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Complice.ro, an online store active for almost 10 years in the Romanian market and provider of experience packages for individuals and companies, has managed to maintain a stable turnover of EUR850,000 in 2024, similar to the 2023 level, despite a 30% increase in the number of customers.
Bogdan Rotunjanu, with over 20 years of professional experience, will be joining ING Bank Romania as Chief Information Officer (CIO), starting April 1, 2025.
Romanian private medical services company MedLife has completed the acquisition of the majority stake in Routine Med Group, which has a hospital in Tulcea, while 40% of the shares remain in the hands of Mihai Pavel, the founder of the group, the company has announced in a stock market report on Tuesday (Feb. 4, 2025).
Romania's industrial production prices for the total (domestic market and non-domestic market) edged 0.9% lower in December 2024 compared to November 2024, and 0.7% lower compared to December 2023, data from the country's statistical office INS showed on Tuesday (Feb. 4, 2024).
New registrations of road vehicles for passenger transport increased by 13.5% in the fourth quarter of 2024 compared to the fourth quarter of 2023, data from the country’s statistics institute INS show on Tuesday (Feb. 4, 2024).
Stanleybet Capital, a superstructure of the Game World Group, one of the leading sports betting and gambling operators in Romania, announced at the BVB the Financial Supervisory Authority (ASF) approved the company’s supplement regarding the extension of the period for its public bond issue and the modification of the maximum level of subscriptions allowing for the successful close of the operation.
Romania real estate investments reached EUR750 million in 2024, up 58% from 2023, but a little below the past decade’s annual average of EUR800 million, in line with Colliers annual report.
Law firm RTPR assisted investment fund Integral Capital Group, previously known as Integral Venture Partners, in the purchase of a majority stake in Embryos from the three founders of the clinic.
BoldMind Capital Partners, founded by Dragos Rosca, Claudiu Negrisan, Florina Stancu and Dan Nicolaescu, is launching a regional investment fund with a EUR60 million capital, set to be invested in private companies of Romania, Bulgaria and Croatia.
Building materials producer TeraPlast Bistrita has acquired a majority 51% stake in Aquatica Experience Group (AEG), a provider of water treatment, purification and management services.
OMV Petrom, Romania’s sole oil and gas producer, has announced its proposal for dividends from 2024 net profit: RON0.0444 per share, which at current trading prices of RON0.728 means a 6% return.
OMV Petrom, Romania’s sole oil and gas producer and the largest company by turnover, ended 2024 with RON35.8 billion sales, down 8% from 2023, while net profit climbed by 4% to RON4.2 billion, largely amid the elimination of the tax on refined crude oil.
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, at end-February 2024 started works on a new production line for medium voltage electrical cables, at its factory in Slatina.
Timisoara-based fuel wholesaler Artoil, held by entrepreneurs Alexandra and Alex Bunceanu, expects 25% growth in revenue in 2025 compared with 2024, as a result of both new partnerships and expansion.
Romania's Competition Council is assessing the transaction through which Rombeer Cringasu SRL plans to acquire Ade Gas Company SRL.
Simona Belea will take over as the new head of Continental Automotive Romania, starting with the second quarter of 2025.
Romania's Finance Ministry raised RON1.4 billion from banks on Monday (Feb 3), selling government paper in two auctions, at annual average yields of 6.47% and 7.54%, respectively.
Romania's Ministry of Finance has tapped external markets on Feb. 3, 2025, for the first time this year, with euro and dollar-denominated bond issues at costs significantly higher than previously.
Beko Romania has appointed Marius Mihailescu to the position of Chief Executive Officer (CEO) for Romania, Moldova, Greece, Malta and Cyprus.
Holde Agri Invest (stock symbol: HAI), one of Romania’s largest farmland operators, announces new changes in its management team, confirming Bogdan Serghiescu as Chief Executive Officer (CEO) and appointing Adrian Pirciu as Chief Financial Officer (CFO).19531 items