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Drug wholesaler Alliance Healthcare, formerly known under the Farmexpert brand, ended 2024 with a turnover of RON5.9 billion, up 25% versus 2023, as per calculations by Ziarul Financiar (ZF) based on public data, which is the highest increase reported by the company in one year.
Romania's Competition Council has found that Sun Wave Pharma SRL violated the law on combating unfair competition in the dietary supplements distribution market.
Private healthcare provider MedLife (stock symbol: M) has announced in a stock market report on May 28 that Nicolae Marcu, Member of the Board of Directors and Chief Healthcare and Operations Officer, sold a total of 1.65 million M shares, at a price of RON6.5 per share, on May 27.
Techtex SRL, a company specializing in technical textile production, part of Taparo group, one of the largest entrepreneurial businesses in the upholstered furniture sector, has entered insolvency.
The number of insolvencies increased in 2024 across most countries in Central and Eastern Europe (CEE) despite economic recovery, with Slovenia seeing the highest increase (+32.4%) and Romania recoding a 9.4% rise, according to Coface's annual insolvency report for CEE.
Vodafone Romania, one of the largest players in the local IT&C market, in partnership with the National University of Science and Technology Politehnica Bucharest and Fifth Ingenium, sets out to implement the 5G-ENRICH (5G-Edge Network for Reinventing Innovation in Community and Higher-Education) project, a digital infrastructure initiative supported by the European Commission through the CEF Digital program.
According to Colliers, Romania's real estate investment market could return to an upward trend in the second half of 2025 provided that several major ongoing transactions are finalized and price expectations align with market demand and supply, as per an analysis by real estate consulting company Colliers.
Four in five Romanian consumers (79%) consistently rank security as the most critical payment attribute, and 90% of online shoppers would switch to a new payment method if it promises greater security, according to Visa E-commerce Payment Study (CEE) 2025.
Electrica, a major player on Romania electricity distribution and supply market, registered net profit of RON195.7 million in the first quarter of 2025, up 53.2% from the same period of 2024.
ANT Energy, part of Simtel, an engineering and tech group listed on the main market of the Bucharest Stock Exchange and one of the main national players in the field of green energy, has acquired a majority 55% stake in Alsen Energy Consulting, a service provider for electricity producers, distributors, suppliers and consumers.
Bucharest-Ilfov region will attract more than one third of new mortgages granted nationwide in 2025, with the market due to overshoot the EUR5 billion threshold, in line with a report drawn up by online brokerage Ipotecare.ro and financial consultancy SVN Credit Romania.
Romania managers for May-July period expect a moderate increase of economic activity in the processing industry and services, in parallel with a modest rise in the number of employees in constructions and retail trade, but also rising prices in industry, constructions and services, in line with a survey conducted by the country’s statistics board INS.
Orange, leader of the local telecom market, has announced the launch for the first time of a 5G stand alone network in several localities of the Danube Delta, as part of an EU funded project.
FlyOne, an airline established in the Republic of Moldova almost ten years ago, entered Romania with its first charter flights last year and this year will launch its first regular flights from the Otopeni Airport, the largest in Romania. The company will be operating flights to Verona, Tel Aviv and Brussels as of June.
Romania's Competition Council has approved the transaction through which Start SA intends to acquire Spectrum Brands Romania SRL.
State-run national gas transmission system operator Transgaz (stock symbol: TGN) has acquired a 51% ownership stake in Petrostar Ploiesti, through a share capital increase of RON4.5 million, Transgaz has announced in a stock market report on May 27.
Marius Dorner has been promoted to a global role inside world banking giant Citi, Global Head of Network Origination. He is one of the Romanians with the most spectacular rises inside a world banking giant.
Romania's finance ministry has approved state aid of RON1.01 billion for nine investment projects submitted between July 29 - September 9, 2024 under a state aid scheme established through Government Decision no. 300/2024 targeting regional development.
German cleaning equipment manufacturer Kärcher has recently inaugurated its third factory in Romania, located in Curtea de Arges, through its local production subsidiary, CER Cleaning Equipment.
Perla Harghitei, one of the leading players in the Romanian mineral water market, ended 2024 with a turnover of EUR38.5 million, up 26% year-over-year, due to consolidating its commercial team, expanding sales channels and investing in operational efficiency, according to company representatives.18948 items