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One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and pre-sold.
Transilvania Investments Alliance is convening its shareholders on March 10, 2025 to approve among others a share buyback program of up to RON92.5 million to reduce capital and the distribution free of charge to directors and employees, as well as a loan of maximum RON200 million for investments.
BRD Groupe Societe Generale, the fourth largest bank in Romania, in 2024 posted RON1.47 billion net profit, down 9.7% from 2023, and RON3.89 billion net banking income, up almost 5%.
Investment fund Fortech Investments has since its launch in 2021 invested EUR8 million in 18 tech startups, of which EUR2 million were earmarked last year for 5 new projects.
Romania smartphone market rose by 3% in 2024 by value amid consumers’ penchant for more expensive models and the tendency will maintain this year.
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.19782 items