Romanian authorities issued 7,630 residential building permits in the first quarter of 2025, 2.8% more than in the same period of 2024, data from the country’s statistical office INS showed on Wednesday (April 30, 2025).
Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza Onofrei and Cosmin Roman.
Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is changing its name to Pensia Mea Plus.
BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved operating result underpinned by significant advance in customer business.
Winemaker Purcari wants to distribute to investors a dividend of RON0.65/share.
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier period, while retail and corporate lending posted two-digit increases.
OMV Petrom, Romania’s sole oil and gas producer, for the first quarter of 2025 reported RON9 billion sales, up 5% from the year-earlier period, while its net profit declined by 24% to RON1.07 billion.
Upholstered furniture maker Polipol, owned by the German group of the same name, for 2024 reported turnover worth RON158.7 million (EUR31.9 million), down 10.7% from 2023, in line with ZF calculations based on Finance Ministry data.
Aquila Part Prod (AQ.RO), an integrated distribution and logistics services company for the consumer goods market in Romania and the Republic of Moldova, will distribute dividends of approximately RON60 million to shareholders on June 6, following the decision of the General Meeting of Shareholders on April 29.
Electrical materials and lighting fixtures distributor Tub Integral, held by the Tarmure family from Bistrita, posted RON73.3 million (EUR14.7 million) revenue in 2024, down by about 3.2% from the RON75.7 million (EUR15.3 million) in 2023, according to ZF calculations based on Finance Ministry data.