Romania's Competition Council has approved the transaction by which OMV Petrom (stock symbol: SNP) intends to outsource transport services from the production areas of Oltenia and Valahia in Pitesti, together with the related personnel, to road transport company Eugen Trans S.R.L.
Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach customers and consumers in Central Europe via Nokian Tyres’ distribution centers.
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, has informed investors on March 28 that the international agency Fitch Ratings has upgraded on March 27, 2025 the company's rating outlook from "negative" to "stable" and has confirmed the long-term rating at the "BBB-" level.
Alternative investment firm Evergent Investments (EVER.RO) has notified the Bucharest Stock Exchange about reaffirming its decision to withdraw from the shareholder structure of Aerostar Bacau (ARS.RO), a supplier of aerostructures, subassemblies and hydraulic systems for global manufacturing programs.
State-run natural gas supplier and producer Romgaz (SNG.RO), has called shareholders for April 29 to vote on the distribution of a RON0.1568 gross dividend per share from 2024’s profit and from the retained earnings, or about RON604 million in all.
Dexory, a robotics and data intelligence company, founded by Romanian entrepreneurs Oana Jinga, Andrei Danescu and Adrian Negoita, has officially joined Endeavor’s global network.
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, seeks shareholder vote on April 29 for distribution of RON60 million dividends from the RON65.8 million net profit of 2024.
The assets of Banca Transilvania (TLV.RO), the leader of the Romanian banking market, are set to increase by 14% to RON210 billion in 2025, as a result of the increase in the gross lending volume by some 19% to RONI104 billion, so the Cluj-based lender will cement its leading position.
Farmacia Ardealul, a chain of 11 pharmacies in Piatra Neamt that started 32 years ago, posted 8% growth in revenue to more than RON90 million in 2024, according to ZF’s calculations.
Automotive component maker Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt expects 2025 revenue to be the same as in 2024, when it stood at RON317.3 million (EUR63.4 million), the data the company supplied show.
Comtim Romania, formerly Smithfield Romania, the largest actor on the pork market in the country, has opened a store in Bucharest, its first outside its home of Timisoara, where it has only one store inside its factory.