All 1,011 employees at the Damen Mangalia shipyard will be laid off in two phases, on June 25 and July 16, following the company’s bankruptcy filing.
Natural gas producer and supplier Romgaz (stock symbol: SNG) on May 6 informed its shareholders and investors that it reached an agreement in principle with chemical fertilizer producer Azomures regarding the takeover of the latter's operational activity through the "Transfer of a Going Concern" mechanism.
The shareholders of the Vifrana winery in Adamclisi, Constanta County, are offering for sale a 57.75% stake for RON0.14 per share, half the price announced last year, with the total price reaching EUR775,000.
CloudXEdge, part of Liberty Global, has launched today, entering the Romanian market with an integrated portfolio of public, private and hybrid cloud solutions and services designed to improve performance and drive modernization across businesses and public institutions.
UniCredit Bank has completed, as mandated lead arranger, global coordinator and bookrunner, a syndicated transaction for the acquisition of the majority stake in Romanian Business Consult SRL, the largest IT solution integrator for the retail industry in Romania, by buyout investor MidEuropa.
Salary, the most critical criterion for accepting a job offer, remains the primary vulnerability for employers in Romania: only 51% of Romanian employees believe their salary is sufficient, according to the Randstad Romania Employer Brand Research 2026.