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Edenred, the digital platform for services and payments, has appointed Matei Ciobanu to the position of Growth & Development Director for Eastern Europe and Japan, starting with July 1, 2025.
A multi-jurisdictional legal team from the Clifford Chance Bucharest and London offices, coordinated by Partners Madalina Rachieru-Postolache and Kate Vyvyan, advised electricity supplier, distributor and producer Electrica Group on its first green bond issue on foreign markets, which was oversubscribed more than 11 times and raised EUR500 million.
Romania's manufacturing sector is a pillar of the country's economy, contributing significantly to the gross domestic product (GDP) and holding a substantial share in exports and in the workforce, according to a Deloitte analysis.
Romania's energy output decreased by an annual 10% in January-May 2025, with the biggest decline, of nearly 30%, being recorded by hydro power generation, as per data released by the country's statistical office INS on Tuesday (July 15).
Real estate developer Redport and businessman Dan Sucu, founder of Mobexpert, have launched the Vitaly Est showroom on Tuesday and started work on the residential project by the same name in the Pantelimon district of Bucharest.
Alro Slatina (stock symbol: ALR), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, has seen its market capitalization soar almost 21 times since its listing at the Bucharest Stock Exchange, back in October 1997, to exceed the RON1 billion threshold at present.
Nearly two-thirds of Romanians (63%) say they are just getting by financially, meaning they are able to cover monthly expenses, but with little or nothing left for savings or discretionary spending, according to the latest PwC’s Voice of the Consumer 2025 survey.
Romania's industrial production decreased by 2.8% in January-May 2025 in unadjusted data compared with the same period of 2024 and was down 1.3% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Tuesday (July 15).
Cluj-Napoca's Punctual Comimpex, a cigarette distribution business owned by entrepreneur Vasile Muresan, posted RON1.221 billion (EUR245.6 million) revenue in 2024, up 14.8% from the previous year’s RON1.063 billion (EUR215 million), according to ZF calculations based on Finance Ministry data.
Danlin XXL, a construction company in Secuieni, Neamt County, wholly owned by entrepreneur Dan Amuraritei, posted RON562.7 million (EUR113.1 million) revenue in 2024, up 43.2% 2023’s RON392.8 million (EUR79.4 million), according to ZF calculations based on Finance Ministry data.
Carmistin The Food Company, owned by Justin and Andra Paraschiv, exported RON140 million worth of poultry in 2024, three times the level in 2023.
A previously unknown name in Romania, Klimad climbed in the ranking of the 15 largest grain traders in Romania, after posting RON438 million revenue in 2024, an annual increase of 1000%, according to ZF’s calculations based on Finance Ministry data.
Wizz Air, the largest airline operator in Romania, announces a partnership with state-run Romaero to open a maintenance center dedicated exclusively to the maintenance of Wizz Air aircraft, located in the Romaero facility near Baneasa International Airport.
Romania's current account deficit surged to EUR12.6 billion in January-May 2025, compared with the EUR8.6 billion level in the same period of 2024, central bank data showed on Monday (July 14, 2025).
The deal between the private healthcare network Regina Maria and Finland’s Mehiläinen Group is being analyzed by the Competition Council, the institution said in a press release. Two months ago, in April 2025, the private operator announced the sale of the entire business to the Finnish group.
Betty Ice, one of the largest ice cream producers in Romania, aims to boost annual production at its Suceava plant to more than 20 million liters of ice cream, after investing more than EUR4 million in plant upgrades in 2024 and 2025.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, remained flat and started the week at 6.75% on Monday (July 14), the same as on Friday (July 11).
Montecristo Retail RO SRL, which operates the Kenvelo, Lee Cooper and Timeout store chain in Romania, has gone insolvent, as decided by the Ilfov Court of Law.
INVI Baltic Sea Growth Fund, the main private equity fund in the Baltic countries, has completed investment in Pehart Grup, one of the leading manufacturers of paper products for household and industrial use in Romania.
In the last two decades, the number of hotels in Romania affiliated to an international brand has tripled to 76, following EUR1 billion investments by local entrepreneurs, according to ZF estimates.18948 items