02.28.2024

Infinity Capital Investments registered revenues worth RON100.6 million in 2023, down 48%, and RON7.6 million net profit, 58% lower than in 2022, impacted by the dynamic of dividend income. more

02.19.2024

Alternative investment fund Evergent Investments in 2023 registered a RON200 million net profit, 73% higher than in 2022, while assets under management reached RON3 billion during December, an more

02.16.2024

Transilvania Investments Alliance (TRANSI.RO), an alternative investment fund listed at the Bucharest Stock Exchange, ended 2023 with net profit of RON232.26 million, up 264.5% from 2022, being the more

02.15.2024

At the end of 2023, electricity distribution company Distributie Oltenia drafted the documents needed to obtain financing from the energy ministry for 22 projects, in the counties of Arges, Dolj, more

02.15.2024

Romania's energy ministry and the companies Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea (part of the PPC Group in Romania, previously named E-Distributie Muntenia, more

02.15.2024

Developers mull building two new data centers with overall 40-45 MW power in Romania, meaning total investments of almost EUR500 million, in line with data provided by Knight Frank, the real estate more

02.13.2024

The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and hotels, across Poland, Czech Republic, Hungary, Slovakia, more

02.13.2024

Alternative investment fund Evergent Investments (EVER.RO) has announced in a stock market report on Tuesday (Feb 13) that it decided to continue the investments in listed stocks through credit more

02.13.2024

OMV Petrom has for 2024 earmarked a budget of around EUR300 million for acquisitions, with the funds covering both deals signed in 2023 and set to be completed this year, as well as new takeovers, more

02.13.2024

Romanian paint and coatings maker Köber of Neamt county is developing two major investment projects in parallel, in Hunedoara and Neamt counties. more

02.08.2024

Thermal-insulating panel producer Topanel in 2023 operated total investments worth above EUR15 million, with most money being directed to boosting production capacities of Ramnicu Valcea and making more

02.07.2024

The Local Development Agency, a public company having the city of Oradea as majority shareholder, attracted total investments of EUR28.3 million in 2023, which will create 10,200 jobs until 2028, as more

02.06.2024

Infinity Capital Investments (INFINITY.RO) has announced in a stock market report that it would hold on Feb 14, 2024 an open competitive bidding for the sale of a 99.99% ownership stake in Complex more

02.01.2024

Oltean family, which owns Maviprod-IRUM group of companies, has for the period 2024-2028 earmarked EUR20 million investments in development, thus continuing the retooling of the farming and forestry more

01.29.2024

Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has investments of around RON100 million (the equivalent of EUR20 million) underway, with half being European more

01.29.2024

Romania’s biggest airports, including those of Iasi, Cluj, Timisoara, Sibiu and Craiova, are set to complete investments of almost EUR670 million this year aimed at terminal modernization and more

01.25.2024

Romanian precast concrete product manufacturer ASA CONS, based in Turda, has budgeted a turnover of almost EUR30 million and investments of EUR1 million in 2024. more

01.22.2024

Builder Concelex plans to develop the group’s road infrastructure unit amid a wave of investments earmarked in this direction, justified by the dire need to develop the road and highway network. more

01.15.2024

DIY retailer MAM Bricolaj of Bucharest plans to focus more on online sales in 2024, as well as on one of its physical stores, whose performance is weaker. more

01.15.2024

Mirdatod Prod, which owns Telemea de Ibanesti brand, ended 2023 with 10% higher turnover from 2022, when it posted EUR112 million turnover. For 2024, the company’s officials have budgeted a similar more

01.12.2024

Infinity Capital Investments (SIF5 – formerly known as SIF Oltenia) has announced in a stock market report on Friday (Jan 12, 2024) that it was organizing on Jan. 31, 2024 an open competitive more

01.12.2024

Building materials producer Cemacon says 2023 brought, for the second year in a row, a significant contraction of the market it operates on, mainly amid slowing housing sector. Nevertheless, the more

01.08.2024

Net investments in new construction works exceeded RON74.188 billion in the first nine months of 2023, accounting for 62.6% of total investments in Romania's economy, compared to 62% in the similar more

12.29.2023

Adela Margean, national sales manager at Ice Dyp Balas SRL, a Timis-based ice cream producer, says 2024 is likely to bring a sales decline because of the new tax changes and the VAT hike to 19% for more

12.20.2023

Independenta Sibiu, a company Transilvania Investments, one of Romania’s largest investment funds, is a majority stakeholder in, has completed the first phase of the rehabilitation of industrial more