Entrepreneur Sorin Bratila, who owns Public Solar of Buzau, a company providing energy solutions, will invest around EUR20 million in a plant manufacturing aluminum profiles for the photovoltaic system and constructions industries.
The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8% from 2023, in line with NBR data.
Craiova-based Softronic, a company specializing in the manufacture of new rail vehicles and in upgrading existing ones, has obtained a license to operate in Serbia, the fifth country where Transmontana locomotives are licensed for use with freight trains, Softronic said in a press release.
Clothing manufacturer Secuiana, based in Targu Secuiesc, Covasna County, estimates RON55 million (EUR11 million) revenue for 2025, up by about 8% compared with 2024, according to ZF calculations based on data supplied by the company.