Found 19029 news
Connections Consult (stock symbol: CC), a group of companies specialized in providing software solutions and IT services, ended 2024 with net profit of RON8.8 million at a consolidated level, down 21% year-over-year, as per the company's preliminary financial report sent to the Bucharest Stock Exchange.
Private equity firm ROCA Investments will completely exit RDF, a grain farming business with 4,500 hectares of farmland, and input wholesaler, as well as trader, after five years of presence in the agribusiness sector.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) made a term deposit without auto-renewal option, with the interest rate negotiated, with the Exim Banca Romaneasca, the company said in a report to the Bucharest Stock Exchange on Friday (March 7).
The management of engineering and technology company Simtel Team, a national leader in Romania's renewable energy sector, has announced in a stock market report that on March 4, 2025, Ges Energy Trade, an entity from the Republic of Moldova in which it holds a 42.7% stake, obtained from Moldova's National Energy Regulatory Authority (ANRE) the energy supply license valid until March 3, 2035.
Romania's economy rose a mere 0.9% in real terms in 2024 compared to 2023, according to provisional (1) estimates released by the country's statistical office INS on Friday (March 7).
OMV Petrom, Romania’s sole oil and gas producer, announced that starting 2025 it provides sustainable aviation fuel to Avram Iancu Cluj International Airport, the country’s largest regional airport, with almost 3.3 million passengers in 2024.
Entrepreneurial company Aquila Part Prod is set to continue expansion via acquisitions and portfolio diversification, also eyeing growth in the hospitality sector, petrol stations and small stores, says Jean Dumitrescu, investor relations director at the company.
Computer and electronics retailer Flanco, one of the largest actors in this sector by both store chain size and sales, set out to reach EUR1 billion revenue by 2033.
Bogdan Ciobotaru, a non-executive member of the Board of Directors of Digi Romania (stock symbol: DIGI), has sold 38,700 Digi shares for roughly RON2.5 million (EUR500,000), as per a report sent to the Bucharest Stock Exchange.
Romania’s private healthcare market is on the radar of the private healthcare provider Medicana Group in Türkiye, which is looking at it for a potential investment, either via an acquisition or via a greenfield project.
Printec Group, one of the largest providers of technological solutions for business-to-customer transactions in Central and Eastern Europe, has relocated its offices to Floreasca Park, following an over EUR1.1 milion transaction.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has published the company's budget of revenue and expenditure for 2025, which will be put up for a vote at the Ordinary General Meeting of Shareholders on April 9, 2025.
Startup Telerenta, backed by US investment group NCH (New Century Holdings), saw significant growth in 2024, with more than 10,000 rented electronic devices via its platform, over three times more than in 2023.
Rinf Outsourcing Solutions (rinf.tech), a Romanian company specialized in software development, consultancy and BPO, has opened a new office in India, company representatives said in a statement.
Romania's Finance Ministry raised RON1.9 billion from banks on Thursday (March 6), selling government paper in two auctions, at annual average yields of 7.29% and 7.65%, respectively.
Romania's Competition Council has signed the financing contract for the development of a new state aid register – Regas 2, a platform for monitoring and controlling state aid granted from national and European funds.
Law firm Clifford Chance Badea has advised Alpha Bank S.A. and Alpha International Holdings S.MS.A. in connection with the 100% sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.
Cluj-Napoca-based Alfa Software, specialized in the development and implementation of business software solutions, ended 2024 with a turnover of RON17.3 million and targets a nearly 10% increase in 2025 despite market challenges, company representatives said in a statement.
Romania's hourly labor costs adjusted to the number of working days edged 0.76% higher in the fourth quarter of 2024 compared to the third quarter of 2024, data from the country's statistics board INS showed on Thursday (March 6).
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 4.1% in unadjusted data and by 3.2% when adjusted for seasonality and number of working days, in January 2025 compared to January 2024, data from the country’s statistics board INS showed on Thursday (March. 6).19029 items