ZF

Oxygen Becomes Integrated Communication Agency Of Globalworth

Mon, 31 Mar 2025 09:34:25 GMT

Integrated communication agency Oxygen, with 17 years of experience in the local market, was selected as partner of Globalworth, an investor and developer of office spaces in Romania and Poland.

Rafinor Set to Deliver EUR10M Worth of Investment Gold Bars to MAGNOR in 2025

Mon, 31 Mar 2025 08:05:26 GMT

Rafinor, a company in which entrepreneur Claudiu Diaconu is a majority stakeholder, has sealed a partnership with MAGNOR holding, a Romanian-held company specializing in pawnbroking and money exchange services, for the supply of investment gold bars worth EUR10 million in 2025.

AROBS Transilvania Software Eyes RON460M Consolidated Turnover, Up 11%, RON37M Net Profit, 76% above 2024 Level, in 2025

Mon, 31 Mar 2025 07:31:04 GMT

AROBS Transilvania Software for 2025 targets RON460 million consolidated turnover, up 11%, RON73 million EBITDA and RON37 million net profit, 76% higher than in 2024, for 2025.

One United Properties Buys 21-Ha Land Plot for EUR21M for One City District Project

Mon, 31 Mar 2025 07:18:39 GMT

Real estate developer One United Properties has signed with CPI Romania for the acquisition of a 21-land plot in Bucharest District 5, on the site of former Rocar platform, for the development of One City District, with the value of the deal amounting to EUR21 million.

One United Properties Eyes Turnover Of RON1.55B, Net Profit Of RON393.5M In 2025

Sat, 29 Mar 2025 08:58:56 GMT

One United Properties (stock symbol: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, forecasts a consolidated turnover of RON1.55 billion for 2025, marking the 5th consecutive year in which the company expects to generate revenues of over RON1 billion, as per its report filed with the Bucharest Stock Exchange on March 28.

Norofert Swings To RON3M Net Profit In 2024

Fri, 28 Mar 2025 22:14:15 GMT

Norofert (stock symbol: NRF), the main producer of organic inputs for agriculture and supplier of biotechnology for the Romanian agriculture, said in a press statement that it ended 2024 with a turnover of RON45 million, up 12% on the year.

Sphera Franchise Group Projects 12% Higher Sales Of RON1.73B Sales In 2025

Fri, 28 Mar 2025 21:41:47 GMT

Sphera Franchise Group (stock symbol: SFG), the largest food service group in Romania, has announced in a press statement on March 28 that its 2025 budget reflects a positive growth outlook, with restaurant sales expected to increase by 12.1% year-over-year to RON1.73 billion.

Sema Parc To Host Romania's Most Advanced Elite Football Training Center

Fri, 28 Mar 2025 20:33:18 GMT

Real estate developer Sema Real Estate has leased over 1,000 square meters of space to Elite Skills Arena, which will open the most advanced football training center in Sema Parc, the company has announced in a press statement.

Agroland Group Aims For Net Sales Of RON363.4M, Net Profit Of RON9.8M In 2025

Fri, 28 Mar 2025 20:18:31 GMT

Agroland Business System (AG.RO), a Romanian farming, gardening, and pet care products retailer, targets net sales of RON363.4 million, at consolidated level, in 2025, higher by 14% than the result reported in 2024.

Agroland Business System Opens New Store, In Turnu Magurele

Fri, 28 Mar 2025 19:13:00 GMT

Agroland Business System (AG.RO), a Romanian farming, gardening, and pet care products retailer, has opened the 30th Agroland store in MEGA format in Romania, in the southern town of Turnu Magurele (Teleorman County), as per a statement filed with the Bucharest Stock Exchange on March 28.

Digi Romania Signs Two Export Credit Facilities Agreements Of EUR55M To Expand Telecom Networks In Romania, Portugal

Fri, 28 Mar 2025 18:42:50 GMT

Telecom operator Digi Communications (stock symbol: DIGI) announced in a stock market report on March 28 that Digi Romania (the company’s subsidiary in Romania) signed on March 27, 2025 two export credit facilities agreements in a total principal amount of EUR54.8 million, with a 4-year maturity, which will be used for the expansion of the telecommunications networks of the company’s subsidiaries in Romania and Portugal.

Hexagon Secures Over EUR18M Financing From Libra Internet Bank For Residential Complex In Cluj-Napoca

Fri, 28 Mar 2025 18:09:00 GMT

Romanian real estate developer Hexagon has secured financing of over EUR18 million from Libra Internet Bank for the development of ERA residential complex on the banks of Nadas River in Cluj Napoca.

Statistical Office: Romania Reports Fewer Job Vacancies In 2024 vs 2023

Fri, 28 Mar 2025 16:18:17 GMT

The average annual number of job vacancies in Romania stood at 35.9 thousand in 2024, lower by 4.0 thousand than in 2023, data from the country’s statistical office INS showed on Friday (March 28).

Antitrust Body Clears OMV Petrom’s Outsourcing Of Transport Services To Eugen Trans

Fri, 28 Mar 2025 15:38:02 GMT

Romania's Competition Council has approved the transaction by which OMV Petrom (stock symbol: SNP) intends to outsource transport services from the production areas of Oltenia and Valahia in Pitesti, together with the related personnel, to road transport company Eugen Trans S.R.L.

Nokian Tyres Oradea Plant Starts Delivery Of Tires

Fri, 28 Mar 2025 15:20:33 GMT

Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach customers and consumers in Central Europe via Nokian Tyres’ distribution centers.

Fitch Ratings Revises Electrica's Outlook To Stable; Affirms At 'BBB-'

Fri, 28 Mar 2025 15:17:10 GMT

Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, has informed investors on March 28 that the international agency Fitch Ratings has upgraded on March 27, 2025 the company's rating outlook from "negative" to "stable" and has confirmed the long-term rating at the "BBB-" level.

Evergent Investments Maintains Withdrawal Statement From Aerostar Shareholder Structure

Fri, 28 Mar 2025 12:06:50 GMT

Alternative investment firm Evergent Investments (EVER.RO) has notified the Bucharest Stock Exchange about reaffirming its decision to withdraw from the shareholder structure of Aerostar Bacau (ARS.RO), a supplier of aerostructures, subassemblies and hydraulic systems for global manufacturing programs.

Romgaz Proposes RON604M Dividends To Shareholders

Fri, 28 Mar 2025 10:47:28 GMT

State-run natural gas supplier and producer Romgaz (SNG.RO), has called shareholders for April 29 to vote on the distribution of a RON0.1568 gross dividend per share from 2024’s profit and from the retained earnings, or about RON604 million in all.

Dexory Joins Endeavor’s Global Network To Accelerate Its International Growth

Fri, 28 Mar 2025 10:46:31 GMT

Dexory, a robotics and data intelligence company, founded by Romanian entrepreneurs Oana Jinga, Andrei Danescu and Adrian Negoita, has officially joined Endeavor’s global network.

Electrica Plans To Distribute RON60M Dividends In 2025

Fri, 28 Mar 2025 09:44:25 GMT

Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, seeks shareholder vote on April 29 for distribution of RON60 million dividends from the RON65.8 million net profit of 2024.