Chemical company Sinteza Oradea (STZ.RO), on Friday notified the Bucharest Stock Exchange that alternative investment firm Roca investments, which owns 18% in Sinteza, conducted an accelerated private placement on February 13 to sell its 11.9 million shares.
Sales of new passenger cars and light commercial vehicles on the Romanian market are expected to go up by 1.1% this year against 2024, with Romania being, together with Slovakia, the only countries of Central Europe due to end 2025 in the black, reveals PwC Autofacts report for Romania, Poland, Czechia, Hungary and Slovakia.
DN Agrar Group, the largest integrated livestock farm in Romania, reported consolidated preliminary unaudited turnover worth RON175 million for 2024, up 16% from the previous year.
Romania annual inflation slid in January 2025 to 5%, after staying flat at 5.1% in November and December 2024, data from the country’s statistics board showed on Friday, February 14.
Romania economy inched up by 0.7% in the fourth quarter of 2024 in both unadjusted and seasonally adjusted data against the year-earlier period, while, against Q3/2024 it had a 0.8% advance in real terms, in line with data published on Friday, February 14, by the country’s statistics board INS.
German discounter Lidl, leader of Romania retail by turnover, boasts ambitious expansion plans: 200 new stores in Romania by 2030.
Silviu Popovici, the most powerful Romanian executive, currently PepsiCo EMEA CEO, together with Mircea Draja and Stefan Rusen, two former top managers at Coca-Cola group, are developing Real Foods business, specializing in healthy food.