The shareholders of Arobs Transilvania Software (stock symbol: AROBS), the largest IT company listed on the local capital market, at the end of May 2025 approved the acquisition of 70% of the share capital of a company based in US State of Nevada and active in the field of software development, the company announced in a stock market report released on May 28.
Entrepreneurial company Grup Serban Holding (stock symbol: GSH), active in several fields of agriculture, reported a turnover of RON60.5 million for the first quarter of 2025, down 53% against the same period of 2024, as per its financial report.
Romania's Finance Ministry raised RON936 million from banks on Monday (June 2), selling government paper, at an annual average yield of 7.54%.
Romania's foreign exchange reserves stood at EUR55.6 billion at the end of May 2025, lower by EUR6.7 billion than the EUR62.4 billion level reported on April 30, 2025, Romania’s central bank announced on Friday (May 2, 2025).
Deloitte Romania is strengthening its top management team by promoting Andrada Tanase to the position of partner in the advisory practice and Camelia Malahov, Maria Butcu and Monica Tariuc-Teodorescu to the role of partners in the tax and legal practice, starting with June 2025.
Pharmaceutical company Johnson&Johnson Romania has appointed Andreea Mocofan as country director for the local operations.
New passenger car registrations in Romania in May 2025 dropped by 32.7% from May 2024, to 10,521 units, in line with data provided by Romanian Carmakers Association ACAROM.
Businessman Dorin Bob, owner of MIB Prodcom, which owns can brand Arovit, and of real estate developer Studim Green of Cluj, obtained European funding totally worth EUR4.6 million to expand farming activities of Satu Mare, set up new hazelnut plantations, reconvert an orchard, install modern irrigation systems and acquire state of the art technology.
Alternative investment fund Lion Capital registered a RON36.5 million loss in Q1/2025, from RON11.3 million profit in the same period of 2023.
Printec Group Romania, a leading payment solutions provider for the banking industry, in 2024 registered turnover worth RON115.9 million (around EUR23.3 million), up 9% from 2023. At the same time, the company’s net profit climbed 3% to RON8.7 million (around EUR1.75 million).