26 sep 2024

Prodvinalco (VAC.RO), a company majority-owned by Mircea Todea, Vasile Albon and Marcel Hosu, posted RON11.2 million net profit in the first half of 2024, 43% higher than in the year-ago period. more

25 sep 2024

Soufflet Agro Romania, part of France’s Soufflet Group., posted RON217.5 million (some EUR44 million) revenue in 2023, 36% lower than the RON340.4 million (EUR69 million) of 2022, ZF has calculated more

25 sep 2024

Singapore sovereign wealth fund GIC might be considering the sale of P3’s logistics project in Romania, according to real estate market data, and the shortlist is said to include CTP, WDP, as well more

25 sep 2024

Fondul Proprietatea (FP.RO) on Wednesday evening notified the Bucharest Stock exchange that total subscription in its public tender offer conducted to buyback its shares stood at 1.85 billion shares more

25 sep 2024

Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that it had commenced the process of delisting the global depository receipts (GDR) from the more

25 sep 2024

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, is planning to implement a number of cost cutting solutions soon, as four years after the pandemic, the automotive industry is more

24 sep 2024

Romanian startup Pentra (formerly Pentest Copilot), which was among the finalists of the Innovation Labs 2024 and was selected by Early Game Ventures to get funding, has recently received the more

24 sep 2024

Romania’s future retirees, that is about 8.3 million people contributing to Pillar II mandatory pension funds are the biggest investors of Banca Transilvania (TLV.RO), data aggregated by ZF show. more

24 sep 2024

Entrepreneurial company 2B Intelligent Soft (BENTO.RO) posted RON12.1 million net profit in the first half of 2024, an increase of 106% on the year-ago period, while operating revenue increased by 93% more

23 sep 2024

Private equity investment in Romania stood at merely EUR130 million or 0.041% of the GDP in 2023, ZF has calculated from ROCA-supplied data. more

23 sep 2024

Restart Energy One, one of the main independent electricity and renewable energy suppliers to household and SME consumers in Romania, ended the first half of 2024 with RON36.6 million revenue, 70% more

23 sep 2024

The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the more

20 sep 2024

Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, saw its losses widen to RON12 million in the first half of 2024, from RON8.7 million in the same time in 2023, while more

20 sep 2024

The board of directors of state-run Romgaz (SNG.RO), the largest natural gas producer in Romania, on September 19 approved, based on the decision of shareholders, the establishment of the Euro Medium more

19 sep 2024

The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is part of the plan to expand outside Bucharest. more

19 sep 2024

Austria’s Lasselsberger group, which owns ceramic tile maker Sanex in Cluj-Napoca, has submitted the largest investment of those seeking state aid via Construct Plus government scheme. The group more

19 sep 2024

Mineral water bottler Perla Harghitei has an ambitious investment plan, EUR40 million, self-funded. The Sancraieni, Harghita County-based company plans to upgrade and boost production and storage more

19 sep 2024

Pharmaceutical producer Zentiva SA (SCD.RO) on Thursday notified the Bucharest Stock Exchange of the decision of the Financial Supervisory Authority (ASF) to approve the tender offer for its shares more

18 sep 2024

Dan Timotin, a Romanian executive with 13 years of experience in the Coca-Cola system, took over as general manager of Coca-Cola HBC Egypt last month, according to his LinkedIn profile. more

18 sep 2024

Mihnea Radulescu, one of the best known executives in the local telecom industry, who has been running the business unit of Vodafone, will return to US telecom giant Liberty Global as of October 1, more

18 sep 2024

Real estate developer One United Properties (ONE.RO) on Wednesday notified the Bucharest Stock Exchange that Vinci Ver Holding, the special purpose vehicle of Victor Capitanu, one of the two founders, more

18 sep 2024

Andreas STIHL Power Tools SRL, the local subsidiary of Andreas STIHL AG&Co. KG. of Germany, has invested more than EUR21 million so far and created around 40 jobs at its new plant in the Eurobusiness more

18 sep 2024

Agroserv Mariuta (MILK.RO), a Romanian agribusiness and owner of the Laptarie cu Caimac dairy brand, posted RON59 million operating revenue in the first half of 2024, an increase of 1% on the year-ago more

18 sep 2024

CITR, the court-appointed trustee of Damen Shipyards Mangalia, has had repair contracts signed for two ships and identified the assets that are non-essential for the shipyard’s operation in view of more

17 sep 2024

Hungary-based startup Munch, which provides an application designed to help curb food waste and entered the Romanian market this spring, is expanding operations in the country to Iasi, where it more