Romania’s Natural Disaster Insurance Pool (PAID Romania) announces completion of a new share capital increase approved by the Financial Supervisory Authority. As a result of the operation, the capital went up from RON19.3 million to RON193.41 million.
Drugstore brand BIPA of German REWE Group will be entering the Romanian market in 2026 and Martin Gaber will be appointed Managing Director of BIPA Romania, starting June 1, 2025.
ELI Parks, one of the most active developers on the logistics and industrial market in Romania, announces rental of 3,500 square meters in ELI Park Bacau by Raben Logistics Romania, part of Netherland’s Raben Group, European leader in the field of logistics and transportation.
The Energy Ministry says it has taken note of the decision of Sinteza Oradea (STZ.RO) to drop the implementation of the project to create a battery manufacturing facility, part of the National Recovery and Resilience Plan, after having received the notification officially on May 20, 2025.
The TV set market in Romania grew to more than 1.4 million units or a total of more than EUR415 milion in 2024, as last year had two major sporting events – the Olympic Games in Paris and the European Football Championship UEFA Euro 2024, which drove television sales.
Construction material manufacturer TeraPlast Bistrita (TRP.RO), budgeted RON1 billion consolidated revenue in 2025, an increase of 12% year-on-year, as well as RON5 million net profit, compared with a RON20 million loss, as a result of expansion completion for the time begin.
Industrial pipe maker Silcotub Zalau, part of the Tenaris group of Italy’s Rocca family, posted RON3.770 billion (EUR758 million) revenue in 2024, 1.4% lower than the RON3.824 billion (EUR773.2 million) of 2023, according to ZF’s calculations based on Finance Ministry data.
Businessman Iosif Forgaci, who founded and developed one of the largest producers of sandwiches in Romania, Bite Sandwiches based on Mures, is now betting on a new business – the world’s smallest gelateria.