OMV Petrom invests RON 5.1 billion in first 9 months of 2025, despite 13% drop in net profit
OMV Petrom reported RON 5.1 billion in organic investments between January and September 2025, up 28% year-on-year, amid a 20% decline in operating result and a 13% drop in net profit to RON 3.4 billion. The investment increase reflects the company’s 2030 Strategy implementation, with a focus on Neptun Deep and expanding its renewable energy […]
Voucher system generated over 1.4% of Romania’s GDP in 2024 and supported 213,000 jobs
A study conducted by the Bucharest University of Economic Studies (ASE) reveals that the value voucher system—including meal cards, holiday vouchers, and social aid tickets—contributed over 1.4% to Romania’s GDP in 2024 and supported more than 213,000 jobs nationwide. The findings were presented at the Policy & Impact Forum hosted by the French Embassy in […]
Allianz-Țiriac appoints Codruța Furtună as Deputy CEO amid 17% market share milestone
Allianz-Țiriac Asigurări has appointed Codruța Furtună as Deputy CEO, strengthening its executive leadership as the company ranks second in Romania’s insurance market with a share exceeding 17%, according to March 2025 data from the Financial Supervisory Authority (ASF). Currently serving as Head of Sales and Distribution, Codruța Furtună will continue to lead this strategic division, […]
Groupama invests €1 million in new pediatric emergency surgery block at Marie Curie Hospital
Groupama, one of the largest insurance companies in Romania, is investing €1 million in the construction of a new surgical block dedicated to emergency procedures and endoscopy at the Marie Curie Children’s Emergency Hospital in Bucharest. The amount is allocated through the redirection of corporate tax to the Inima Copiilor Association, which is coordinating the […]
BraveX partners with Uniq Things to launch “Swarm-as-a-Service” drone solution
Romanian drone manufacturer BraveX Aero has entered a strategic partnership with Germany-based Uniq Things UG to develop and operationalize a new concept: “Swarm-as-a-Service”. The collaboration enables coordinated multi-drone missions for surveillance, border protection, and emergency response. Under the agreement, BraveX provides its fixed-wing drone platforms, while Uniq Things integrates its swarm coordination technology. This system […]
Accor raises EBITDA outlook after €1.37 billion revenue in Q3 2025
Accor reported revenues of €1.369 billion in the third quarter of 2025, representing a 3.1% increase at constant exchange rates compared to the same period in 2024. Following this performance, the French hospitality group raised its recurring EBITDA forecast to a range between 11% and 12%. This result comes despite a decline of 1.1% at […]
Beko Romania supports Marius Nasta Institute’s Pulmonology Department with medical-grade appliances
Beko Romania has equipped the Pulmonology Department I of the “Marius Nasta” Institute in Bucharest with modern refrigeration units, enhancing hygiene, comfort, and operational efficiency for patients suffering from respiratory conditions. The initiative is part of the #ProiectNasta campaign and aligns with Beko’s long-term commitment to healthcare support. Under the program “Beko for Health | […]
Mercedes-Benz Romania appoints Kai-Uwe Trillenberg as CEO starting December 1, 2025
Starting December 1, 2025, Mercedes-Benz Romania will welcome a new CEO: Kai-Uwe Trillenberg, currently Vice President of Marketing & Sales at Mercedes-Benz Thailand. He will succeed Natalie Thompson, who leaves the company after a tenure marked by strong growth and a reinforced market position. Trillenberg will arrive in Romania in November to ensure a smooth […]
E.ON invests EUR 2.2 million in community projects and sets record of 2.6 million kWh donated in 2024
In 2024, E.ON Romania allocated EUR 2.2 million to social and educational initiatives, bringing the company’s total community investment to EUR 22 million over recent years, according to its latest sustainability report. Over 1,500 employees—almost a quarter of the company’s workforce—engaged in volunteering activities last year, contributing around 6,000 hours to support 150 NGOs and […]
Teilor Holding reports RON 297 million revenue and RON 23.3 million normalized net profit in H1 2025
In the first half of 2025, Teilor Holding reported consolidated revenues of RON 297.4 million, up 37% compared to H1 2024. EBITDA rose by 70% to RON 46.8 million, while normalized net profit jumped by 620% to RON 23.3 million. The TEILOR luxury jewelry chain generated RON 157.2 million in revenue, a 24% increase. Normalized […]