The number of plane tickets sold via Vola.ro platform rose by 49% in 2024, with the value of deals topping EUR135 million, while the company’s turnover reached EUR23 million, up 31% from 2023.
Romania private lending in January 2025 rose by 8.8% from the year-earlier period, to RON418.6 billion, after local currency loans went up by 10.9% and foreign currency ones advanced by 4.1%, in line with central bank data.
ESX, a platform known for aggregating sports and fitness services, has announced a EUR600,000 investment in the development of PTN.esx.ro (Personal Trainer Network), the digital extension dedicated to personal trainers, nutritionists, kineto and physio therapists.
Footprints AI, a Romanian company that has developed an AI-based retail platform, has attracted a EUR2.3 million investment for international expansion and tech development acceleration.
Raiffeisen Bank Romania, the sixth largest bank by assets, generated RON1.67 billion net profit in 2024, close to the 2023 level, while the bank’s assets rose by 17% to over RON82 billion.
Entrepreneur Sorin Bratila, who owns Public Solar of Buzau, a company providing energy solutions, will invest around EUR20 million in a plant manufacturing aluminum profiles for the photovoltaic system and constructions industries.
The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8% from 2023, in line with NBR data.
Craiova-based Softronic, a company specializing in the manufacture of new rail vehicles and in upgrading existing ones, has obtained a license to operate in Serbia, the fifth country where Transmontana locomotives are licensed for use with freight trains, Softronic said in a press release.
Clothing manufacturer Secuiana, based in Targu Secuiesc, Covasna County, estimates RON55 million (EUR11 million) revenue for 2025, up by about 8% compared with 2024, according to ZF calculations based on data supplied by the company.
METRO Romania, one of the leading actors in the local grocery trade, ended 2024 with more than 10% increase in sales, in line with the performance of the last few years.
Real estate developer Impact Developer & Contractor (stock symbol: IMP) has announced in a stock market report on Feb. 24 that it obtained a loan of RON15 million from Gheorghe Iaciu, who owns 58% of the company's share capital.
Tech company 2Performant Network (stock symbol: 2P), the main player on Romania’s affiliate marketing market, reported loss of RON1.36 million in 2024, compared with profit of RON870,000 in 2023, as per the company's annual preliminary report sent to the Bucharest Stock Exchange.
Romania posted the second-highest annual inflation rate, of 5.3%, among European Union (EU) Member States, in January 2025, being followed by Croatia with 5%, data from Eurostat, the bloc's statistical office, showed on Monday (Feb.24).
Global leading index provider FTSE Russell made public on Feb. 21 the announcement regarding the indicative results of the biannual review that will enter into force starting from March 2025.
Salt Bank, the first 100% digital Romanian bank, held by the Banca Transilvania Group, has more than 400,000 customers after ten months from its launch, and the target is to overshoot the 700,000 customer mark in 2025.
Romania's Finance Ministry raised RON2.57 billion from banks on Monday (Feb. 24), selling government paper in two auctions, at annual average yields of 6.92% and 7.40%, respectively.
Asahi Group Holdings (AGH) has promoted Dragos Constantinescu to the position of CEO of its European and international operations (excluding Japan, Australia and Asia), effective April 1, 2025, following the decision of CEO Paolo Lanzarotti to retire from executive activity.
Law firm Guia Naghi si Partenerii (GNP) announces the promotion of Tudor Nacev as Partner tasked with coordinating the firm's Regulatory Pharma and Public Procurement Practice.
Romania's Competition Council is looking into the transaction through which Japan's Niterra Co., Ltd., plans to acquire Japan's Toshiba Materials Co., Ltd., from Toshiba Corporation.