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Dumagas Transport, which was taken over by Omnia Capital two years ago, has entered the international market with a fast-paced expansion to Germany, where it made its first shipment eight months ago.
TenarisSilcotub, the leading Romanian manufacturer of small diameter seamless pipes, has completed construction works on its first renewable energy facility, namely, a 20 MW photovoltaic park for its steel mill in Calarasi, following an investment of USD21.5 million.
Romanian do-it-yourself (DIY) retailer Dedeman, the largest entrepreneurial business on the Romanian market, will be opening a new store, in Romania's southern town of Alexandria (Teleorman County), on April 11, following a total investment of EUR15.5 million.
SIGNAL IDUNA companies ended 2024 with a total volume of gross written premiums of nearly RON424 million, up 16% year-over-year, amid the expansion of the portfolio, digitalization, the launch of new solutions and the agreement to acquire the company Garanta Asigurari, which is subject to scrutiny and approval by Romania's Financial Supervisory Authority (ASF).
Agroland Business System (AG.RO), a Romanian entrepreneurial retail, agriculture and food group, which owns the largest farm supply store in the country, has notified the Bucharest Stock Exchange that it will undergo a comprehensive rebranding process and a reorganization of its operational structure through the consolidation of activities under the Agroland Group umbrella.
The pace of change in recent months has accelerated, with a direct impact on the way we work, learn and adapt, therefore, over half of Romanians (58%) say they had to improve their skills either to keep their jobs or to advance in their career, a trend that is increasingly reflected in the way candidates constantly update their skills in their CVs, as per a survey by online recruitment platform Bestjobs.
Romania's mergers and acquisitions (M&A) market recorded 51 transactions in the first quarter of 2025, with an estimated combined value of USD1 billion, reflecting a 25% decline in the number of deals (68) and 29% fall in value (USD1.4 billion) of M&A compared to the fourth quarter of 2024, as per an analysis by EY.
Romania's trade balance posted a deficit of EUR5.62 billion in January-February 2025, higher by 35.1% than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Wednesday (April 9).
Funky Buddha, a fashion retailer owned by Greek group Altex, is opening its first store of Romania, in ParkLake Shopping Center, in mid-April and is set to add a second unit during the current year, as well as an online store.
MAGNOR, a Romanian-held company specializing in pawnbroking and money exchange services, in 2024 registered consolidated turnover worth RON165 million, up 64% from 2023, while net profit reached RON13.5 million, 4% higher.
The Tei Group, made up of Farmacia Tei and Bebe Tei, one of the most dynamic businesses in Romania, continues its expansion outside Bucharest and is putting three new cities on the development map, where it will open stores in the third quarter of 2025.
Morgan Stanley, the US investor that bought the America House office building in Piata Victoriei of Bucharest together with David Hay, the former CEO of AFI Europe, in 2019, might be considering sale thereof for some EUR100 million, real estate market data show.
Real estate developer Redport and businessman Dan Sucu, the founder of Mobexpert furniture business, are launching a 500-apartment residential project, Vitality Est, a EUR50 million investment near the Pantelimon Park and Lake.
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, held by the Stanciu family, ended 2024 with a turnover of RON317 million (EUR63.7 million), up 22% against 2023.
Outsourcing service provider Genpact Romania, the local subsidiary of the Indian group by the same name, continues investment in Iasi by opening a new delivery center, its officials said in a statement.
UniCredit Bank and the European Bank for Reconstruction and Development (EBRD) have signed a synthetic securitization agreement for a portfolio of nearly EUR775 million, which includes loans for small and medium-sized enterprises (SMEs) and for companies, granted by UniCredit Bank.
OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached a total hydrocarbon production of 107.5 thousand barrels of oil equivalent (boe) per day, in the first quarter of 2025, lower by 3.8% compared with the first quarter of 2024 and higher by 0.28% against the fourth quarter of 2024.
Alfa Group, held by entrepreneur Alin Niculae, is currently building the second phase of the Cloud9 Residence residential project in Bucharest's north-eastern area of Pipera, and is readying to launch the third phase of the project in 2025, Razvan Brasla, CEO Cloud9 Residence, told the conference "ZF Trends in the residential market 2025."
International hotel group Accor announces the introduction of Handwritten Collection brand on the local market.
Coffee shop network 5 to go, with almost 600 locations, is launching a new concept, Espresso, a franchise model whereby entrepreneurs can use a “turnkey” mobile retail trailer to sell the products, conceived as a business with a low investment cost, suitable for areas with limited commercial spaces.19531 items