Companies
Moneycorp Exits Romania
Moneycorp, one of the largest companies specializing in international payment and foreign exchange services, has decided to exit the Romanian market.
Grain Trader Transylvania Invest Enters Arrangement with Creditors
Transylvania Invest, a major Romanian-held grain trader, founded by Sergiu Gorban, has entered an arrangement with creditors as part of a restructuring plan meant to stabilize the company am...
Stonevault Baia Mare 2024 Turnover Up 3.1% YoY To Nearly RON174.6M In 2024
Stonevault, a Baia Mare-based producer of sofa springs, ended 2024 with a turnover of roughly RON174.6 million (EUR35 million), up 3.1% from a turnover of RON169.2 million (EUR34.2 million)...
Electro Sistem Sees Net Profit Shrink 27% To RON16.6M In 2024
Electro Sistem, a manufacturer and supplier of electricity control and distribution equipment based in Baia Mare and held by entrepreneurs Stefan Blasko and Roland Kerekes, posted RON179.4 m...
France's Pluxee Signs Agreement To Fully Acquire Romania's MyBenefits
Employee benefits group Pluxee has signed an agreement to acquire 100% of MyBenefits, a fast-growing Romanian company that has developed innovative technology to provide a flexible offering...
EY Romania Promotes Razvan Ungureanu To Partner Within Tax Advisory Department
EY Romania has promoted Razvan Ungureanu to Partner within the Tax Advisory department, effective July 2025.
Fitch Rates Electrica’s Upcoming Senior Unsecured Green Notes BBB-(EXP)
Fitch Ratings has assigned Societatea Energetica Electrica S.A.'s (BBB-/Stable) upcoming senior unsecured green notes a 'BBB-(EXP)' expected rating.
Weidmüller Interface România Reports Sevenfold Loss Reduction in 2024
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, for 2024 reported turnover worth RON290.1 million (EU...
Steel Plant Liberty Galati Revenue Drops To RON2.1B In 2024
Liberty Galati steel plant ended 2024 with RON2.1 billion revenue, down from RON3.6 billion in 2023, and losses of RON1.6 billion, lower than the previous year, Finance Ministry data show. I...