OMV Petrom has discovered a new natural gas reservoir in Spineni, around 70 km northwest of Craiova.
Romania construction field started 2025 with an 8.5% increase in the first four months from the year-earlier period, with infrastructure works posting the biggest advance, of over 15%, while the non-residential segment had an almost 2% decline, in line with data analyzed by Colliers.
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, for 2024 reported turnover worth RON290.1 million (EUR58.3 million), down 2.3% from 2023, in line with ZF calculations based on Finance Ministry data.
Liberty Galati steel plant ended 2024 with RON2.1 billion revenue, down from RON3.6 billion in 2023, and losses of RON1.6 billion, lower than the previous year, Finance Ministry data show. It had 4,902 employees in 2024, compared with 4,772 in 2023.
Morphosis Capital has raised more than EUR100 million for its second investment fund. The money came from NRRP, from EBRD and from a special purpose vehicle of eMAG’s Iulian Stanciu. The latest name to join this round is IFC, which contributed EUR15 million.