ZF

Frigoglass Romania Revenue Down 10.5% To RON541.2M In 2024

Tue, 16 Sep 2025 20:06:00 GMT

Frigoglass Romania, a producer of plastics and refrigerated display cabinets, part of the Greece’s Frigoglass Group, posted RON541.2 million (EUR108.8 million) revenue in 2024, down 10.5% from the previous year’s around RON605 million (EUR122.3 million), according to ZF calculations based on Finance Ministry data.

OMV Petrom Proposes New Special Dividend, Fourth In A Row

Tue, 16 Sep 2025 19:16:19 GMT

OMV Petrom (SNP.RO), the second largest company listed on the Bucharest Stock Exchange, on Tuesday, September 16, said its Executive Board proposed the distribution of a special dividend of RON0.0200/share or about RON1.246 billion in all.

Digi About Listing Of Spanish Arm: Company Is Evaluating Operations To Improve Capital Structure, Won’t Give Up Control

Tue, 16 Sep 2025 18:41:43 GMT

Telecommunications operator Digi Communications on Tuesday said in a report to the Bucharest Stock Exchange that it was exploring options to expand operations and improve financing, including its Spanish subsidiary, but was not considering relinquishing control over it.

DRUID AI Announces $21M Series C Funding Round, New CEO

Tue, 16 Sep 2025 18:01:40 GMT

DRUID AI, one of Romania's most promising tech startups, has announced a $31 million Series C funding round to accelerate the global expansion of its Agentic AI enterprise platform under the leadership of Joseph Kim, its new CEO.

REDPORT Appoints Adrian Arendt As Chief Design Officer

Tue, 16 Sep 2025 17:30:16 GMT

REDPORT is strengthening its top management team by appointing architect Adrian Arendt to the position of Chief Design Officer (CDO).

Kaufland Romania Simplifies Procurement Process For Listing Local Producers

Tue, 16 Sep 2025 14:57:19 GMT

German retailer Kaufland, present in Romania with over 190 stores, is simplifying its procurement process intended exclusively for local and regional producers, making it easier for them to bring their products onto the retailer’s shelves.

Infinity Capital Investments And Gravity Capital Investments Acquire 26% Stake In PAID

Tue, 16 Sep 2025 11:55:10 GMT

Companies Infinity Capital Investments and Gravity Capital Investments have become shareholders in Romania’s Natural Disaster Insurance Pool (PAID Romania) by jointly acquiring 26% of the share capital.

Clifford Chance Badea Appoints Flavia Petcu-Ciurel As Senior Associate

Tue, 16 Sep 2025 10:35:48 GMT

Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited Flavia Petcu-Ciurel for the role of Senior Associate within its Corporate M&A and Real Estate practice.

Ford Otosan Beats Dacia Two Months in Row by Number of Manufactured Cars

Tue, 16 Sep 2025 08:46:40 GMT

Romania car production registered a major surprise this summer: for the second month in a row, Ford Otosan plant of Craiova overshot Dacia plant of Mioveni by the number of manufactured cars.

Romania Energy Minister Bogdan Ivan Announces Termination of Contract with Duro Felguera for Iernut Power Plant

Tue, 16 Sep 2025 08:10:55 GMT

Romania Energy Minister Bogdan Ivan on Tuesday announced he terminated the contract with Duro Felguera, the builder of Iernut power plant, a unit that is over 90% completed, but has been blocked for several years because of the Spanish company’s insolvency and legal challenges.

Froo Network Opens New Store in Bucharest, Reaches over 120 Units in 3 Cities of Romania

Tue, 16 Sep 2025 08:01:58 GMT

Froo Romania Retail, a company part of Polish group Zabka, has opened a new Froo store in office building America House of Bucharest, with the network now having over 120 units in 3 cities.

OPPO Romania Targets 15% Growth by Volume, 20% by Value at End-2025

Tue, 16 Sep 2025 06:37:55 GMT

Chinese smartphone manufacturer OPPO aims to strengthen its foothold on the Romanian market in 2025, targeting a 15% increase in the number of sold units and a 20% advance by value, against the previous year.

The Bucharest Stock Exchange Set to Participate in Opening of New Bourse in Chisinau

Tue, 16 Sep 2025 06:24:32 GMT

Bucharest Stock Exchange representatives, high-ranking officials of the Republic of Moldova and heads of banks and companies of the Republic of Moldova yesterday signed a memorandum via which a new stock exchange will be opened in the capital of the Republic of Moldova. The stock exchange will become operational in the next six months-one year.

Sofiaman Network Reaches 20 Units, Continues Expansion

Tue, 16 Sep 2025 06:15:09 GMT

Store network Sofiaman, a brand specializing in the production and sale of pajamas, has reached 20 units and is set to open another two units by yearend.

Fujikura Automotive Romania Sees Revenue And Net Profit Down In 2024

Mon, 15 Sep 2025 19:30:13 GMT

Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of Japan's Fujikura Group, posted about RON100 million (EUR20.1 million) revenue in 2024, down 3.3% from 2023’s RON103.5 million (EUR20.9 million), according to ZF calculations based on Finance Ministry data.

Helbako Electronica Posts 60% Growth In Net Profit To RON17.8M In 2024

Mon, 15 Sep 2025 19:05:35 GMT

Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON224.3 million (EUR45.1 million) revenue in 2024, close to the previous year’s RON223.6 million (EUR45.2 million), Finance Ministry data show.

Evergent Investments Ends H1, 2025 With Record Level Of Assets, RON3.7B

Mon, 15 Sep 2025 18:44:03 GMT

Evergent Investments Group (EVER.RO) reached a record level of RON3.72 billion in assets under management as of June 30, 2025, up 7% compared with December 31, 2024.

11% In Compa Sibiu Change Hands For RON12.5M

Mon, 15 Sep 2025 18:22:17 GMT

A special transaction on Monday brought the shares of automotive parts manufacturer Compa Sibiu (CMP.RO) to the forefront, as a 25 million-share stake, or 11% in the company, changed hands for RON12.5 million, according to Bucharest Stock Exchange data aggregated by Ziarul Financiar.

GoCab Software Decides To Start Insolvency Proceedings

Mon, 15 Sep 2025 16:31:20 GMT

GoCab Software (CAB.RO), the operator of the GoCab taxi ordering service platform GoCab, has decided to start insolvency proceedings for judicial reorganization due to financial difficulties and the inability to meet its current obligations with available resources, it said in a report to the Bucharest Stock Exchange.

Erste: Romania And Poland Facing Highest Fiscal Deficits In Region In 2025, 8% And 7% Of GDP

Mon, 15 Sep 2025 14:49:08 GMT

Romania and Poland are facing the highest fiscal deficits in the region in 2025, 7% to 8% of GDP, which are estimated to go down in 2026, when Poland’s deficit could be higher than Romania’s, Austria’s Erste group says in a report.