Found 19015 news
Bittnet Systems (stock symbol: BNET) has announced in a stock market report on June 19 the signing of a credit contract worth EUR1 million between ProCredit Bank and Dendrio Solutions SRL, part of the Digital Infrastructure pillar of Bittnet group.
OMV Petrom (stock symbol: SNP), the largest integrated energy producer in South-Eastern Europe, concluded a supply contract with Bulgaria's vegetable oils and biodiesel producer Astra Bioplants Ltd for the acquisition of pre-treated used cooking oil.
Private pension funds' total assets reached RON165 billion at the end of the first quarter of 2025, up 18% against the same period of 2024 and up 5.6% versus the end of 2024, in line with data provided by Romania’s Financial Supervisory Authority (ASF).
Romania's Finance Ministry raised RON2.1 billion from banks on Thursday (June 19), selling government paper in two auctions, at annual average yields of 7.33% and 7.51%, respectively.
Artificial intelligence (AI) promises to radically transform the real estate industry, especially operational processes, but it will neither fully replace human relations nor will it significantly reduce the number of employees, as per a survey conducted by Colliers within the 2024 – 2025 CoreNet Summits.
The volume of construction works in Romania fell slightly by 0.5% in unadjusted data and by 2.8% when adjusted for the number of working days and seasonality, in April 2025 compared to April 2024, data from Romania’s statistical office INS showed on Thursday (June 19).
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, controlled by entrepreneur Gruia Stoica, has recently launched the Leon train.
Insurance company SIGNAL IDUNA has got the final greenlight from financial watchdog ASF for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General Insurance Company, Greece’s largest insurer.
Bento, a Romanian tech company listed on the bourse and specializing in software solutions, wants to tap into Western markets, starting with the UK, where it seeks local partners that should sell the technology developed in Romania.
Economic confidence surged in Romania in May, by 11.5 points to 44.9 points, in line with CFA Romania Associations’ Macroeconomic Confidence Index.
Fuel supplier Artoil in Timisoara, held by entrepreneurs Alexandra and Alex Bunceanu, posted RON833.6 million (EUR167.5 million) revenue in 2024, down 30.1% from the previous year’s RON1.193 billion (EUR241.3 million), according to ZF calculations based on Finance Ministry data.
lectronic components and equipment manufacturer Zes Zollner Electronic, a local subsidiary of Germany’s Zollner Elektronik Group, posted RON2.347 billion (some EUR472 million) revenue in 2024, down 23.9% from the previous year’s RON3.086 billion (EUR624 million), according to ZF calculations based on Finance Ministry data.
For the first time ever on Romania’s IT&C distribution market, a Romanian actor breaks the ‘monopoly’ of Apcom IT, part of the Lebanon’s Midis Group, which has a presence in more than 70 countries, on the distribution of Apple products in Romania, so now there will be two distributors of Apple in the country. Apple has seen significant growth in sales in Romania in the last few years.
Romania's Financial Supervisory Authority (ASF) on June 18 authorized Remus Vulpescu for the position of Chief Executive Officer (CEO) of Bursa de Valori Bucuresti S.A. (the Bucharest Stock Exchange), which operates the local capital market, according to Ziarul Financiar (ZF) daily.
Bitdefender, one of Romania's most powerful IT companies, which has become a global leader in the cybersecurity market, has reached an agreement to acquire Mesh Security Limited (Mesh), a provider of advanced email security solutions based in Dublin, Ireland, the company announced.
Romania has the potential to become a key hub in the regional data center landscape, as it has a robust IT infrastructure, skilled workforce, and a supportive climate, considering that the local data center market is dominated by Romanian operators with a small average size of facilities, according to Laura Bordianu, Data Analyst Research Department Cushman & Wakefield Echinox.
Germany’s DEHN Group, which specializes in lightning and surge protection and safety equipment solutions, inaugurated the construction site for its first manufacturing facility in Romania, in Cateasca, near Pitesti, Arges County, on Wednesday, June 18. The investment stands at about EUR10 million.
Romania's public debt kept rising in March 2025, totaling RON998 billion and weighing 56.1% in the gross domestic product (GDP), as per finance ministry data.
Law firm Filip & Company has legally assisted investment fund OH Holding with its entering the shareholding structure of the company that operates Lensa, one of the leaders of Romania eyewear market.
Meta Estate Trust, a holding company that operates in the real estate sector, has invested around EUR2 million in a new retail park under development in Ciolpani commune.19015 items