FlixBus, the travel-tech company operating the largest intercity coach network in Europe, is launching its first routes in Romania, which will be operated in partnership with local carriers.
Romania’s central bank posted RON5.64 billion operating profit in 2024, an increase of 16% or RON798 million on 2023, the institution announced.
In a context where Romania IT industry is marked by negative news, such as personnel cuts or even office closedowns, GlobalLogic, part of Japanese group Hitachi, has announced it is set to expand locally right in Bucharest, which concentrates the biggest number of hi-tech players.
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, controlled by entrepreneur Gruia Stoica, has recently launched the Leon train.
Germany’s DEHN Group, which specializes in lightning and surge protection and safety equipment solutions, inaugurated the construction site for its first manufacturing facility in Romania, in Cateasca, near Pitesti, Arges County, on Wednesday, June 18. The investment stands at about EUR10 million.
Celestica (Romania), the local subsidiary of the Canada’s Celestica Group, posted RON1.545 billion (EUIR310.6 million) revenue in 2024, down 21.4% from the previous year’s RON1.967 billion (EUR397.8 million), according to ZF calculations based on Finance Ministry data.
Private equity fund MidEuropa Partners is in advanced talks for a new acquisition in Romania, of a company that has an entrepreneur and an investment fund among shareholders.
Fibula Air Travel, one of the largest tour-operators in Southeastern Europe and leader in Eastern Europe and Switzerland, is expanding its business model in Romania with a new move: the launch of its own platform for direct sales to tourists.
Alfasigma, an Italian-held pharmaceutical company, with over 17 years of presence in Romania, wants to develop on this market and grow in terms of results, employees, and product portfolio.
Convenience store chain Froo, developed by Poland’s Żabka Group, opened its 100th store in Romania, in just one year since entering the local market.
A total of 10,962 dwellings were put into use in Romania in the first quarter of 2025, fewer by 398 units than in the same period of 2024, data from the country’s statistical office INS showed on Thursday (June 12), citing provisional data.
Romanian bitumen emulsion producer SAT Reabilitare Reciclare, a subsidiary of Austrian construction group STRABAG SE, is inaugurating on June 11 the largest largest bitumen emulsion production facility in Romania, in the locality of Criseni, Salaj County, following an investment of EUR2.2 million.
In 2024, the total monthly average income in Romania stood at RON8,270 per household, in nominal terms, representing RON3,302 per person and increasing by 15.3% and 15%, respectively, compared to 2023.
The three entities the US IT giant Oracle has in Romania – Oracle Romania SRL, Oracle Global Services Romania SRL and Oracle Sovereign Cloud Romania SRL, posted RON1.6 billion revenue together in 2024, 23.2% more than in 2023, and their average number of employees went up by 82 to 4,457.
Installing Bitcoin ATMs inside post office locations is part of a broader push to modernize Romania’s postal service with digital tech. Poșta Română, the national postal service of Romania, installed its first Bitcoin ATM at a branch location in the city of Tulcea, in partnership with the Bitcoin Romania (BTR) exchange. According to an announcement from the postal service, the next locations to receive Bitcoin (BTC) ATMs will be in Alexandria, Piatra Neamț, Botoșani, and Nădlac. The ATMs are part of a broader push to overhaul existing infrastructure with digital technology and to expand service offerings to underserved areas in the country. Read more
The European Fund for Southeast Europe (EFSE) has granted a EUR8 million Basel III-compliant Tier 2 Capital subordinated loan to Patria Bank (stock symbol: PBK) to strengthen its capitalization and increase its lending capacity to Micro, Small, and Medium-sized Enterprises (MSMEs) across Romania.
Czech financial group Partners is expanding its footprint in Romania by acquiring loan broker Kiwi Finance, a company that will continue to operate independently, under the same brand and with the same leadership team.
The increasingly easy access to loans, economic instability and rising constructions costs shaped up a quite tense start to the year for the housing market. Thus, in the first four months of 2025 the number of deals with apartments in Romania declined by almost 9% against the year-earlier period.
Germany’s Continental Group, the largest actor in the Romanian automotive industry, with almost 20,000 employees, has announced a number of streamlining steps that will affect about 870 jobs at its ContiTech and Automotive units in Romania.
Leroy Merlin, the second leading actor in Romania’s DIY retail market by revenue, is strengthening its local presence through an accelerated expansion program that entails opening 11 new stores between 2025-2027.