Iulian Stanciu Sells eMAG Stake to Prosus
yesterday, 11:23
Iulian Stanciu, one of the most powerful local entrepreneurs, has announced the sale of his stake in eMAG group to Prosus, 17 years after taking over the company and 14 years after the signing of the partnership with Naspers (Prosus).
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Pretzel Store Chain LUCA Revenue Rises 30% To Over RON815M In 2025 yesterday, 23:04
Tinervis Group, the operator of the LUCA pretzel store chain, ended 2025 with RON815 million revenue, up more than 30% on 2024, according to... more
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ASF Greenlights Biofarm’s Takeover By Poland’s Polpharma yesterday, 22:39
Romania’s Financial Supervisory Authority (ASF) has officially approved the tender offer through which the Polish group Polpharma intends to... more
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E-Cablaje 2025 Turnover Down 17.7% YoY To RON72.1M yesterday, 22:15
Bistrita-based automotive, farming and transportation electric wiring maker E-Cablaje, held by Italy’s Cable Company SPA and Lobogest SPA, ended... more
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Cold Shower From World Bank: Romania’s Economy To Stagnate In 2026 yesterday, 22:08
Romania’s economy should stagnate in 2026 (0% economic growth) and could grow by 1.7% in 2027, World Bank says in its latest “Global Economic... more
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Ana Maria Andronic Takes The Helm Of TechAngels yesterday, 21:09
The Board of TechAngels, the largest business angels association in Romania, has appointed Ana Maria Andronic as President for a mandate lasting... more
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Alessio Menegazzo Appointed President Of Foreign Investors Council yesterday, 20:04
Alessio Menegazzo, CEO and Country Manager of PPC Romania, has been appointed President of the Foreign Investors Council (FIC) for the 2026–2027... more
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Iulius Dan Plaveti Takes Over As Executive Board Chairman And CEO Of Hidroelectrica yesterday, 19:55
Iulius Dan Plaveti has assumed the mandate of Chairman of the Executive Board of Romania’s largest electricity producer Hidroelectrica, while... more
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Provectus Capital Partners Buys Seatbelt Consulting yesterday, 19:04
Provectus Capital Partners, a regional private equity firm operating in Southeast Europe, announces its first investment in Romania through the... more
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Dristor Kebab Seeks To Raise EUR5M From Investors Via Seedblink yesterday, 17:01
Dristor Kebab, the company that operates the shawarma restaurants under the nearly identical name - Dristor Kebap - plans to get listed on... more
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Electro-Alfa International Completes Acquisition Of SPIACT Craiova And Electro Alfa CM yesterday, 15:44
Romanian electrical equipment manufacturer Electro-Alfa International (stock symbol: EAI), listed on the Bucharest Stock Exchange, said on... more
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Enexus Ends 2025 With EUR50.7M Turnover And EUR15.7M Net Profit yesterday, 15:24
Enexus, a company active in the development, construction and operation of renewable energy projects, ended 2025 with a turnover of EUR50.7... more
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Retailer La Cocos Enters Oradea Market yesterday, 11:55
Romanian retailer La Cocos, which now has German group Schwarz as a shareholder, will on June 17 open a store in Oradea, the eighth of the network. more
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Lion’s Head Taps Bucharest Logistics Market with First Park yesterday, 11:07
Lion’s Head Investments, a tie-up between Bulgarian group AG Capital and South African group Old Mutual Property, is firmly tapping Romania... more
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GlobalLogic Romania 2025 Net Profit Nears RON47M, Up 38.9% from 2024 yesterday, 11:00
GlobalLogic Romania, the local subsidiary of a Silicon Valley company part of Japanese group Hitachi, in 2025 recorded net profit of RON46.8... more
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Mobile Phone Wholesaler Gersim Reports Lower Turnover, Net Profit in 2025 YOY yesterday, 10:53
Gersim Impex, the largest mobile phone wholesaler locally, for 2025 reported 3.8% lower turnover, of RON440.8 million (EUR87.4 million), and net... more
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Dairy Producer Simultan Overshoots RON0.5B Turnover Mark in 2025 yesterday, 10:47
2025 was the best year for Herbai family of Timis county, which owns Simultan, the biggest Romanian-held dairy industry processor. more
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Autoliv Romania Sees Net Profit Rise 13% in 2025 yesterday, 10:41
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Swedish group Autoliv, in 2025 registered turnover of RON6.155... more
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Apemin Zizin 2025 Turnover Tops EUR21M yesterday, 10:35
Natural mineral water producer Apemin Zizin for 2025 reported turnover worth RON106.5 million (EUR21.1 million), up 11.6% from 2024, in line with... more
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Universal Alloy Corp Sees Revenue Up 6% To RON1.6B In 2025 06.10.2026
Universal Alloy Corp, a manufacturer of aluminum aircraft parts and a member of the Montana Group of Austrian entrepreneur Michael Tojner,... more
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Super Mercato Retail Chain Grows To 40 Stores And RON100M Revenue 06.10.2026
The Super Mercato chain, which sells only products imported from Italy, was launched in 2015 and now operates approximately 40 brick-and-mortar... 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.