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Romania’s capital market will be included the Advanced Frontier Market (AFM) subcategory, MSCI, a global provider of financial indices, announced after its annual review of capital markets accessibility (Global Market Accessibility) published on June 19.
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
New car registrations in Romania fell 12.8% to 54,209 units in January-May 2025 compared with the year-ago period, while in the EU they were down 0.6% to 4,566,970, data supplied by ACAROM and ACEA on Wednesday show.
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector, is investing EUR1.52 million in a portfolio of four villas in the premium Radisson Blu Grand Mountain Resort Brasov project.
Eurowind Energy, a developer and operator of renewable energy projects, is developing a new photovoltaic park in Visina, Dambovita County, the company announced.
Treevi Pizza Al Taglio, a brand specializing in Roman-style artisanal pizza by the slice, part of Tom Hospitality group’s portfolio, continues nationwide expansion and opens a restaurant in Timisoara, in Iulius Town shopping center.
Retele Electrice Romania, part of PPC group in Romania, has launched a public tender with a maximum value of almost RON32 million (VAT not included) for the acquisition of high-voltage electrical cables and accessories, needed for grid modernization projects.
German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal.
Electrical cables and conductors supplier VLG Ro, part of Austrian group Mienhart, for 2024 reported turnover worth RON412.8 million (around EUR83 million), slightly up, by around 1%, from 2023, in line with ZF calculations based on Finance Ministry data.
Alpin group, which operates the hotel compound of the same name in Poiana Brasov, is investing EUR20 million in a new accommodation unit, this time at the Romanian seaside, in Olimp resort.
Real estate developer STC Partners has bought a 1.6-hectare plot of land in Pipera, in the north of Bucharest, from Medicover for more than EUR8 million through special purpose vehicle Anemir Investments (SPV).
Voxa, a Romanian audiobook and e-book streaming platform, is expanding international presence with the official entry on the Latin American market, where there are more than 300 million potential consumers of digital content.
UK’s Frasers Group, which owns several brands on various market segments, such as Frasers, Flannels, USC, GAME, Evans Cycles, Jack Wills, has brought the Sports Direct sporting goods brand in Romania and opened the first store thereof in Promenada Craiova.
Arad-based fuel supplier Smart Diesel posted RON224.6 million (EUR45.1 million) net profit in 2024, an increase of 63.1% on 2023’s RON137.7 milion (EUR27.8 million), according to ZF’s calculations based on Finance Ministry data.
DHL International Romania, one of the largest parcel delivery companies in the country, ended 2024 with almost RON339.7 million (EUR68.2 million) revenue, an increase of 5.1% on 2023’s RON323.1 million (EUR65.3 million), according to ZF’s calculations based on Finance Ministry data.
Catena, a 957-pharmacy network in Romania, posted more than RON8 billion revenue in 2024, according to the information it supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook. The data are consolidated from several companies that operate the pharmacies, which is Catena’s business model.
Romania's Finance Ministry reopened a benchmark bond issue due in July 2023 and raised RON554.4 million from banks on Monday, June 23, RON154 million above the issue value according to its prospectus, at an annual yield of 7.45%.
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, is buying 50% in Dunav Solar Plant EOOD, which is developing the Gabare photovoltaic project with an installed capacity of about 400 MW, from Energy Element.
The European Commission has concluded that Romania’s EUR250 million (RON1.2 billion) recapitalization of majority state-owned Exim Banca Romaneasca does not constitute state aid within the meaning of the EU state aid rules.
Spain’s Olala! Group, which is already present in Romania via Rina Hotels, is investing more than EUR5 million to buy two hotels in downtown Bucharest, Hotel Duke Romana and Hotel Duke Armeneasca.19015 items