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.
Law firm Filip & Company has provided legal assistance to Conversion Marketing, part of Dante International S.A. group (eMAG) in the sale of Profitshare Romania and Bulgaria activity to 2Performant Network S.A., a company listed on the AeRO market of the Bucharest Stock Exchange.
Network One Distribution (NOD), the largest player on Romania IT&C equipment distribution, controlled by Iulian Stanciu, one of the most powerful entrepreneurs in the IT industry, has started the race to overshooting a new business threshold, annual turnover of over RON3 billion, after a better-than-expected growth in 2024, inclusively in terms of profitability.
The profitability of Samsung Electronics Romania was under pressure last year, though the company’s turnover continued to grow.
German group DEHN, specializing in lightning and surge protection solutions and safety equipment, will officially start building new production unit in Romania, in CTPark Pitesti, on June 18, 2025.
Mairon Galati, controlled by Miron family, ended 2024 with RON804 million turnover, down 57% from RON1.87 billion in 2023, in line with Finance Ministry data and ZF calculations.
Romania insurance market had the most profitable year in 2024, with a 50% increase against 2023, to over RON1.4 billion, after three years of significant increases.