tbi bank has increased to 8% per year the interest rates on 1-month term deposits in lei for individuals.
The share capital of steelmaker Liberty Galati was increased by RON730 million by incorporating a EUR145 million debt held by the company's majority shareholder Liberty Holdco Galati & Skopje Limited.
Libra Internet Bank has increased the interest rates on deposits in lei for both individuals and legal entities, starting May 13, 2025.
Hygienic tissue paper producer Elfi, which has a factory in Albota (Arges County), announces investments of EUR10 million in 2025 for the expansion of production capacity and targets a 15% increase in turnover.
Oil terminal operator Oil Terminal, in which the Romanian state holds an 88% stake, reported RON10.3 million net profit during the January-March 2025 period, 64% below the level of the year-earlier period.
Romania's annual inflation rate remained unchanged in April 2025, at 4.9%, compared to March 2025, data from the country's statistical office INS showed on Tuesday (May 13).
Safetech Innovations, a Romanian cybersecurity company with offices in Bucharest, London, Abu Dhabi and Ryad, at individual level registered a RON3 million net profit in the first quarter of 2025, up 11% from the year-earlier period, RON13.2 million revenues, down 13% from Q1/2024, and RON9.3 million turnover, 21% lower.
In line with Finance Ministry and Trade Registry statistical data, the number of ailing companies has topped 160,000 in 2025, a five-year high.
Coffee shop chain 5 to go, founded by Radu Savopol and Lucian Badila, has entered the Bulgarian market via a partnership with Minimart, a proximity store network with around 200 units.
Winemaker Purcari in the first quarter of 2025 registered RON91.1 million revenues, up 12% from the same period of 2024 despite a higher comparable base, which included RON 5 million in sales from the now-discontinued Ecosmart business.
TeraPlast group, the largest polymer processor in Southeastern Europe, for the first quarter of 2025 reported RON249.2 million turnover, up 41% from the year-earlier period, and RON1.2 million consolidated net profit, compared with RON2.5 million losses in Q1/2024.
Spedition UMB of Bacau, controlled by Dorinel Umbrarescu, posted turnover of above RON5 billion last year, up 61% from 2023. Net profit rose to RON81.7 million, from RON49.5 million in 2023.
Romaqua Group, the largest natural mineral water producer and a leading player on the beverage market, ended 2024 with RON1.18 billion turnover, up 7% year-on-year. Net profit rose by around 12% from 2023, topping RON103 million, an all-time high, in line with data analyzed by ZF.
Door and window trim maker Mondo Style, controlled by local entrepreneurs, sends 80% of production abroad, with Italy, Spain and France as the main market, but also plans to enter Belgium after it expanded output capacity.