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GapMinder VC, one of the largest venture capital funds focused on investments in tech startups of Romania and other Eastern Europe countries, aims to invest this year in five-six new companies around EUR10 million of its second fund totally worth EUR80 million.
Air traffic increased in the first quarter of 2025 compared with the year-ago period. In the first three months of this year, 5.6 million passengers traveled through Romania’s airports, 8% more than in the same period last year, data from the Romanian Airports Association (AAR) show.
French-held Chemins de Fer Départementaux (CFD) has sold 76% in Petroutilaj-3DRD, a Romanian company with a long history in the local railway industry, to Train Europe of Hungary, following a sale agreement finalized in January 2025.
Garanti BBVA Bank Romania posted RON654 million net income in 2024, an increase of 28.6% on the previous year, as both loans and deposits increased.
The Competition Council has authorized the deal whereby Altex Romania bought the local operations of DIY retailer Brico Depot from UK’s Kingfisher for EUR70 million (enterprise value, debt included) in December.
The Romanian data center market is witnessing significant growth, with lots of construction and expansion projects and a lot of interest from European and US developers, data center designer and builder Tema Energy data show.
4finance Holding S.A. has sealed a definitive agreement for the sale of TBI Bank EAD to Advent International, a leading global private equity investor.
The New Home 2025 program has become operational, with the RON500 million guarantee ceiling approved by the Finance Ministry being allocated to the 13 participating banks.
BICO Industries, a building materials manufacturer controlled by ROCA Industry holding with 60%, has signed a financing contract with the Environmental Funds Administration (AFM) for the financing of a project for the construction and equipping a non-woven fiberglass production plant by recycling fiberglass waste resulting from both its current activity (production of fiberglass mesh for thermal insulation systems reinforcement), as well as by market collection.
Real estate developer One United Properties reported EUR45.1 million worth of sales and pre-sales in Q1/2025, after the sale and pre-sale of 146 apartments and commercial units, as well as 117 parking spaces and other unit types.
Romania at the end of 2024 had a working population (15-64 years) of 8.3 million persons, with the employment rate standing at 63.8%, 0.8% higher than in 2023, in line with data published by the country’s statistics board INS.
Tudor Personal Tailer, specializing in the production of men’s made to measure suits, plans to add women’s items to its current portfolio.
Automotive component manufacturer UAMT Oradea (UAM.RO), has announced entry into a preventive composition procedure to avoid insolvency.
Electricity supplier Restart Energy One SA on Thursday notified the Bucharest Stock Exchange about the start of the preventive composition procedure.
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL) has informed shareholders in a stock market report on April 17 about the conclusion of a significant contract with lender Banca Transilvania (TLV) for a project targeting a 52 MWp photovoltaic park (PV) in Giurgiu.
Romania’s industrial sales decreased by 1.2% year-on-year in January-February 2025 due to a 1.9% annual decline in manufacturing sector sales, the statistical office, data from the country’s statistical office INS showed on Thursday (April 17).
EYERIM, one of the most dynamic optical retailers in Central and Eastern Europe, anticipates sales of EUR21 million in Romania in 2025, as the local market generated over 10% of the Group's revenue in 2024.
Premier Restaurants Romania, the operator of the McDonald’s restaurants in the country, is inaugurating its fifth restaurant in the city of Iasi, within the new Mall Moldova shopping center, following an investment of RON4.5 million.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on April 17 about the opening of its third KFC restaurant in the city of Iasi, within the Mall Moldova shopping center.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets), fell by 1.8%, in nominal terms, year-on-year in January-February 2025 due to a 4.4% drop recorded in the capital goods industry, data from the country's statistics board INS showed on Thursday (April 17).19531 items