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Romania’s national grid company Transelectrica has budgeted total RON8.54 billion revenues for this year, 8.1% higher than in 2024, and RON153.3 million net profit, down 74.3% from the 2024 figure.
Fashion producer and retailer Nissa is investing RON35 million to expand Craiova plant. More than half of the sum comes as EU funds drawn via Just Transition scheme.
Romania’s egg exports reached more than EUR53 million in 2024, slightly higher than in 2023, ZF has found from National Statistics Institute (INS) data.
Airline Swiss International Air Lines, held by Germany’s Lufthansa, has increased the number of flights between Cluj-Napoca and Zurich, Switzerland from three to four a week since April 5, Avram Iancu International Airport of Cluj-Napoca announced in a statement.
Financial group CEC Bank posted ROIN687.9 million net profit in 2024, an increase of 30% on 2023, while assets increased by 19% to RON99.33 billion.
State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has signed a contract with the winning bidder of a tender for the Li-ion battery storage project in the Crucea Nord Wind Farm.
Romania's Finance Ministry raised RON897 million from banks on Monday (April 7), selling government paper in two auctions, at annual average yields of 7.10% and 7.22%, respectively.
BRD acted as Green Loan Coordinator for the RON1.7 billion loan granted by a syndicate of banks to the company Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia region and one of the four electricity distributors in Romania.
The National Bank of Romania (NBR) has decided at its Board meeting on Monday (April 7, 2025) to keep its key interest rate unchanged at 6.5% a year, being the bank's third consecutive rate freeze so far in 2025.
Astra Rail Industries, a company controlled by U.S. giant Greenbrier, has decided to close the railcar factory in Romania's Arad.
Liberty Galati, the largest integrated steel producer in Romania, is likely to restart its primary production operations on April 22, as announced by Cornel Moisescu, the new Head of Primary at Liberty Galati.
The total monthly average income in Romania stood at RON8,568 per household, in nominal terms, in Q4/2024, representing RON3,424 per person, 3.8% more both per household and per person compared to Q3/2024, data from the country’s statistical office INS showed on Monday (April 7).
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 1.1% in unadjusted data and by 3.3% when adjusted for seasonality and number of working days, in February 2025 compared to February 2024, data from the country’s statistical office INS showed on Monday (April 7).
App Town, a real estate company founded by entrepreneur Claudiu Diaconu, is investing EUR15 million in a housing project, App Town Exclusive by Ima Residence, located close to Pipera-Aviatiei business area, one of the most dynamic office and commercial hubs in northern Bucharest.
Romania's Competition Council has approved the transaction by which Japan's Niterra Co., Ltd. plans to acquire Japan's Toshiba Materials Co., Ltd..
Romania merger and acquisition market posted 57 deals in the first quarter of this year, up 8% from Q1/2024, but by value declined by 30% to EUR968 million, in line with data analyzed by PwC Romania.
BSOG Energy, a company owned by Black Sea Oil & Gas specialized in the development of biomethane production projects in Romania, and entrepreneurial company Unigrains Trading, controlled by Theodor Ichim, have inked an agreement for a biomethane and organic fertilized combined production unit, with a capacity of 57 MW of biomethane and over 250,000 tons of organic fertilizers per annum.
Polish retailer LPP, present in Romania with all its five brands, Sinsay, Reserved, Mohito, Cropp and House, has reached around 250 stores in locally after having opened 60 in 2024 financial year.
Transavia, one of Romania’s largest poultry producers, has reached one million square meters of production spaces and plans to build another 100,000 square meters this year.
The Financial Supervisory Authority (ASF) has officially approved the change of the name of investment management company SAI Certinvest to SAI Capital Point, a decision, which, company officials say, reflects a change of vision, pace and energy.19531 items