Hidroserv, a subsidiary of Romania’s biggest energy producer, Hidroelectrica, dedicated to maintenance and repair works on hydrotechnical infrastructure, has exited insolvency after almost nine years, judicial administrator CITR has announced on Thursday (June 26).
Romania's Finance Ministry raised RON753 million from banks on Thursday (June 26), selling benchmark bonds, at an annual average yield of 7.37%.
Romania private lending growth sped up in May to 9.7%, to a total amount of RON431 billion, amid the 11.3% increase in the RON component and the 6.2% advance of the foreign currency one expressed in lei, in line with central bank data.
The retail and office projects developed by IULIUS in Romania's four cities of Suceava, Iasi, Cluj-Napoca and Timisoara obtained the LEED Operations and Maintenance Platinum Certification.
Romania's car production declined by 6% in the first five months of 2025 against the year-earlier period, to a total of 231,181 units, of which Automobile Dacia manufactured 129,238 cars and Ford Otosan produced 101,943 units, in line with data provided by the country’s carmakers association ACAROM.
Adrem group, a leading player in the energy services field, has contracted EUR18 million funding from ING Bank and BRD Groupe Societe Generale.
AROBS Transilvania Software, a Romanian tech entrepreneurial company, listed at the Bucharest Stock Exchange, has acquired a 70% stake in US company Codingscape, specialized in technology consulting, design, and custom software development services for enterprise clients.
State-run Hidroelectrica, Romania’s largest electricity producer, has selected Waldervar Energy to carry out the “Proiect Pilot Nufarul” floating photovoltaic panel system, in the wake of a public tender, with the winning bid being worth RON39.2 million, VAT not included.
Cardboard packaging maker Dunapack Rambox Prodimpex, part of Austrian group Prinzhorn, reported turnover worth RON296 million (EUR59.5 million) in 2024, up around 3.3% from 2023, in line with ZF calculations based on Finance Ministry.
Romanian paint and coatings maker Köber for 2024 reported turnover worth RON568.1 million (EUR114.2 million), up 3.8% from 2023, in line with ZF calculations based on Finance Ministry data.
Romania insurance market at the end of the first quarter of 2025 reached a RON6 billion volume of gross underwritten premiums, posting a 7% advance from the first three months of 2024, in line with data published by the market watchdog ASF.