Found 18948 news
Polish-held fashion retailer LPP, present in Romania with all five of its brands - Sinsay, Reserved, Mohito, Cropp and House, is strengthening its presence in the country by opening its 22nd Reserved store nationwide, in Bucuresti Mall.
"Avram Iancu" International Airport in Cluj-Napoca, an autonomous organization subordinated to the Cluj County Council, will invest over RON54 million (about EUR10.7 million), VAT included, of which over RON30 million (about EUR6 million) are non-repayable European funds, for the construction of a photovoltaic park.
Elania Resort & Spa, the five-star tourist complex developed by entrepreneur Raul Ciurtin, creator of the Zuzu dairy brand and one of the most powerful entrepreneurs in the food industry in Romania, expects revenue of RON24 million lei in 2025 and an average occupancy rate of 65% by the end of the year.
Romania's Finance Ministry raised RON749.8 million from banks on Monday (Sept 8), selling government paper in two auctions, at annual average yields of 7.58% and 7.57%, respectively.
Deloitte Romania assisted private equity company ROCA Investments, specialized in investments in local entrepreneurial companies, in taking over the 20% stake in the Adrem Group, which provides energy services.
Romania Finance Ministry has today, September 8, launched the ninth edition of this year’s TEZAUR Treasury bills program, with one, three and five-year maturities and annual interest rates of 6.90%, 7.50% and 7.85%, respectively.
Remedia, a major drug wholesale and retail group, has acquired 24% in Cluj-Napoca-based recovery clinic Novoengrama, owned by Miruna Holdis.
Agroland Group, an entrepreneurial business with retail, agribusiness, and food production operations, posted its best results ever in the first half of 2025. Sales increased to RON229 million, 11% higher than in the year-ago period, and net profit rose 23% to RON12 million. Operating profit increased by 33% to RON19.5 million.
Real estate developer IMPACT Developer & Contractor has presented its 2026-2034 strategy, which entails construction of 7,870 homes in five projects, with a total built area of almost 900,000 square meters and a gross value put at EUR1.61 billion.
Romania's Competition Council is looking into the transaction through which Bulgaria's Buildcom EOOD plans to acquire Romania's Argus S.A. Constanta and its subsidiary, Comcereal S.A. Tulcea.
Romania dropped from 16th to 17th place among Germany's trading partners after the total value of trade (imports and exports) between the two countries fell 1.9% year-over-year to EUR21.1 billion in the first half of 2025, according to the Romanian-German Chamber of Commerce and Industry (AHK Romania), citing data from the Federal Statistical Office (Destatis).
Economic woes in Romania's tourism industry are starting to take a significant toll on tour operators as seven out of ten face dwindling revenues and overnight stays, according to the 5th edition of the White Paper on Tourism in Romania, launched this week by IMM Romania in Constanta.
A multidisciplinary team of lawyers from Reff & Associates | Deloitte Legal assisted PK Development Holding, a Prime Kapital group company, in a EUR100 million euro bond issue subscribed mainly by the five former financial investment funds (SIFs) – Lion Capital, Evergent Investments, Transilvania Investments, Longshield Investment Group and Infinity Capital.
Romania's gross domestic product (GDP) grew by 0.3% in unadjusted data in the first half of 2025 compared with the same period of 2024 and by 1.4% in seasonally adjusted data, provisional (1) estimates from the country's statistics office INS showed on Friday, Sept 5.
DPD (Dynamic Parcel Distribution) Romania, one of the biggest actors in the parcel delivery market and a member of the international group Geopost, posted more than RON432 million (EUR86.8 million) revenue in 2024, up 11% compared with the previous year’s RON389 million (EUR78.6 million), according to ZF calculations based on Finance Ministry data.
Eaton Electro Productie, the local subsidiary of US’ Eaton, which owns two factories in Maramures County (Sarbi and Busag) where it manufactures electrical switchboards and metal structures, posted RON1.417 billion (EUR285 million) revenue in 2024, down 4.4% from the previous year’s RON1.484 billion (EUR300 million), according to ZF calculations based on Finance Ministry data.
DIY retailer Leroy Merlin Romania is stepping up investment as the local DIY market is showing signs of maturity and the Romanian consumers are investing more and more in improving their homes to reduce energy consumption.
Romaero Bucharest (RORX.RO), a strategic company for Romania's aerospace and defense industry, which is now insolvent, posted RON2.5 million net profit in January-June 2025, up compared with a loss of RON24.8 million in the year-ago period, its first half report to the Bucharest Stock Exchange shows.
Romania's Finance Ministry raised RON1 billion from banks on Thursday (Sept 4), selling government paper in two auctions, at annual average yields of 7.59% and 6.96%, respectively.
Holde Agri Invest (stock symbol: HAI), one of the largest farmland operators in Romania, ended the first half of 2025 with consolidated revenue of RON59 million, down 4.8% from RON62 million reported in the same period of 2024.18948 items