Law firm Filip & Company has legally assisted Dante International (eMAG) and HeyBlu IFN, a financial services company owned by eMAG group, in the acquisition of 100% of Orange Money IFN shares.
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and pre-sold.
Transilvania Investments Alliance is convening its shareholders on March 10, 2025 to approve among others a share buyback program of up to RON92.5 million to reduce capital and the distribution free of charge to directors and employees, as well as a loan of maximum RON200 million for investments.
BRD Groupe Societe Generale, the fourth largest bank in Romania, in 2024 posted RON1.47 billion net profit, down 9.7% from 2023, and RON3.89 billion net banking income, up almost 5%.
Investment fund Fortech Investments has since its launch in 2021 invested EUR8 million in 18 tech startups, of which EUR2 million were earmarked last year for 5 new projects.
Romania smartphone market rose by 3% in 2024 by value amid consumers’ penchant for more expensive models and the tendency will maintain this year.
New car registrations were down 6.4% to 11,920 units in January, data from Romania’s carmaker association ACAROM show. In comparison, 2024 started with a 4% increase to 12,733 units.