Found 19015 news
Paper products manufacturer Pehart Group for 2024 reported turnover worth RON800.8 million (around EUR161 million), down 1.3% from 2023, in line with ZF calculations based on Finance Ministry data.
Gral Medical, a leading healthcare provider in Romania, has new projects for the next three years, until 2029, but is also looking at new services, according to the company’s representatives.
Romanian-held retailer Annabella has integrated the 87 stores it got from Profi and Mega Image and announces the most ambitious expansion plan so far – national coverage.
Globalworth returns to the office space development market by starting work on Green Court D, the fourth building of the complex in the Aurel Vlaicu – Floreasca area of Bucharest.
Romania's foreign exchange reserves stood at EUR65.4 billion at the end of November 2025, almost the same as on October 31, EUR65.34 billion, Romania’s central bank announced on Tuesday (December 2, 2025).
IT Genetics, a Romanian tech company specializing in digitalization and automation solutions for retail, logistics, manufacturing and other industries, wants to list on the AeRO market of the BVB in Q1/2026 and will before that carry out a private placement for new stock via which it wants to raise as much as RON7.5 million from investors.
Clifford Chance Badea, the local office of global law firm Clifford Chance, has assisted Nofar Energy, via project companies Slobozia Solar Plant S.R.L., Avid Renewable Investment S.R.L. and Corbii Mari Solar Plant S.R.L. in contracting a EUR192 million funding, arranged by the European Bank for Reconstruction and Development.
Swedish company OX2, specializing in the development of renewable power projects, has taken over three wind energy projects from Future Power totaling 235 MW, located in Vaslui and Vrancea.
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, has signed to take over the brake system parts overhaul activities of Knorr-Bremse, the local subsidiary of Knorr-Bremse group.
Law firm Filip & Company legally assisted Banca Transilvania with the launch and execution of its first AT1 bond issue on international capital markets, a deal worth EUR500 million.
Romania unemployment rate dropped to 5.9% in October, 0.2% below the September level, with the total number of unemployed people being estimated at 487,300, 10,000 fewer than in September, but 23,600 more than in the year-earlier period, in line with the country's statistics office INS.
Horia Tecau is launching Mind.Set.Match platform dedicated to sports education and is entering the shareholding structure of Electryphy, a Romanian sports equipment brand.
Swisspod Technologies, the Romanian-Swiss startup developing an ultra-high-speed transportation technology, has reached investments totally worth around $20 million, with $13 million coming from funding raised from funds and private investors such as Hurbig Ventures, Silicon Roundabout Ventures and Felix Porsche, and the rest from grants mainly obtained from the Swiss state and the European Innovation Council.
German-held builder Geiger Transilvania for 2024 reported turnover worth RON277.1 million (EUR55.7 million), down 33.6% from 2023, in line with ZF calculations based on Finance Ministry data.
Window manufacturer Barrier ended 2024 with EUR50 million turnover and has the installed capacity to double production, but the lack of predictability and unfair competition in constructions make it cautious with expansion plans.
Ford Otosan Romania generated revenues worth TRY148.5 billion (around EUR3 billion) in the first nine months of 2025, accounting for a quarter of the group’s total turnover.
Cris-Tim Family Holding (CFH.RO), the leader of Romania’s cold cuts and ready meal market, posted RON853.1 million revenue in the first nine months of 2025, an increase of 3% on the year-ago period.
Bittnet Group ended the first nine months of 2025 with significantly poorer financial results compared with the same time last year, due to postponement and delays of digital infrastructure projects and a difficult market for the IT industry.
Electrica, a leading player on Romania electricity wholesale and supply, ended the first nine months of 2025 with net profit of RON839.8 million at consolidated level, higher by RON537.4 million than the RON302.4 million level reported in the same period of 2024, amid a strong comeback of the supply segment, higher revenues and enhanced investments.
Danube freight forwarder Transport Trade Services (stock symbol: TTS) switched to profit in the third quarter of 2025, almost fully recovering the losses recorded in the first six months of 2025 amid significant cost cuts and slightly higher revenues.19015 items