Business Forum
| 28 May, 2025 at 6:50 AM
EnduroSat lands major funding for "Made in Europe" satellites
Bulgarian NanoSat provider EnduroSat has announced the closure of a €43 million investment round, spearheaded by Founders Fund.
Bulgarian NanoSat provider EnduroSat has announced the closure of a €43 million investment round, spearheaded by Founders Fund.
Heineken Romania brewer has announced that Boris Miloushev will assume the role of Managing Director, effective July 1st.
Kärcher has officially inaugurated its third factory in Romania, located in Curtea de Argeș, through its local production subsidiary, CER Cleaning Equipment.
Romanian metal company Lio-Metal has opened a €5 million manufacturing facility in Galați. The greenfield investment was backed by financing from ING Bank.
While battery electric vehicles (BEVs) hit a record 16% global market share in Q1 2025, driven largely by China, the transition to electromobility faces has slowed down in Romania.
The Government has approved the Ministry of Development's proposal to allocate RON 484 million (€96 million) from the budgetary reserve fund to finance airport infrastructure investment projects.
Furniture giant IKEA has opened its first Plan and Order Point in Bucharest, located in the Orhideea area.
Flip.ro, the Romanian platform dedicated to refurbished electronic devices, has concluded its fiscal year with a 45% year-over-year increase.
Romanian tech retailer Flanco has announced its most significant expansion strategy in six years, committing approximately RON 20 million (close €4 million) to investments.
Maspex Romania has submitted documentation to the Romanian Financial Supervisory Authority (ASF) for a voluntary takeover bid of a majority stake in Purcari Wineries.
BIPA, the drugstore brand of REWE Group, has announced its expansion into the Romanian market, with the first store slated to open in 2026.
State-owned CEC Bank has completed its e-factoring project, marking a significant step forward in its ongoing digitalization strategy.
Early Game Ventures (EGV) has announced a significant seed investment of €1.2 million in Servo AI, a local startup leveraging computer vision and AI to deliver.
The Romanian Competition Council has initiated six ex officio investigations within the automotive sector, targeting major car importers for potential anti-competitive practices.
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
Gabriela Stănică, the current Chief Information Officer, Digital & AI, will join the executive leadership team of Carrefour Romania as of June 1.
Romania's telecom sector recorded a 5% fall in revenues last year compared to 2023, reaching approximately €3.2 billion.
Holcim Romania has announced an investment of over €5 million in its Turda factory to launch a new production line.
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 wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
Delivery platform Bolt Food and financial infrastructure supplier finmid have launched a new financing program for thousands of small and medium-sized businesses (SMBs).
While businesses are increasing their investment in Environmental, Health and Safety (EHS) initiatives, many are failing to integrate them into their long-term strategies.
Croissant manufacturer Derpan, part of the Golden Foods Snacks group, has successfully completed a private placement of corporate bonds.
Romania has successfully completed its second renewable energy auction under the Contracts for Difference (CfD) scheme, awarding 2,751 MW of capacity and surpassing.