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Hidroelectrica Net Electricity Production Down 27% in H1/2025
Companies

Hidroelectrica Net Electricity Production Down 27% in H1/2025

Hidroelectrica, Romania’s largest electricity producer, announced at the BVB that net electricity output dropped by 27% in the first half of 2025, to 6,068 GWh.

Roxana Dumitru Rosu - Mediafax · 30.07.2025 · 11:17 · 1 min
Mozaik Investments Buys Majority Stake in Genesis College
Companies

Mozaik Investments Buys Majority Stake in Genesis College

Private equity fund Mozaik Investments, which has Superbet entrepreneur Sacha Dragic among its founders, has bought the majority stake in private school Genesis College set up by Ioana Necul...

Roxana Dumitru Rosu - Mediafax · 30.07.2025 · 09:51 · 1 min
UiPath Reports RON3.3B Turnover In Romania In 2024, Up 15% YoY
Companies

UiPath Reports RON3.3B Turnover In Romania In 2024, Up 15% YoY

UiPath, the most successful IT company founded in Romania, reported a turnover of RON3.279 billion (EUR659 million) for the entity in Romania, for 2024, up 14.85% year-over-year, as per data...

Ecaterina Craciun · 29.07.2025 · 20:27 · 1 min
Content Creator Andrei Selaru Announces Launch Of Nibiru Project On Romania’s Black Sea Coast
Companies

Content Creator Andrei Selaru Announces Launch Of Nibiru Project On Romania’s Black Sea Coast

Content creator Andrei Șelaru, known as Selly, has announced the launch of Nibiru, an exclusive seaside resort to be built from scratch on the Romanian Black Sea coast, between the seaside r...

Ecaterina Craciun · 29.07.2025 · 18:22 · 1 min
Antitrust Watchdog Gives Conditional Nod To Acquisition Of Telekom Romania Mobile Communications By Vodafone Romania And Digi Romania
Companies

Antitrust Watchdog Gives Conditional Nod To Acquisition Of Telekom Romania Mobile Communications By Vodafone Romania And Digi Romania

Romania's Competition Council has conditionally approved the transactions through which Vodafone Romania S.A. intends to acquire Telekom Romania Mobile Communications S.A., and Digi Romania...

Ecaterina Craciun · 29.07.2025 · 16:00 · 2 min
Germany's T2Y Capital Becomes Shareholder In Romania's Prime Batteries
Companies

Germany's T2Y Capital Becomes Shareholder In Romania's Prime Batteries

Germany's T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, is joining the shareholding structure of Romanian batter...

Ecaterina Craciun · 29.07.2025 · 15:19 · 1 min
Santierul Naval Orsova Signs EUR22.26M Contracts For Construction Of Five River Vessels
Companies

Santierul Naval Orsova Signs EUR22.26M Contracts For Construction Of Five River Vessels

Shipbuilder Santierul Naval Orsova (stock symbol: SNO) has concluded five external contracts worth EUR22.2 million for the construction of five river vessels, the company said in a stock mar...

Ecaterina Craciun · 29.07.2025 · 10:56 · 1 min
Construction Material Manufacturer Sika Invests CHF1.4M In Concrete Additive Plant
Companies

Construction Material Manufacturer Sika Invests CHF1.4M In Concrete Additive Plant

Swiss-held construction materials manufacturer Sika has invested CHF1.4 million in a new concrete additives plant in Romania, on the industrial site in Corlatesti, Prahova County.

Loredana Frățilă-Cristescu · 28.07.2025 · 14:04 · 1 min
Rheinmetall Starts Local Production Network In Romania
Companies

Rheinmetall Starts Local Production Network In Romania

German military equipment and ammunition manufacturer Rheinmetall has announced establishment of a local production network in Romania, which includes both its own companies in the country,...

Loredana Frățilă-Cristescu · 28.07.2025 · 13:30 · 1 min