Companies
Smart ID Technology Acquires Majority Stake In AB Systems
Smart ID Technology, with the support of private equity fund SARMIS Capital, announces the signing of an agreement to acquire a majority stake in AB Systems SRL, a leader in the production o...
XTB Groups Ends 2024 With EUR435M Revenue, Up 21% YoY
XTB Group ended 2024 with total revenue of EUR435 million, up 21% year-over-year, and net profit of EUR199 million, up 14% from 2023.
Symmetrica Close To Completing EUR50M Investment In New Factory Near Bucharest
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, has entered a straight line with the completion of its new factory in Bol...
Germany’s ebm-papst Bets EUR30M on New Project in Oradea
German group ebm-papst wants to invest in a new production unit, but also in a new R&D center in Oradea after the current business is part of a deal with Siemens.
PepsiCo Exports 15% To 20% Of Production Of Its Beverage Plant Near Bucharest
PepsiCo beverage factory in Dragomiresti-Deal (Ilfov County) produces 550 million liters of beverages in seven months, 15% to 20% of which are exported.
Chimcomplex Set To Build EUR100M Polyepoxide Plant In Onesti Using EUR46.6M State Aid
Chimcomplex, the largest entrepreneurial industrial company in Romania, whose controlling shareholder is Stefan Vuza, will build a polyepoxide plant in Onesti (Bacau County), a EUR100 millio...
Oil Terminal Calls Shareholders To Vote On RON7.5M Dividend Payout
Oil Terminal (stock symbol: OIL), the operator of the oil terminal in Constanta harbor, has called shareholders for a meeting on April 28, 2025 to vote on the distribution of RON7.5 million...
Tomoroga Construct 2024 Turnover Down 8% YoY To RON33.2M
Construction company Tomoroga Construct ended 2024 with a turnover of RON33.2 million (nearly EUR6.7 million), down 8% from RON36.2 million (EUR7.3 million) turnover reported in 2023, as per...
Romania Private Pension Funds' Assets Hit RON156B At End-2024, Or 9.06% Of Country's GDP
Private pension funds' total assets reached RON156.44 billion at the end of December 2024, up 19% versus 2023, in line with data provided by Romania’s Financial Supervisory Authority (ASF).