Industry

Business Forum   |   21 May, 2025 at 5:04 PM

REWE-backed BIPA to expand in Romania

BIPA, the drugstore brand of REWE Group, has announced its expansion into the Romanian market, with the first store slated to open in 2026.

Business Forum   |   21 May, 2025 at 3:47 PM

CEC Bank finalizes e-factoring project

State-owned CEC Bank has completed its e-factoring project, marking a significant step forward in its ongoing digitalization strategy.

Business Forum   |   21 May, 2025 at 9:26 AM

EGV invests €1.2 million in Servo AI

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.

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.

Business Forum   |   14 May, 2025 at 2:30 PM

Sipex sees turnover, profit fall in Q1 2025

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).

Business Forum   |   12 May, 2025 at 11:08 AM

Aquila sees 19% revenue growth in Q1 2025

Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).

Business Forum   |   9 May, 2025 at 1:04 PM

Metigla plans €15 million investment in Romania

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.

Business Forum   |   9 May, 2025 at 7:32 AM

BYD enters Romania, plans local expansion

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.

Business Forum   |   8 May, 2025 at 5:03 PM

Liviu Drăgan, Druid AI CEO, dies at 70

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.

Business Forum   |   2 May, 2025 at 12:09 PM

Romania lagging behind on AI usage by companies

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.

Business Forum   |   28 April, 2025 at 9:00 AM

Bolt Food names new GM in Romania

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.

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Romanian economy shows signs of recovery in Q3
Economy

Romanian economy shows signs of recovery in Q3

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.

Real estate

MedLife reports 20% growth in first nine months

MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.

Finance

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.