Found 20519 news
OVES Enterprise, a Romanian software development company with expertise in creating complex software solutions and AI-driven innovations for the aerospace, defense, and cybersecurity industries, is in talks to raise EUR55 million.
Law firm Filip & Company legally assisted Banca Transilvania with the launch and execution of a EUR1 billion bond issue on international capital markets, the largest transaction of this type carried out so far in CEE.
Romania ended the first quarter of 2026 with a RON22 billion budget deficit or 1% of GDP, compared with RON44 billion or 2.3% of GDP in the first quarter of 2025, Finance Minister Alexandru Nazare said on Thursday.
A multi-jurisdictional Clifford Chance team of Bucharest and London offices assisted the investment bank consortium with the updating of the bond issue program of Banca Transilvania and the biggest bond issue in CEE, worth EUR1 billion, launched by BT on international markets.
Real estate developer One United Properties in the first quarter of this year registered residential transactions worth EUR60.4 million, corresponding to 144 residential and commercial units, as well as 243 parking and storage spaces.
Metaminds, an IT&C integrator and cybersecurity solution provider of Bucharest, ended 2025 with net profit of RON20.3 million (EUR4 million), around 2.6 times higher than in 2024.
Builder Kesz Constructii Romania, the local subsidiary of Hungarian group Kesz, in 2025 posted turnover of around RON315.7 million (EUR62.6 million), down 11.5% from 2024, in line with ZF calculations based on Finance Ministry data.
Chemical fertilizer wholesaler Solarex Impex, controlled by entrepreneurs Maria Luciana Turna, Leonard Mugurel Stoica and Maria Stoica, for 2025 reported turnover worth RON256.4 million (EUR50.8 million), slightly down, by 1.7% from 2024, in line with ZF calculations based on Finance Ministry data.
Maribo Prodcarn, a cold cuts producer owned by Anghel family that owns Marisan brand, ended 2025 with RON107 million turnover, down 13% from 2024. This is the second year of decline for the Calarasi-based company.
Coffee ship chain Meron, founded in Cluj-Napoca by Bogdan Ciocian, will add four-five new units this year, a slightly slower pace that in 2025, when the annual average was six-seven openings.
Beko group, one of the world’s biggest players in the electrical home appliances industry and leader of the European market, will continue to bet on Europe and Romania production, even as competition with Far East players, especially China, is ever fiercer and uneven, says Ain Garzanli, CEO of Beko Europe, in an interview with ZF.
Groupama recorded net written premiums of more than RON4.9 billion in 2025, up 12.4% from the previous year, while the net profit stood at RON374 million, compared with RON285 million in 2024.
The total number of insolvencies in Central and Eastern Europe stabilized in 2025, rising by merely 0.26%, but trends varied significantly from country to country, according to Coface’s latest report on insolvencies in CEE.
Eleven of the 27 EU member countries posted budget deficit of more than 3% of the GDP in 2025, the highest deficits being recorded in Romania, 7.9%, Belgium, 5.2%, and France, 5.1%, data from EU’s Statistical Office Eurostat show.
Vista Bank listed its first bond issue on the Regulated Market of the Bucharest Stock Exchange on Wednesday, April 22. The issue is worth EUR17 million, due in 2036 and part of the strategy to diversify financing sources.
The market for short-term apartment rentals in Romania continued to grow rapidly in 2025, confirming owners’ growing interest in this form of real estate investment, an analysis by Crosspoint Real Estate, Savills’ international partner in Romania, shows.
The employment rate for the working age population (15-64 years) stood at 63% last year, down 0.8% from the previous year, with the lowest level registered in the employment rate for youth (17.6%), data published by Romania’s statistical office INS showed on Wednesday, April 22.
OMV Petrom, Romania’s sole oil and gas producer, and RNV Infrastructure have adopted the final investment decision (FID) for three wind projects with a total installed capacity of around 300 MW, which are entering the execution phase.
Foreign investors’ confidence in the local market improved in March. but legislation framework predictability and Romania competitiveness compared with peer locations in the region continue to cause concern, reveals the latest edition of Business Sentiment Index (BSI), published by Foreign Investors Council (FIC).
European digital investment platform InRento has officially launched in Romania, providing an alternative funding solutions for developers of renovation, conversion, hospitality or renting projects.20519 items