OMV Petrom 1Q/2025 Sales Up 5% YOY To RON9B. Net Profit Drops 24% To RON1B

yesterday, 10:17
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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Sphera Franchise Group To Pay Out RON42M Worth Of Dividends To Its Shareholders
04.29.2025
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has announced that on... more
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Hidroelectrica Shareholders Greenlight Over RON4B Worth Of Dividends, At 7.4% Yield
04.29.2025
Green energy producer Hidroelectrica (stock symbol: H2O), the largest company listed on the Bucharest Stock Exchange, has announced in a stock... more
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Ebm-papst Plans To Double Number Of Employees In Romania To 1,000 By 2030
04.29.2025
The ebm-papst Romania, the local subsidiary of the global leader in the production of fans and electric motors, aims to double its team to around... more
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EVERGENT Investments Shareholders Approve RON97.7M Dividend Payout
04.29.2025
The shareholders of EVERGENT Investments (stock symbol: EVER) approved several propositions included in the agenda of their ordinary and... more
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Auchan To Open 7,000 Square Meter Hypermarket In Sun Plaza At End Of 2026
04.29.2025
CPI Romania, the owner of the Sun Plaza shopping center, has signed a partnership with Auchan, which will open a 7,000 square meter hypermarket at... more
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ENGIE Acquires 54 MW Wind Project In Constanta County
04.29.2025
ENGIE Romania has acquired a wind project with an installed capacity of 54 MW, located in Mereni, Constanta County. more
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Biofarm To Pay Out RON31M Worth Of Dividends From Its 2024 Net Profit
04.29.2025
Shareholders of pharmaceutical producer Biofarm (BIO.RO) approved at their general meeting on April 28 the distribution of the company's net profit... more
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CBRE Promotes Ramona Hîrnea As Head of Investor Retail Leasing In Romania
04.29.2025
Real estate consulting firm CBRE Romania has promoted Ramona Hîrnea to the position of Head of Investor Retail Leasing for its national... more
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Monsson Develops Energy Storage System For Swedish Market
04.29.2025
Monsson, an international renewable energy solutions group specializing in wind and solar energy, energy storage and green hydrogen, headquartered... more
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Sameday Plans To Add 1,200 Easybox Parcel Lockers By End Of 2025
04.29.2025
Sameday, one of the largest actors on the local parcel delivery market, held by the eMag Group, set out to expand its network in Romania by 1,200... more
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New Fidelis Edition: Romanians Can Buy Government Bonds In May 9-16 Period
04.29.2025
Romania's finance ministry has announced on April 29, 2025 that it will carry out a new issue of Fidelis government bonds for retail investors... more
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Ionut Bonoiu Recruited By termene.ro To Develop Content And Economic Analysis Platform
04.29.2025
Ionuţ Bonoiu, former editor-in-chief at Forbes Romania, has been recruited by termene.ro to launch a content and economic analysis platform. more
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Patria Bank Targets RON267M Revenues in 2025, Up 25%, almost RON53M Net Profit, 51% Higher YOY
04.29.2025
Romanian bank Patria Bank, listed on the regulated market of the Bucharest Stock Exchange, aims to reach RON52.9 million net profit in 2025,... more
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IPP Holding Takes Over Imersia Multichannel Agency
04.29.2025
IPP Holding, a Romanian company operating in the field of retail marketing services founded by Ionut Valeriu Corniciuc, has completed the... more
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Franklin Templeton International Services Appoints Marius Dan at Helm of Local Branch
04.29.2025
Franklin Templeton International Services (FTIS), manager of AFIA and sole director of Fondul Proprietatea, announced Marius Dan will replace Johan... more
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Libra Internet Bank Ends 2024 with over RON270M Net Profit, Down 14.8% YOY
04.29.2025
Libra Internet Bank, part of US investment group New Century Holdings, in 2024 generated net profit of above RON270 million, 14.8% lower than in... more
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Delgaz Grid Invested EUR2M in 2025 in Satu Mare Gas Network Upgrades
04.29.2025
Distribution company Delgaz Grid, part of E.ON group in Romania, in 2024 completed three investment projects totally worth RON10 million (EUR2... more
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Pirelli Tyres Romania 2024 Profit Down 9.9% YOY To RON121.3M
04.29.2025
Tire producer Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, owned by Chinese state-owned China National Chemical, for 2024... more
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Szabolcs Nemes, Roland Berger: Investment Funds Have Btw EUR500M-1B for Romania in Coming Years
04.29.2025
Private equity funds that operate locally will invest between EUR500 million and EUR1 billion in Romania in the coming years, states Szabolcs... more
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Teilor Holding Ends 2024 With RON523 Consolidated Revenue
04.28.2025
Teilor Holding, a group that includes the luxury jewelry chain Teilor and takes its name after the first street its offices were on in Pitesti,... 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.