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ING Bank Romania raked in RON3.8 billion revenues in 2024, up 13% from the 2023 level.
DN Agrar Group, the largest integrated livestock farm in Romania, has convened its shareholders for March 25 to vote on projects for 2025 involving total investments of around EUR3.4 million.
Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, expects 2025 turnover to be unchanged from last year, when it hit EUR130 million.
Romanians spent EUR9.6 billion on foreign trips last year, EUR1 billion more than in 2023 and up 81% from 2019, a benchmark year in tourism, in line with BNR data and ZF calculations.
Private equity fund MidEuropa, active locally since the early 20002, expects Romania economy to post faster growth than West European ones, which will make the local market an appealing investment destination.
Software solutions developer We as Web of Cluj-Napoca aims to reach over 700 employees by the end of 2025, after having expanded its team by over 100 IT specialists in 2024 and reached 610-610 employees overall.
Alternative investment fund Transilvania Investments Alliance (TRANSI.RO) ended 2024 with RONI105.8 million net profit, 55% lower than in 2023.
Romania's central bank has decided at its Board meeting on Friday (February 14, 2025) to keep its key interest rate unchanged at 6.5% a year.
Chemical company Sinteza Oradea (STZ.RO), on Friday notified the Bucharest Stock Exchange that alternative investment firm Roca investments, which owns 18% in Sinteza, conducted an accelerated private placement on February 13 to sell its 11.9 million shares.
Sales of new passenger cars and light commercial vehicles on the Romanian market are expected to go up by 1.1% this year against 2024, with Romania being, together with Slovakia, the only countries of Central Europe due to end 2025 in the black, reveals PwC Autofacts report for Romania, Poland, Czechia, Hungary and Slovakia.
DN Agrar Group, the largest integrated livestock farm in Romania, reported consolidated preliminary unaudited turnover worth RON175 million for 2024, up 16% from the previous year.
Romania annual inflation slid in January 2025 to 5%, after staying flat at 5.1% in November and December 2024, data from the country’s statistics board showed on Friday, February 14.
Romania economy inched up by 0.7% in the fourth quarter of 2024 in both unadjusted and seasonally adjusted data against the year-earlier period, while, against Q3/2024 it had a 0.8% advance in real terms, in line with data published on Friday, February 14, by the country’s statistics board INS.
German discounter Lidl, leader of Romania retail by turnover, boasts ambitious expansion plans: 200 new stores in Romania by 2030.
Silviu Popovici, the most powerful Romanian executive, currently PepsiCo EMEA CEO, together with Mircea Draja and Stefan Rusen, two former top managers at Coca-Cola group, are developing Real Foods business, specializing in healthy food.
A private placement involving 1.78 million Sinteza Oradea (STZ.RO) shares or about 2.7% of the total number of its shares, worth RON4.44 million, was recorded by the Bucharest Stock Exchange on Thursday, Bucharest Stock Exchange data show.
State-run Hidroelectrica (H2O.RO), the largest electricity generation company in Romania, has notified the Bucharest Stock Exchange about having made several deposits with state-run Exim Banca Romaneasca on January 10, due on May 6, 2025.
Romania’s Competition Council is looking into the proposed acquisition by logistics space developer CTP Property BV Netherlands of the companies held by the P3 Group in Romania, which owns and operates logistics park P3 Bucharest A1 near Chiajna.
Biodegradable paper packaging manufacturer Exonia has invested EUR1.5 million in the opening of its first plant that makes waxed paper used in food packaging, in Iasi.
Romania's Finance Ministry raised RON600 million from banks on Thursday (Feb. 13, 2025) selling benchmark bonds, at an annual average yield of 7.48%.18957 items