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Orange Romania in 2024 posted EUR1.416 billion revenues, compared with EUR1.548 billion in 2023, in line with the financial results reported by the Frech telecom operator.
Romania M&A market registered 239 announced deals in 2024, with a total estimated value of EUR5.9 million, reveals a PwC Romania analysis.
The Bucharest-Ilfov region reached a gross domestic product (GDP) at purchasing power per capita of 190% of the EU average in 2023, slightly behind Prague and Brussels and above Hamburg, Eurostat data show.
Coca-Cola HBC, the leader of Romania’s non-alcoholic ready to drink beverage market, posted 2.5% lower volumes in Romania in 2024, as a result of a challenging consumer environment, selling more than 182 million unit cases or more than 1 billion liters worth of beverages last year.
Georgian Bala, who has more than 15 years of experience in the HoReCa and FMCG industries, is returning to Julius Meinl Romania after seven years, where he will serve as managing director.
CEE office markets are undergoing a transformational process and Bucharest, beside Warsaw, Prague and Budapest, are standing out by a rising stock of green buildings and integration of sustainability standards, read Colliers’ “CEE Office Markets on the Green Path-Decarbonisation Potential” report that analyses the office markets of 11 cities in the region.
Appraisal & Valuation, a company that provides real estate appraisal, consulting and development services, announced it sold a building in Craiova worth EUR2 million, the equivalent of RON10 million. By comparison, the market value of the company listed on the AeRO market stood at RON8.6 million ahead of Thursday trading session.
Companies in 2024 leased modern office spaces outside Bucharest with a total area of 63,024 square meters, with Cluj-Napoca dominating the regional real estate market, witu 76% of the leased area, reveals an analysis by Fortim Trusted Advisors, member of BNP Paribas Real Estate Alliance.
Mircea Turdean, general manager and stakeholder in cosmetics producer Farmec, says 2024 was difficult, but the company managed to end the year with 12% higher turnover and 2% higher profit against 2023.
The Crilelmar company in Gorj County, controlled by entrepreneur Adrian Stanusoiu, which plans to set up a recycled plastics plant in Targu-Jiu, is currently exporting its products to nine countries and intends to enter new markets.
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has announced in a stock market report the appointment of Florian Tandareanu to the position of Chief Executive Officer (CEO), effective Feb. 11, 2025.
Bitdefender, one of the largest actors on the world’s cybersecurity solution market, has bought a division of BitShield, its dealer in Malaysia and Brunei, as part of its strategy to consolidate presence in Asia-Pacific region.
The representation of the Romanian capital market in the MSCI indices will increase starting with March 1, 2025 with two new companies listed on the Bucharest Stock Exchange, namely Hondingrock1 (ROC1) and Sinteza (STZ).
Banca Comerciala Romana and EasyBill, part of Filbo Group, one of the leading online platforms for electronic invoicing and business management in Romania, have concluded a partnership aimed at providing entrepreneurs and microenterprises with a direct solution directly via George mobile app, for issuing, delivering and collecting invoices.
Most Romanian firms – 90% – have acted to reduce greenhouse gas emissions, in line with companies elsewhere in Europe, according to a European Investment Bank (EIB) Group survey.
Adrian Vaduva, deputy CEO of Trencadis, a local tech company specializing in the development and implementation of complex software solutions for the governmental and business sectors, has become a shareholder in the company, Trencadis representatives said in a press statement.
Imobiliare.ro Finance, the loan broker part of Imobiliare.ro group, in 2024 intermediated loans worth EUR350 million, up 75% from 2023.
Real estate developer One United Properties has completed the operation of share nominal value consolidation from RON0.2/share to RON10/share in order to determine the free float shares.
Real estate developer InteRo Property Development, owned by Canadian investor family Topolinski, has announced a EUR16 million bond issue.
Entrepreneur Ilie Pana, founder of Sock Laboratory, a business started in 2018 with a plant in Craiova, is investing EUR1.6 million in a new production unit in the same city.19531 items