Simpson Thacher & Bartlett, has assisted the funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm, in connection with the Romanian legal aspects of the intended acquisition of Finastra’s Treasury and Capital Markets (TCM) business unit.
DN AGRAR Group (stock symbol: DN), Romania’s largest integrated livestock farm and leading producer of cow milk, is launching the 2025-2030 Strategy, aiming to double its EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) over the next five years by increasing the milk production capacity and expanding with new business lines.
Entrepreneurs in Romania have more than EUR1.5 billion in grants at disposal in summer 2025 for investments in several key sectors of the economy – with start-ups, micro-enterprises, SMEs and large enterprises all targeted for new investment opportunities, as per an analysis by REI, a group of companies specialized in attracting European funds and state aid.
Economic confidence nosedived in April among managers, by 10.6 percentage points, to 33.3 points, the lowest level since the pandemic onset, in line with CFA Romania Association’s Macroeconomic Confidence Index.
AAylex ONE of Buzau, the company behind poultry brand Cocorico, has signed with CEC Bank and Exim Banca Romaneasca for a syndicated loan facility of EUR14.1 million, to support its business expansion.
Banca Transilvania has lent EUR20 million to real estate developer STC Partners for the development of Bucharest’s housing compound Quartier Ferdinand, a total investment of above EUR35 million, due to be completed in the fourth quarter of 2026.
Romanian retailer Contakt, specialized in the distribution of accessories and technologies for mobile devices, plans to expand on new regional markets such as Poland, Czechia, Serbia and Hungary this year, as on foreign markets demand is increasingly shifting to niche products and quality post-sales services, which Romanian consumers are still quality/price sensitive.
Aluminum aircraft parts maker Universal Alloy Corp, part of Montana group controlled by Austrian entrepreneur Michael Tojner, in 2024 for the first time went beyond the RON1.5 billion turnover threshold, a 25% increase from 2023, in line with ZF calculations.
Romania is in a very good position on the European poultry market, ranking sixth in the EU. Now, it is covering 98% of its own consumption, with a production that steadily increased in the past ten years, to 550,000 tons in 2024, up 35%.
EM group, which includes companies Electromontaj SA, the largest one, Iproeb, Emfor and others, ended last year with consolidated turnover worth EUR200 million, a record high, with the company’s shareholders eyeing listing on the Bucharest Stock Exchange.
Deep-tech start-up RepsMate, which specializes in augmenting conversations with artificial intelligence and in smart automation of interactions between companies and their customers, has received an investment of EUR250,000 from LIFE IS HARD SA (LIH.RO).19260 items