Found 19260 news
A total of 10,962 dwellings were put into use in Romania in the first quarter of 2025, fewer by 398 units than in the same period of 2024, data from the country’s statistical office INS showed on Thursday (June 12), citing provisional data.
Romania's Finance Ministry raised RON1.1 billion from banks on Thursday (June 12), selling government paper in two auctions, at annual average yields of 7.46% and 7.52%, respectively.
Net investment in Romania's economy increased by 4.3% to RON37.48 billion (EUR7.57 billion) in the first quarter of 2025 compared to the same period of 2024, the country's statistical office INS announced on Thursday (June 12).
Romania's annual inflation rate jumped to 5.5% in May 2025 after stagnating at 4.9% in March and April 2025, data from the country's statistical office INS showed on Thursday (June 12).
Romanian company NextUp, specializing in cloud-based ERP and salary solutions, has been acquired by Polish group Symfonia, one of CEE’s leading providers of business software solutions.
Law firm Filip & Company granted legal assistance to Sameday, part of Dante International S.A. group (eMAG) in the acquisition of courier company Cargus.
Garanti BBVA Romania has sealed a EUR40 million funding agreement with International Finance Corporation (IFC), part of the World Bank, with the funds set to be used to support companies owned and/or run by women.
Integrated meat and meat products manufacturer Ferma Zootehnica, controlled by Lazar family, for 2024 reported turnover worth RON261.9 million (EUR52.6 million), slightly up, by 1.6%, from 2023, in line with ZF calculations based on Finance Ministry data.
Top Line group, active on the market of cosmetics import and wholesale to clinics and beauty salons, is readying to enter a new market, namely Greece, thus adding the fifth country to its portfolio.
Ice Dyp Balas, one of the top five ice cream producers in Romania, completed an extensive investment program in 2024, which included the new logistics center in Pantelimon, expansion of the fleet and investments in production and complete digitalization.
Dorna Medical posted more than RON79 million revenue in 2024, up 30% from the previous year, according to Finance Ministry data.
Michelin Romania, part of the French Michelin group, one of the world's largest tire manufacturers, posted RON5.687 billion (EUR1.143 billion) revenue in 2024, up approximately 6% from the previous year’s RON5.365 billion (EUR1.084 billion), according to ZF calculations based on Finance Ministry data.
US-held Berlin Packaging, one of the leading actors on the global packaging market, has bought the Romanian-owned Sarom Packaging and Romgallia, held by the Savoiu family, which have been making bottles for wine and packaging for the food, pharmaceutical and cosmetics industry for about three decades.
The Bosch Group, a global leader in technology and services, invested about RON246 million (EUR50 million) in Romania in 2024, concentrating on the development of the production facilities in Blaj and Cluj and on the consolidation of the research and development operations.
Chemical industry company Sinteza Oradea (stock symbol: STZ) has announced in a stock market report on June 11 that alternative investment firm Societatea de Investitii Alternative cu Capital Privat Roca Investments reduced its ownership stake in Sinteza below the 15% threshold, to 14.95%.
Allianz-Tiriac Asigurari received the necessary approvals from Romania's Financial Supervisory Authority (ASF) for the transfer of its portfolio to Allianz-Tiriac Unit (formerly known as Gothaer Asigurari Reasigurari) in the context of the merger through absorption.
IULIUS Group will be investing approx. EUR28 million in its third Family Market convenience retail project to be developed in the commune of Tomesti, Iasi County.
Adrem group, one of the leading players in the Romanian energy services market, reported consolidated revenue of EUR21 million for the first quarter of 2025, up over 25% against the same period of 2024.
UK-based property investment and management group M Core has invested over EUR150 million so far in 2025 for the acquisition of the Focsani Shopping Center project from KBC, and the Suceava Shopping City together with seven retail parks from real estate investor MAS.
Romanian bitumen emulsion producer SAT Reabilitare Reciclare, a subsidiary of Austrian construction group STRABAG SE, is inaugurating on June 11 the largest largest bitumen emulsion production facility in Romania, in the locality of Criseni, Salaj County, following an investment of EUR2.2 million.19260 items