Romania Feed

London-based investment firm Fremman Capital, with European offices, has entered into a definitive agreement to acquire Amethyst, a provider of cancer care services, from its founding shareholders and American asset management firm Rohatyn, it said in a statement.

Alpin 2003, which manages the Alpin Resort Hotel complex, one of the largest in the Poiana Brasov resort, ended 2024 with RON73 million revenue, up just 5% on 2023, Finance Ministry data show.

Electrica (EL.RO), a major actor on the electricity supply and distribution market in Romania, on Wednesday notified the Bucharest Stock Exchange that NN Group had increased its stake to 10.08% after having bought more stock in it.

Danube freight carrier Transport Trade Services (TTS.RO) has announced that its shareholders decided during the general meeting on April 30 to distribute RON27.9 million dividends from the 2024 net profit.

Sâmbătă, 10 Mai 2025, va avea loc pelerinajul anual la Cimitirul Săracilor din Sighetu Marmației, care se va desfășura după următorul program: - Ora 9:00 - Procesiune de la Memorialul Victimelor Comunismului și al Rezistenței - Ora 10:30 - Sfânta Liturghie Arhierească. „Cerem Domnului ca, prin mijlocirea Fericiților Episcopi Martiri, să ne dea harul [...]

Fuel wholesaler JT Grup Oil, listed at the Bucharest Stock Exchange, ended 2024 with a turnover of RON229 million, up 2.4% year-over-year, backed by an increase in sales volumes and the consolidation of the market share.

Corden BioChem, a German industrial biotechnology company, announces a strategic investment in Romania, by buying the decommissioned Clariant bioethanol plant in Podari, Dolj County, which will undergo an upgrade process.

Forvis Mazars Group, the international audit, tax and advisory services partnership, recently revealed the results of its latest C-suite barometer.

Meta Estate Trust, a holding company operating in the real estate sector, announces investments of nearly 4 million euros in four residential projects in Bucharest.

Etiq AI, the female-founded AI-startup based in London, UK, has announced it has raised EUR900,000 in seed funding led by GapMinder VC, following previous grant funding of £1 million from InnovateUK, and will be used to scale its newly launched “Data Science Copilot”, a platform designed to radically accelerate debugging and testing for machine learning models.

Two-thirds (66 percent) of company representatives say that recently hired employees were not fully prepared for the roles they fill, and lack of experience was the main cause of failure, while employees (nearly 60 percent) consider their organization values job experience and degrees over skills and potential, according to the Deloitte 2025 Global Human Capital Trends report.

Romanian authorities issued 7,630 residential building permits in the first quarter of 2025, 2.8% more than in the same period of 2024, data from the country’s statistical office INS showed on Wednesday (April 30, 2025).

Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza Onofrei and Cosmin Roman.

Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is changing its name to Pensia Mea Plus.

BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved operating result underpinned by significant advance in customer business.

Winemaker Purcari wants to distribute to investors a dividend of RON0.65/share.

BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier period, while retail and corporate lending posted two-digit increases.

OMV Petrom, Romania’s sole oil and gas producer, for the first quarter of 2025 reported RON9 billion sales, up 5% from the year-earlier period, while its net profit declined by 24% to RON1.07 billion.

Upholstered furniture maker Polipol, owned by the German group of the same name, for 2024 reported turnover worth RON158.7 million (EUR31.9 million), down 10.7% from 2023, in line with ZF calculations based on Finance Ministry data.

Aquila Part Prod (AQ.RO), an integrated distribution and logistics services company for the consumer goods market in Romania and the Republic of Moldova, will distribute dividends of approximately RON60 million to shareholders on June 6, following the decision of the General Meeting of Shareholders on April 29.