Outsourcing service provider Genpact Romania, the local subsidiary of the Indian group by the same name, continues investment in Iasi by opening a new delivery center, its officials said in a statement.
UniCredit Bank and the European Bank for Reconstruction and Development (EBRD) have signed a synthetic securitization agreement for a portfolio of nearly EUR775 million, which includes loans for small and medium-sized enterprises (SMEs) and for companies, granted by UniCredit Bank.
OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached a total hydrocarbon production of 107.5 thousand barrels of oil equivalent (boe) per day, in the first quarter of 2025, lower by 3.8% compared with the first quarter of 2024 and higher by 0.28% against the fourth quarter of 2024.
Alfa Group, held by entrepreneur Alin Niculae, is currently building the second phase of the Cloud9 Residence residential project in Bucharest's north-eastern area of Pipera, and is readying to launch the third phase of the project in 2025, Razvan Brasla, CEO Cloud9 Residence, told the conference "ZF Trends in the residential market 2025."
International hotel group Accor announces the introduction of Handwritten Collection brand on the local market.
Coffee shop network 5 to go, with almost 600 locations, is launching a new concept, Espresso, a franchise model whereby entrepreneurs can use a “turnkey” mobile retail trailer to sell the products, conceived as a business with a low investment cost, suitable for areas with limited commercial spaces.
Romania’s national grid company Transelectrica has budgeted total RON8.54 billion revenues for this year, 8.1% higher than in 2024, and RON153.3 million net profit, down 74.3% from the 2024 figure.
Fashion producer and retailer Nissa is investing RON35 million to expand Craiova plant. More than half of the sum comes as EU funds drawn via Just Transition scheme.