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Fibula Air Travel, one of the largest tour-operators in Southeastern Europe and leader in Eastern Europe and Switzerland, is expanding its business model in Romania with a new move: the launch of its own platform for direct sales to tourists.
The delay in reaching a political agreement to form a stable government willing to assume the economic and fiscal measures Romania urgently needs increases concern within the business community, generates societal tensions, and sends negative signals to investors, financial partners, and rating agencies.
Romania's energy output decreased by an annual 5% in January-April 2025, to 5.917 million tons of oil equivalent (TOE), mostly due to a decline in hydro and wind power generation, the country's statistical office INS said, citing provisional data.
Eight in ten Romanians already have plans for the 2025 summer vacation and most of them prefer the Romanian seaside resorts, according to a recent survey by Raiffeisen Bank, in partnership with global market research company Appinio.
Pharmacy chain Ducfarm, with 28 units in Ardeal area, hit RON564 million turnover in 2024, after a 23% increase against 2023.
Fornetti Romania, a leading player on the local pastry market, ended 2024 with RON239 million turnover, down around 8% from the previous year.
UNIQA Asigurari and UNIQA Asigurari de Viata, operating in Romania under the umbrella of Austrian group UNIQA, ended the first quarter of 2025 with total underwritten premiums worth EUR40.5 million, up 15% from the year-earlier period.
Ene family of Prahova, which owns Romanian air filter and protection mask manufacturer Eversted, has won an EU fund project for a new, EUR5 million, air filter plant.
Ursus Breweries, the biggest player on Romania beer market, owned by Japan’s Asahi, will invest EUR15 million in the Buzau brewery, Romania’s largest by volume, with a 47-year history.
Romania's industrial production decreased by 5.3% in January-April 2025 in unadjusted data compared to the same period of 2024 and was down 2.6% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Friday (June 13).
Romania’s unemployment rate stood at 6.2% in the first quarter of 2025, higher by 0.3 percentage points than the level recorded in the fourth quarter of 2024, data from the country’s statistical office INS show on Friday (June 13, 2025).
Romania's current account deficit surged to EUR10.1 billion in January-April 2025, compared to the EUR6.28 billion level reported in the same period of 2024, central bank data showed on Friday (June 13, 2025).
The average net salary in Romania stood at RON5,647 (EUR1,121) in April 2025, higher by 8.2% in nominal terms compared to April 2024 and by 3.2% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Friday (June 13, 2025).
Datanet Systems, an integrator of complex IT&C solutions and systems and a member of regional group Soitron, ended 2024 with turnover worth above EUR51.6 million, up 23% from 2023.
Law firm Filip & Company legally assisted Roxana Epure and Pierre-Yves Morlet, the associates of NextUp Solutions, a provider of cloud-based ERP and salary solutions, in its sale to Symfonia, one of CEE’s leading providers of business software solutions.
Metaminds, a Romanian integrator of IT&C solutions and cybersecurity solutions provider, has appointed Ovidiu Ghiman as CEO.
InterContinental Athenee Palace Bucharest has opened the new JORJ restaurant, replacing former Roberto’s restaurant, in the wake of a renovation and refitting process worth EUR3.2 million.
Minifarm, one of the strongest brands in regional pharmaceutical retail in Romania, with a network of 130 pharmacies in several counties—Tulcea, Constanta, and Bucharest, overshot the RON500 million revenue mark in 2024, after a 33% increase year-on-year.
Alfasigma, an Italian-held pharmaceutical company, with over 17 years of presence in Romania, wants to develop on this market and grow in terms of results, employees, and product portfolio.
Brothers Dan and Marius Stefan, the founders of the Autonom Group, the largest independent actor in the operational leasing and rent-a-car business in Romania, bought a minority stake in eyewear retailer Lensa, ZF has found.18948 items