Found 21678 news
German retailer Kaufland, present in Romania with over 190 stores, is simplifying its procurement process intended exclusively for local and regional producers, making it easier for them to bring their products onto the retailer’s shelves.
Companies Infinity Capital Investments and Gravity Capital Investments have become shareholders in Romania’s Natural Disaster Insurance Pool (PAID Romania) by jointly acquiring 26% of the share capital.
Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited Flavia Petcu-Ciurel for the role of Senior Associate within its Corporate M&A and Real Estate practice.
Romania car production registered a major surprise this summer: for the second month in a row, Ford Otosan plant of Craiova overshot Dacia plant of Mioveni by the number of manufactured cars.
Romania Energy Minister Bogdan Ivan on Tuesday announced he terminated the contract with Duro Felguera, the builder of Iernut power plant, a unit that is over 90% completed, but has been blocked for several years because of the Spanish company’s insolvency and legal challenges.
Froo Romania Retail, a company part of Polish group Zabka, has opened a new Froo store in office building America House of Bucharest, with the network now having over 120 units in 3 cities.
Chinese smartphone manufacturer OPPO aims to strengthen its foothold on the Romanian market in 2025, targeting a 15% increase in the number of sold units and a 20% advance by value, against the previous year.
Bucharest Stock Exchange representatives, high-ranking officials of the Republic of Moldova and heads of banks and companies of the Republic of Moldova yesterday signed a memorandum via which a new stock exchange will be opened in the capital of the Republic of Moldova. The stock exchange will become operational in the next six months-one year.
Store network Sofiaman, a brand specializing in the production and sale of pajamas, has reached 20 units and is set to open another two units by yearend.
Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of Japan's Fujikura Group, posted about RON100 million (EUR20.1 million) revenue in 2024, down 3.3% from 2023’s RON103.5 million (EUR20.9 million), according to ZF calculations based on Finance Ministry data.
Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON224.3 million (EUR45.1 million) revenue in 2024, close to the previous year’s RON223.6 million (EUR45.2 million), Finance Ministry data show.
Evergent Investments Group (EVER.RO) reached a record level of RON3.72 billion in assets under management as of June 30, 2025, up 7% compared with December 31, 2024.
A special transaction on Monday brought the shares of automotive parts manufacturer Compa Sibiu (CMP.RO) to the forefront, as a 25 million-share stake, or 11% in the company, changed hands for RON12.5 million, according to Bucharest Stock Exchange data aggregated by Ziarul Financiar.
GoCab Software (CAB.RO), the operator of the GoCab taxi ordering service platform GoCab, has decided to start insolvency proceedings for judicial reorganization due to financial difficulties and the inability to meet its current obligations with available resources, it said in a report to the Bucharest Stock Exchange.
Romania and Poland are facing the highest fiscal deficits in the region in 2025, 7% to 8% of GDP, which are estimated to go down in 2026, when Poland’s deficit could be higher than Romania’s, Austria’s Erste group says in a report.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) on Sept 15 made a term deposit in the amount of RON300 million with the Exim Banca Romaneasca (the former EximBank), the company has announced in a report to the Bucharest Stock Exchange on Sept 15, 2025.
Romania's Finance Ministry raised RON1.07 billion from banks on Monday (Sept 15), selling government paper in two auctions, at an annual average yield of 7.5%.
Life insurance company Metropolitan Life, with some 4 million customers in Romania, reported a 20% increase in gross written premiums in the first half of 2025, up to RON453 million.
Romania's energy output decreased by an annual 4% to 9.544 million tons of oil equivalent (TOE) in January-July 2025 mainly due to a decline in hydro and wind power generation, the statistical office said on Monday (Sept 15), citing provisional data.
Moody's Ratings said it has affirmed Romania's long-term issuer and senior unsecured ratings at 'Baa3' with a 'negative' outlook, as the country avoided a downgrade to junk status thanks to recent fiscal consolidation measures.21678 items