Romanian geothermal energy company Green Tech International posted RON13.7 million operating revenues in 2025, up 8% from 2024, while net profit declined 79% to RON530,000.
Law firm Filip & Company has legally assisted Veranda Obor S.A., the company that owns shopping center Veranda Mall, in getting EUR36 million funding from CEC Bank.
Biodegradable and compostable packaging maker Promateris ended 2025 with RON136.7 million sales, 20% above the 2024 level, while net profit recorded a similar increase, of 20%, to RON2 million.
ROCA Industry, the first industrial holding in Romania, specialized in building materials, in 2025 registered RON629.6 million consolidated turnover, up 5.1% from 2024, but switched to net losses of RON29.7 million, from RON5.9 million net profit in 2024.
Qivalis, a European banking consortium, is reportedly in talks with crypto exchanges ahead of a planned euro stablecoin launch in the second half of 2026. Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin, Spanish business newspaper Cinco Días reported Monday. The group, including banks such as ING, UniCredit, and the recent addition of BBVA, is moving toward the launch of a stablecoin in the second half of 2026, Cinco Días reported. The consortium is now reportedly in advanced discussions with crypto exchanges, market makers and liquidity providers. The shareholder banks themselves will also be able to distribute the stablecoin. Read more