OMV Petrom 1Q/2025 Sales Up 5% YOY To RON9B. Net Profit Drops 24% To RON1B

04.30.2025
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.
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Teilor Holding Ends 2024 With RON523 Consolidated Revenue
04.28.2025
Teilor Holding, a group that includes the luxury jewelry chain Teilor and takes its name after the first street its offices were on in Pitesti,... more
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Braiconf Secures Shareholder Approval For EUR10M Loan For Urban Renewal Project
04.28.2025
Braiconf (BRCR.RO), a clothing manufacturer in Braila, has secured shareholder approval for a EUR10 million loan to carry out an urban renewal... more
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Finance Ministry Raises RON910M From Banks On April 28
04.28.2025
Romania's Finance Ministry raised RON910 million from banks on Monday (April 28), selling government paper in two auctions, at annual average... more
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Colliers: Romania Offers among EU’s Highest Incentives for Industrial and Office Projects
04.28.2025
Romania is increasingly attracting the interest of investors looking at CEE for industrial or office spaces, partially owing to government... more
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Credit Europe Bank Becomes Nexent Bank
04.28.2025
Credit Europe Bank on Monday announced its change of identity to Nexent Bank. This is a strategic move to upgrade and improve the services of the... more
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BT Pensii Takes Over Management Of Voluntary Pension Fund BRD Medio
04.28.2025
BT Pensii, part of the Banca Transilvania Group. on Monday announced it would be managing voluntary pension fund FPF BRD Medio from now on, renamed... more
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ING Bank and UniCredit Bank Acted as Joint Coordinators and Lead Managers in EUR200M Funding Contracted by Digi for Optical Fiber Networks
04.28.2025
ING Bank and UniCredit Bank acted as joint coordinators and lead managers in the EUR200 million five-year funding granted to telecom operator Digi... more
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Economic Confidence Rises in March, but CFA Analysts Caution about Main Risk for Romania Economy: Possible Downgrade to Junk
04.28.2025
The Macroeconomic Confidence Index of CFA Romania Association in March rose by 7.3 points to 43.9 points, exclusively on the increase of the... more
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Early Game Ventures Aims to Seal 8-10 Investments in 2025
04.28.2025
Early Game Ventures (EGV), one of the most dynamic venture capital funds focused on investments in CEE tech startups, plans to carry out between... more
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New Investment Fund Arrives in Romania. Croatia’s Provectus Capital Partners Opens Bucharest Office
04.28.2025
Private equity fund Provectus Capital Partners (PCP), headquartered in Zagreb, Croatia, has entered Romania market by opening an office in... more
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Maspex 2024 Turnover Rises 9% To RON1.25B. Profit Hits RON177M
04.28.2025
Maspex Romania, a leading player in the beverages and foodstuffs industry, in 2024 generated RON1.25 billion turnover, up around 9% from 2023. The... more
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Artego 2024 Turnover Down 11.1% YOY To RON144.8M
04.28.2025
Romanian conveyor belt maker Artego for 2024 reported turnover worth RON144.8 million (EUR29.1 million), down 11.1% from 2023, in line with ZF... more
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Macromex 2024 Turnover Up 15% YOY To RON894M on RON45M Profit
04.28.2025
Macromex, the biggest player in the frozen foodstuffs sector, in 2024 reached RON894 million turnover, up 15% from 2023. The company’s net profit... more
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IKEA Wants to Bring New Store Formats to Romania
04.28.2025
Vincent Devloo, area retail manager at Ikea Southeastern Europe, says the group is looking to open stores in smaller cities and test new store... more
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Foraj Sonde Videle Buys Germany’s KATT Lines Of Business In Romania
04.25.2025
Oil drilling company Foraj Sonde (FOJE.RO) in Videle on Friday evening announced on the Bucharest Stock Exchange that it was expanding its presence... more
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Banca Transilvania Shareholders Approve Distribution Of RON1.6B Dividends
04.25.2025
Banca Transilvania (TLV.RO) shareholders approved, among others, the distribution of RON1.59 billion dividends from the RON3.5 billion net profit... more
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Auto Italia Becomes Chery Importer In Romania
04.25.2025
AUTO ITALIA Group, part of the Samelet Group, has been appointed official importer of the Chery brand in Romania during the Auto Shanghai 2025. more
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Furniture Maker Spectral Opens New Own Store In Ramnicu Valcea
04.25.2025
Furniture maker Spectral Mobila SA on Friday inaugurated its 39th Spectral Mobila store in Romania, in Ramnicu Valcea. The new store will be... more
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Romania Bank Deposits Up 7.9% YOY To RON629B in March 2025
04.25.2025
Population and company deposits in March 2025 hit a total of RON629 billion, up 7.9% from the same period of 2024 (2.9% in real terms), after local... more
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Romania Private Lending Rises 9.2% In March 2025 YOY To RON423B
04.25.2025
Romania private lending in March 2025 registered a 9.2% increase from the year-earlier period, to a total amount of RON423 billion, after... 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.