Found 19015 news
CVC, one of the world’s largest private equity funds, has entered a EUR1 billion joint venture with Therme Group to expand the European wellness network.
Car parts wholesaler Unix Auto of Cluj-Napoca, controlled by entrepreneur Zombori Antal, in 2024 generated turnover worth RON434.6 million (EUR87.3 million), slightly up, by 1%, from 2023, in line with ZF calculations based on Finance Ministry data.
Uniprest Instal, a wholesaler of heating installations controlled by Dutch group Rensa, reported turnover worth RON318.4 million (EUR64 million) for 2024, up 14.2% from 2023, in line with ZF calculations based on Finance Ministry data.
Agro Chirnogi, the largest player in Romania agribusiness sector by turnover, in 2024 registered the lowest turnover in the past four years because of drought that affected over 2 million hectares, almost half of Romania’s grain area.
Brasov-based Sf. Constantin hospital, the largest private healthcare operator in this county, in 2024 posted 16% turnover growth, to RON128 million. It also generated profit of RON1.4 million after having been loss-making since 2019.
Premium Aerotec, part of Airbus group, for 2024 reported turnover worth around RON617.9 million (EUR124.2 million), 34.9% higher than in 2023, in line with ZF calculations based on Finance Ministry data.
Eliezer Prod, the producer of the Lunca Ilvei cheese brand, based in the town of the same name in Bistrita-Nasaud County, posted almost RON26.9 million (EUR5.4 million) revenue in 2024, up 14.7% from the previous year’s RON23.4 million (EUR4.7 million), according to ZF calculations based on Finance Ministry data.
Fabrica de Lapte Brasov, which produces and markets the Olympus range and is one of the largest dairy producers in Romania, estimates an increase in sales in 2025, both on the local market and internationally.
Celestica (Romania), the local subsidiary of the Canada’s Celestica Group, posted RON1.545 billion (EUIR310.6 million) revenue in 2024, down 21.4% from the previous year’s RON1.967 billion (EUR397.8 million), according to ZF calculations based on Finance Ministry data.
Schrack Technik Romania, part of Austria’s Schrack Technik GMBH Group, one of the leading actors on the market of electrical installations and equipment, has invested about EUR15 million in the construction of a new logistics center in Domnesti, near Bucharest.
MedLife, the largest private healthcare network in Romania, by turnover, has announced in a stock market report on June 17 the inauguration of the first fully automated laboratory in Brasov, following an investment of over EUR2 million.
Law firm RTPR assisted Tensa Art Design and its shareholders, Daniel Craciun, Florin Nita and ATM Ventures, part of the Autonom Group, in getting an investment from OH Holding Limited, a company represented by entrepreneur Oleg Kalashnikov, founder of Luxoptica.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) on June 16 made six term deposits with local lenders Exim Banca Romaneasca, Raiffeisen And Banca Transilvania, the company has announced in a report to the Bucharest Stock Exchange on June 17, 2025.
Romania recorded the highest annual increase in hourly labor costs in the European Union (EU) in the first quarter of 2025, as per data released by Eurostat, the EU's statistical office.
One out of four Romanian employees is dissatisfied with their salary, half of them expect salaries to stagnate in the next two years, and only 13% of companies would be willing to significantly raise salaries in the coming year, according to the survey “Salaries and benefits – balancing expectations and supply” conducted by Undelucram.ro at regional level.
Although 60% of organizations in Romania are involved in AI (artificial intelligence) utilization, either through testing or adoption planning, only 11.2% have successfully implemented the technology, finds a recent study by EY on emerging technologies.
Romania boasts the third fastest growth pace globally in terms of expenditure on dining out, after Turkmenistan and China, among almost 80 countries analyzed from Europe, Asia and North America, in line with Oxford Economics data quoted by Colliers.
German group Hella, part of Forvia conglomerate, the world’s seventh largest car supplier, continues operational reshuffling in Romania and announces, according to some market sources, the shutdown of its Iasi software development center, less than two years after closing the similar unit of Oradea.
Jasill group, active in the field of tax consulting, accounting, audit and HR services, has completed the takeover of Excelcont, one of Romania’s oldest accounting, audit and HR entrepreneurial firms.
Romania telecom market in 2024 suddenly lost one of the companies part of the so-called “billionaires” club, with annual turnover of above RON1 billion, in line with Finance Ministry data.19015 items