Bathroom furniture producer Savini Due, controlled by Italian businessman Piersante Savini, has inaugurated its new factory in Sebes (Alba County), which entailed an investment of almost EUR40 million covered from the company's own sources and bank loans.
tbi bank has increased to 8% per year the interest rates on 1-month term deposits in lei for individuals.
The share capital of steelmaker Liberty Galati was increased by RON730 million by incorporating a EUR145 million debt held by the company's majority shareholder Liberty Holdco Galati & Skopje Limited.
Libra Internet Bank has increased the interest rates on deposits in lei for both individuals and legal entities, starting May 13, 2025.
Hygienic tissue paper producer Elfi, which has a factory in Albota (Arges County), announces investments of EUR10 million in 2025 for the expansion of production capacity and targets a 15% increase in turnover.
Oil terminal operator Oil Terminal, in which the Romanian state holds an 88% stake, reported RON10.3 million net profit during the January-March 2025 period, 64% below the level of the year-earlier period.
Romania's annual inflation rate remained unchanged in April 2025, at 4.9%, compared to March 2025, data from the country's statistical office INS showed on Tuesday (May 13).
Safetech Innovations, a Romanian cybersecurity company with offices in Bucharest, London, Abu Dhabi and Ryad, at individual level registered a RON3 million net profit in the first quarter of 2025, up 11% from the year-earlier period, RON13.2 million revenues, down 13% from Q1/2024, and RON9.3 million turnover, 21% lower.