Romanian FMCG distributor Aquila has completed a 24-month digitalisation project to standardise human resources processes across its group operations.
Romanian FMCG distributor Aquila has completed a €5 million investment in an AI-based automation solution at its warehouse in Drăgomirești, Ilfov County.
Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.
Local FMCG distributor Aquila has reported a consolidated revenue of over RON 1.5 billion (€301.8 million) during H1 2025, marking an 18% increase compared to the same period in the previous year.
Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).
The transaction represents a strategic step in AQUILA's regional expansion and was finalized following the fulfillment of all suspensive conditions stipulated in the contract.
The transaction price is a maximum of €14 million and is calculated based on a mechanism agreed upon by the parties, considering working capital adjustments and net debt.
Aquila has budgeted investments of €16.9 million for means of transport and warehouse equipment, in line with its sustainability objectives.
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.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
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.
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.
Verne, Pony.ai and Uber Technologies have announced a partnership to launch Europe's first commercial robotaxi service, beginning in Zagreb with initial deployment work already underway, including public-road validation.