Income, an Estonian fintech company connecting investors with non-bank lenders, announced today its target to raise €1.5 million to expand its private debt investment platform.
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
The consolidated gross profit target is €123.5 million, 15% higher than the result for 2023, while the net profit is estimated to reach €105 million in 2024.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Dairy giant Royal FrieslandCampina has reached an agreement to sell its Romanian operations, including the Napolact brand and production facilities in Cluj-Napoca.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
BRD Groupe Société Générale has reported a strong first half of the year, with significant growth in commercial activity and financial performance.
Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).