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.
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...
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...
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...
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...
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...
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...
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.
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,...