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

today, 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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JT Grup Oil's 2024 Net Profit Surges 79% YoY To RON10.3M
today, 20:17
Fuel wholesaler JT Grup Oil, listed at the Bucharest Stock Exchange, ended 2024 with a turnover of RON229 million, up 2.4% year-over-year, backed... more
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Corden BioChem Buys Decommissioned Clariant Bioethanol Plant In Romania
today, 19:23
Corden BioChem, a German industrial biotechnology company, announces a strategic investment in Romania, by buying the decommissioned Clariant... more
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Forvis Mazars: 8 In 10 Company Execs In Romania Plan To Expand Their Businesses Abroad In Next Five Years
today, 17:13
Forvis Mazars Group, the international audit, tax and advisory services partnership, recently revealed the results of its latest C-suite barometer. more
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Businessman Ionut Negoita Sells Apartments From HILS Residential Projects To Meta Estate Trust For EUR4M
today, 15:36
Meta Estate Trust, a holding company operating in the real estate sector, announces investments of nearly 4 million euros in four residential... more
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Etiq AI Raises EUR900,000 In Seed Funding Led By GapMinder VC
today, 14:42
Etiq AI, the female-founded AI-startup based in London, UK, has announced it has raised EUR900,000 in seed funding led by GapMinder VC, following... more
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Deloitte: 66% Of Companies See Lack Of Experience Of New Employees As Main Cause Of Failure
today, 14:14
Two-thirds (66 percent) of company representatives say that recently hired employees were not fully prepared for the roles they fill, and lack of... more
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Statistical Office: Romania Housing Permits Up 2.8% YoY In Q1/2025
today, 13:58
Romanian authorities issued 7,630 residential building permits in the first quarter of 2025, 2.8% more than in the same period of 2024, data from... more
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Dentons Promotes Four Lawyers In Bucharest To Counsel
today, 12:33
Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza... more
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Law Firm Filip & Company Assisted BT Pensii in Takeover of BRD Medio
today, 11:22
Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is... more
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BCR Group 1Q/2025 Net Profit Rises 19.8% YOY To RON742M
today, 11:15
BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved... more
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Purcari Wants to Distribute Dividends with 4.2% Yield
today, 10:59
Winemaker Purcari wants to distribute to investors a dividend of RON0.65/share. more
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BRD Ends 1Q/2025 with RON350M Net Profit, Up 7% YOY
today, 10:28
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier... more
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Polipol 2024 Turnover Down 10.7% To RON158.7M
today, 09:53
Upholstered furniture maker Polipol, owned by the German group of the same name, for 2024 reported turnover worth RON158.7 million (EUR31.9... more
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Aquila Shareholders Approve Distribution Of RON60M Dividends
today, 06:00
Aquila Part Prod (AQ.RO), an integrated distribution and logistics services company for the consumer goods market in Romania and the Republic of... more
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Tub Integral Sees Profit Shrink 10.6% To RON6.9M In 2024
today, 06:00
Electrical materials and lighting fixtures distributor Tub Integral, held by the Tarmure family from Bistrita, posted RON73.3 million (EUR14.7... more
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Romgaz To Distribute RON604M Dividends
yesterday, 23:52
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has received the approval of its shareholders for the distribution... more
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Premier Energy Plans To Distribute RON75M Dividends
yesterday, 23:39
Premier Energy (PE.RO), one of the largest suppliers of natural gas in Romania, which also has renewable energy operations, intends to distribute... more
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Sphera Franchise Group To Pay Out RON42M Worth Of Dividends To Its Shareholders
yesterday, 23:28
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
yesterday, 22:41
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
yesterday, 22:38
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

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.