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ONRC: 12.35pct less insolvent companies four months into 2025
Wednesday, May 21, 2025
The number of companies and authorised natural persons (PFA) that entered insolvency in the first four months of 2025 was 2,214, a decrease of 12.35% compared to the same period in 2024, when 2,526 insolvencies were recorded, according to data published on the website of the National Trade Register Office (ONRC).The highest number of insolvent companies and PFAs was recorded in Bucharest - 478, a decrease of 2.45% compared to the first four ...
Proprietatea Fund posts 2.4 M lei loss in Q1
Wednesday, May 21, 2025
Fondul Proprietatea recorded, in the first quarter of the year, a net loss of 2.4 million lei, down from the 5.8 million lei posted in the same period in 2024, according to a company report submitted to the Bucharest Stock Exchange on Thursday.The fund reached a net operating income of 6.4 million lei, in the first quarter of this year, compared to 0.9 million lei in the same period last year.It also had operating expenses of 8.6 ...
MedLife reports net profit down 19.4%, to 10.5 million RON, in first quarter
Wednesday, May 21, 2025
MedLife obtained a net profit of 10.56 million RON in the first quarter of this year, down 19.42% compared to the net result achieved in the first quarter of 2024, according to a company report submitted to the Bucharest Stock Exchange.The pro-forma consolidated turnover reached 779 million RON, up 20% compared to the same period of the previous year. The group also reported an increase in EBITDA, compared to the first three months of last year, ...
Paralela45 Announces Merger with Poland’s Rainbow Tours
Wednesday, May 21, 2025
Paralela45, a leading Romanian travel agency, has announced its merger with Rainbow Tours Poland, one of the largest travel companies in Poland. The strategic move is set to strengthen market presence in the coming years by leveraging foreign capital and industry know-how. A preliminary agreement was signed on May 15, with final documents expected to be completed ...
Dental Holding expands further with three new acquisitions in Croatia and Hungary
Wednesday, May 21, 2025
Dental Holding has signed agreements to acquire Croatia-based Sanitaria Dental d.o.o. and SCL Logistika d.o.o. and Hungary-based Sanitaria Kft. reaching a total of 6 acquisitions in the sector. The objective is to further expand the largest and most digitally advanced dental distribution platform in CEE, consolidating the regional market. Following the acquisitions, the group will have presence in 5 countries and expects revenues in excess of EUR 110m this ...
Auchan continues the expansion of the Simply network, reaching 30 franchise stores
Wednesday, May 21, 2025
Auchan Romania has recently opened its 30th Simply by Auchan franchise store, further advancing its development in the proximity retail segment. The network is now present in 12 counties, covering both urban and rural areas, and actively contributing to the support of Romanian entrepreneurship. Through this program, launched in June 2024, the retailer offers franchisees a comprehensive package of products, services, and support, facilitating the growth of ...
Drug producer Antibiotice posts 32.6 M lei in net profit in Q1
Wednesday, May 21, 2025
Romanian state-owned pharmaceutical manufacturer Antibiotice posted 32.6 million lei in net profit, in the first quarter of this year, down 13% compared to the same period last year, according to a company report sent to the Bucharest Stock Exchange on last Wednesday."The responsible and rigorous conduct of activities in the first 3 months of 2025, while constantly monitoring the impact The Future Together business plan had on our ...
TeraPlast group posts consolidated net profit worth 1.2 million lei in Q1
Wednesday, May 14, 2025
TeraPlast Group recorded a consolidated net profit of 1.2 million lei in the first quarter of this year, against a loss of 2.5 million lei in the same period in 2024, according to a press release sent on Tuesday.According to the same source, the group's turnover was 249.2 million lei in the first quarter, up 41% compared to 176.8 million lei in the same period in 2024.At the same time, EBITDA increased by 76%, reaching 21 million lei in the first quarter, from ...
As many as 28 Romanian companies to participate in Transport Logistic 2025 Munich, June 2-5
Wednesday, May 14, 2025
As many as 28 Romanian companies will participate in Transport Logistic 2025 Munich, June 2-5, the world's leading trade fair for logistics, mobility, IT, and supply chain management, and the largest in the 47-year history of this event, the German-Romanian Chamber of Commerce and Industry (AHK Romania) announced on Tuesday in a press release.According to the cited source, the space for visitors and exhibitors covers an area equivalent to 21 football pitches, ...
Elfi announces €10 million investment to expand production capacity
Wednesday, May 14, 2025
Elfi, a Romanian producer of tissue and sanitary paper products, announces a major €10 million investment in 2025 to expand its production capacity. In 2024, the company recorded a turnover increase of approximately 10% compared to 2023, reaching around €13 million, and made investments of over €1 million in state-of-the-art technology aimed at improving sustainability and operational efficiency. For 2025, the company anticipates a ...
