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New car registrations were down 6.4% to 11,920 units in January, data from Romania’s carmaker association ACAROM show. In comparison, 2024 started with a 4% increase to 12,733 units.
Scandinavian home furnishings retailer JYSK continues to expand in Romania and is opening a new store in the town of Tecuci, Galati County, on Thursday (Feb. 6), thus reaching a 147-unit network in the local market, according to calculations by Ziarul Financiar (ZF) daily.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market via a report on Feb. 4 about the conclusion of four electricity wholesale contracts worth a total of RON235.6 million with supplier Energy Distribution Services (EDS), per calculations by Ziarul Financiar (ZF) daily based on data reported to the Bucharest Stock Exchange.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market via a report on Feb. 4 about the conclusion of four contracts worth a total of RON235.6 million for wholesale energy sales with supplier Energy Distribution Services (EDS), per calculations by Ziarul Financiar (ZF) daily based on data reported to the Bucharest Stock Exchange.
Romania's Competition Council has approved the transaction through which Aloref S.R.L. and Ascom International S.R.L. plan to acquire the production activity and assets related to the marketing of liquid sodium silica belonging to Ciech Soda Romania S.A.
Electrica (stock symbol: EL), a major player on Romania’s electricity distribution and supply market, will grant a loan of EUR253 million to the company Crucea Power Park (CPP) for the financing of the Crucea Est wind farm project in the communes of Crucea and Pantelimon (Constanta County).
Amundi, the European leader in asset management, is expanding its operations through a new partnership for the distribution of investment funds in Romania with TradeVille, the largest retail broker on the local market, the companies said in a press release.
Bucharest-based M247 Europe, one of Romania's leading providers of hosting, connectivity and data management solutions, is expanding its global network with three new points of presence in Helsinki, Atlanta and Chicago to deliver colocation and cloud services, the company said in a statement.
The Sandbox, a global metaverse platform founded in France, has announced the acquisition of Romanian blockchain and Web3 company QED Builders.
Devhd, a company providing consulting and digital transformation services, had a turnover of EUR1.3 million in 2024, up 25% compared to 2023, a result aligned with the initial financial estimations, company representatives said in a statement.
tbi bank plans to launch new MREL-eligible bond issues in Romania and Greece, alongside Bulgaria, aiming to raise a total of EUR60 to EUR80 million to support its rapid business growth from a regulatory perspective.
Law firm Filip & Company has elected its new management and will be led for a 4-year term by the team of Co-Managing Partners formed by Cristina Filip and Alexandru Bîrsan.
Lion’s Head, an investment fund active in Romania and Bulgaria, has acquired a land plot of 15 hectares located in Popesti-Leordeni, in the southern part of Bucharest.
XTB group in 2024 registered EUR435.3 million, up 21.8%, and EUR199.7 million net profit, 14.3% above the 2023 level, supported by rising client numbers and expansion of investment offering.
Romanians bought medicines worth RON34 billion (EUR6.86 billion) last year, 13.8% more than in 2023, as prescription drugs in pharmacies totaled RON20.8 billion (up 14.2%) and OTC ones RON8 billion, up 6.2%, in line with a report by consultancy company Cegedim.
Advertising agency Brand Management reported an almost 40% turnover increase in 2024, to RON15 million amid a rising volume of implemented campaigns and higher budgets earmarked by brands for promotion in shopping centers.
Romanian startup Footprints AI, which has developed an AI-based retail platform, is readying for a new growth stage after having registered a sixfold revenue increase in 2024.
The slow expansion of the gas network, the strong increase in photovoltaic panel installations and demand for green alternatives are pushing up demand for house heat pumps.
January 2025 brought soaring prices on the Bucharest market of old three-room apartments after a year and a half of increases. After the 8.6% annual advance of December, in January the market saw asking prices rise by 9.5%.
The natural gas production of Romanian gas producer and supplier Romgaz (stock symbol: SNG) stood at 4.9 billion cubic meters (bcm) in 2024, almost 4% higher than the 2023 level, which is very good considering the overall performance of the domestic hydrocarbon production, according to the company's operational report.18957 items