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Govt Declares Liberty Galati, Damen Shipyards Mangalia And Romaero Companies Of Strategic Interest
During an extraordinary meeting on Tuesday evening, the Romanian government approved declaring Liberty Galati, Damen Shipyards Mangalia, and Romaero as companies of strategic interest, Economy Minister Irineu Darau said in a Facebook post.
France’s Hermès Makes First Official Move after Opening Romania Company
French group Hermès has made its first official move after having opened a company in Romania in September 2024.
Sierra Quadrant: Number Of Ailing Companies To Increase Significantly In 2025
The number of ailing companies in various stages, such as deregistration, insolvency, dissolution or suspension of activity will increase significantly this year, from 155,000 to 170-180,000...
Romania, Georgia, Hungary And Azerbaijan Set Up Company To Implement Green Energy Corridor
State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint venture company, "GECO POWER COMPANY - GREEN ENER...
Romanian Companies Spent More Than $330 Million To Buy Businesses Abroad in 2024
Romanian companies conducted 18 transactions abroad in 2024, spending more than $330 million to buy businesses in the US, Italy and Austria, reveals a ZF analysis based on market data and da...
Russia’s Kaspersky Decides To Close Romanian Company After 16 Years
Russian cybersecurity solutions provider Kaspersky decided on September 1 to close its company in Romania, which it had established 16 years previously, according to a document published in...
OMV Petrom, Automobile Dacia And Rompetrol Rafinare, Largest Businesses In Romania In 2022
The largest actor in Romania’s economy is OMV Petrom (SNP.RO), which posted RON55 billion revenue in 2022, an increase of 137% year-on-year, followed by a company of the same group, OMV Petr...
Impact Sets up Construction Company to Handle Its Projects in Moldavia
The management of real estate developer Impact Developer & Contractor (IMP.RO) notified the capital market about the establishment of Impact Alliance Moldova, a construction company responsi...
Italian Companies Considering Relocation of Their Russia and Ukraine Plants
Romania is on the investment radar of Italian companies, as a number of Italian businesses operating in Russia and Ukraine are looking into options to relocate their plants abroad, not just...