ZF

Statistical Office: Romania's Industrial Production Down 5.3% YoY In January-April 2025

Fri, 13 Jun 2025 14:05:00 GMT

Romania's industrial production decreased by 5.3% in January-April 2025 in unadjusted data compared to the same period of 2024 and was down 2.6% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Friday (June 13).

Statistical Office: Romania Unemployment Rate At 6.2% In Q1/2025, Higher By 0.3 PPTs vs Q4/2024

Fri, 13 Jun 2025 13:15:56 GMT

Romania’s unemployment rate stood at 6.2% in the first quarter of 2025, higher by 0.3 percentage points than the level recorded in the fourth quarter of 2024, data from the country’s statistical office INS show on Friday (June 13, 2025).

Central Bank: Romania's Current Account Deficit Skyrockets To EUR10B YoY In January-April 2025

Fri, 13 Jun 2025 11:19:00 GMT

Romania's current account deficit surged to EUR10.1 billion in January-April 2025, compared to the EUR6.28 billion level reported in the same period of 2024, central bank data showed on Friday (June 13, 2025).

Statistical Office: Romania Average Net Salary Up 8.2% YoY In April 2025

Fri, 13 Jun 2025 10:32:55 GMT

The average net salary in Romania stood at RON5,647 (EUR1,121) in April 2025, higher by 8.2% in nominal terms compared to April 2024 and by 3.2% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Friday (June 13, 2025).

Datanet Systems 2024 Turnover Up 23% To over EUR51M

Fri, 13 Jun 2025 08:09:32 GMT

Datanet Systems, an integrator of complex IT&C solutions and systems and a member of regional group Soitron, ended 2024 with turnover worth above EUR51.6 million, up 23% from 2023.

Law Firm Filip & Company Assisted NextUp Solutions in Sale to Poland’s Symfonia

Fri, 13 Jun 2025 07:02:31 GMT

Law firm Filip & Company legally assisted Roxana Epure and Pierre-Yves Morlet, the associates of NextUp Solutions, a provider of cloud-based ERP and salary solutions, in its sale to Symfonia, one of CEE’s leading providers of business software solutions.

Ovidiu Ghiman Takes Over as CEO of Metaminds

Fri, 13 Jun 2025 06:55:24 GMT

Metaminds, a Romanian integrator of IT&C solutions and cybersecurity solutions provider, has appointed Ovidiu Ghiman as CEO.

InterContinental Athenee Palace Bucharest Opens New JORJ Restaurant in Wake of EUR3.2M Investment

Fri, 13 Jun 2025 06:47:35 GMT

InterContinental Athenee Palace Bucharest has opened the new JORJ restaurant, replacing former Roberto’s restaurant, in the wake of a renovation and refitting process worth EUR3.2 million.

Autonom Group Founders Buy Minority Stake In Eyewear Retailer Lensa

Fri, 13 Jun 2025 03:00:00 GMT

Brothers Dan and Marius Stefan, the founders of the Autonom Group, the largest independent actor in the operational leasing and rent-a-car business in Romania, bought a minority stake in eyewear retailer Lensa, ZF has found.

Pharmaceutical And Food Supplement Producer Alfasigma Plans To Grow In Romania

Fri, 13 Jun 2025 03:00:00 GMT

Alfasigma, an Italian-held pharmaceutical company, with over 17 years of presence in Romania, wants to develop on this market and grow in terms of results, employees, and product portfolio.

Minifarm Overshoots RON500M Revenue Mark In 2024

Fri, 13 Jun 2025 03:00:00 GMT

Minifarm, one of the strongest brands in regional pharmaceutical retail in Romania, with a network of 130 pharmacies in several counties—Tulcea, Constanta, and Bucharest, overshot the RON500 million revenue mark in 2024, after a 33% increase year-on-year.

CFR Calatori Posts 24% Growth In Revenue To RON3.4B In 2024

Thu, 12 Jun 2025 20:53:37 GMT

CFR Calatori, a government-subsidized company and the largest railroad passenger transport operator in Romania, ended last year with RON3.4 billion revenue, up 24%, and posted net profit after recording huge total losses of RON1.3 billion between 2017 and 2023.

De’Longhi Romania Close To RON3B Revenue In 2024

Thu, 12 Jun 2025 20:38:11 GMT

Home appliance manufacturer De’Longhi Romania, the largest exporter in Cluj County, posted RON2.980 billion (EUR599 million) revenue in 2024, up approximately 22% from the previous year’s RON2.443 billion (almost EUR494 million).

Poland’s R.Power Announces Largest Energy Project In Romania

Thu, 12 Jun 2025 19:39:27 GMT

Poland’s R.Power, one of the most dynamic investors in Romania's new green wave, is launching a 127 MW storage project in Scornicesti (Olt), which can deliver 254 MWh of power.

ENGIE Romania Has Invested About EUR1.2B In Upgrading And Expanding Network in Romania Since 2005

Thu, 12 Jun 2025 18:32:42 GMT

ENGIE Romania has made about EUR1.26 billion investments in Romania in its 20 years in business in the country, which went towards upgrading and expanding the grid, which now stands at 24,000 kilometers, double as many as in 2005, Engie said in a press release.

Inter Cars Romania 2024 Turnover Up 7.7% YoY To Over RON1.9B

Thu, 12 Jun 2025 18:31:43 GMT

Automotive parts and accessories wholesaler Inter Cars Romania, part of Polish group Inter Cars, for 2024 reported a turnover worth RON1.936 billion (nearly EUR389.2 million), up 7.7% from RON1.797 billion (EUR363.4 million) reported in 2023, in line with ZF calculations based on Finance Ministry data.

THR Marea Neagra Sells Capitol Hotel Complex In Eforie Sud For EUR1.5M

Thu, 12 Jun 2025 18:11:48 GMT

Turism, Hoteluri, Restaurante (THR) Marea Neagra (EFO.RO), held by Transilvania Investments Alliance, on June 12 notified the Bucharest Stock Exchange it had sold the Capitol hotel complex for EUR1.5 million.

Fitch Ratings: Reducing Record Deficits, Stabilizing Public Debt Remain Essential For Assessing Romania’s Rating

Thu, 12 Jun 2025 17:04:56 GMT

International rating agency Fitch Ratings says that reducing record deficits and stabilizing public debt remain essential for assessing Romania’s sovereign rating after the presidential election held in May 2025.

Poland's Froo Reaches 100 Franchised Stores In Romania 1 Year From Entering The Local Market

Thu, 12 Jun 2025 16:49:00 GMT

Convenience store chain Froo, developed by Poland’s Żabka Group, opened its 100th store in Romania, in just one year since entering the local market.

Statistical Data: 10,962 Housing Units Delivered In Romania YoY In Q1/2025

Thu, 12 Jun 2025 14:27:36 GMT

A total of 10,962 dwellings were put into use in Romania in the first quarter of 2025, fewer by 398 units than in the same period of 2024, data from the country’s statistical office INS showed on Thursday (June 12), citing provisional data.