Romania's Finance Ministry raised RON675.7 million from banks on Monday (February 17, 2025) selling benchmark bonds, at an annual average yield of 7.06%.
Liviu Balan, an executive with a more than 20-year local and international experience at Continental, will take over the position of head of country for the automotive business of the group in Romania on March 1, 2025.
ING Bank Romania raked in RON3.8 billion revenues in 2024, up 13% from the 2023 level.
DN Agrar Group, the largest integrated livestock farm in Romania, has convened its shareholders for March 25 to vote on projects for 2025 involving total investments of around EUR3.4 million.
Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, expects 2025 turnover to be unchanged from last year, when it hit EUR130 million.
Romanians spent EUR9.6 billion on foreign trips last year, EUR1 billion more than in 2023 and up 81% from 2019, a benchmark year in tourism, in line with BNR data and ZF calculations.
Private equity fund MidEuropa, active locally since the early 20002, expects Romania economy to post faster growth than West European ones, which will make the local market an appealing investment destination.
Software solutions developer We as Web of Cluj-Napoca aims to reach over 700 employees by the end of 2025, after having expanded its team by over 100 IT specialists in 2024 and reached 610-610 employees overall.