SIGNAL IDUNA companies ended 2024 with a total volume of gross written premiums of nearly RON424 million, up 16% year-over-year, amid the expansion of the portfolio, digitalization, the launch of new solutions and the agreement to acquire the company Garanta Asigurari, which is subject to scrutiny and approval by Romania's Financial Supervisory Authority (ASF).
Agroland Business System (AG.RO), a Romanian entrepreneurial retail, agriculture and food group, which owns the largest farm supply store in the country, has notified the Bucharest Stock Exchange that it will undergo a comprehensive rebranding process and a reorganization of its operational structure through the consolidation of activities under the Agroland Group umbrella.
The pace of change in recent months has accelerated, with a direct impact on the way we work, learn and adapt, therefore, over half of Romanians (58%) say they had to improve their skills either to keep their jobs or to advance in their career, a trend that is increasingly reflected in the way candidates constantly update their skills in their CVs, as per a survey by online recruitment platform Bestjobs.
Romania's mergers and acquisitions (M&A) market recorded 51 transactions in the first quarter of 2025, with an estimated combined value of USD1 billion, reflecting a 25% decline in the number of deals (68) and 29% fall in value (USD1.4 billion) of M&A compared to the fourth quarter of 2024, as per an analysis by EY.
Romania's trade balance posted a deficit of EUR5.62 billion in January-February 2025, higher by 35.1% than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Wednesday (April 9).
Funky Buddha, a fashion retailer owned by Greek group Altex, is opening its first store of Romania, in ParkLake Shopping Center, in mid-April and is set to add a second unit during the current year, as well as an online store.
MAGNOR, a Romanian-held company specializing in pawnbroking and money exchange services, in 2024 registered consolidated turnover worth RON165 million, up 64% from 2023, while net profit reached RON13.5 million, 4% higher.