ZF

Pinum Sees 20% Turnover Growth in Jan-July 2025

Thu, 23 Oct 2025 07:58:50 GMT

Pinum Doors&Windows, a leading door and window manufacturer in Romania, in the first seven months of 2025 registered an over 20% revenue increase, supported both by housing segment and franchise system sales.

UniCredit Bank Rakes in EUR705M Revenues in Romania in Jan-Sept 2025, Up 38% YOY

Thu, 23 Oct 2025 06:10:12 GMT

UniCredit Bank generated EUR705 million revenues in Romania in the first nine months of 2025, up 38% from the year-earlier period, while net profit reached EUR232 million.

Vitall 2024 Turnover Tops EUR130M

Thu, 23 Oct 2025 06:03:12 GMT

Vitall, a company based in Dolj County and engrossed in natural fodder manufacturing and poultry farming, for 2024 reported turnover worth RON648.4 million (EUR130.3 million), up 12% from 2023, in line with ZF calculations based on Finance Ministry data.

Zoppas Industries Romania Loss Widens To RON23.5M In 2024

Wed, 22 Oct 2025 20:41:44 GMT

Zoppas Industries Romania, the local subsidiary of Italy’s Zoppas Group, which operates a factory in Romania in Sannicolau Mare, Timis County, last year posted RON959.9 million (about EUR193 million) revenue, down 2% from the previous year’s RON979.5 million (EUR198 million), according to ZF calculations based on Finance Ministry data.

South Korea’s Hanwha Aerospace To Start Building Arms Factory In Petresti, Dambovita In Q1, 2026

Wed, 22 Oct 2025 19:37:35 GMT

South-Korea’s Hanwha Aerospace will start construction of arms factory in Petresti, Dambovita County, in the first quarter of 2026, Economy Minister Radu Miruta announced on Wednesday, while on a trip to Seoul.

Agricover Group On List Of Investors Looking At Buying Patria Bank

Wed, 22 Oct 2025 19:36:25 GMT

The Agricover Group, of Jabbar Kanani, is looking at Patria Bank, a lender put up for sale by its shareholder, EEAF Financial Services BV, banking sources said.

YOXO Partners Up With Recommerce To Launch Digital Store For Refurbished Devices

Wed, 22 Oct 2025 17:56:00 GMT

YOXO has launched reconditionate.yoxo.ro, an online store dedicated to refurbished phones and gadgets, developed in partnership with Recommerce, a European expert in the field.

RTPR Advises Repono AB On Acquisition Of BESS Project In Romania's Arges County

Wed, 22 Oct 2025 14:23:52 GMT

Law firm RTPR has assisted Swedish company Repono AB in relation to the acquisition of a battery energy storage system (BESS) project, with a capacity of 202 MW/404 MWh.

REDPORT Appoints Sorin Ioan Blaga As Chief Commercial Officer

Wed, 22 Oct 2025 12:04:27 GMT

REDPORT is strengthening its top management team by appointing Sorin Ioan Blaga as Chief Commercial Officer (CCO).

Deloitte: Most EU Financial Institutions Are In Early Preparation Stage To Comply With New AML/ CFT Legislation Requirements

Wed, 22 Oct 2025 11:07:55 GMT

Most of the financial institutions in the EU are in early preparation stage to comply with the new anti-money laundering (AML) and countering financing of terrorism (CFT) legislation requirements and will need significant investments in technology, personnel and training to align to the new European framework until the July 2027 deadline, according to the Deloitte report Navigating the EU AML/CFT Landscape, conducted in 20 countries, including Romania.

Transelectrica To Set Off Two Key Investment Projects For Romania's Electricity Transmission Infrastructure

Wed, 22 Oct 2025 10:17:41 GMT

Romania’s national grid company Transelectrica (stock symbol: TEL) will be kicking off two major investment projects for the development of the national electricity transmission infrastructure.

C&W Echinox: Demand For Industrial And Logistics Spaces In Europe, Including Romania, Set To Grow Significantly In Coming Years

Wed, 22 Oct 2025 09:25:36 GMT

Demand for industrial and logistics spaces in Europe, including Romania, is set to increase significantly in the coming years, driven by strategic investments in defence, green energy, critical materials for the technology sector, as well as life sciences, according to the report ”Opportunities for Industrial Real Estate in Europe – Strategic Sector Signals”, released by Cushman & Wakefield.

One United Properties Posts EUR137M Sales and Pre-Sales in Jan-Sept 2025

Wed, 22 Oct 2025 07:43:22 GMT

Real estate developer One United Properties registered sales and pre-sales worth EUR137 million in the first nine months of 2025, related to a total area of 42,634 square meters of residential and commercial spaces.

IULIUS Group Steps Up National Expansion with EUR1.3B Investments in Four Major Urban Regeneration Projects

Wed, 22 Oct 2025 06:31:43 GMT

IULIUS group, a leading mixed-use project developer in Romania, is cementing its nationwide footprint via four major investments set to add over 230,000 square meters of commercial spaces in its portfolio, according to Oana Diaconescu, head of leasing IULIUS.

Amethyst Romania Completes Over EUR10M Investment In Cancer Treatment Center In Satu Mare

Tue, 21 Oct 2025 20:41:07 GMT

Amethyst Romania, the network of centers specializing in radiotherapy created by entrepreneur Ludovic Robert, one of the founders of the A&D Pharma group, and acquired by London-based investment firm Fremman Capital, has completed an investment of over EUR10 million in a center dedicated to oncology treatments in Satu Mare.

Pepco Set To Open And Relocate At Least 30 Stores In 2026

Tue, 21 Oct 2025 20:12:14 GMT

Fashion discounter Pepco has budgeted the opening and relocation of at least 30 stores in 2026, continuing expansion at the same pace as lately. In 2024, it inaugurated 29 stores, relocated three and expanded two.

Romania's Competition Watchdog Slaps Four Companies With RON2.31M Fines For Bid Rigging

Tue, 21 Oct 2025 16:14:00 GMT

Romania's Competition Council fined the companies Tredeco Holding SRL, Trecon Logistic SRL, Data Capture SRL and Geo Drumuri Banat SRL a total of RON2.31 million (nearly EUR466.000) for rigging public tenders organized by Romania's national road infrastructure administration company CNAIR through DRDP Brasov, DRDP Bucharest, DRDP Constanta and DRDP Timisoara.

New Crowdlending Platform: Venevo Sets Off Entrepreneurial Project Selection For 2026 Launch

Tue, 21 Oct 2025 15:23:56 GMT

Venevo, the Romanian loan-based crowdfunding platform, announces the launch of its project selection process for entrepreneurial ventures that will be listed at the platform’s official debut, scheduled for spring 2026.

Eurostat: Romania Sees Highest Government Debt To GDP Ratio In The EU, Of 8.7%, In Q2/2025

Tue, 21 Oct 2025 15:09:54 GMT

Romania recorded the largest general government deficit to GDP ratio, of 8.7%, in the European Union, in the second quarter of 2025, per the latest seasonally adjusted data released by the European statistical office Eurostat.

Berarii Romaniei: Brewers Number Rises Sevenfold in Romania in Past Two Decades, To 85. Investments Overshot EUR2B

Tue, 21 Oct 2025 08:54:17 GMT

The number of brewers in Romania has grown sevenfold in the past two decades, from 11 in 2005 to 85 at present, in line with data provided by the industry association Berarii Romaniei, which in 2025 marks 20 years of activity.