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Companies IULIUS and Atterbury Europe have contracted a syndicated loan of approximately EUR400 million to finance the development of RIVUS Cluj-Napoca, the largest urban reconversion project in Romania.
Ursus Breweries, part of Asahi Europe & International and the leader of the beer market in Romania, announces the appointment of Dan Timotin as Managing Director for Romania, starting July 1, 2025.
The number of job vacancies in Romania stood at 32.6 thousand in the first quarter 2025, fewer by 1.7 thousand than in the fourth quarter of 2024, data from the country’s statistical office INS showed on Tuesday (May 20).
Romania's Competition Council has approved the transaction through which Finestore Distribution S.R.L. and Match Point S.R.L. intend to acquire the company Wine Point S.R.L.
The volume of construction works in Romania increased by 6.4% in unadjusted data and by 3.1% when adjusted for the number of working days and seasonality, in March 2025 compared to March 2024, data from Romania’s statistical office INS showed on Tuesday (May 20).
Nuclearelectrica, Romania’s sole nuclear power producer, on May 19 placed a term deposit without extension at Exim Banca Romaneasca, worth RON300 million.
Stay Fit Gym, the fitness network with the largest coverage at urban level in Romania, is expanding its portfolio via a partnership with Sheraton Bucharest Hotel, part of Marriott International group, for the opening of a new fitness center in the wake of an over RON5 million investment.
Carmistin The Food Company, one of the major players in the agrifood industry, owned by Iustin and Andra Paraschiv, has invested EUR76 million in a poultry factory, one of the most modern in Eastern Europe.
Kastamonu Romania (former Prolemn), held by Türkiye’s Kastamonu Entegre, posted RON738.9 million (EUR148.5 million) revenue in 2024, an increase of 12.5% on the RON656.7 million (EUR132.7 million) of 2023, according to ZF’s calculations based on Finance Ministry data.
Drosera Comserv, the manager of the Jelna winery in Bistrita-Nasaud, posted about RON55.4 million (EUR11.1 million) revenue in 2024, an increase of 39.5% on the previous year’s RON39.7 milion (EUR8 million), Finance Ministry data show.
The five-star Marmorosch Bucharest Hotel, held by Lithuania’s Apex Alliance Group, expects 10% higher revenue in 2025, but the first quarter was not as good as the first quarter of 2024, due to the uncertainty in the market.
Yokohama Rubber Co, one of the largest Japanese tire makers has entered the Romanian market by buying a factory specializing in tires for heavy-duty machinery in Drobeta Turnu Severin.
IKON Trading, a distributor of professional products for beauty salons in Romania, ended 2024 with a turnover of over RON28 million (EUR5.6 million), up 18.8% from a RON23.6 million (EUR4.7 million) turnover reported in 2023, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Faurecia Romania, the local subsidiary of French automotive component giant Faurecia, ended 2024 with a turnover of RON1.516 billion (EUR304.8 million), down 5.6% from RON1.6 billion (EUR324.8 million) reported for 2023, as per calculations by Ziarul Financiar (ZF) based on finance ministry data.
Electroplast Bistrita, which has been operating in the field of electrical cable manufacturing for over 30 years, ended 2024 with a turnover of RON167.5 million (EUR33.6 million), up 7.4% from a RON155.9 million (EUR31.5 million) turnover reported in 2023, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
German-held retailer Lidl reported a consolidated turnover of RON24.6 billion in Romania in 2024, up 9% versus 2023.
The European Commission (EC) has slashed its economic growth forecast for Romania to 1.4% in 2025 from 2.5% estimated in November 2024, the EC said in a report on Monday (May 19).
Romania's Finance Ministry raised RON752 million from banks on Monday (May 19), selling government paper, at an annual average yield of 7.46%.
Pro-European Union candidate Nicusor Dan has won Romania’s presidential election on Sunday (May 18), with 99% of the votes counted.
French group Carrefour, present in Romania for 24 years, has appointed Romanian Gabriela Stanica to the position of Chief Information Officer, Digital & AI.18957 items