Found 18957 news
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL) has informed shareholders in a stock market report on April 17 about the conclusion of a significant contract with lender Banca Transilvania (TLV) for a project targeting a 52 MWp photovoltaic park (PV) in Giurgiu.
Romania’s industrial sales decreased by 1.2% year-on-year in January-February 2025 due to a 1.9% annual decline in manufacturing sector sales, the statistical office, data from the country’s statistical office INS showed on Thursday (April 17).
EYERIM, one of the most dynamic optical retailers in Central and Eastern Europe, anticipates sales of EUR21 million in Romania in 2025, as the local market generated over 10% of the Group's revenue in 2024.
Premier Restaurants Romania, the operator of the McDonald’s restaurants in the country, is inaugurating its fifth restaurant in the city of Iasi, within the new Mall Moldova shopping center, following an investment of RON4.5 million.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on April 17 about the opening of its third KFC restaurant in the city of Iasi, within the Mall Moldova shopping center.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets), fell by 1.8%, in nominal terms, year-on-year in January-February 2025 due to a 4.4% drop recorded in the capital goods industry, data from the country's statistics board INS showed on Thursday (April 17).
The biggest number of local deals had US investors as buyers during the 2020-2024 period, in line with EY data.
Electrogrup of Cluj-Napoca, a member of E-INFRA group, in 2024 posted turnover worth RON1.046 billion (around EUR210.3 million), down 2.9% from 2023, in line with ZF calculations based on Finance Ministry data.
Quehenberger Logistics Rou, a major player on the transport and logistics market, for 2024 reported turnover of almost RON363,8 million (EUR73,1 million), close to 2023 level. Net profit reached RON15.7 million (EUR3,1 million), 28% lower than in 2023.
Cooking equipment retailer Kitchen Shop has expanded its activity abroad by launching an online store on Europe market. The business was already present abroad, with two stores in Budapest.
BCR, the second-largest bank on the Romanian market by assets, made a non-consolidated net profit of RON2.8 billion in 2024, 50% of which should go to shareholders as dividends.
Entrepreneurial group Agroland (AG.RO), with retail, agribusiness, food production and animal nutrition operations, has recently announced significant growth in production of feed and eggs sold in the first quarter of 2025.
PartnerVet group, held by Romanian entrepreneur Ferenc Korponay and the Dragic family, announces integration of verterinary clinic Animal Care Center (ACC) in Constanta in its partner clinic portfolio.
Romania posted the highest annual inflation rate, of 5.1%, among European Union (EU) Member States, in March 2025, data from Eurostat, the bloc's statistical office, showed on Wednesday (April 16).
In 2025, the online shopping basket for Easter looks different as consumer preferences continue to shift towards digital and practical products.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has appointed Dumitru Chisalita as new Chairman of the Board of Directors, effective April 16, according to a notification sent to the Bucharest Stock Exchange (BVB).
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), announces the signing of design and execution contracts for four photovoltaic parks.
Law firm Filip & Company announces that it has promoted Andreea Banică (Mergers and acquisitions) and Alin Grapa (Dispute resolution) to counsel, while Alexandru Moraru (Labor law), Alina Savastre (Real estate), Anca Badescu (Mergers and acquisitions) and Lavinia Cazacu (Mergers and acquisitions) joined the team of senior lawyers.
Domeniile Davidescu, a wine business based in the Republic of Moldova, targets a a turnover of over RON17 million in 2025, which would mean a 25% increase against its 2024 turnover of nearly RON14 million, up 24% versus 2023.18957 items