Found 19260 news
Catena, a 957-pharmacy network in Romania, posted more than RON8 billion revenue in 2024, according to the information it supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook. The data are consolidated from several companies that operate the pharmacies, which is Catena’s business model.
Romania's Finance Ministry reopened a benchmark bond issue due in July 2023 and raised RON554.4 million from banks on Monday, June 23, RON154 million above the issue value according to its prospectus, at an annual yield of 7.45%.
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, is buying 50% in Dunav Solar Plant EOOD, which is developing the Gabare photovoltaic project with an installed capacity of about 400 MW, from Energy Element.
The European Commission has concluded that Romania’s EUR250 million (RON1.2 billion) recapitalization of majority state-owned Exim Banca Romaneasca does not constitute state aid within the meaning of the EU state aid rules.
Spain’s Olala! Group, which is already present in Romania via Rina Hotels, is investing more than EUR5 million to buy two hotels in downtown Bucharest, Hotel Duke Romana and Hotel Duke Armeneasca.
Romania’s central bank posted RON5.64 billion operating profit in 2024, an increase of 16% or RON798 million on 2023, the institution announced.
aSoace, a Romanian-held operator of co-working spaces, continues expansion with an almost 1,000 square meter space in the Victoriei 222 building in downtown Bucharest, owned by Sol Property Investment.
Biofarm, one of the leading pharmaceutical producers in Romania, which has two plants in Bucharest, plans to invest in retooling its first facility and develop a new research and development center, which will create new products. The investment budget stands at RON47 million in 2025.
Top Gel Prod, one of the largest ice cream producers in Romania, has budgeted RON100 million revenuer for 2025, an increase of 3% on 2024, the data the company supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) Yearbook show. The estimate comes after 2024 ended with 7% growth in revenue.
GlobalLogic, a company part of Hitachi Group, has made an increasingly rare announcement for the IT market at the moment: it has hired 150 people and is looking for another 100.
Romanian-held ambulance and special vehicle manufacturer Deltamed, will start production of ambulances in its new facility in Aiud, following a EUR1.8 million investment.
Romania’s pro-European president President Nicusor Dan has nominated Senate president and National Liberal Party (PNL) leader Ilie Bolojan as the country's prime minister, on Friday (June 20).
Romania's finance ministry has attracted RON537 million and almost EUR222 million (values totaling RON1.6 billion and EUR330 million, respectively), through the fifth primary offer for the sale of government bonds for the retail investors (FIDELIS) held in 2025 through the Bucharest Stock Exchange’s (BVB) systems.
Taparo, an entrepreneurial company that has been in the furniture business for 20 years, during which time it has distinguished itself as a major exporter and supplier to IKEA, is on the verge of bankruptcy after the court-appointed trustee filed a petition for the company to enter bankruptcy. Taparo went insolvent last November.
Romania's Competition Council is looking into a transaction through which voestalpine Railway Systems S.A. (VRS) intends to acquire the shareholding package held by PCM RailOne AG in Travertec S.R.L.
Romania's Competition Council has authorized the transaction through which Hungary's AutoWallis Nyrt. and Portugal's Salvador Caetano Auto SGPS S.A., through NSN RO S.R.L., plan to acquire certain assets related to the import and distribution of Nissan automobiles, spare parts and accessories and the maintenance and repair of Nissan automobiles.
Romanian employers (66%) think that reinventing the structure of the organization to balance agility and flexibility needed for business development with the stability for employees is very important for the organization’s success, but only 28% of them have made real progress in this direction, according to the Deloitte 2025 Global Human Capital Trends results for Romania.
Sphera Franchise Group, Romania’s largest food service group, has opened, in Italy’s Riccione resort, close to Rimini, the first Cioccolatitaliani restaurant, in the wake of a EUR600,000 investment.
In a context where Romania IT industry is marked by negative news, such as personnel cuts or even office closedowns, GlobalLogic, part of Japanese group Hitachi, has announced it is set to expand locally right in Bucharest, which concentrates the biggest number of hi-tech players.
Law firm PeliPartners assisted Alfa Group in completing the acquisition of a significant part of IRIDE Business Park and other nearby properties from CPI Romania (part of CPI Property Group).19260 items