Found 19015 news
Vodafone Romania on Wednesday announced the completion of the acquisition of Telekom Romania Mobile Communications, which means the former fixed telephony monopoly Romtelecom will disappear completely and the number of major local communications market actors will go down from four to three.
Private equity firm EEAF Financial Services BV’s putting of its 85% stake in Patria Bank (PBK.RO) up for sale has drawn the attention of a number of competitors and banking investors.
Hidroelectrica (stock symbol: H2O), the largest electricity generation company in Romania and one of the most profitable companies on the Bucharest Stock Exchange, has awarded a RON99 million maintenance services contract to the company Vestas CEU Romania SRL for wind turbines at the Crucea Nord Wind Farm.
Romania's foreign exchange reserves stood at EUR65.01 billion at the end of September 2025, compared to EUR65.18 billion reported on August 31, 2025, Romania’s central bank announced on Wednesday (October 1, 2025).
AnimaWings, the Romanian airline owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, announces the expansion of its domestic flight schedule.
Private medical service provider MedLife (M.RO) is expanding its national network with the inauguration of a new multidisciplinary hyperclinic in the town of Pitesti, following a total investment of EUR3.1 million.
BestJobs Recrutare, the company that manages the online recruitment platform of the same name (bestjobs.ro), and which has an outstanding bond issue on the Bucharest Stock Exchange, ended the first half of 2025 with net profit of RON3.38 million, up 12.5% on the year, per the company's half-yearly financial report.
Patria Bank announces the signing of a Confirming Bank Agreement with the European Bank for Reconstruction and Development (EBRD), as part of the Trade Facilitation Program (TFP).
Grand Hotel Bucharest (stock symbol: RCHI), the company that manages the famous hotel of the same name in central Bucharest (formerly known as Intercontinental hotel), logged a net profit of RON3.3 million in the first half of 2025, down 38% from RON5.3 million profit reported in the first half of 2024, per the company's financial report published at the Bucharest Stock Exchange.
Praktiker Real Estate Romania, a company owned by businessman Omer Susli, has signed a sales-purchase precontract for an office building in Bucharest’s Caderea Bastiliei street with insurance company Allianz Tiriac.
E.ON Energie Romania in September reached the threshold of 400 photovoltaic power stations built and delivered to partner companies, with the total value of projects topping EUR75 million.
The stock of industrial and logistics spaces in Romania is nearing 8 million square meters, with over 60% being concentrated in projects neighboring Bucharest.
Private equity fund Resource Partners has taken over the majority stake of 82.5% in ticketing platform iaBilet and a 55% stake in BestMusic Concerts, from NCH Capital and founding shareholder Emil Ionescu and Razvan Manta.
CEC Bank ended the first half of 2025 with RON304 million net profit, up 12.8%, while, at group level, profit rose by 9.4% to RON306 million.
Dexory, the robotics startup founded by three Romanians in London, aims to increase its revenues fivefold this year and plans to expand its team from almost 200 employees currently to 300 by mid-2026, as demand for autonomous robots in logistics is rising and the company wants to grab market share while it does not have direct competition.
Prodal 94, a leading spirits producer in Romania, ended 2024 with turnover worth RON200.5 million (EUR40.3 million), up 4% from 2023, in line with ZF calculations based on Finance Ministry data.
Devero Impex, a business controlled by Musetescu family of Mizil, Prahova county, for 2024 reported turnover worth RON18.4 million (EUR3.7 million), slightly down, by 1.6%, in lei from 2023, in line with ZF calculations based on Finance Ministry data.
Agroserv Mariuta (MILK.RO), a livestock farming and milk processing business, which owns Laptaria cu Caimac brand, posted RON50.6 million sales in the first half of 2025, a 20% increase on the first half of 2024.
BCR, BCR Social Finance, and Synerb have opened applications for the second edition of the Marc Impact Program, a regional accelerator supporting impact-driven entrepreneurs and organizations developing sustainable solutions for social and environmental challenges.
The European Bank for Reconstruction and Development (EBRD) has revised Romania’s economic growth forecast for 2025 downwards to 0.9%, which is lower by 0.7 percentage points (pp) than its 1.6% projection in May 2025, according to the bank's 'Regional Economic Prospects' report released on Sept 25.19015 items