ZF

UAMT Oradea Enters Preventive Composition Procedure

Thu, 17 Apr 2025 19:44:04 GMT

Automotive component manufacturer UAMT Oradea (UAM.RO), has announced entry into a preventive composition procedure to avoid insolvency.

Restart Energy Announces Start Of Preventive Composition Procedure

Thu, 17 Apr 2025 17:45:50 GMT

Electricity supplier Restart Energy One SA on Thursday notified the Bucharest Stock Exchange about the start of the preventive composition procedure.

Simtel Team Gets RON141M Financing From Banca Transilvania For 52 MWp Project in Giurgiu

Thu, 17 Apr 2025 17:28:19 GMT

Engineering and technology company Simtel Team S.A. (stock symbol: SMTL) has informed shareholders in a stock market report on April 17 about the conclusion of a significant contract with lender Banca Transilvania (TLV) for a project targeting a 52 MWp photovoltaic park (PV) in Giurgiu.

Statistical Office: Romania's Industrial Sales Down 1.2% YoY In January-February 2025

Thu, 17 Apr 2025 17:00:36 GMT

Romania’s industrial sales decreased by 1.2% year-on-year in January-February 2025 due to a 1.9% annual decline in manufacturing sector sales, the statistical office, data from the country’s statistical office INS showed on Thursday (April 17).

Slovak Eyewear Retailer Eyerim Expects EUR21M Sales In Romania In 2025

Thu, 17 Apr 2025 16:52:20 GMT

EYERIM, one of the most dynamic optical retailers in Central and Eastern Europe, anticipates sales of EUR21 million in Romania in 2025, as the local market generated over 10% of the Group's revenue in 2024.

Premier Restaurants Romania Opens New McDonald’s Restaurant In Mall Moldova In Wake Of RON4.5M Investment

Thu, 17 Apr 2025 14:15:45 GMT

Premier Restaurants Romania, the operator of the McDonald’s restaurants in the country, is inaugurating its fifth restaurant in the city of Iasi, within the new Mall Moldova shopping center, following an investment of RON4.5 million.

Sphera Franchise Group Opens Its Third KFC Restaurant In Iasi In Wake Of EUR600,000 Investment

Thu, 17 Apr 2025 11:33:00 GMT

Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on April 17 about the opening of its third KFC restaurant in the city of Iasi, within the Mall Moldova shopping center.

Statistical Office: Romania Manufacturing Industry Orders Down 1.8% YoY In January-February 2025

Thu, 17 Apr 2025 11:02:31 GMT

Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets), fell by 1.8%, in nominal terms, year-on-year in January-February 2025 due to a 4.4% drop recorded in the capital goods industry, data from the country's statistics board INS showed on Thursday (April 17).

Fidelis Government Bonds Worth Over RON1.3B Debut On Bucharest Stock Exchange

Thu, 17 Apr 2025 10:32:00 GMT

Romania's finance ministry has attracted almost RON838 million and EUR101 million, respectively, (values totaling over RON1.3 billion – nearly EUR269.7 million), via the third primary offer for the sale of government securities to the general population (FIDELIS) carried out in 2025 through the Bucharest Stock Exchange systems.

US Investors, Most Active Buyers on Romania M&A Market in Each of Past 5 Years

Thu, 17 Apr 2025 07:31:52 GMT

The biggest number of local deals had US investors as buyers during the 2020-2024 period, in line with EY data.

Electrogrup Cluj Ends 2024 with over RON1B Turnover

Thu, 17 Apr 2025 07:22:51 GMT

Electrogrup of Cluj-Napoca, a member of E-INFRA group, in 2024 posted turnover worth RON1.046 billion (around EUR210.3 million), down 2.9% from 2023, in line with ZF calculations based on Finance Ministry data.

Quehenberger 2024 Profit Falls 28% in 2024 YOY To RON15.7M

Thu, 17 Apr 2025 07:17:17 GMT

Quehenberger Logistics Rou, a major player on the transport and logistics market, for 2024 reported turnover of almost RON363,8 million (EUR73,1 million), close to 2023 level. Net profit reached RON15.7 million (EUR3,1 million), 28% lower than in 2023.

Kitchen Shop Launches Online Store in Europe, Set to Open Two Units in Bulgaria

Thu, 17 Apr 2025 06:49:05 GMT

Cooking equipment retailer Kitchen Shop has expanded its activity abroad by launching an online store on Europe market. The business was already present abroad, with two stores in Budapest.

BCR Plans To Distribute RON1.4B Dividends

Thu, 17 Apr 2025 03:00:00 GMT

BCR, the second-largest bank on the Romanian market by assets, made a non-consolidated net profit of RON2.8 billion in 2024, 50% of which should go to shareholders as dividends.

Agroland Feed Production Doubles, Egg Production Up 37% In Q1, 2025

Wed, 16 Apr 2025 20:58:27 GMT

Entrepreneurial group Agroland (AG.RO), with retail, agribusiness, food production and animal nutrition operations, has recently announced significant growth in production of feed and eggs sold in the first quarter of 2025.

PartnerVet Buys Veterinary Clinic Animal Care Center In Constanta

Wed, 16 Apr 2025 18:26:17 GMT

PartnerVet group, held by Romanian entrepreneur Ferenc Korponay and the Dragic family, announces integration of verterinary clinic Animal Care Center (ACC) in Constanta in its partner clinic portfolio.

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.1%, In March 2025

Wed, 16 Apr 2025 18:05:00 GMT

Romania posted the highest annual inflation rate, of 5.1%, among European Union (EU) Member States, in March 2025, data from Eurostat, the bloc's statistical office, showed on Wednesday (April 16).

Cargus Survey: Romanians Shop Online For Gadgets And Toys Instead Of Traditional New Clothes For Easter

Wed, 16 Apr 2025 17:32:19 GMT

In 2025, the online shopping basket for Easter looks different as consumer preferences continue to shift towards digital and practical products.

Dumitru Chisalita Appointed Chairman of Romgaz's Board of Directors

Wed, 16 Apr 2025 17:07:03 GMT

Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has appointed Dumitru Chisalita as new Chairman of the Board of Directors, effective April 16, according to a notification sent to the Bucharest Stock Exchange (BVB).

OMV Petrom And CE Oltenia Sign Four Execution Contracts For Photovoltaic Projects, Total Investment Tops EUR400M

Wed, 16 Apr 2025 16:55:31 GMT

OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), announces the signing of design and execution contracts for four photovoltaic parks.