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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Romania Hotels Boast Region’s Highest Occupancy Rate
04.24.2025
While Romania’s infrastructure is less developed compared with other countries’ and the country has fewer tourists, the hotel business here... more
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Motorola Mobility Romania Ends 2024 with EUR60M Revenues, Up around 20% YOY
04.24.2025
Motorola Mobility Romania, part of Chinese group Lenovo, in 2024 registered EUR60 million sales in Romania, up around 20% from 2023. more
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Brewer URBB Losses Down From RON13.8M To RON1.5M In 2024
04.23.2025
United Romanian Breweries Bereprod (URBB), the maker of the Tuborg beer, ended 2024 with RON681 milion (some EUR137 milion) revenue, an increase of... more
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NN Pensii Now Owns More Than 10% In Premier Energy
04.23.2025
Premier Energy, (PE.RO), a supplier and distributor of electricity and natural gas, has announced that the NN-managed pension funds reached a 10.7%... more
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Ebm-papst Automotive & Drives Romania Inaugurates EUR30M Investment In Oradea On April 29
04.23.2025
Ebm-papst Automotive & Drives Romania, present on the Romanian market since 2017, where it has a factory in Oradea, is betting on further local... more
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TeraPlast Completes Acquisition Of Aquatica Experience Group
04.23.2025
Construction material producer TeraPlast SA (TRP.RO) has notified the Bucharest Stock Exchange of having completed the acquisition of the majority... more
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Popeyes Opens New Restaurant in Bucharest, Reaches Seven Units in Capital City
04.23.2025
US restaurant chain Popeyes will open a new unit in May in Bucharest, in shopping center Mega Mall, and will reach seven units in the capital city. more
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evoMAG Eyes International Expansion via Listing on Greece’s Skroutz, Aims to Cement Footprint on Romania Marketplaces
04.23.2025
The marketplace is becoming an increasingly important growth engine for evoMAG, generating around 15% of the company’s overall sales. The weight... more
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DVI Production Invests EUR40M in Mures BCA Plant
04.23.2025
DVI Production, a company that owns Fortem brand, is set to open in Iernut, Mures county, a BCA (autoclaved cellular concrete) plant with a... more
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Sofidel Turns to Loss in 2024 on almost RON316.4M Turnover
04.23.2025
Sofidel Romania, the producer of hygienic sanitary paper brands such as Onda, Volare and Regina, for 2024 reported turnover of around RON316.4... more
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GapMinder VC Wants to Invest around EUR10M in 5-6 New Companies in 2025
04.23.2025
GapMinder VC, one of the largest venture capital funds focused on investments in tech startups of Romania and other Eastern Europe countries, aims... more
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5.6 Million Passengers Passed Through Romania’s Airports In Q1, 2025
04.22.2025
Air traffic increased in the first quarter of 2025 compared with the year-ago period. In the first three months of this year, 5.6 million... more
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Hungary’s Train Europe Buys Petroutilaj-3DRD In Romania
04.22.2025
French-held Chemins de Fer Départementaux (CFD) has sold 76% in Petroutilaj-3DRD, a Romanian company with a long history in the local railway... more
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Garanti BBVA Romania Posts Higher Net Income, Lower Net Profit In 2024
04.22.2025
Garanti BBVA Bank Romania posted RON654 million net income in 2024, an increase of 28.6% on the previous year, as both loans and deposits increased. more
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Competition Council Greenlights Altex’s Acquisition Of Brico Dépôt
04.22.2025
The Competition Council has authorized the deal whereby Altex Romania bought the local operations of DIY retailer Brico Depot from UK’s... more
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Tema Energy: Data Center Market In Romania Is In ‘Gain Momentum’ Phase
04.22.2025
The Romanian data center market is witnessing significant growth, with lots of construction and expansion projects and a lot of interest from... more
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4finance Enters Definitive Agreement for Sale of TBI Bank to Advent
04.22.2025
4finance Holding S.A. has sealed a definitive agreement for the sale of TBI Bank EAD to Advent International, a leading global private equity... more
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New Home 2025 Scheme Becomes Operational
04.22.2025
The New Home 2025 program has become operational, with the RON500 million guarantee ceiling approved by the Finance Ministry being allocated to the... more
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BICO Industries Wants to Build Non-Woven Fiberglass Production Unit in over EUR7.5M Investment
04.22.2025
BICO Industries, a building materials manufacturer controlled by ROCA Industry holding with 60%, has signed a financing contract with the... more
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One United Properties Reports EUR45.1M Residential Sales and Pre-Sales for Q1/2025
04.22.2025
Real estate developer One United Properties reported EUR45.1 million worth of sales and pre-sales in Q1/2025, after the sale and pre-sale of 146... 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.