Found 19260 news
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Swedish group Autoliv, for 2024 reported turnover worth RON6.060 billion (EUR1.218 billion), slightly up, by 0.7%, from 2023, in line with ZF calculations based on Finance Ministry data.
Promat Comimpex, an agricultural company based in Tasnad, Satu Mare and held by Switzerland’s Ameropa Group, one of the largest grain traders in Romania, posted RON913 million (EUR183.5 million) revenue in 2024, down 32.2% from the previous year’s RON1.348 billion (approximately EUR272.5 million), according to ZF’s calculations based on Finance Ministry data.
Up to 96 million shares in Aquila (AQ.RO) or 8% in the company that brought investors a 30% return this year, was put up for sale by Swiss Capital in a flash transaction worth at least RON140 million, ZF has found.
Simtel Team (SMTL.RO), an engineering and technology group listed on the main market of the Bucharest Stock Exchange, says the Financial Supervisory Authority has approved its prospectus for a corporate bond program of up to EUR30 million.
Alfa Group, of entrepreneur Alin Niculae, is buying via Iride Development most of the IRIDE Park project and two buildings nearby, with potential for further development.
Bittnet Systems (stock symbol: BNET) has announced in a stock market report on June 19 the signing of a credit contract worth EUR1 million between ProCredit Bank and Dendrio Solutions SRL, part of the Digital Infrastructure pillar of Bittnet group.
OMV Petrom (stock symbol: SNP), the largest integrated energy producer in South-Eastern Europe, concluded a supply contract with Bulgaria's vegetable oils and biodiesel producer Astra Bioplants Ltd for the acquisition of pre-treated used cooking oil.
Private pension funds' total assets reached RON165 billion at the end of the first quarter of 2025, up 18% against the same period of 2024 and up 5.6% versus the end of 2024, in line with data provided by Romania’s Financial Supervisory Authority (ASF).
Romania's Finance Ministry raised RON2.1 billion from banks on Thursday (June 19), selling government paper in two auctions, at annual average yields of 7.33% and 7.51%, respectively.
Artificial intelligence (AI) promises to radically transform the real estate industry, especially operational processes, but it will neither fully replace human relations nor will it significantly reduce the number of employees, as per a survey conducted by Colliers within the 2024 – 2025 CoreNet Summits.
The volume of construction works in Romania fell slightly by 0.5% in unadjusted data and by 2.8% when adjusted for the number of working days and seasonality, in April 2025 compared to April 2024, data from Romania’s statistical office INS showed on Thursday (June 19).
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, controlled by entrepreneur Gruia Stoica, has recently launched the Leon train.
Insurance company SIGNAL IDUNA has got the final greenlight from financial watchdog ASF for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General Insurance Company, Greece’s largest insurer.
Bento, a Romanian tech company listed on the bourse and specializing in software solutions, wants to tap into Western markets, starting with the UK, where it seeks local partners that should sell the technology developed in Romania.
Economic confidence surged in Romania in May, by 11.5 points to 44.9 points, in line with CFA Romania Associations’ Macroeconomic Confidence Index.
Fuel supplier Artoil in Timisoara, held by entrepreneurs Alexandra and Alex Bunceanu, posted RON833.6 million (EUR167.5 million) revenue in 2024, down 30.1% from the previous year’s RON1.193 billion (EUR241.3 million), according to ZF calculations based on Finance Ministry data.
lectronic components and equipment manufacturer Zes Zollner Electronic, a local subsidiary of Germany’s Zollner Elektronik Group, posted RON2.347 billion (some EUR472 million) revenue in 2024, down 23.9% from the previous year’s RON3.086 billion (EUR624 million), according to ZF calculations based on Finance Ministry data.
For the first time ever on Romania’s IT&C distribution market, a Romanian actor breaks the ‘monopoly’ of Apcom IT, part of the Lebanon’s Midis Group, which has a presence in more than 70 countries, on the distribution of Apple products in Romania, so now there will be two distributors of Apple in the country. Apple has seen significant growth in sales in Romania in the last few years.
Romania's Financial Supervisory Authority (ASF) on June 18 authorized Remus Vulpescu for the position of Chief Executive Officer (CEO) of Bursa de Valori Bucuresti S.A. (the Bucharest Stock Exchange), which operates the local capital market, according to Ziarul Financiar (ZF) daily.
Bitdefender, one of Romania's most powerful IT companies, which has become a global leader in the cybersecurity market, has reached an agreement to acquire Mesh Security Limited (Mesh), a provider of advanced email security solutions based in Dublin, Ireland, the company announced.19260 items