UMB Steel acquires ArcelorMittal Hunedoara assets for €12.5 million
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.
SafeFleet, one of Romania's largest fleet monitoring companies, closed 2025 with 15% revenue growth compared to the previous year.
Electro-Alfa International announced the early closure of its Initial Public Offer (IPO) for the sale of up to 65.9 million newly issued shares.
Romanian private healthcare group MedLife has completed the full acquisition of the Medstar group of clinics in Cluj-Napoca.
Building-materials supplier Holcim Romania has announced the acquisition of Uranus Pluton, a granite quarry operator active since 2004 in Cerna, Tulcea County.
Dan Timotin, General Manager of beer maker Ursus Breweries since July 2025, will leave the company at the end of February 2025, according to a company statement.
Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.
Enterprises across Europe and the Middle East have moved from AI pilots to scaled implementations, with nearly half of AI proof-of-concepts already in production.
Romania's National Agency for Fiscal Administration (ANAF) has launched Ana, an intelligent virtual assistant designed to help taxpayers quickly obtain information about their fiscal obligations.
The Austrian Post Group has acquired 100% of Hungarian parcel service provider Delivery Solutions Zrt., operating under the brand Sameday Hungary.
Haleon, a consumer healthcare company, has appointed Jon Workman as President for Europe operations.
Global life sciences M&A activity increased by 81% in 2025 to $240 billion, driven by Big Pharma's large-scale deals, despite fewer overall transactions. The surge reflects companies prioritising innovations ready for launch as they face widening growth gaps.
Romania's industrial production fell 1.1% as a gross series and 0.5% as a seasonally adjusted series in the first 11 months of the year compared to the same period in 2024, according to the National Institute of Statistics (INS).
Arobs Systems, part of the Arobs Group, has signed two digitalization contracts with Romanian government institutions worth a combined €8 million to the company.
Millions of Romanians visited dental clinics across the country in December, with Life Group reporting a 20% increase in appointments compared to the same period in 2023.
The tender for the design and construction of the final motorway lot of the Târgu Neamț - Iași - Ungheni section has been launched.
New car registrations in Romania increased by 4.7% in 2025 year-on-year, reaching 155,855 units, according to preliminary data released by the Association of Car Producers and Importers in Romania (APIA) based on DGPCI statistics.
Private equity investor MidEuropa has acquired a majority stake in Romanian Business Consult (RBC), an IT system integrator specialising in retail, banking and industrial sectors in Romania.
DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.
Premier Capital has reached a milestone with the opening of its 200th McDonald's restaurant across its European portfolio, located in Malta - the company's home country.

Consumer products brands are shifting from competing for visibility to competing for algorithmic selection, according to an EY report.
MedLife Group has implemented an advanced integrated robotic neurosurgery system at MedLife Polisano Hospital in Sibiu, following an investment of over €2 million.
The Galați Court has approved the modified asset recovery plan for Liberty Galați, paving the way for the auction of one of Romania's most important industrial assets to resume.
Small and mid-sized retailers lost approximately €3.2 million in profit over the past year due to inventory errors, according to internal data from Selectsoft, a Romanian provider of ERP solutions for SMEs.
Fondul Proprietatea has exercised its pre-emption right and subscribed to 5.6 million new shares in National Company Administrația Porturilor Maritime (CNAPM), investing €10.8 million to maintain its existing shareholding percentage.