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Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of British group Faist, switched to loss in 2024, reporting a negative result of RON4.6 million (EUR4.9 million), compared to net profit of RON1.5 million (nearly EUR310,000) registered in 2023, in line with public data.
Calarasi-based Donalam, the Romanian subsidiary of the AFV Beltrame Group, one of the largest producers of merchant bars and special steels in Europe, ended 2024 with a turnover of almost RON800 million, slightly lower than the RON812 million level reported in 2023, as per finance ministry data.
Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, has announced on Thursday (June 26) that Unit 2, one of the plant's two units, was shut down in controlled mode on June 25 for additional investigations and potential remedial works.
FlixBus, the travel-tech company operating the largest intercity coach network in Europe, is launching its first routes in Romania, which will be operated in partnership with local carriers.
Hidroserv, a subsidiary of Romania’s biggest energy producer, Hidroelectrica, dedicated to maintenance and repair works on hydrotechnical infrastructure, has exited insolvency after almost nine years, judicial administrator CITR has announced on Thursday (June 26).
Romania's Finance Ministry raised RON753 million from banks on Thursday (June 26), selling benchmark bonds, at an annual average yield of 7.37%.
Romania private lending growth sped up in May to 9.7%, to a total amount of RON431 billion, amid the 11.3% increase in the RON component and the 6.2% advance of the foreign currency one expressed in lei, in line with central bank data.
The retail and office projects developed by IULIUS in Romania's four cities of Suceava, Iasi, Cluj-Napoca and Timisoara obtained the LEED Operations and Maintenance Platinum Certification.
Romania's car production declined by 6% in the first five months of 2025 against the year-earlier period, to a total of 231,181 units, of which Automobile Dacia manufactured 129,238 cars and Ford Otosan produced 101,943 units, in line with data provided by the country’s carmakers association ACAROM.
Adrem group, a leading player in the energy services field, has contracted EUR18 million funding from ING Bank and BRD Groupe Societe Generale.
AROBS Transilvania Software, a Romanian tech entrepreneurial company, listed at the Bucharest Stock Exchange, has acquired a 70% stake in US company Codingscape, specialized in technology consulting, design, and custom software development services for enterprise clients.
State-run Hidroelectrica, Romania’s largest electricity producer, has selected Waldervar Energy to carry out the “Proiect Pilot Nufarul” floating photovoltaic panel system, in the wake of a public tender, with the winning bid being worth RON39.2 million, VAT not included.
Cardboard packaging maker Dunapack Rambox Prodimpex, part of Austrian group Prinzhorn, reported turnover worth RON296 million (EUR59.5 million) in 2024, up around 3.3% from 2023, in line with ZF calculations based on Finance Ministry.
Romanian paint and coatings maker Köber for 2024 reported turnover worth RON568.1 million (EUR114.2 million), up 3.8% from 2023, in line with ZF calculations based on Finance Ministry data.
Romania insurance market at the end of the first quarter of 2025 reached a RON6 billion volume of gross underwritten premiums, posting a 7% advance from the first three months of 2024, in line with data published by the market watchdog ASF.
SIVA Uniforms, one of Romania's largest manufacturers of customized workwear, is aiming for EUR4 million revenue in 2025, after posting nearly EUR3 million revenue in 2024.
Romania’s capital market will be included the Advanced Frontier Market (AFM) subcategory, MSCI, a global provider of financial indices, announced after its annual review of capital markets accessibility (Global Market Accessibility) published on June 19.
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
New car registrations in Romania fell 12.8% to 54,209 units in January-May 2025 compared with the year-ago period, while in the EU they were down 0.6% to 4,566,970, data supplied by ACAROM and ACEA on Wednesday show.
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector, is investing EUR1.52 million in a portfolio of four villas in the premium Radisson Blu Grand Mountain Resort Brasov project.19811 items