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Economic confidence nosedived in April among managers, by 10.6 percentage points, to 33.3 points, the lowest level since the pandemic onset, in line with CFA Romania Association’s Macroeconomic Confidence Index.
AAylex ONE of Buzau, the company behind poultry brand Cocorico, has signed with CEC Bank and Exim Banca Romaneasca for a syndicated loan facility of EUR14.1 million, to support its business expansion.
Banca Transilvania has lent EUR20 million to real estate developer STC Partners for the development of Bucharest’s housing compound Quartier Ferdinand, a total investment of above EUR35 million, due to be completed in the fourth quarter of 2026.
Romanian retailer Contakt, specialized in the distribution of accessories and technologies for mobile devices, plans to expand on new regional markets such as Poland, Czechia, Serbia and Hungary this year, as on foreign markets demand is increasingly shifting to niche products and quality post-sales services, which Romanian consumers are still quality/price sensitive.
Aluminum aircraft parts maker Universal Alloy Corp, part of Montana group controlled by Austrian entrepreneur Michael Tojner, in 2024 for the first time went beyond the RON1.5 billion turnover threshold, a 25% increase from 2023, in line with ZF calculations.
Romania is in a very good position on the European poultry market, ranking sixth in the EU. Now, it is covering 98% of its own consumption, with a production that steadily increased in the past ten years, to 550,000 tons in 2024, up 35%.
EM group, which includes companies Electromontaj SA, the largest one, Iproeb, Emfor and others, ended last year with consolidated turnover worth EUR200 million, a record high, with the company’s shareholders eyeing listing on the Bucharest Stock Exchange.
Deep-tech start-up RepsMate, which specializes in augmenting conversations with artificial intelligence and in smart automation of interactions between companies and their customers, has received an investment of EUR250,000 from LIFE IS HARD SA (LIH.RO).
Pharmaceutical company Bioeel posted RON1.2 billion revenue from its pharmaceutical distribution business in Romania in 2024, an increase of about 37% year-on-year, Finance Ministry data show. This is the first time Bioeel has overshot the RON1 billion mark.
The Competition Council has authorized the deal whereby Medicover Investment BV intends to buy the Romanian companies of Synlab International GmbH, as it does not hinder competition on the Romanian market in any significant way.
Automobile Dacia ended 2024 with RON27.81 billion turnover, up 6.9% from 2023, despite a 4% decline in overall car output. Net profit jumped by 7.6% to RON569 million and investments topped RON1 billion.
Major cities of Romania are investing more than EUR30 million in smart waste collection islands, in line with public data analyzed by Clean Recyle.
Organic fertilizer producer Norofert in the first quarter of 2025 posted RON13.9 million consolidated turnover, up 19%, and RON5.3 million net profit, from RON1.41 million in Q1/2024.
Cash&carry store chain Selgros is resuming expansion on the local market and is opening its 24th store in Romania in Sibiu, marking 24 years of activity.
Astra Vagoane Calatori, a leading player on the local rolling stock market, controlled by Valer Blidar, ended 2024 with RON425 million and RON57.8 million net profit, from RON631 million turnover and RON67.6 million net profit in 2023.
The management of Meta Estate Trust S.A. (MET.RO) ion Thursday notified the stock market about a new investment within its trading business line.
Softbinator Technologies (CODE.RO), a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing), posted RON6.4 million consolidated revenue in the first quarter of 2025.
NEPI Rockcastle, the largest owner, developer and manager of shopping centers in Central and Eastern Europe, posted 12.6% growth in net operating income (NOI) to EUR152 million in the first quarter of 2025.
AGISTA, the Romanian growth equity alternative investment fund, has received official authorization from the Financial Supervisory Authority (ASF).
Pillar II private pension fund Metropolitan Life, which manages RON22 billion assets for 1.1 million Romanians, now owns 6.592% in Sphera Franchise Group (SFG.RO), the operator of the restaurant franchises KFC, Pizza Hut and Taco Bell in Romania.18948 items