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Adrian Cretoiu and Iulian Stanciu have acquired the company Argenta SRL Navodari, which manufactures metallic constructions and constructions for utility projects for fluids and other engineering works.
Romania's Finance Ministry raised RON805 million from banks on Tuesday (June 10), selling government paper, at an annual average yield of 7.50%.
In 2024, the total monthly average income in Romania stood at RON8,270 per household, in nominal terms, representing RON3,302 per person and increasing by 15.3% and 15%, respectively, compared to 2023.
Romania’s finance ministry has launched the sixth edition of the TEZAUR Treasury bills program, on Tuesday (June 10).
Seven in ten Romanian trading companies expect their retail sales to be affected by unfair competition from international platforms like Temu and Shein, with small Romanian producers being at risk of bankruptcy, as per a survey conducted by the Romanian Association of Online Stores (ARMO).
Romania's Competition Council has authorized the transaction through which Kronospan Holdings South Limited plans to acquire ZG Timber Sebes S.R.L..
Romania's trade balance posted a deficit of EUR11.6 billion in January-April 2025, higher by 24.5% than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Tuesday (June 10).
Romania operating leasing market in 2024 overshot the threshold of 96,000 passenger cars under management, up almost 8% from 2023.
Law firm Filip & Company has provided legal assistance to Conversion Marketing, part of Dante International S.A. group (eMAG) in the sale of Profitshare Romania and Bulgaria activity to 2Performant Network S.A., a company listed on the AeRO market of the Bucharest Stock Exchange.
Network One Distribution (NOD), the largest player on Romania IT&C equipment distribution, controlled by Iulian Stanciu, one of the most powerful entrepreneurs in the IT industry, has started the race to overshooting a new business threshold, annual turnover of over RON3 billion, after a better-than-expected growth in 2024, inclusively in terms of profitability.
The profitability of Samsung Electronics Romania was under pressure last year, though the company’s turnover continued to grow.
German group DEHN, specializing in lightning and surge protection solutions and safety equipment, will officially start building new production unit in Romania, in CTPark Pitesti, on June 18, 2025.
Mairon Galati, controlled by Miron family, ended 2024 with RON804 million turnover, down 57% from RON1.87 billion in 2023, in line with Finance Ministry data and ZF calculations.
Romania insurance market had the most profitable year in 2024, with a 50% increase against 2023, to over RON1.4 billion, after three years of significant increases.
The three entities the US IT giant Oracle has in Romania – Oracle Romania SRL, Oracle Global Services Romania SRL and Oracle Sovereign Cloud Romania SRL, posted RON1.6 billion revenue together in 2024, 23.2% more than in 2023, and their average number of employees went up by 82 to 4,457.
Erste Group, which owns BCR in Romania, has revised its economic growth forecast for Romania downwards from 1.8% to 1.3% in 2025, considering the first quarter data, which are below its expectations.
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 0.4% in unadjusted data and by 3.1% when adjusted for seasonality and number of working days, in April 2025 versus April 2024, data from the country’s statistical office INS showed on Friday (June 6).
Romania's economy edged 0.3% higher in unadjusted data and 0.6% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the first quarter of 2024, provisional (1) estimates from the country's statistical office INS showed on Friday (June 6).
The Bucharest Tribunal decided for alternative investment fund Lion Capital to change its name in the wake of an action filed by the claimant Lion Capital LLP, a legal entity of British nationality, regarding intellectual property rights related to the use of the trade name “Lion Capital”.
Almost 47% of employees would want the four-day workweek and more than half want to come at least 3-4 days at the office, for leisure and social activities helping them be more productive, reveals a survey conducted by real estate developer Genesis Property in April-May 2025 among 1,012 respondents nationwide.18948 items