Found 19531 news
Foraj Sonde Videle (FOJE.RO), one of the main drilling companies in Romania, has announced the start of its operations in France, as a result of winning a significant three-year contract for a big customer with Europe-wide operations.
The European Commission has approved a EUR16 million increase in state aid for the project targeting the “Rehabilitation of Bucharest’s District Heating System”—an investment of strategic importance for improving the capital city’s heating network efficiency.
Romania's energy output fell by an annual 7.7% in January-February 2025, down to 2.743 million tons of oil equivalent (TOE) due to a decline in hydro and wind power generation, the country's statistical office INS has announced on Tuesday (April 15), citing provisional data.
Alesonor has started the construction of the Verita International School & Kindergarten campus within Amber Forest complete suburb, the company has announced in a press statement on April 15, 2025.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted MedLife, the largest private healthcare network in Romania, in increasing its syndicated loan by up to EUR50 million, thus reaching a total of EUR330 million.
Delgaz Grid, the distribution company of the E.ON Romania group, completed 15 investment projects in Cluj County in 2024, with their total value nearing RON64 million (EUR13 million).
Tiriac Group has resumed procedures for the authorization of an ample real estate project, an investment worth over EUR100 million, which targets the urban reconversion of a surface area of almost 40,000 square meters, located in the center of the city of Brasov, on the site of the former industrial platform IUS S.A.
Romania's industrial production decreased by 5.2% in February 2025, in unadjusted data, compared to February 2024, and by 3.2% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Tuesday (April 15).
Real estate consultancy Colliers has been designated to manage Victoria Center office building of downtown Bucharest, a project that was in early March acquired by Solida Capital, a company founded in Dubai by Wissam Nesr, executive president of Webcor.
Investment fund 7X Partners, controlled by Leonard Leca as main stakeholder, has taken over a 40% stake in dermatology center Leventer Medical Group founded by dr Mihaela Leventer and Claudiu Opran.
Retele Electrice Romania, part of PPC group in Romania, has launched on SEAP platform a public tender with a maximum level of almost RON180 million (VAT not included) for works related to client grid connection.
Dan Boabes, an entrepreneur and investor in the mobility market, has acquired Cristaxi, a major player on the local taxi services market, as part of a market consolidation strategy envisaging further deals.
The quality of engineers and the long tradition in the STEM field represent a “fantastic” potential for Romania, which is likely to become, with “ambition, determination and authorities’ joint efforts”, the EU’s services hub, stated, in an interview with ZF Joakim Reiter, a member of Vodafone’s executive committee.
Wizz Air, the largest local airline, has launched a new route from Cluj-Napoca’s Avram Iancu International Airport to Castellon, Spain, on Mondays and Fridays from April 11, 2025, then on Tuesdays and Saturdays from June 17, the Cluj airport said in a press release.
Kuhn Romania, one of the main suppliers of earthmoving equipment for construction in Romania, ended 2024 with EUR81 million revenue, down from the EUR96.5 million of 2023, its officials said.
Mecanica Ceahlau (MECF.RO), a manufacturer of farm equipment based in Piatra Neamt, ended 2024 with RON6.4 million net loss, up from the RON3.9 million net loss of 2023, while revenue shrank 21.7% year-on-year to RON22.5 million.
Plastic packaging producer Romcarbon (stock symbol: ROCE) received the approval of the Environment Fund Administration (EFA) regarding the financing of a project worth RON72 million, through the National Recovery and Resilience Plan (NRRP), the company has announced on April 14 in a report sent to the Bucharest Stock Exchange.
The Board of Directors of the Bucharest Stock Exchange (stock symbol: BVB), which operates the local capital market, appointed Dumitru-Remus Vulpescu was appointed Chief Executive Officer (CEO) of the Bucharest Stock Exchange (stock symbol: BVB) for a four-year term following a rigorous selection process carried out by the Board of Directors.
SmartBill, the leading players in the Romanian billing and management software solutions market, held by Norway's Visma Group, has announced the appointment of Alex Leca to the position of Chief Executive Officer (CEO).
Staer International, the company that owns furniture stores under the Staer brand, ended 2024 with a turnover of nearly RON87.9 million (EUR17.6 million), up 9% from a nearly RON80.6 million (EUR16.3 million) turnover reported in 2023, according to calculations by Ziarul Financiar (ZF) daily, based on finance ministry data.19531 items