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).
SIPEX's business growth was supported by careful inventory management, accurate sales forecasting, and diligent expense management.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Romanian companies represent 53% of the top 5,000 companies in Romania, but figures show significant differences between the country's regions.
Raiffeisen Bank Romania ended 2025 with strong results, recording 22% growth in new clients compared to 2024.
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.
Dan Timotin, General Manager of beer maker Ursus Breweries since July 2025, will leave the company at the end of February 2025, according to a company statement.
Vista Bank Romania has signed an agreement to acquire 100% of the shares in Investimental, a financial investment services company.