Found 19029 news
Alternative investment fund Evergent Investments announced it submitted at Aerostar headquarters, on March 13, 2025, the statement via which it exercises the legal right to o withdraw from its position as significant shareholder and requested the full purchase of its holding, which represents 15.14% of the share capital.
Sales of electronics, home appliances, IT and telecom goods increased by about 10% in 2024 compared with 2023. The computer and electronics market saw growth across the board, but the growth varies quite a lot from segment to segment, shows a ZF analysis based on the data supplied by market research company NielsenQ.
Romania’s ecommerce market reached a new record in 2024, as the total value of the products purchased online stood at EUR7.7 billion, an increase of 8% on 2023, reveals eCommerce Insights 2025 survey by MerchantPro, the local SaaS solutions platform.
Softbinator Technologies, a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing) posted RON28.7 million consolidated revenue in 2024.
Maribo Prodcarn, the producer of Marisan cold cuts, owned by Anghel family, for 2024 reported turnover of RON124 million, down 8% on the year, as per finance ministry data.
Bucharest Stock Exchange (BVB) on March 13 announced the launch of the new financial education section on the BVB Research Hub platform, dedicated to retail investors. BVB, as a capital market operator, starts this project out of the need to increase the level of financial education and promote the investment culture.
Romania's Finance Ministry raised RON505 million from banks on Thursday (March 13), selling government paper, at annual average yield of 7.39%.
Lantmännen Unibake Romania, one of the largest bakery companies in the local market, has launched the NaturaA brand across the local Carrefour store network.
Romania's industrial production decreased by 2.5% in January 2025, in unadjusted data, compared to January 2024, and grew 2.1% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Thursday (March 13).
Romania's annual inflation rate stood at 5.02% in February 2025, slightly higher than the 5% rate recorded in January 2025, data from the country's statistical office INS showed on Thursday (March 13).
Real estate developer Bellemonde Development will add another 80 new housing units to the housing project of the same name of Pipera, Bucharest.
The board of directors of BRD SocGen, the fourth largest bank in Romania by assets, has convened the general meeting of shareholders on April 24, a date when they will vote, among other things, on the distribution of dividends in the amount of RON737.4 million, representing 50% of last year’s net profit of RON1.47 billion.
Romanian drug manufacturer Antibiotice Iasi has proposed the distribution of RON13.8 million worth of dividends from the 2024 net profit reported on the basis of annual audited financial statements, namely RON102.2 million.
Home ownership remains a major objective for most Romanians, but the increasingly dwindling affordability in central areas and strict lending conditions led to a decline in home buying intentions in 2025, stated Gabriel Blanita, Director & Advisory Services at Colliers Romania.
The European Investment Bank (EIB) has committed up to EUR30 million for wind energy project in Constanta county, Pestera II, with a total value of EUR500 million.
Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, saw gross written premiums of more than EUR900 million at the end of 2024, an increase of 25% on 2023.
Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur Siminel Andrei, who retired in the fall of 2024, Libra Bank said in a report to the Bucharest Stock Exchange on Wednesday.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a press statement on March 12 the closing of the farm-down transaction between its subsidiary OMV Offshore Bulgaria and NewMed Energy Balkan, a subsidiary of NewMed Energy.
For the first time in its history, this year Randstad Romania Workmonitor research reveals that job security and work-life balance are deemed more important than pay (88% and 86% vs 84%) for Romanian employees, slightly above the global average.
Nestlé is launching in Romania the new range of KitKat chocolate bars that are available in three variants - KitKat Double Chocolate, KitKat Salted Caramel and KitKat Hazelnut.19029 items