IKEA Ends Fiscal 2025 With 8.6% Rise In Sales To Over RON1.5B
IKEA Romania posted 8.6% growth in sales in the fiscal 2025 (September 1, 2024 – August 31, 2025) to more than RON1.5 billion, with almost 44 million products sold.
Oct 16, 2025
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Grup EM Raises EUR4.8M From Investors, Set To Start Trading On Bucharest Stock Exchange
The initial public offering of Grup EM, an energy sector business that includes Electromontaj and Iproeb, ended on Thursday, October 16, at 12 p.m., after two weeks, having raised about EUR4.8 (…)
Oct 16, 2025
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SCUT Officially Launches Digital Cyber Shield Concept
SCUT, the cybersecurity company majority held by Orange Romania, has officially launched the digital cyber shield concept — a unified approach co-created with Orange Cyberdefense, offering (…)
Oct 16, 2025
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RPHI Romania Modernizes Common Spaces Of Bucharest's SkyTower Building
RPHI Romania (Raiffesen Property), the company that owns and manages SkyTower, the tallest office building in Romania. has finalized modernization works on the common spaces of SkyTower, following (…)
Oct 16, 2025
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Romanian company Transgaz S.A. has put into operation the Tuzla-Podi?or transmission pipeline, which will connect the gas from the Neptun Deep offshore perimeter, Black Sea, with those from the Transbalkan Corridor and the Vertical Corridor
Bucharest, October 16, 2025 – RBJ – Romanian company Transgaz S.A., the operator of the national gas transmission system (SNT), announced the completion and commissioning of the Tuzla-Podi?or (…)
Oct 16, 2025
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Finance Ministry Raises RON500M From Banks On October 16
Romania's Finance Ministry raised RON500 million from banks on Thursday (October 16), selling benchmark bonds, at an annual average yield of 7.04%.
Oct 16, 2025
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Romania – the New Hotspot for Real Estate Investments in Central and Eastern Europe
North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting (…)
Oct 16, 2025
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Bucharest is becoming the epicenter of climate action. Ten reasons to attend the Climate Change Summit 2025
Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 (…)
Oct 16, 2025
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Employers’ Confederation: Confidence In Romanian Private Business Environment Is Decreasing
The confidence of the private business environment in the Romanian economy is decreasing, amid rising inflation, increasing costs, and recent fiscal changes, per a survey conducted by the (…)
Oct 16, 2025
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Romanian design, sculpture on show in Paris
The works of several Romanian designers and artists will be on display at the Hôtel de Béhague in Paris, the headquarters of the Romanian Embassy, as part of the exhibition Valuable. The Romanian (…)
Oct 16, 2025
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SCUT brings a unified vision on digital protection - a cybersecurity architecture that eliminates fragmentation between systems
SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level (…)
Oct 16, 2025
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Mobexpert Aims To Expand Local Store Network, Boost Exports, Enter New Business Segments in Coming Years
Mobexpert, a leading furniture producer and retailer in Romania, wants to expand further locally in the coming years, to boost exports and tap into new market segments, considering the local (…)
Oct 16, 2025
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Romanian engineering company Simtel to open factory for industrial cleaning robots
The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in B?icoi, Prahova, to produce industrial (…)
Oct 16, 2025
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Over 50 NGOs call on Bucharest city officials to increase fines for illegal deforestation
Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the (…)
Oct 16, 2025
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Bud?i, ironically: Grandmothers who make jam are hitting Romania’s VAT gap. Leave them alone!
Mediafax PSD deputy Marius Bud?i criticized the head of ANAF for blaming Romania’s VAT gap on grandmothers making homemade jam, calling the explanation absurd and urging authorities to focus (…)
Oct 16, 2025
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DNA on the searches at the head of the Central Military Hospital: Facts from the period 2020-2023
Mediafax Romania’s anti-corruption prosecutors (DNA) are investigating General Florentina Ioni??, head of the “Dr. Carol Davila” Military Hospital, and other military medical staff for alleged (…)
Oct 16, 2025
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Three-Month ROBOR Falls To 6.41% on October 16
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated (…)
Oct 16, 2025
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