Companies
TeraPlast Takes Over Majority Stake in Aquatica Experience Group, Wants to Provide Water Treatment and Purification Services in Romania, Moldova, Hungary, Croatia and Austria
Building materials producer TeraPlast Bistrita has acquired a majority 51% stake in Aquatica Experience Group (AEG), a provider of water treatment, purification and management services.
OMV Petrom Proposes Gross Dividend of RON0.0444 Per Share, Equivalent of 6% Return
OMV Petrom, Romania’s sole oil and gas producer, has announced its proposal for dividends from 2024 net profit: RON0.0444 per share, which at current trading prices of RON0.728 means a 6% re...
OMV Petrom Ends 2024 with RON35.8B Sales, Down 8%, RON4.2B Net Profit, Up 4% from 2023
OMV Petrom, Romania’s sole oil and gas producer and the largest company by turnover, ended 2024 with RON35.8 billion sales, down 8% from 2023, while net profit climbed by 4% to RON4.2 billio...
Prysmian Romania Set to Recruit 30-40 People in 2025 for Cable Production
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, at end-February 2024 started works on a new production line for medium voltage elect...
Fuel Wholesaler Artoil Expects 25% Growth In Revenue In 2025
Timisoara-based fuel wholesaler Artoil, held by entrepreneurs Alexandra and Alex Bunceanu, expects 25% growth in revenue in 2025 compared with 2024, as a result of both new partnerships and...
Antitrust Watchdog Looks Into Takeover Of Ade Gas Company By Rombeer Cringasu
Romania's Competition Council is assessing the transaction through which Rombeer Cringasu SRL plans to acquire Ade Gas Company SRL.
Simona Belea Takes The Helm Of Continental Automotive Romania
Simona Belea will take over as the new head of Continental Automotive Romania, starting with the second quarter of 2025.
Beko Romania Appoints Marius Mihailescu As CEO For Romania, Moldova, Greece, Malta And Cyprus
Beko Romania has appointed Marius Mihailescu to the position of Chief Executive Officer (CEO) for Romania, Moldova, Greece, Malta and Cyprus.
Holde Agri Invest Confirms Bogdan Serghiescu As CEO, Appoints Adrian Pirciu As CFO
Holde Agri Invest (stock symbol: HAI), one of Romania’s largest farmland operators, announces new changes in its management team, confirming Bogdan Serghiescu as Chief Executive Officer (CEO...