Industry | 8 December, 2025 at 6:00 PM
Chimcomplex appoints Ștefan Vuza as CEO
Chimcomplex has announced the return of Ștefan Vuza as CEO.
Chimcomplex has announced the return of Ștefan Vuza as CEO.
Romanian chemical producer Chimcomplex will propose to its shareholders to approve the contracting of new loans with a combined value up to €60 million
Chimcomplex is the main manufacturer and supplier of vital chemicals in Eastern Europe, specializing in polyols, chloro alkali, amines and oxo-alcohols.
Econic's technology uses a proprietary catalyst and process to substitute up to 30 percent of the fossil-based materials in polyols with captured CO₂.
This is a response to the unfavorable and unpredictable developments in the business environment.
Chimcomplex, the leading producer and supplier of vital chemicals in the region, generated total revenues for 2023 of RON 1.367 billion.
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.
The European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania in 2025, up from €707 million for 44 projects the previous year.
Russian oil major Lukoil has signed an agreement with US investment firm Carlyle for the sale of Lukoil International.
Romania's Ministry of Finance attracted RON 1.86 billion (€367.3 million) through seven government bond issues for retail investors in January, marking the first Fidelis offering of 2025. The bonds began trading on Bucharest Stock Exchange (BVB) on Thursday.
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.