Romanian company IT Genetics, part of ITG Group- which provides integrated solutions of digitalization and automation for companies active in the retail, logistics, manufacturing sectors and other industries- ended 2024 with a turnover of EUR19.3 million, higher than EUR14.2 million reported in 2023 and EUR11.9 million reported in 2022, company representatives said in a statement.
Italian company Fidia Farmaceutici has bought the majority stake in Meditrina Pharmaceuticals, a pharma wholesaler active on the markets of Romania and the Republic of Moldova.
Banca Transilvania, Romania’s biggest lending institution, is listing on Friday a RON1.5 billion sustainable bond issue, with maturity in 2032 and 8.87% annual interest rate.
Vinci Energies has signed an agreement, pending approval by relevant watchdogs, to acquire EnergoBit, a major player in Romania electrical infrastructure, headquartered in Cluj-Napoca.
Vodafone Romania, a major player on the local IT&C market, for the April-June 2025 period (first quarter of fiscal year 2026) announced the first increase in the number of clients on the mobile telephony segment after five consecutive quarters of decline.
Romanian startup eAWB, which has developed a courier services marketplace for the local market, is readying for ambitious European expansion, planning to launch a new product dedicated to the entire EU, under europarcel.com brand, in the next 3-4 months.
Nova Power & Gas in 2024 registered turnover worth RON2.6 billion, down 8% from the previous year, and RON228 million net profit, also lower than in 2023.