Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) promotes 11 lawyers and 1 tax consultant in 2025, bolstering five key practice areas within the firm.
Net investment in Romania's economy decreased by 4.9% in 2024 against 2023, to RON193.79 billion (EUR38.936 billion), the country's statistical office INS announced on Wednesday (March 12), citing provisional data.
The number of housing units completed in Romania in 2024 fell by 15% compared to 2023 to a total of 60,787 units, data from the country’s statistical office INS showed on Wednesday (March 12).
Romania's trade balance posted a deficit of EUR2.7 billion in January 2025, higher by EUR761 million (+38.5%) compared to the level reported in January 2024, data from the country's statistical office INS showed on Wednesday (March 12).
North Bucharest Investments, NBI, has sealed a partnership with real estate developer Primes for the sale of Primes Rahmaninov Collection housing project of northern Bucharest, a total EUR20 million investment due to be completed in the second half of next year.
A new private equity fund, Trinity Investments Management, is making inroads into the CEE financial investor market, exclusively targeting food industry companies in the region. The main markets it eyes are Romania and Poland.
Romania car production declined by 14% in the first two months of 2025 against the year-earlier period, to a total of 85,260 units, in line with data provided by the country’s carmakers association ACAROM.
AROBS Transilvania Software, the largest IT player listed on the local capital market, aims to further expand M&A processes, penetrate foreign markets and consolidate products on the markets the company is already active on, says the company’s CEO Voicu Oprean.
State-run Hidroelectrica (H2O.RO), the largest electricity generation company in Romania, has budgeted RON10.3 billion revenue for 2025, an increase of 2% on the 2024 level, as well as RON3.55 billion net profit, 13% lower year-on-year.
Truffle Tim, a company whose story began in 2022 with foraging through Romania’s forests for one of the highest prized delicacies, truffles, has managed to take this delicacy to the Europeans’ tables in only two years.
Graffiti Plus (GRF+), one of Romania’s leading communication consultancy agencies for brands and businesses with societal relevance, has announced in a press statement on March 11 its intention to debut on the Bucharest Stock Exchange in 2025.
Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers’ annual report.
Renewable EPC by Allview, the green energy unit of Visual Fan, has signed a new contract to design and execute a photovoltaic park in Resita, Caras-Severin county.
Growth capital fund Morphosis Capital Partners BV for 2024 reported combined turnover of companies part of its portfolio worth EUR94 million, 30% higher than in 2023.
Green Tech International, a company that supplies geothermal water in Calimanesti-Caciulata, registered RON2.56 million net profit in 2024, five times higher than in 2023.
AROBS Transilvania Software, the largest tech company listed at the Bucharest Stock Exchange, has entirely taken over SVT Electronics, a developer of electronic solutions for the transportation industry based in Targu-Mures with RON11 million turnover and RON4.5 million profit in 2024.