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Romania financial watchdog ASF has signed the contract for the funding of its digital transformation project, totally worth RON96.4 million, of which RON72.2 million represents funding via ERDF (European Regional Development Fund) and RON24.1 million national contribution.
Sighetu Marmatiei-headquartered Plimob, a major supplier for Swedish concern IKEA, in 2024 registered turnover worth RON212.6 million (EUR42.7 million), up 4.2% from 2023, in line with ZF calculations based on Finance Ministry data.
Euro Auto Plastic System, the local subsidiary of French giant Faurecia, for 2024 reported turnover of RON643.7 million (EUR129.4 million), up 30% from the previous year, in line with ZF calculations based on Finance Ministry data.
Construction company CML.RO, owned by entrepreneurs Mihaela and Vasile Ros, for 2024 reported turnover worth almost RON182.3 million (EUR36.6 million), slightly down, by 1.8%, from 2023, in line with ZF calculations based on Finance Ministry data.
Grup Serban Holding, a Romanian-held group of firms operating in agriculture and food industry, has an investment budget of over EUR80 million, from a syndicated loan, non-reimbursable funds and reinvested profit.
Arctic Stream (AST.RO), an integrator of IT infrastructure and security, controlled by entrepreneur Diaconu Dragos Octavian, on Monday evening notified the Bucharest Stock Exchange of having bought 50.2% in ITPrepared, which specializes in managing IT infrastructures, from Bittnet.
Expanded polystyrene for thermal insulation and packaging manufacturer Hirsch Porozell, part of Austria's Hirsch Servo Group, posted RON197.3 million (EUR39.6 million) revenue in 2024, up slightly by 2.7% from the previous year’s RON192.1 million (EUR38.8 million), according to ZF calculations based on Finance Ministry data.
Fuel trader Votrom, controlled by the Tulvan family from Oradea, posted RON722.3 million (EUR145.2 million) revenue in 2024, down 6% from the previous year’s RON768.8 million (EUR155.4 million), Finance Ministry data show.
EnergoBit, one of the most powerful entrepreneurial businesses in the energy sector in Romania, which operates in the equipment and services area, ended last year with EUR110 million revenue, its officials say.
New three-room apartments in Bucharest are almost EUR34,000 cheaper than the old ones on average, reveals an analysis of real estate platform Storia. The same goes for other big cities such as Iasi and Brasov, where recently built homes can be more affordable than the old ones.
Vegetable oil producer Argus Constanta (stock symbol: UARG), held by Infinity Capital, has informed investors on May 26 about the sale of a package of 699 shares or 13.9% of the share capital of Aliment Murfatlar SRL, with the total value of the transaction reaching RON4.4 million.
Romania's Finance Ministry raised RON846 million from banks on Monday (May 26), selling government paper, at an annual average yield of 7.23%.
Serghei Bulgac, Chief Executive Officer (CEO) of telecom operator Digi Communications (stock symbol: DIGI) since 2015, sold company shares in the amount of nearly RON1 million during the trading session on May 23, 2025, as per a report published on the website of the Bucharest Stock Exchange.
Law firm Filip & Company, together with Simpson Thacher & Bartlett, has assisted the funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm, in connection with the Romanian legal aspects of the intended acquisition of Finastra’s Treasury and Capital Markets (TCM) business unit.
DN AGRAR Group (stock symbol: DN), Romania’s largest integrated livestock farm and leading producer of cow milk, is launching the 2025-2030 Strategy, aiming to double its EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) over the next five years by increasing the milk production capacity and expanding with new business lines.
Entrepreneurs in Romania have more than EUR1.5 billion in grants at disposal in summer 2025 for investments in several key sectors of the economy – with start-ups, micro-enterprises, SMEs and large enterprises all targeted for new investment opportunities, as per an analysis by REI, a group of companies specialized in attracting European funds and state aid.
Economic confidence nosedived in April among managers, by 10.6 percentage points, to 33.3 points, the lowest level since the pandemic onset, in line with CFA Romania Association’s Macroeconomic Confidence Index.
AAylex ONE of Buzau, the company behind poultry brand Cocorico, has signed with CEC Bank and Exim Banca Romaneasca for a syndicated loan facility of EUR14.1 million, to support its business expansion.
Banca Transilvania has lent EUR20 million to real estate developer STC Partners for the development of Bucharest’s housing compound Quartier Ferdinand, a total investment of above EUR35 million, due to be completed in the fourth quarter of 2026.
Romanian retailer Contakt, specialized in the distribution of accessories and technologies for mobile devices, plans to expand on new regional markets such as Poland, Czechia, Serbia and Hungary this year, as on foreign markets demand is increasingly shifting to niche products and quality post-sales services, which Romanian consumers are still quality/price sensitive.19544 items