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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Rompetrol Rafinare Restarts Petrochemical Unit at Petromidia Refinery
04.25.2025
Rompetrol Rafinare has announced it will restart the Low Density Polyethylene (LDPE) unit at the beginning of May amid rising demand for... more
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McDonald’s Steps Up Expansion in Romania
04.25.2025
Fast-food restaurant chain McDonald’s, present locally in a franchise system, is accelerating expansion in Romania, aiming to open nine units in... more
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Denmark’s Hartmann Wants to Buy Dentas Romania
04.25.2025
Danish group Hartmann Packaging, a producer of moulded fibre egg packaging, wants to buy Dentas Romania, a subsidiary of Turkish group Dentas... more
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Paval Holding Buys Ethos House Office Building
04.25.2025
Paval Holding has officially confirmed the sealing of the acquisition of Ethos House of Floreasca, a building sold by Greek businessman Gkotsis... more
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Underline Ventures Reaches 17 Investments, Seeks New Projects
04.25.2025
Local investment fund Underline Ventures, launched in 2002 with a $20 million size, has reached a portfolio of 17 tech startups both in Romania and... more
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BRD Shareholders Approve Distribution Of RON737M Dividends From 2024 Profit
04.24.2025
The shareholders of BRD-SocGen, such as France’s Societe Generale, which owns 60%, pension funds, which own 17% and others, on Thursday approved... more
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OMV Petrom Shareholders Approve RON2.8B Dividends, Teodora Preoteasa For Supervisory Board Member
04.24.2025
The shareholders of oil company OMV Petrom (SNP.RO) on Thursday approved the distribution of RON2.8 billion in dividends from the 2024 net profit... more
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Hidroelectrica Signs RON80M Contract To Install Li-Ion Battery Storage System In Crucea Nord Wind Farm
04.24.2025
Hidroelectrica (H2O.RO), the largest company listed on the Bucharest Stock Exchange, announced the signing of the contract with Prime Batteries... more
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Tchibo Brands Romania Relocates To Business Garden Bucharest
04.24.2025
Vastint Romania, part of the VASTINT Group, an international business with more than 35 years of experience in real estate, has signed a new lease... more
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Posta Romana Leases 5,000 Sqm In CTPark Bucharest
04.24.2025
CTP, the largest listed developer, owner and manager of industrial and logistics space by gross lettable area (GLA) in Europe, has signed a new... more
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Number Of Revolut Retail Customers Up 28% To 4.3M In Romania In 2024
04.24.2025
The number of Revolut retail customers in Romania increased by 28% to 4.3 million in 2024, Revolut said in a statement. more
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Romania’s Real Estate Market Starts 2025 With Almost EUR170M Investments
04.24.2025
Romania’s real estate market had a good start of the year, with a total investment of EUR169 million in the first quarter, real estate consultant... more
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Investors Announce 1,000 New Hotel Rooms in Bucharest in Next Two Years
04.24.2025
Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and... more
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Law Firm Schoenherr Assisted Eurobank in Sale of IMO Property Investments Bucharest to APS Group
04.24.2025
Law firm Schoenherr has assisted Greek group Eurobank in completing the deal with APS Group for the sale of IMO Property Investments Bucharest. more
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China’s Tineco Aims to Become Leader of Romania Smart Vertical Vacuum Cleaner Market in Next 3 Years
04.24.2025
Tineco, the Chinese brand mainly known for its smart cleaning devices, wants to become the leader of Romania’s vertical wet vacuum cleaner... more
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Delgaz Grid Invests EUR4.3M in Maramures Gas Network Upgrades
04.24.2025
Distribution company Delgaz Grid, part of E.ON Romania group, has for 2025 budgeted investments of over RON21 million (EUR4.3 million) to modernize... more
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Dutch Group Envipco Opens Engineering Center in Liberty Technology Park of Cluj-Napoca
04.24.2025
Dutch company Envipco, a producer of equipment for the selective collection of beverage packaging, has opened an engineering center in Liberty... more
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Transavia Sees 2024 Profit Rise 33% To RON277M YOY
04.24.2025
Transavia, a major poultry manufacturer locally, ended 2024 with RON1.115 billion turnover, up over 10% from 2023. The company’s net profit hit... more
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Constructii Erbasu Aims to Build Hotels in Eight Cities of Romania
04.24.2025
Constructii Erbasu group, controlled by Erbasu family, plans to develop hotels in eight cities of Romania, including Bucharest, Oradea and... more
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Romania Hotels Boast Region’s Highest Occupancy Rate
04.24.2025
While Romania’s infrastructure is less developed compared with other countries’ and the country has fewer tourists, the hotel business here... 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.