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New passenger car registrations in Romania in May 2025 dropped by 32.7% from May 2024, to 10,521 units, in line with data provided by Romanian Carmakers Association ACAROM.
Businessman Dorin Bob, owner of MIB Prodcom, which owns can brand Arovit, and of real estate developer Studim Green of Cluj, obtained European funding totally worth EUR4.6 million to expand farming activities of Satu Mare, set up new hazelnut plantations, reconvert an orchard, install modern irrigation systems and acquire state of the art technology.
Alternative investment fund Lion Capital registered a RON36.5 million loss in Q1/2025, from RON11.3 million profit in the same period of 2023.
Printec Group Romania, a leading payment solutions provider for the banking industry, in 2024 registered turnover worth RON115.9 million (around EUR23.3 million), up 9% from 2023. At the same time, the company’s net profit climbed 3% to RON8.7 million (around EUR1.75 million).
LSEG Business Services RM SRL, the Bucharest technology and operations center of London Stock Exchange Group (LSEG), continued to register business growth in 2024 as well.
Google Bucharest SRL, the US giant’s tech center in Romania, saw its 2024 turnover remain almost unchanged, with just a slight increase, but reported wider losses.
Expur, one of the largest vegetable oil and biodiesel producers in Romania, in 2024 reported RON1.8 billion turnover, down 2% from 2023. But the company switched to profit, with a RON76 million net result, from a RON103 million loss in 2023.
Poultry manufacturer Safir has a spectacular year in 2024. The company posted RON14 million profit, three times higher than in 2023, in line with ZF calculations based on Finance Ministry data. Thus, 2024 was the most profitable year in the company’s over three-decade history.
Danube freight carrier Transport Trade Services (TTS.RO) reported consolidated revenue of RON160.5 million in January-March 2025, down 33% on the year, as per its financial report.
Bittnet Group (stock symbol: BNET) recorded consolidated revenues of RON46.4 million in the first three months of 2025, up 12.8% compared to the same period of 2024, and a gross margin of RON8.1 million, up 21.7% on the year, as per the company's financial report published at the Bucharest Stock Exchange.
Romanian entrepreneurial group Agroland, present on the agribusiness, retail, food production and animal nutrition market, reported consolidated sales of RON89 million for the first quarter of 2025, up 18% on the year, and net profit of RON3 million, up 36% on the year, as per the financial report published at the Bucharest Stock Exchange.
Romania's finance ministry has announced on Mya 30 that it will carry out a new issue of Fidelis government bonds for retail investors between June 6 and 16, 2025, which is the fifth Fidelis edition this year.
SAP Romania, the local subsidiary of German software solutions provider SAP, ended 2024 with a turnover of RON616.5 million (nearly EUR124.05 million), up 19% against 2023, as per finance ministry data.
Industrial group Teknia, a Spanish multinational group specialized in the manufacture of metal and plastic components for mobility solutions using a wide range of technologies, has received a EUR30 million loan from the European Investment Bank (EIB).
The U.S. Nuclear Regulatory Commission (NRC) has approved the standard design of the 250 MWt (77 MWe) small modular reactor (SMR), a technology that will be implemented for the first time in Europe at the Doicesti energy project in Romania, the country's energy minister Sebastian Burduja has announced on Friday (May 30).
Romanian authorities issued 10,770 residential building permits in January-April 2025, 2.1% fewer than in the same period of 2024, data from the country’s statistical office INS showed on Friday (May 30, 2025).
Footprints AI, a Romanian technology company specialized in artificial intelligence and media retail, announces a new development stage by launching an AI Copilot AI trained on real consumer behavior in the physical retail.
Generative artificial intelligence (GenAI) could significantly change the way we work in the next five years, affecting nearly a quarter of existing jobs, 44 percent of employee skills and up to 40 percent of total hours worked globally, according to the latest report from the World Economic Forum (WEF) in collaboration with PwC.
Developers plan to bring around 32,000 new apartments on Bucharest housing market by end-2028.
Veeam Software Romania, the local subsidiary of the US provider of solutions ensuring data availability and recovery, saw its turnover stagnate in 2024 at RON330.7 million (EUR66.5 million).18948 items