OMV Petrom Makes New Natural Gas Discovery in Spineni, Near Craiova

yesterday, 10:17
OMV Petrom has discovered a new natural gas reservoir in Spineni, around 70 km northwest of Craiova.
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Unix Auto 2024 Net Profit Soars 83.5% in 2024 To RON7.2M
06.18.2025
Car parts wholesaler Unix Auto of Cluj-Napoca, controlled by entrepreneur Zombori Antal, in 2024 generated turnover worth RON434.6 million (EUR87.3... more
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Uniprest Instal Switches to Losses in 2024
06.18.2025
Uniprest Instal, a wholesaler of heating installations controlled by Dutch group Rensa, reported turnover worth RON318.4 million (EUR64 million)... more
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Agro Chirnogi Sees 2024 Turnover Plunge 40% To RON730M
06.18.2025
Agro Chirnogi, the largest player in Romania agribusiness sector by turnover, in 2024 registered the lowest turnover in the past four years because... more
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Sf. Constantin Private Hospital Returns to Profit in 2024 after Five Years of Losses
06.18.2025
Brasov-based Sf. Constantin hospital, the largest private healthcare operator in this county, in 2024 posted 16% turnover growth, to RON128... more
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Premium Aerotec 2024 Turnover Up 34.9% To almost RON617.9M in 2024
06.18.2025
Premium Aerotec, part of Airbus group, for 2024 reported turnover worth around RON617.9 million (EUR124.2 million), 34.9% higher than in 2023, in... more
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Cheese Maker Eliezer Prod Revenue Rises 14.7% To Almost RON26.9M In 2024
06.18.2025
Eliezer Prod, the producer of the Lunca Ilvei cheese brand, based in the town of the same name in Bistrita-Nasaud County, posted almost RON26.9... more
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Dairy Producer Olympus Expects Sales Growth In 2025
06.18.2025
Fabrica de Lapte Brasov, which produces and markets the Olympus range and is one of the largest dairy producers in Romania, estimates an increase... more
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Celestica Swings To Loss In Romania In 2024
06.17.2025
Celestica (Romania), the local subsidiary of the Canada’s Celestica Group, posted RON1.545 billion (EUIR310.6 million) revenue in 2024, down... more
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Schrack Technik Romania Inaugurates Logistics Center In Domnesti, A EUR15M Investment
06.17.2025
Schrack Technik Romania, part of Austria’s Schrack Technik GMBH Group, one of the leading actors on the market of electrical installations and... more
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MedLife Invests EUR2M In The First Fully Automated Laboratory In Brasov
06.17.2025
MedLife, the largest private healthcare network in Romania, by turnover, has announced in a stock market report on June 17 the inauguration of the... more
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Law Firm RTPR Assists Lensa Shareholders In Getting Investment From OH Holding Limited
06.17.2025
Law firm RTPR assisted Tensa Art Design and its shareholders, Daniel Craciun, Florin Nita and ATM Ventures, part of the Autonom Group, in getting... more
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Romgaz Makes Six Deposits Worth Over EUR600M With Exim Banca Romaneasca, Raiffeisen And Banca Transilvania
06.17.2025
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) on June 16 made six term deposits with local lenders Exim Banca... more
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Eurostat: Romania Sees Highest Annual Increase In Hourly Labor Costs In The European Union In Q1/2025
06.17.2025
Romania recorded the highest annual increase in hourly labor costs in the European Union (EU) in the first quarter of 2025, as per data released by... more
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Undelucram.ro: One In Four Romanian Employees Dissatisfied With Salary
06.17.2025
One out of four Romanian employees is dissatisfied with their salary, half of them expect salaries to stagnate in the next two years, and only 13%... more
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EY: Romanian Companies Face Challenges In Successful AI Adoption
06.17.2025
Although 60% of organizations in Romania are involved in AI (artificial intelligence) utilization, either through testing or adoption planning,... more
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Colliers: Romanians Spent EUR6B in 2024 on Dining Out
06.17.2025
Romania boasts the third fastest growth pace globally in terms of expenditure on dining out, after Turkmenistan and China, among almost 80... more
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Germany’s Hella Shuts Down Second Romania Center
06.17.2025
German group Hella, part of Forvia conglomerate, the world’s seventh largest car supplier, continues operational reshuffling in Romania and... more
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Jasill Group Takes Over Excelcont
06.17.2025
Jasill group, active in the field of tax consulting, accounting, audit and HR services, has completed the takeover of Excelcont, one of Romania’s... more
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Sipstatus Communications 2024 Turnover Plunges 98% To RON27M from RON1.2B in 2023
06.17.2025
Romania telecom market in 2024 suddenly lost one of the companies part of the so-called “billionaires” club, with annual turnover of above RON1... more
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MidEuropa In Talks for New Acquisition in Romania
06.17.2025
Private equity fund MidEuropa Partners is in advanced talks for a new acquisition in Romania, of a company that has an entrepreneur and an... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.