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Insurance company SIGNAL IDUNA has got the final greenlight from financial watchdog ASF for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General Insurance Company, Greece’s largest insurer.
Bento, a Romanian tech company listed on the bourse and specializing in software solutions, wants to tap into Western markets, starting with the UK, where it seeks local partners that should sell the technology developed in Romania.
Economic confidence surged in Romania in May, by 11.5 points to 44.9 points, in line with CFA Romania Associations’ Macroeconomic Confidence Index.
Fuel supplier Artoil in Timisoara, held by entrepreneurs Alexandra and Alex Bunceanu, posted RON833.6 million (EUR167.5 million) revenue in 2024, down 30.1% from the previous year’s RON1.193 billion (EUR241.3 million), according to ZF calculations based on Finance Ministry data.
lectronic components and equipment manufacturer Zes Zollner Electronic, a local subsidiary of Germany’s Zollner Elektronik Group, posted RON2.347 billion (some EUR472 million) revenue in 2024, down 23.9% from the previous year’s RON3.086 billion (EUR624 million), according to ZF calculations based on Finance Ministry data.
For the first time ever on Romania’s IT&C distribution market, a Romanian actor breaks the ‘monopoly’ of Apcom IT, part of the Lebanon’s Midis Group, which has a presence in more than 70 countries, on the distribution of Apple products in Romania, so now there will be two distributors of Apple in the country. Apple has seen significant growth in sales in Romania in the last few years.
Romania's Financial Supervisory Authority (ASF) on June 18 authorized Remus Vulpescu for the position of Chief Executive Officer (CEO) of Bursa de Valori Bucuresti S.A. (the Bucharest Stock Exchange), which operates the local capital market, according to Ziarul Financiar (ZF) daily.
Bitdefender, one of Romania's most powerful IT companies, which has become a global leader in the cybersecurity market, has reached an agreement to acquire Mesh Security Limited (Mesh), a provider of advanced email security solutions based in Dublin, Ireland, the company announced.
Romania has the potential to become a key hub in the regional data center landscape, as it has a robust IT infrastructure, skilled workforce, and a supportive climate, considering that the local data center market is dominated by Romanian operators with a small average size of facilities, according to Laura Bordianu, Data Analyst Research Department Cushman & Wakefield Echinox.
Germany’s DEHN Group, which specializes in lightning and surge protection and safety equipment solutions, inaugurated the construction site for its first manufacturing facility in Romania, in Cateasca, near Pitesti, Arges County, on Wednesday, June 18. The investment stands at about EUR10 million.
Romania's public debt kept rising in March 2025, totaling RON998 billion and weighing 56.1% in the gross domestic product (GDP), as per finance ministry data.
Law firm Filip & Company has legally assisted investment fund OH Holding with its entering the shareholding structure of the company that operates Lensa, one of the leaders of Romania eyewear market.
Meta Estate Trust, a holding company that operates in the real estate sector, has invested around EUR2 million in a new retail park under development in Ciolpani commune.
CVC, one of the world’s largest private equity funds, has entered a EUR1 billion joint venture with Therme Group to expand the European wellness network.
Car parts wholesaler Unix Auto of Cluj-Napoca, controlled by entrepreneur Zombori Antal, in 2024 generated turnover worth RON434.6 million (EUR87.3 million), slightly up, by 1%, from 2023, in line with ZF calculations based on Finance Ministry data.
Uniprest Instal, a wholesaler of heating installations controlled by Dutch group Rensa, reported turnover worth RON318.4 million (EUR64 million) for 2024, up 14.2% from 2023, in line with ZF calculations based on Finance Ministry data.
Agro Chirnogi, the largest player in Romania agribusiness sector by turnover, in 2024 registered the lowest turnover in the past four years because of drought that affected over 2 million hectares, almost half of Romania’s grain area.
Brasov-based Sf. Constantin hospital, the largest private healthcare operator in this county, in 2024 posted 16% turnover growth, to RON128 million. It also generated profit of RON1.4 million after having been loss-making since 2019.
Premium Aerotec, part of Airbus group, for 2024 reported turnover worth around RON617.9 million (EUR124.2 million), 34.9% higher than in 2023, in line with ZF calculations based on Finance Ministry data.
Eliezer Prod, the producer of the Lunca Ilvei cheese brand, based in the town of the same name in Bistrita-Nasaud County, posted almost RON26.9 million (EUR5.4 million) revenue in 2024, up 14.7% from the previous year’s RON23.4 million (EUR4.7 million), according to ZF calculations based on Finance Ministry data.18948 items