Business Forum
| 15 May, 2025 at 7:25 PM
MedLife posts 20% turnover hike in Q1 2025
Romanian private healthcare services provider MedLife has recorded a 20% y/y increase in pro-forma consolidated turnover during Q1 2025.
Romanian private healthcare services provider MedLife has recorded a 20% y/y increase in pro-forma consolidated turnover during Q1 2025.
Sphera Franchise Group reported consolidated sales of approximately €72.52 million (RON 362.6 million) in Q1 2025 across its network of fast-food restaurants.
Sipex, a Romanian distributor of construction and finishing materials listed on the BVB AeRO market, reported a turnover of RON 66.5 million (€13.38 million).
Romanian retailer Flanco expanded its Smart Discounter network in April by opening two new stores and revamping a third, bringing the total number of projects under this brand to 22.
Elfi, the Romanian producer of tissue and sanitary paper products, has announced a significant €10 million investment aimed at expanding its production capacity.
Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).
The EBRD has subscribed for PLN 140 million (€33 million) in the debut sustainability-linked bond issuance by Żabka Group, a Polish modern convenience retailer.
Metigla, a producer of complete solutions for metal roofing and cladding, is preparing to invest €15 million in its local operations, adding to the €25 million invested over the past 25 years.
Chinese EV maker BYD has officially launched in Romania and is introducing a range of 100% electric and plug-in hybrid models to the country's automotive market.
Liviu Drăgan, the Founder and CEO of Druid AI, has died at age 70. He was an engineer, inventor, and business leader with over four decades of experience.
Oradea Airport marked a major milestone with the landing of its first cargo aircraft, making it the only airport in Romania.
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
Hartmann Packaging has announced the purchase of the Romanian subsidiary of Dentaş Kağıt Sanayi, which specializes in the production of molded fiber packaging solutions.
DVI Production, the owner of the Fortem brand, a manufacturer of linear masonry elements, is opening a new factory in Iernut, Mureș County, which will have the largest production capacity in Europe.
Wolt, the Helsinki-based technology company, is set to officially launch operations on the Romanian market this May.
TeraPlast has announced the completion of its acquisition of a 51% stake in Aquatica Experience Group (AEG) in a deal worth €2 million.
During Q1 2025, the Brașov-Ghimbav International Airport saw a total of 56,897 passengers, more than double the figure for the same period in 2024.
Provident Financial Romania, part of the British International Personal Finance (IPF) group, has named Laurențiu Mărculescu its new Sales Director.
Nawaf Salameh, the Founder and President of Alexandrion Group, which specializes in spirits and wine production, died on Sunday at 59 years old.
Romania has officially joined the InvestEU Ukraine Export Credit Guarantee Facility, a joint initiative by the European Commission and the European Investment Fund (EIF).
The average net salary in Romania decreased by 2.5% to RON 5,508 (€1,109.91) in May, compared to April 2025, according to data from the National Institute of Statistics (INS).
The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.
Romanian private healthcare network MedLife is investing €3 million in genetic testing and will launch a large-scale genetic testing program.
Romania's trade deficit rose by 16.4% in the first five months of this year compared to the same period last year, reaching €14.32 billion.