Finance

Business Forum   |   26 February, 2025 at 12:14 PM

SelfPay triples net profit in 2024 compared to 2023

SelfPay, Romania's self-service payment station market leader, posted a net profit of RON 32.2 million in 2024, three times higher than the figure reported for the previous year.

Business Forum   |   24 February, 2025 at 11:43 AM

Morphosis Capital Fund II invests in EnduroSat

This acquisition marks the third transaction for Morphosis, having committed to deploy over 30% of the Fund's investable capital within the first 7 months of its first closing.

Business Forum   |   11 February, 2025 at 12:11 PM

Digital payments in Romania approach €37 billion

AI and blockchain technology are having a growing impact on the FinTech industry, with digital payments and e-wallets expanding, according to experts at Money Motion 2025.

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Romania cuts budget deficit in half in first two months of 2026
Finance

Romania cuts budget deficit in half in first two months of 2026

Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.

Energy

Electrica CEO mandate extended

Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.

Finance

JCR upgrades Romania's rating outlook to stable

Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.

Energy

Hidroelectrica's investments reach new high in 2025

State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.