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Romanian authorities issued 7,630 residential building permits in the first quarter of 2025, 2.8% more than in the same period of 2024, data from the country’s statistical office INS showed on Wednesday (April 30, 2025).
Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza Onofrei and Cosmin Roman.
Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is changing its name to Pensia Mea Plus.
BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved operating result underpinned by significant advance in customer business.
Winemaker Purcari wants to distribute to investors a dividend of RON0.65/share.
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier period, while retail and corporate lending posted two-digit increases.
OMV Petrom, Romania’s sole oil and gas producer, for the first quarter of 2025 reported RON9 billion sales, up 5% from the year-earlier period, while its net profit declined by 24% to RON1.07 billion.
Upholstered furniture maker Polipol, owned by the German group of the same name, for 2024 reported turnover worth RON158.7 million (EUR31.9 million), down 10.7% from 2023, in line with ZF calculations based on Finance Ministry data.
Electrical materials and lighting fixtures distributor Tub Integral, held by the Tarmure family from Bistrita, posted RON73.3 million (EUR14.7 million) revenue in 2024, down by about 3.2% from the RON75.7 million (EUR15.3 million) in 2023, according to ZF calculations based on Finance Ministry data.
Aquila Part Prod (AQ.RO), an integrated distribution and logistics services company for the consumer goods market in Romania and the Republic of Moldova, will distribute dividends of approximately RON60 million to shareholders on June 6, following the decision of the General Meeting of Shareholders on April 29.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has received the approval of its shareholders for the distribution of a gross dividend of RON0.1568 per share from the company's 2024 net profit and from the result carried forward, which translates into a total amount of nearly RON604 million.
Premier Energy (PE.RO), one of the largest suppliers of natural gas in Romania, which also has renewable energy operations, intends to distribute EUR15 million (RON75 million) from the 2024 net profit as dividends, which means the gross dividend stands at EUR0.12 (RON0.6), it said in a report to the Bucharest Stock Exchange.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has announced that on April 29 its shareholders approved the distribution of a gross dividend of RON1.09 per share from the net result carried forward and related to financial years 2023-2024.
Green energy producer Hidroelectrica (stock symbol: H2O), the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report that on April 29 its shareholders voted in favor of distributing dividends in the amount of over RON4 billion from the company's 2024 net profit.
The ebm-papst Romania, the local subsidiary of the global leader in the production of fans and electric motors, aims to double its team to around 1,000 employees in the next five years, its officials said Tuesday.
The shareholders of EVERGENT Investments (stock symbol: EVER) approved several propositions included in the agenda of their ordinary and extraordinary general meetings held on April 29, 2025 regarding the consolidated and individual financial statements for 2024, the distribution of dividends, a share repurchase program and the company's 2025 budget of revenue and expenditure.
CPI Romania, the owner of the Sun Plaza shopping center, has signed a partnership with Auchan, which will open a 7,000 square meter hypermarket at the end of next year, after Carrefour has decided to close its store there.
ENGIE Romania has acquired a wind project with an installed capacity of 54 MW, located in Mereni, Constanta County.
Shareholders of pharmaceutical producer Biofarm (BIO.RO) approved at their general meeting on April 28 the distribution of the company's net profit of RON74.4 million for 2024, as per a report sent to the Bucharest Stock Exchange.
Real estate consulting firm CBRE Romania has promoted Ramona Hîrnea to the position of Head of Investor Retail Leasing for its national operations.19531 items