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Nuclear power producer Nuclearelectrica (stock symbol: SNN) on Feb. 12 concluded four new contracts worth a total of RON246.6 million for wholesale energy sales to supplier Energy Distribution Services (EDS), during July 1, 2025 - December 31, 2026 period.
Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data showed on Thursday (Feb. 13, 2025).
20 Romanian entrepreneurial companies, with a combined turnover of EUR2.7 billion in 2023 and a total of 9,204 employees, received the Deloitte “Best Managed Companies” certification for managerial performance analyzed against international best practices, out of a total 113 participating local companies.
Distribution company Delgaz Grid, part of the E.ON group in Romania, started in the fourth quarter of 2024, together with its partner ETHGroup, modernization works at the Roman Laminor transformer station located in Neamt County.
The average net salary in Romania increased by 4.8% (+RON257) in nominal terms in December 2024 compared to November 2024, to 5,645 (EUR1,134), data from the country's statistical office INS showed on Thursday (Feb. 13, 2025).
Romania's industrial production decreased by 13.9% in December 2024, in unadjusted data, compared to November 2024, and by 1.2% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Thursday (Feb. 13).
Orange Romania in 2024 posted EUR1.416 billion revenues, compared with EUR1.548 billion in 2023, in line with the financial results reported by the Frech telecom operator.
Romania M&A market registered 239 announced deals in 2024, with a total estimated value of EUR5.9 million, reveals a PwC Romania analysis.
The Bucharest-Ilfov region reached a gross domestic product (GDP) at purchasing power per capita of 190% of the EU average in 2023, slightly behind Prague and Brussels and above Hamburg, Eurostat data show.
Coca-Cola HBC, the leader of Romania’s non-alcoholic ready to drink beverage market, posted 2.5% lower volumes in Romania in 2024, as a result of a challenging consumer environment, selling more than 182 million unit cases or more than 1 billion liters worth of beverages last year.
Georgian Bala, who has more than 15 years of experience in the HoReCa and FMCG industries, is returning to Julius Meinl Romania after seven years, where he will serve as managing director.
CEE office markets are undergoing a transformational process and Bucharest, beside Warsaw, Prague and Budapest, are standing out by a rising stock of green buildings and integration of sustainability standards, read Colliers’ “CEE Office Markets on the Green Path-Decarbonisation Potential” report that analyses the office markets of 11 cities in the region.
Appraisal & Valuation, a company that provides real estate appraisal, consulting and development services, announced it sold a building in Craiova worth EUR2 million, the equivalent of RON10 million. By comparison, the market value of the company listed on the AeRO market stood at RON8.6 million ahead of Thursday trading session.
Companies in 2024 leased modern office spaces outside Bucharest with a total area of 63,024 square meters, with Cluj-Napoca dominating the regional real estate market, witu 76% of the leased area, reveals an analysis by Fortim Trusted Advisors, member of BNP Paribas Real Estate Alliance.
Mircea Turdean, general manager and stakeholder in cosmetics producer Farmec, says 2024 was difficult, but the company managed to end the year with 12% higher turnover and 2% higher profit against 2023.
The Crilelmar company in Gorj County, controlled by entrepreneur Adrian Stanusoiu, which plans to set up a recycled plastics plant in Targu-Jiu, is currently exporting its products to nine countries and intends to enter new markets.
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has announced in a stock market report the appointment of Florian Tandareanu to the position of Chief Executive Officer (CEO), effective Feb. 11, 2025.
Bitdefender, one of the largest actors on the world’s cybersecurity solution market, has bought a division of BitShield, its dealer in Malaysia and Brunei, as part of its strategy to consolidate presence in Asia-Pacific region.
The representation of the Romanian capital market in the MSCI indices will increase starting with March 1, 2025 with two new companies listed on the Bucharest Stock Exchange, namely Hondingrock1 (ROC1) and Sinteza (STZ).
Banca Comerciala Romana and EasyBill, part of Filbo Group, one of the leading online platforms for electronic invoicing and business management in Romania, have concluded a partnership aimed at providing entrepreneurs and microenterprises with a direct solution directly via George mobile app, for issuing, delivering and collecting invoices.18957 items