Companies
French group SYCLEF Buys Majority Stake in Romania’s Unicool
French group SYCLEF, present in ten countries, is entering Romania by taking over a stake in Cluj-based company Unicool, active on the commercial refrigeration market.
Enterprise Investors Mulls New Deals in Romania
Private equity fund Enterprise Investors, headquartered in Poland, which has recently taken over a minority stake in local fitness network 18GYM, is contemplating new potential deals on the...
Louis Vuitton Supplier Somarest Sibiu Sees Net Profit Rise 6.6% in 2025
Somarest Sibiu, part of luxury group LVMH, in 2025 registered turnover worth RON324.2 million (EUR64.3 million), down 17.7% from the previous year, in line with ZF calculations based on Fina...
Helbako Electronica Net Profit Drops 2.2 Times in 2025 to RON8M
Helbako Electronica, the local subsidiary of German company Helbako GmbH, for 2025 reported turnover worth around RON218.8 million (EUR43.4 million), down 2.4% from 2024, in line with ZF cal...
Andrei Bica Appointed Chief Financial Officer Of Carrefour Romania
Andrei Bica was appointed Chief Financial Officer (CFO) of Carrefour Romania amid the acquisition of the retail chain by Paval Holding, the special purpose vehicle of brothers Dragos and Adr...
Razvan Szilagyi To Step Down As CFO Of Bucharest Stock Exchange As Of September 1
Razvan Szilagyi on June 30 announced his resignation from the position of Chief Financial Officer (CFO) of the Bucharest Stock Exchange, effective September 1, 2026, as per a current report...
US Lear Corporation Slashes Jobs At Iasi Site
Lear Corporation, an American automotive parts manufacturer, is laying off workers in Iași, affecting hundreds of jobs, Ziarul de Iași reports.
Statistics Office: Romania Residential Building Permits Down 8.2% YoY In January-May 2026
Romanian authorities issued 12,979 construction permits for residential buildings in January-May 2026, 8.2% fewer than in January-May 2025, the country’s statistics office INS has announced...
Filip & Company Assists Copenhagen Infrastructure Partners In Development And Financing Of Pestera II Wind Project
Law firm Filip & Company has provided legal assistance to Copenhagen Infrastructure Partners (CIP) in relation to the development of the Pestera II wind project.