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Engineering and tech company Simtel Team, a national leader in the field of renewable energy, has announced the expansion of its business abroad via the opening of a subsidiary in Stockholm, Sweden, under the name of Simtel Nordics.
Local deep-tech startup .lumen, which is on a mission to restore mobility to the blind and visually impaired, has won a EUR11 million grant for the project „PABLO-Autonomous Urban Delivery Robots”, funded within the Smart growth, digitalization and financial instruments program 2021-2027.
Romania ranks last in the EU by the number of clinical studies per population, per one million inhabitants.
Large banks were in the black in the first half of 2025, but results were mixed, with some managing to derive higher profits against H1/2024, while other lending institutions registered declining gains.
Patria Bank (PBK.RO) has received the approval of Romania’s central bank for the partial repurchase of 60.6 million shares from shareholders who exercised their withdrawal rights after the merger with Banca Comerciala Carpatica.
The Board of Directors of Star Residence Invest (REIT.RO), a real estate investment company established by real estate developer Impact Developer & Contractor (IMP.RO), has set the dates for the Ordinary and Extraordinary General Meetings of Shareholders for November 20 and 21, 2025, in Cluj-Napoca, and the agenda includes the approval of a capital increase of RON42.3 million.
ArcelorMittal confirms its final decision to permanently halt production at its Hunedoara plant, which makes produces commercial angles and profiles for the energy, construction and infrastructure markets.
Romania posted the highest annual inflation rate, of 8.6%, among European Union (EU) Member States, in September 2025, as per the latest data from the European statistical office Eurostat.
Romanian gas producer Romgaz (stock symbol: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies.
SOCAR Petroleum, a subsidiary of SOCAR (The State Oil Company of Azerbaijan Republic), has so far invested RON400 million in Romania, in a filling station network that has reached 87 units.
Japanese group Sumitomo, which owns Alcedo in Romania, one of the largest farming input wholesalers, and Naturevo, also a farming input wholesaler, has appointed Romanian Marcel Sîrghiac to the position of President of the Group, effective November 2025.
Electrica, a leading player on Romania electricity wholesale and supply, has announced the initiation of the process to get the needed permits for the construction of 15 battery energy storage parks with a capacity of around 1GWh.
Ivatherm, a Romanian dermocosmetics company, is considering attracting an investment fund to step up the company’s expansion.
Constructii Erbasu, a company owned by Erbasu family, continues investments on projects based on EU funding and own sources.
Cold cuts producer Cris-Tim, one of the oldest family businesses in Romania, indirectly held by the Timis family, is starting its initial public offering on Friday, October 17, with the aim of listing on the Bucharest Stock Exchange. The operation is handled by BRD and BCR and is worth up to RON473 million.
IKEA Romania posted 8.6% growth in sales in the fiscal 2025 (September 1, 2024 – August 31, 2025) to more than RON1.5 billion, with almost 44 million products sold.
The initial public offering of Grup EM, an energy sector business that includes Electromontaj and Iproeb, ended on Thursday, October 16, at 12 p.m., after two weeks, having raised about EUR4.8 million investors or 38% of the total, the TradeVille platform shows. TradeVille is the broker of the IPO.
SCUT, the cybersecurity company majority held by Orange Romania, has officially launched the digital cyber shield concept — a unified approach co-created with Orange Cyberdefense, offering high-level protection, full visibility, and coordinated support in the event of a cyberattack
RPHI Romania (Raiffesen Property), the company that owns and manages SkyTower, the tallest office building in Romania. has finalized modernization works on the common spaces of SkyTower, following a EUR 7-figure investment.
Romania's Finance Ministry raised RON500 million from banks on Thursday (October 16), selling benchmark bonds, at an annual average yield of 7.04%.19015 items