One United Properties posts a consolidated turnover of 70.7 million euros and a gross profit of 22.6 million euros in Q1 2025
Wednesday, May 14, 2025
One United Properties, Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 70.7 million euros in Q1 2025 and a gross profit of 22.6 million euros, while the net profit for the three months stood at 19.3 million euros. “The first quarter of 2025 unfolded in a complex domestic environment, marked by political uncertainty ...
Hartmann Packaging buys Dentas Romania from Dentas Ka??t Sanayi
Wednesday, May 14, 2025
Hartmann Packaging has acquired Dentas Romania, a Romanian producer of molded fiber packaging solutions, from Dentas Ka??t Sanayi, part of the Abal?o?lu Group. EY Romania provided buy-side services to Hartmann Packaging during the transaction process, comprising of financial and tax due diligence, tax structuring and transaction support services. The transaction is subject to customary necessary approvals. Dentas Ka??t Sanayi As ...
Aerostar posts over 21 mln lei in Q1 net profit
Wednesday, May 14, 2025
Aircraft maker Aerostar posted, in the first quarter of 2025, a net profit of 21.057 million lei, down 16.2% compared to that recorded in the similar period in 2024, according to the report submitted to the Bucharest Stock Exchange on Friday.Turnover amounted to 168.822 million lei (153.309 million lei in Q1 2024), and export sales to 146.834 million lei (127.989 million lei in Q1 2024).Aerostar's clients are located in Europe, Asia, Africa, the USA and Canada. ...
Swiss Manufacturers Sound the Alarm in Sighisoara: Romania Risks Missing the Industrial Train Without Immediate Action
Wednesday, May 7, 2025
Romania remains a strategic destination for manufacturing investments, but mounting pressures threaten its future: labor shortages, rising utility costs, and volatile demand are putting the industry under increasing strain. This was the clear message conveyed by Swiss and Romanian business leaders at the forum organized by the Swiss-Romanian Chamber of Commerce (CCE-R), hosted by SEFAR / MONOSUISSE in Sighisoara. Under the straightforward and ...
Infinexa Strengthens Its Management Team, Appoints Mircea Somlea as Partner – Former Executive Who Managed Non-Performing Loans at CEC Bank
Wednesday, May 7, 2025
Infinexa, a Romanian entrepreneurial company specializing in the restructuring and financing of distressed businesses, with €170 million in assets under management, announces the strengthening of its leadership team through the appointment of Mircea Somlea(Photo) as Senior Partner. Mircea Somlea brings over 10 years of experience in banking, focused on managing corporate non-performing loans and leading restructuring ...
Number of companies that suspended their activity, down by 16.4% in first quarter of 2025
Wednesday, May 7, 2025
The number of companies that suspended their activity in the first quarter of 2025 was 5,028, down 16.4% compared to the same period in 2024, according to data published by the National Trade Register Office (ONRC).The most companies that suspended their activity were from Bucharest, respectively 570 (a number down by 21.05% compared to the first three months of 2024), the Capital being followed by the counties of Cluj, with 310 suspended companies (minus ...
ONRC: 21,006 companies deregistered nationwide in first quarter of 2025
Wednesday, May 7, 2025
A number of 21,006 companies were deregistered nationally in the first quarter of 2025, 16.95% less compared to the same period in 2024, according to statistics from the National Office of the Trade Register (ONRC).The most deregistrations were recorded in the municipality of Bucharest, respectively 3,480 (a number down by 9.04% compared to the first three months of 2024) and in the counties of Cluj (1,053, -18.44%), Bihor (876, +10.75%), Iasi (864, +0.23%), Timis ...
EY Survey: Employee mobility critical to addressing talent gaps amid rising cost pressures
Wednesday, May 7, 2025
Cost pressures and uncertain labor markets demand that employee mobility becomes a critical focus as companies worldwide use it as a strategic tool to help solve talent shortages, according to the EY 2025 Mobility Reimagined Survey. The survey canvassed the views of 1,074 mobility professionals across ...
Amer Sports Opens Oradea Plant, Acquires Factory in Deva
Wednesday, May 7, 2025
Amer Sports has strengthened its Winter Sports Operations with the opening of a new Alpine binding factory in Oradea, Romania. This strategic investment marks the return of Alpine binding production to in-house manufacturing after two decades of outsourcing. It enhances the competitiveness and global leadership of our Salomon, Atomic, and Armada brands in winter sports—while securing critical expertise for the future. “This is a significant ...
Em Sherif Café officially launches in Romania, within the Marketta Food Hall
Wednesday, May 7, 2025
Tomcat Hospitality and One United Properties, two Romanian companies joining forces to transform Bucharest’s culinary scene into an international one, announce a new major project: the launch of the international Lebanese brand Em Sherif Café, originally from Beirut, on the Romanian market, with the opening of an emblematic restaurant within Marketta Food Hall – the largest food hall in Eastern Europe. This collaboration is possible thanks to the ...