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Kuhn Romania, one of the main suppliers of earthmoving equipment for construction in Romania, ended 2024 with EUR81 million revenue, down from the EUR96.5 million of 2023, its officials said.
Mecanica Ceahlau (MECF.RO), a manufacturer of farm equipment based in Piatra Neamt, ended 2024 with RON6.4 million net loss, up from the RON3.9 million net loss of 2023, while revenue shrank 21.7% year-on-year to RON22.5 million.
Plastic packaging producer Romcarbon (stock symbol: ROCE) received the approval of the Environment Fund Administration (EFA) regarding the financing of a project worth RON72 million, through the National Recovery and Resilience Plan (NRRP), the company has announced on April 14 in a report sent to the Bucharest Stock Exchange.
The Board of Directors of the Bucharest Stock Exchange (stock symbol: BVB), which operates the local capital market, appointed Dumitru-Remus Vulpescu was appointed Chief Executive Officer (CEO) of the Bucharest Stock Exchange (stock symbol: BVB) for a four-year term following a rigorous selection process carried out by the Board of Directors.
SmartBill, the leading players in the Romanian billing and management software solutions market, held by Norway's Visma Group, has announced the appointment of Alex Leca to the position of Chief Executive Officer (CEO).
Staer International, the company that owns furniture stores under the Staer brand, ended 2024 with a turnover of nearly RON87.9 million (EUR17.6 million), up 9% from a nearly RON80.6 million (EUR16.3 million) turnover reported in 2023, according to calculations by Ziarul Financiar (ZF) daily, based on finance ministry data.
Geld Capital Management and its subsidiary, Repaco Capital, will be inaugurating the Curtea de Arges Retail Park on April 17.
Real estate developer Hagag Development Europe, held by businessman Yitzhak Hagag, has signed a partnership agreement with investment group Niro Investment Group to buy 50% in the H Herastrau Park project, which includes retail and office space, near the Herastrau Park.
US restaurant chain Popeyes will be opening its first restaurant in Romania's city of Iasi, in the new shopping center Moldova Mall, on April 17.
Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, targets a significant improvement in financial and operational performance, with total revenues of RON125.3 million, up 20% versus 2024, according to the company's consolidated revenue and expense budget for fiscal year 2025.
IT infrastructure and security integrator Arctic Stream has proposed a RON1.4/share dividend to its shareholders, up 75% from the one proposed in 2022, at its first general ordinary meeting of shareholders as a listed company.
Life in Codes, Atlassian solution partner and reseller in Romania, ended 2024 with EUR7 million turnover, up over 7% from 2023. Of total turnover, EUR1.2 million came from Romania market, significantly higher from the previous year.
Mobexpert, a major furniture producer and retailer locally, relocated the Cluj-Napoca store and opened it last week, with the new space having an over 4,300-sqm area.
Brewer Bermad in 2024 posted RON16 million net profit, 41.7% above the 2023 level. Revenues went up by 10.7% to RON46.8 million, while expenses neared RON40 million, 17.3% higher than in 2023.
Autoitalia, the importer of Fiat, Jeep, Alfa Romeo and Chinese brand Leapmotor, is likely to also start Chery imports locally, in line with car market sources.
The shareholders of chemical producer Chimcomplex (stock symbol: CRC) have approved on April 11 the "contracting of loans in a maximum amount of EUR60 million from any sources, banking and non-banking, including from shareholders or affiliated persons, and setting up guarantees to secure the reimbursement of loans," as per a stock market report.
Organic fertilizer producer Norofert (NRF.RO) announced on the Bucharest Stock Exchange on Friday evening that it had signed a RON9.4 million contract, VAT included, with an entity operating in the distribution of farm inputs in Romania.
Real estate consultant North Bucharest Investments (NBI) has launched a dedicated rental division, NBI Rentals, with a portfolio of over 400 apartments and houses, whose revenue has reached a 3% share of the total group’s.
Romania's Competition Council is analyzing the transaction through which AutoWallis Nyrt. and Salvador Caetano Auto SGPS S.A., via NSN RO S.R.L., acquire certain assets of Renault Commercial Roumanie S.R.L.
Romania's current account deficit stood at EUR4.8 billion in January-February 2025, 84% higher than the EUR2.6 billion level reported in the same period of 2024, central bank data showed on Friday (April 11, 2025).18957 items