AQUILA, one of the largest players in the fast-moving consumer goods (FMCG) distribution sector from Romania and the region, posted in 2024 record revenues of nearly RON 3 billion, an increase of 17 percent compared to the previous year. This […]
Sphera Franchise Group, the largest food service group in Romania, concluded 2024, the best year in its history, with sales of over 1.5 billion RON (up 5.4 percent) and a net profit of 97.2 million RON (up 22 percent). “In […]
The Romanian government will approve the extension of price caps for electricity and natural gas, Prime Minister Marcel Ciolacu announced. Marcel Ciolacu mentioned that the scheme would be extended by three months for electricity and one year for natural gas. […]
The fundamental problem of the energy market in Europe is the lack of interconnections, and these represent a zero priority for the European Union, said the Minister of Energy, Sebastian Burduja. ”In Europe, the problem is the interconnections. If you […]
Garanti BBVA has granted a 7.5 million Euro loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75 percent of the […]
Packeta Romania, a digital platform for e-commerce and a member of Packeta Group, recorded a 19 percent increase in revenue in 2024, reaching 26 million Euro. For this year, it estimates 25 percent growth, driven by the continuous development of […]
DN AGRAR Group, Romania’s largest integrated livestock farm and leading producer of cow milk, closed the year 2024 with a preliminary consolidated turnover of 176 million RON, marking a 16 percent increase compared to 2023. Net profit advanced by 40 […]
On February 26, the European Commission published the Clean Industrial Deal (CID), a wide-ranging strategy aimed at supporting the transformation of the EU’s industrial sectors. It is a non-legislative document, foreseeing several future legislative measures in the fields of energy, […]
TeraPlast Group recorded a 34 percent increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch […]
With an investment of over 1.3 million euros, supported by OMV Petrom, the Romania Eficienta program, run by the Energy Policy Group (EPG), has modernized and energetically rehabilitated to nZEB standards the workshop building of the Technological High School of […]
