Coface: Number Of New Insolvencies Down 2% To 4,561 In January-August 2025
yesterday, 13:16
A total of 4,561 new insolvency proceedings were opened in Romania in January-August 2025, 2% fewer than the 4,657 in the same time in 2024, as per the latest survey conducted by Coface Romania.
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Romania Branch of PKO, Poland’s Largest Bank, Grants Loan To Maspex Romania To Finance Acquisition of Purcari Shares 08.01.2025
PKO Bank Polski, Poland’s biggest bank, has funded, via its Romania branch, the acquisition of Purcari Wineries (WINE) shares by Maspex group. more
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PwC Romania and D&B David si Baias Assisted Energobit Founders in Company Sale To Vinci Energies 08.01.2025
An integrated team of transaction specialists of PwC Romania and M&A specialized lawyers of D&B David si Baias assisted the founders of Energobit,... more
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BCR Owner Erste Group Ends H1/2025 with EUR1.66B Net Profit, Up 2.2% YOY 08.01.2025
Austrian group Erste, owner of BCR, ended the first half of 2025 with net profit attributable to owners of the parent company worth EUR1.66... more
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PayU GPO Romania: Online Payments Up 20% in H1/2025, Above Expectations, Pace Set to Endure 08.01.2025
The volume of online transactions rose by 20% in the first half of this year against the year-earlier period, maintaining recent years’ pace, as... more
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Star Residence Invest Seeks To Buy Bucharest Office Building For Aggregate Price Of EUR19M 07.31.2025
Real estate investment trust Star Residence Invest Cluj intends to acquire an office building located on Polona Street in capital city Bucharest,... more
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Hidroelectrica Sets Off Controlled Emptying Process Of Vidraru Reservoir As Part Of EUR188M Dam Refurbishment Project 07.31.2025
Hidroelectrica, Romania’s largest electricity producer, kicks off the first stage of the controlled emptying process of the Vidraru reservoir on... more
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Finance Ministry Raises Nearly RON800M From Banks Via Two Bond Issues On July 31 07.31.2025
Romania's Finance Ministry raised RON800 million from banks on Thursday (July 31), selling government paper in two auctions, at annual average... more
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Statistical Office: Romania Residential Building Permits Up 4.2% YoY In H1/2025 07.31.2025
Romanian authorities issued 17,639 residential building permits in the first half of 2025, 4.2% more than in the same period of 2024, data from the... more
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Statistical Office: Romania Unemployment Rate Unchanged At 5.8% Month-On-Month In June 2025 07.31.2025
Romania’s unemployment rate remained unchanged at 5.8% in June 2025 compared with May 2025, data from the country’s statistical office INS show... more
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Romanian Logistics Company Leases Over 5,200 Sqms Of Storage Space In MLP Bucharest West 07.31.2025
A Romanian logistics company has leased over 5,200 square meters of storage space and 70 sqms of office space in the MLP Bucharest West logistics... more
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China's Trina Storage And Allview Team Up To Develop Battery Energy Storage System In Romania 07.31.2025
Trina Storage, the energy storage division of Chinese company Trina Solar, has signed a strategic partnership with Visual Fan, the owner of the... more
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Austria's PORR To Build Phase 2 Of VIFOR Wind Farm In Romania's Buzau County 07.31.2025
Rezolv Energy has selected Austrian infrastructure group PORR for infrastructure works on Phase 2 of the VIFOR Wind Farm in Buzau County, Romania,... more
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Salad Box Operator Files for Insolvency 07.31.2025
Just a week ago, the firm that operates Noodle Pack restaurants filed for insolvency. With over RON100 million turnover, it was one of the largest... more
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Law Firm Filip & Company Assisted Mozaik Investments in Acquisition of Majority Stake in Genesis College 07.31.2025
Law firm Filip & Company provided legal assistance to investment fund Mozaik Investments in acquiring a majority stake in Genesis College and... more
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Royal FrieslandCampina Sells Napolact Brand and Two Romania Plants to Bonafarm Group 07.31.2025
Dutch company Royal FrieslandCampina has reached an agreement for the sale to Bonafarm Group of its Romania operations, including Napolact brand... more
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BRD-SocGen Ends H1/2025 with RON764M Profit, Up 10.2% YOY 07.31.2025
BRD-SocGen, the fourth largest bank in Romania by assets, in the first half of 2025 generated RON764 million net profit at group level, up 10.2%... more
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OMV Petrom H1/2025 Net Profit Down 21% To RON2.08B YOY 07.31.2025
OMV Petrom net profit dropped by 21% in the first half of 2025 against the same period of 2024, to RON2.08 billion, while sales revenues shrank by... more
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5 to go Enters RON400-500M Croissant Market 07.31.2025
Romanian coffee shop chain 5 to go has entered the market of packaged croissants, listing both in modern retail major networks and in traditional... more
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Germany’s B. Braun Expects over RON880M Turnover in 2025, Up 6-8% YOY 07.31.2025
German-held B. Braun, which has an irrigation solutions plant in Timisoara, but also operates in the wholesale of pharma and medical products or... more
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Germany’s Diehl Group To Build Defence Industry Plant In Romania 07.30.2025
German aerospace and defence supplier Diehl Aviation has partnered with Romanian real estate developer Global Vision to build a new production... 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.