ZF

Law Firm Filip & Company Assisted Banca Transilvania in Largest AT1 Bond Issue in CEE

Tue, 02 Dec 2025 08:30:14 GMT

Law firm Filip & Company legally assisted Banca Transilvania with the launch and execution of its first AT1 bond issue on international capital markets, a deal worth EUR500 million.

Romania Unemployment Rate Edges Down To 5.9% in October 2025

Tue, 02 Dec 2025 08:22:04 GMT

Romania unemployment rate dropped to 5.9% in October, 0.2% below the September level, with the total number of unemployed people being estimated at 487,300, 10,000 fewer than in September, but 23,600 more than in the year-earlier period, in line with the country's statistics office INS.

Tennis World Champion Horia Tecau Launches Sports Education Platform, Becomes Electryphy Shareholder

Tue, 02 Dec 2025 08:06:59 GMT

Horia Tecau is launching Mind.Set.Match platform dedicated to sports education and is entering the shareholding structure of Electryphy, a Romanian sports equipment brand.

Swisspod Hits Total Investment of around $20M

Tue, 02 Dec 2025 07:55:25 GMT

Swisspod Technologies, the Romanian-Swiss startup developing an ultra-high-speed transportation technology, has reached investments totally worth around $20 million, with $13 million coming from funding raised from funds and private investors such as Hurbig Ventures, Silicon Roundabout Ventures and Felix Porsche, and the rest from grants mainly obtained from the Swiss state and the European Innovation Council.

Geiger Transilvania 2024 Net Profit Down 40% YOY To RON22.8M

Tue, 02 Dec 2025 07:47:45 GMT

German-held builder Geiger Transilvania for 2024 reported turnover worth RON277.1 million (EUR55.7 million), down 33.6% from 2023, in line with ZF calculations based on Finance Ministry data.

Window Maker Barrier Wants to Double Turnover to EUR100M

Tue, 02 Dec 2025 07:42:38 GMT

Window manufacturer Barrier ended 2024 with EUR50 million turnover and has the installed capacity to double production, but the lack of predictability and unfair competition in constructions make it cautious with expansion plans.

Ford Otosan Romania Reports over EUR3B Revenues for Jan-Sept 2025

Tue, 02 Dec 2025 07:33:58 GMT

Ford Otosan Romania generated revenues worth TRY148.5 billion (around EUR3 billion) in the first nine months of 2025, accounting for a quarter of the group’s total turnover.

Cris-Tim Posts 3% Rise In Revenue, 30% Rise In Profit In 9M 2025

Fri, 28 Nov 2025 21:31:15 GMT

Cris-Tim Family Holding (CFH.RO), the leader of Romania’s cold cuts and ready meal market, posted RON853.1 million revenue in the first nine months of 2025, an increase of 3% on the year-ago period.

Bittnet Posts 42% Decline In Revenue To RON173M In 9M 2025

Fri, 28 Nov 2025 20:38:14 GMT

Bittnet Group ended the first nine months of 2025 with significantly poorer financial results compared with the same time last year, due to postponement and delays of digital infrastructure projects and a difficult market for the IT industry.

Electrica Net Profit Nearly Triples YoY To RON840M In January-September 2025

Fri, 28 Nov 2025 18:05:18 GMT

Electrica, a leading player on Romania electricity wholesale and supply, ended the first nine months of 2025 with net profit of RON839.8 million at consolidated level, higher by RON537.4 million than the RON302.4 million level reported in the same period of 2024, amid a strong comeback of the supply segment, higher revenues and enhanced investments.

Transport Trade Services Returns To Profit In Q3/2025

Fri, 28 Nov 2025 17:19:26 GMT

Danube freight forwarder Transport Trade Services (stock symbol: TTS) switched to profit in the third quarter of 2025, almost fully recovering the losses recorded in the first six months of 2025 amid significant cost cuts and slightly higher revenues.

Statistical Office: Romania Residential Building Permits Up 4.1% YoY In January-October 2025

Fri, 28 Nov 2025 16:16:41 GMT

Romanian authorities issued 31,678 residential building permits in January-October 2025, 4.1% more than in the same period of 2024, per data from the country’s statistical office INS.

Clifford Chance Badea Advises Nofar Energy In Signing Of Three O&M Contracts With EnergoBit For Three Solar Parks

Fri, 28 Nov 2025 14:27:39 GMT

Clifford Chance Badea, the local office of global law firm Clifford Chance, has advised Nofar Energy in the signing of three Operation & Management (O&M) contracts with EnergoBit for three photovoltaic parks with a total capacity exceeding 360 MW.

Deloitte: Cost Of Living, Political Instability, Corruption, Top Three Concerns For Romanian Youths In 2025

Fri, 28 Nov 2025 12:44:00 GMT

Political instability and corruption entered the top three concerns for young people in Romania in 2025 (36%, respectively 22% of Millennials and 23%, respectively 25% of Generation Zs are concerned about these issues), according to Deloitte Global Gen Z and Millennial Survey 2025, conducted in 44 countries, including Romania.

Carrefour Continues Expansion in Romania, Opens Five Proximity Stores in November

Fri, 28 Nov 2025 09:15:46 GMT

Carrefour Romania is further expanding its nationwide network and opening five proximity stores in November, in Bragadiru, Iasi, Buzau, Volovat and Bacau.

BCR Lists RON1.12B Worth of Bonds on Bucharest Stock Exchange

Fri, 28 Nov 2025 09:01:42 GMT

Banca Comerciala Romana (BCR), the second largest lending institution in Romania after Banca Transilvania, is listing today a new bond issue on the Bucharest Stock Exchange, worth RON1.12 billion.

Romania Energy and Finance Ministries Set to Coordinate EUR4-5B Black Sea AI Gigafactory Project

Fri, 28 Nov 2025 08:21:08 GMT

Romania government has approved a memorandum mandating the Energy Ministry and the Finance Ministry to coordinate the process of readying and implementing the Black Sea AI Gigafactory project, set to cost EUR4-5 billion.

Road Freight Carrier Criboser Set to Buy 30 New Trucks, Invest in Warehouse in 2026

Fri, 28 Nov 2025 07:52:27 GMT

Oradea-based Criboser, one of the most dynamic road freight carriers by turnover, has bought 30 new trucks and next year will invest in a similar number to renew its car fleet.

Lidl Set to Open 200 New Stores in Romania by 2030

Fri, 28 Nov 2025 07:44:35 GMT

Alberto Chueca, Lidl Romania CEO, has announced the discounter will continue to expand locally, with the Romanian market playing a strategic role within the German group.

Romcarbon Takes Out EUR8.5M Loans From Banca Transilvania To Expand Recycling Capacity

Fri, 28 Nov 2025 05:00:00 GMT

Romcarbon (ROCE.RO), a maker of packaging from plastic and recycled materials, took out three new loan facilities form Banca Transilvania to fund the ‘Establishment of a Plastic Waste Recycling and Recovery Unit”, co-financed from non-repayable funds, it said in a report to investors.