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Baker McKenzie Ukraine (global adviser) and Nestor Nestor Diculescu Kingston Petersen (NNDKP, local adviser) provided legal advice to Metinvest Group for the acquisition of the majority stake in ArcelorMittal Iasi.
Romanian startup Unfrosen, which launched a B2B marketplace for the fashion industry in 2023, expects to end 2025 with EUR6.5 million sales. The platform is operational in 13 European markets – Romania, Bulgaria, Greece, Poland, Italy, France, Latvia, Lithuania, Estonia, Slovakia, Croatia, Slovenia and the Republic of Moldova.
Sport Guru, a retailer and distributor of sporting goods, has announced the completion of negotiations for the full acquisition of the Bikexpert business, one of the oldest bicycle retailers in Romania and the official distributor of German bicycle brand CUBE, as well as of other significant bicycle parts and accessories.
Canadian sportswear and accessories brand lululemon announces entry on six new markets in Europe via franchising in 2026, including Romania.
The Romanian-German Chamber of Commerce and Industry (AHK Romania) takes note of the Romanian Government's decision to reduce the minimum turnover tax to 0.5% starting January 1, 2026 and to eliminate it in 2027, as well as its commitment to cut central administration expenses by 10%.
Romania's Competition Council has fined the companies Philip Morris Trading SRL, Interbrands Orbico SRL and Mediaposte Hit Mail SA with fines totaling RON135.2 million (EUR26.6 million) for anti-competitive agreements in the heated tobacco products market.
Primark plans to expand its presence in Romania, confirming four new store openings for 2026, the retailer has announced in a press statement on Thursday (Dec 18).
The volume of construction works in Romania grew by 10% in unadjusted data and by 9.7% when adjusted for the number of working days and seasonality, in January-October 2025 compared to the same period of 2024, data from Romania’s statistical office INS show on Thursday (December 18).
Holiday spending is down by roughly 10% in 2025 versus 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods, according to the Deloitte Holiday Retail Survey 2025.
Greek jewelry brand Anna Maria Mazaraki has opened its first Romania store in ParkLake Shopping Center, a project developed by Sonae Sierra.
The traditional sales increase in December has cooled in recent years, both in Romania and the rest of the EU, but the local market is still among Europe’s leaders when it comes to buying food in the last month of the year, reveals a Colliers analysis.
PPC blue Romania, the electric mobility company of PPC group, in 2025 reached over 1,100 EV charging stations nationwide, double from 2024, cementing its position among the largest charging infrastructure operators in Romania.
Dolj-based Hydroagrifer, specializing in trade with pumps and automation elements for various industrial applications, has acquired the majority stake in Constructii Feroviare Craiova from Infinity Capital Investments.
Polish fashion group LPP, which has five brands in its portfolio, is accelerating expansion of its discount brand Sinsay, under which 200 units are already opened in Romania.
Bakery producer Lidas, controlled by entrepreneur Elena Anastase, for 2024 reported turnover worth RON186 million (around EUR37.4 million), up 13.7% from 2023, in line with ZF calculations based on Finance Ministry data.
Craiova Airport is set to inaugurate a new terminal on Thursday, December 18, which has a surface area of 33,000 square meters and can handle up to two million passengers a year, the officials of the airport said.
SilkWeb SA, the Romanian company that operates the Gomag e-commerce platform, will end 2025 with EUR5 million revenue, an increase of about 38% compared with 2024, when revenue stood at more than EUR3.6 million and the net profit at almost EUR600,000.
French-held Carrefour Group is in advanced talks with Romanian entrepreneurs Dragos and Adrian Paval, the founders of DIY retailer Dedeman, to sell their Romanian operations, ZF sources say.
Prysmian Cabluri si Sisteme, part of Italian group Prysmian, ended 2024 with a turnover of RON1.587 billion (EUR319 million), down 11.6% from RON1.797 billion (EUR363.4 million) reported in 2024, in line with calculations by Ziarul Financiar (ZF) daily, based on finance ministry data.
Fashion brand Gucci, owned by the Kering Group, one of the largest actors in the luxury industry in the world, is returning to Romania in the TOFF Galleries department store in the Stirbey Palace on Calea Victoriei, a project of Israeli’s Hagag. The owners of the TOFF Galleries, the Coman family, rented the building for their department store, ZF has found.19694 items