Found 19260 news
XP group, an oil and gas field operator with a portfolio of 28 deposits managed in Romania and Ukraine, has invested 250 million dollars to enhance production and modernize facilities.
tbi bank, with operations in Romania, Bulgaria, Greece, Germany and Lithuania, reported EUR14 million net profit in the first quarter of 2025, up 22% from the same period of last year, in line with unaudited consolidated financial results.
ING Bank Romania registered revenues worth RON1 billion in the first quarter of 2025, up 14.1% from the year-earlier period, while net profit rose by 7.8% to RON374 million and total assets reached RON73.4 billion, a 2.8% increase year-on-year.
Global tech and software company Emerson, part of US concern Emerson, for 2024 reported turnover worth RON2.323 billion (EUR467 million), up 16.8% from 2023, in line with ZF calculations based on Finance Ministry data.
Industries Yield, part of Italian group Moncler, operating in the luxury segment, for 2024 reported turnover worth RON228.6 million (around EUR46 million), up 26.4% from 2023, in line with ZF calculations based on Finance Ministry data.
Pharma group Ropharma plans to invest EUR4-5 million in the next two years in a new drug plant that should cover market demand.
Premier Restaurants Romania, the operator of the McDonald's restaurant chain in Romania, posted over RON2 billion (EUR405 million) revenue in 2024, up 16% from the previous year’s RON1.737 billion (EUR351.2 million), according to ZF calculations based on Finance Ministry data.
Skin Media, a company that distributes a number of IT, home appliances and personal care product brands in Romania, among which Nikon, Dyson and Babyliss, posted almost 30% growth in revenue to RON342 million (EUR68.8 million) in 2024, Finance Ministry data show.
State-owned railway freight carrier giant CFR Marfa ended 2024 with RON677 million revenue, a decline of 13% on 2023 and RON328 million losses compared with the RON231 million of the previous year, its financial report shows.
Parcel delivery company Sameday, part of the eMAG Group, the largest actor in Romania’s online retail, has acquired rival Cargus from buyout investor MidEuropa Partners, ZF has found.
The Brewers Of Romania Association, representing 90% of the national beer market, raises awareness about the importance of real predictability in fiscal policy, which is a prerequisite for business planning, investment, and long-term development.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) on June 10 made a term deposit in the amount of EUR65 million with Raiffeisen Bank Romania, the company has announced in a report to the Bucharest Stock Exchange.
Adrian Cretoiu and Iulian Stanciu have acquired the company Argenta SRL Navodari, which manufactures metallic constructions and constructions for utility projects for fluids and other engineering works.
Romania's Finance Ministry raised RON805 million from banks on Tuesday (June 10), selling government paper, at an annual average yield of 7.50%.
In 2024, the total monthly average income in Romania stood at RON8,270 per household, in nominal terms, representing RON3,302 per person and increasing by 15.3% and 15%, respectively, compared to 2023.
Romania’s finance ministry has launched the sixth edition of the TEZAUR Treasury bills program, on Tuesday (June 10).
Seven in ten Romanian trading companies expect their retail sales to be affected by unfair competition from international platforms like Temu and Shein, with small Romanian producers being at risk of bankruptcy, as per a survey conducted by the Romanian Association of Online Stores (ARMO).
Romania's Competition Council has authorized the transaction through which Kronospan Holdings South Limited plans to acquire ZG Timber Sebes S.R.L..
Romania's trade balance posted a deficit of EUR11.6 billion in January-April 2025, higher by 24.5% than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Tuesday (June 10).
Romania operating leasing market in 2024 overshot the threshold of 96,000 passenger cars under management, up almost 8% from 2023.19260 items