Romanian Investors Spent EUR577M on Acquisitions in the Region in 2024, Three Times More against 2023

yesterday, 09:39
Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from Emerging Europe M&A Report 2024/2025 drawn up by law firm CMS jointly with EMIS.
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Sameday, Held By eMag Group, Buys 24.9% Stake In Zitec
03.03.2025
Sameday, held by eMag Group and one of the leading players in the courier services industry, has become shareholder in IT and digital marketing... more
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Deloitte: Use Of Gen AI Will Double Electricity Consumption Of Global Data Centers By 2030
03.03.2025
As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is... more
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Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania
03.03.2025
Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the... more
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Foraj Sonde Videle 2024 Turnover Up 20% YOY. Profit Drops 4% To RON18.4M
03.03.2025
Oil drilling company Foraj Sonde Videle posted RON167.3 million turnover in 2024, up 29.2% from 2023. more
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Rompetrol Well Services Ends 2024 with RON10M Profit, Down 13% YOY
03.03.2025
Rompetrol Well Services, one of the leading wellbore special services companies in Romania, registered RON10.3 million net profit in 2024, 12.6%... more
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iBanFirst: Trump’s 25% Threatened Tariffs on EU Products Set to Dent Romania Exports
03.03.2025
Trump’s 25% threatened tariffs on EU products risk to pummel the local economy as the US is Romania’s second largest trade partner after UK,... more
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THR Marea Neagra Reports 72% Lower Profit for 2024
03.03.2025
Turism, Hoteluri, Restaurante Marea Neagra, a company that manages several seaside hotels, for 2024 reported RON9.8 million net profit, down 72%... more
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Romcab Switches to RON114M Loss in 2024 from RON16M Profit in 2023
03.03.2025
Cable producer Romcab Targu-Mures, which is under judicial reorganization and whose main stakeholder has entered bankruptcy, ended 2024 with a... more
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Strong Start to 2025: Lild Opens Nine Stores in Romania in February
03.03.2025
German retailer Lidl on Thursday, February 27, opened four new stores, in Ploiesti, Galati, Campina and Bolintin Vale. more
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Premier Energy Profit Down, Revenue Up In 2024
02.28.2025
Premier Energy (PE.RO), one of Romania's largest natural gas suppliers, also active in the renewable energy business, posted EUR24.2 million profit... more
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Nuclearelectrica Sees Net Profit Down 32% To RON1.7B In 2024
02.28.2025
Nuclear power producer Nuclearelectrica (SNN.RO) posted RON1.7 billion net profit in 2024, a 31.9% decline on the RON2.5 billion of 2023, the... more
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Zentiva Revenue Up 17% To Over RON1.1B In 2024
02.28.2025
Pharmaceutical producer Zentiva (SCD.RO), a company suspended from trading pending delisting from the Bucharest Stock Exchange, following... more
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Aerostar Bacau Ends 2024 With RON96M Net Profit
02.28.2025
Aerostar Bacau (ARS.RO), a supplier of aerostructures, subassemblies and hydraulic systems for global manufacturing programs, ended 2024 with... more
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IAR Brasov Makes RON32M Net Profit In 2024, 33% Higher YoY
02.28.2025
IAR Brasov (IARV.RO), which makes spare parts for and repairs helicopters, posted RON32.1 million net profit in 2024, 33.4% higher than in 2023,... more
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US Software Company TaxDome Ends First Year In Business In Romania With Almost RON600,000 Revenue
02.28.2025
TaxiDome, a software company established in New York in 2017, which provides management solutions for accounting firms and entered Romania in 2024,... more
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Transgaz Doubles Net Profit To RON391M In 2024
02.28.2025
State-run national gas transmission system operator Transgaz (TGN.RO) doubled its net profit to about RON391 million in 2024, while revenue rose... more
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Digi Posts EUR1.9B Revenue And RON540M Profit In 2024
02.28.2025
Telecommunications operator Digi (DIGI.RO), an entrepreneurial business controlled by businessman Zoltan Teszari, posted EUR1.92 billion revenue in... more
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Furniture Retailer Mömax Set to Open Unit in Vitantis Shopping Center
02.28.2025
Mömax, a furniture retailer part of Austrian chain XXXLutz, will open a store of around 5,000 square meters in Vitantis Shopping Center, announced... more
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Reff & Asociatii and Deloitte Romania Assisted UE Furniture in Acquisition of Rus Savitar
02.28.2025
A multidisciplinary team made up of Reff & Asociatii | Deloitte Legal lawyers and financial and tax consultants part of Deloitte Romania assisted... more
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Aquila 2024 Turnover Up 17% To almost RON3B YOY
02.28.2025
Aquila, Aquila, the market leader in integrated distribution and logistics services for the consumer goods market in Romania and the Republic of... more

The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.