Found 18948 news
Anglo-Dutch group Univeler, a leading player in the consumer goods industry, announces it will continue to invest in Romania production, having a EUR5 million investment underway at its Ploiesti plant, where it produces spices.
The still high interest rates and continued lending in the first nine months of 2025 brought an over RON11.6 billion net profit for Romania banking system made up of 30 banks, in line with central bank data.
This fall has been full of business events and the occupancy rate of the Marmorosch Hotel reached 95% in October and will reach 90% on average in November, said Lithuanian executive Tadas Evaltas, who took the reins of the five-star hotel in Bucharest in September.
Sporting goods retailer Hervis, part of the SPAR Österreich group, has reached an agreement to sell its Romanian and Hungarian operations to UK’s Frasers Group (European Holdings) Limited, a subsidiary of Frasers Group PLC.
Romania's Competition Council is assessing the notified acquisition of Moco Topco Limited by Ares Management UK Limited.
Wizrom Software, one of the leading business software providers in Romania, has announced the acquisition of Co-Factor, a company specializing in platforms that support organizational performance, internal communication, and employee engagement.
CICh Navodari, a niche technological fertilizer producer, posted 15% growth in sales to RON154 million in the first ten months of 2025, the company said in a statement.
Generation Z lives with a high level of stress and anxiety, caused mainly by uncertainty about the future and the lack of control over unpredictable events, according to the latest online survey conducted by Allianz-Tiriac Insurance among 1,102 respondents, on stress and anxiety in Generation Z.
Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, recorded gross written premiums of EUR12.5 billion in the first nine months of 2025, an increase of 8.6% against the same period of 2024, per the financial report of Austria's VIG.
German company Henkel has officially inaugurated its new headquarters in capital city Bucharest, which is located in the Equilibrium 2 office building in the city's Floreasca area.
Electronic device manufacturer Visual Fan, which owns Allview brand, for the third quarter of 2025 reported RON145 million turnover, almost triple the year-earlier period level, while net profit climbed over four times, to RON8.96 million.
Private lending growth continued to slow in October, to 7.1%, with the total amount reaching RON445 billion after the first ten months of the year, as RON-denominated loans rose by 5.4% and foreign currency ones by 11.1%, in line with central bank data.
Real estate developer HILS Development has launched HILS Nord projects, a mixed-use housing compound that will include 2,705 apartments on a 10-ha area, close to Saulei Lake. Total investments revolve around EUR200 million, based on bank funding and own sources.
Autonom Services, one of Romania’s largest entrepreneurial companies and the group that controls the most extensive independent mobility network, on November 24, 2025, signed for one of the biggest syndicated loans ever granted to a Romanian business.
Mirdatod Prod, which owns two plants and is known on the market with Telemea de Ibanesti brand, expects RON170 million turnover in 2025 and for 2026 plans to reach the RON200 million threshold, according to its officials.
French group Groupe Atlantic will in the coming weeks open its plant of Aricestii Rahtivani, Prahova county, an over EUR50 million greenfield investment.
Gabriel Melniciuc, CEO of Spartan Group, one of the largest restaurant chains in Romania, with over 60 units under several brands, says a consumption decline can be felt, but the company will expand further and has bet on a new concept, Tyranosaur, based on chicken meat.
Ovidiu Placinta, the founder of carrier Express Euroscan based in Suceava, which bought another transportation business, Denis Spedition (Bucharest), as well as Germany-registered Denis Spedition Gmbh last year, has signed contracts with new clients and expect the group to post EUR35 million revenue by the end of 2025.
Rondocarton, a member of Austria’s Rondo Ganahl Group, one of the largest corrugated cardboard manufacturers, which operates three packaging plants in Romania, expects 2025 revenue to be the same as in 2024 and sees stagnation in 2026, as well.
eAWB, a Romanian startup that operates a courier service marketplace, has launched a mobile app available on Android and IOS, which integrates AI features to reduce the time it takes to ship a parcel to less than two minutes. The launch comes amid a fast-paced growth of the local parcel delivery market, which stood at 27% in 2024.18948 items