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Foreign Investors Council: Foreign Direct Investment Significantly Contributes To Romania's Economic Growth
Companies

Foreign Investors Council: Foreign Direct Investment Significantly Contributes To Romania's Economic Growth

The Foreign Investors Council (FIC) underlines in a press statement the importance of predictable economic policies to ensure a stable and attractive business environment.

Ecaterina Craciun · 12.05.2025 · 18:44 · 2 min
Romania's Antitrust Body Clears Takeover Of Karamolegos Bakery Romania By Vel Pitar
Companies

Romania's Antitrust Body Clears Takeover Of Karamolegos Bakery Romania By Vel Pitar

Romania's Competition Council has authorized the transaction by which Vel Pitar SA intends to take over Karamolegos Bakery Romania SRL.

Ecaterina Craciun · 12.05.2025 · 16:42 · 1 min
Broker NAGA Launches NAGA Earn, A New Service Offering Daily Return On Cash Balance Held On Platform
Companies

Broker NAGA Launches NAGA Earn, A New Service Offering Daily Return On Cash Balance Held On Platform

NAGA, the Frankfurt Stock Exchange-listed fintech active in over 100 countries, launches NAGA Earn, a new service aimed at investors looking to earn a return on idle cash sitting in trading...

Ecaterina Craciun · 12.05.2025 · 15:29 · 3 min
Turbomecanica Sees Profit Tripling To RON4.2M YoY In Q1/2025
Companies

Turbomecanica Sees Profit Tripling To RON4.2M YoY In Q1/2025

Turbomecanica (stock symbol: TBM), the only local manufacturer of gas turbine engines and mechanical assemblies for aircraft, ended the first quarter of 2025 with profit of RON4.2 million, u...

Ecaterina Craciun · 12.05.2025 · 14:58 · 1 min
Hagag Development Europe Teams Up With Radisson Hotel Group For Its First Hotel In Bucharest Under Radisson RED brand
Companies

Hagag Development Europe Teams Up With Radisson Hotel Group For Its First Hotel In Bucharest Under Radisson RED brand

Real estate developer Hagag Development Europe, held by businessman Yitzhak Hagag, plans to turn into hotel the old office building of the former Institute of Hydroelectric Studies in capita...

Ecaterina Craciun · 12.05.2025 · 14:29 · 2 min
Poultry Producer Transavia’s Brand Portfolio Value Up 10% To EUR115M In 2025
Companies

Poultry Producer Transavia’s Brand Portfolio Value Up 10% To EUR115M In 2025

Transavia, one of the largest poultry producers in Romania, established by entrepreneur Ioan Popa 34 years ago, has a reached a cumulated value of its brands of EUR115 million, 10% higher th...

Loredana Frățilă-Cristescu · 12.05.2025 · 11:54 · 1 min
Hampton By Hilton Hotel In Targu-Mures Expects Rise In Revenue To RON9M In 2025
Companies

Hampton By Hilton Hotel In Targu-Mures Expects Rise In Revenue To RON9M In 2025

Hampton by Hilton Hotel in Targu-Mures, opened by the Gogolák family in 2024, expects revenue to reach RON9 million in 2025, up from the RON7 million last year, its officials say.

Loredana Frățilă-Cristescu · 12.05.2025 · 10:47 · 1 min
AmCham Romania Calls For Responsibility And Dialogue For Romania’s Economic Recovery
Companies

AmCham Romania Calls For Responsibility And Dialogue For Romania’s Economic Recovery

In the context of economic turbulence built up over the years and amplified to a worrying level by the prolonged electoral period, the American Chamber of Commerce in Romania – (AmCham Roman...

Ecaterina Craciun · 09.05.2025 · 19:19 · 2 min
Competition Council Looks Into Takeover By MetLife Of PineBridge Investments, Digital Cable Systems, Akta Telecom
Companies

Competition Council Looks Into Takeover By MetLife Of PineBridge Investments, Digital Cable Systems, Akta Telecom

Romania's Competition Council is looking into the transaction by which Metlife, Inc. intends to acquire PineBridge Investments Americas Holdings Limited and, indirectly, Digital Cable System...

Ecaterina Craciun · 09.05.2025 · 16:05 · 1 min