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OMV Petrom, a company that in the past three years proposed a special dividend to shareholders in June or July, ahead of the first-half result publication, now specified in its financial report that a potential decision on the distribution of such a dividend would be made in the third quarter of 2025.
Fashion discounter Pepco, present in Romania since 2015, is expanding further in small and medium-sized cities even as the retailer already has almost 500 stores on Romania map.
Timisoara-based lighting fixture and system manufacture Elba, a supplier of automotive lights for such groups as Dacia-Renault and Skoda, ended 2024 with a turnover of over RON309 million (EUR62.1 million), up 2.3% from RON301.9 million (EUR61 million) reported in 2023, as per calculations by Ziarul Financiar (ZF) based on finance ministry data.
Automotive, farming and transportation electric wiring maker E-Cablaje, held by Italy’s Cable Company SPA and Lobogest SPA, made RON9.3 million (EUR1.8 million) net profit in 2024, up 98.2% from a net gain of RON4.7 million (EUR951,000) reported in 2023, in line with public data.
Romania's Ministry of Energy has declared a crisis-level emergency situation and authorized the removal of 80,000 tons of crude oil and 30,000 tons of diesel from the country's emergency stocks amid a contamination incident at the Turkish Ceyhan oil terminal, which also affected a shipment of crude oil from Azerbaijan destined for OMV Petrom’s Petrobrazi refinery.
Proptech startup VAUNT, which supports real estate developers in their marketing and sales processes, has launched Spotlight, a new AI-powered tool that enables the automatic and independent generation of interactive digital tours.
Three out of ten Romanians allocate a budget between RON4000 and RON8000 for vacations, while almost a quarter of them have a more generous annual budget for vacations, of over RON8000, according to a survey by ING Bank.
Romania's Finance Ministry raised RON1.1 billion from banks on Monday (August 4), selling government paper in two auctions, at annual average yields of 7.23% and 7.31%, respectively.
The restructuring plan of steel plant Liberty Galati was officially approved by creditors and confirmed by the Galaţi Court in early August 2025.
New registrations of road vehicles for passenger transport increased by 1.9% in the second quarter of 2025 compared to the second quarter of 2024, data from the country’s statistical office INS showed on Monday (August 4, 2025).
A team of transaction specialists of PwC Romania granted assistance, financial and tax due diligence and deal support to investment fund T2Y Capital in relation to the acquisition of a minority stake in Prime Batteries, a Romanian producer of energy storage solutions.
Franklin Templeton International, the US that manages Fondul Proprietatea, on August 1 received, from a number of shareholders of the Fund who, according to their own assertion hold together a total of 5.27% of the Fund’s share capital, a request to convene the Ordinary General Shareholders’ Meeting of Fondul Proprietatea.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, opened the week at 6.61%, down from 6.64% on Friday, August 1, in line with central bank data.
Law firm Filip & Company legally assisted OLX Global B.V., part of Prosus group and a stakeholder in the company that owns online platform OLX Romania, with the sale of Kiwi Finance S.R.L., a leading real estate broker in Romania, to Partners Financial Services a.s., a major player in Czechia’s financial services field.
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu, marking the Company’s strategic entry into one of Romania’s most dynamic regional cities.
Rex Concepts BK Romania, the local franchisee of US fast food brand Burger King, has budgeted EUR6-7.5 million investments in 2025 for network expansion.
Boglar Champ ended 2024 with RON149 million turnover, up from RO134 million in 2023 and RON14.5 million net profit, from RON16.8 million, and targets RON170 million turnover in 2025, up 14% from 2023.
Otopeni handling companies raked in revenues worth almost RON340 million in 2024, up 20% yoy.
Dr. Max Group, which includes the pharmacies of the same name and drug wholesaler Mediplus, ended 2024 with over EUR2 billion (RON10.7 billion) turnover, after a 23% advance from 2023.
Bringo, the online fast grocery delivery service, part of French group Carrefour, launched its own loyalty program two months ago and almost 1 in 5 active users has already reached one of the program’s higher tiers – Silver, Gold and Platinum.19058 items