Companies
Over 83k companies deregister in 2024
Wednesday, February 12, 2025
A total of 83,012 companies were deregistered nationwide in 2024, 16.52% more compared to the previous year, according to statistics from the National Trade Registry Office (ONRC).The highest number of deregistrations was recorded in Bucharest, with 12,982 (a 9.83% increase compared to 2023), and in the counties of Cluj (4,290, +15.14%), Timi? (3,431, +10.22%), Constanta (3,163, +7.26%), Iasi (2,972, +7.33%), Dambovita (2,833, +48.09%), and Bihor ...
Number of registrations of individuals and legal persons down 14.6pct in 2024
Wednesday, February 12, 2025
The number of registrations of natural and legal persons decreased in 2024 by 14.63%, compared to the previous year, down to 124,898 registrations, of which over 73% were LLCs, according to data centralized by the National Trade Register Office (ONRC).The most registrations were recorded in Bucharest Municipality, respectively 29,807 (-3.37%, compared to 2023) and in the counties of Ilfov - 7,592 (-4.02%), Cluj - 6,220 (-21.15%), Timis - 5,663 (-13.88%), ...
Crystal Dental Clinic, turnover increased by 60%, to over 4 million euros
Wednesday, February 12, 2025
Crystal Dental Clinic, a pioneer with over 22 years of activity in the Romanian dental market, announces a 60% increase in turnover, to 4.3 million euros, in 2024. The growth is based on patient loyalty, increasing the number of patients and attracting complex cases, in an extremely fragmented and competitive market. Thus, Crystal Dental Clinic has become one of the largest dental clinics in Romania, and it is about to open two more clinics – the first ...
The year 2024 in Competition and what to expect in 2025
Wednesday, February 12, 2025
In terms of competition, the year 2024 was marked by 2 important milestones – the first part of the year, until the appointment of the new Plenum of the Competition Council, during which the authority focused on finalizing some internal issues (rulings and other procedural matters), and the second part of the year, when the new Plenum of the Competition Council started its activity, showing the first signs of the strategy for the next two and a half ...
Clean Recycle posts 11pct increase in business after managing 125,000 tonnes of packaging waste in 2024
Wednesday, February 12, 2025
One of the leaders of the local market for the transfer of responsibility regarding packaging waste (OIREP), Clean Recycle, posted 10 million euros in 2024 turnover, up 11% compared to the previous year, for non-SGR (SGR - Return Guarantee System) materials.According to a press release, last year, the company managed 125,000 tonnes of packaging waste for the over 800 companies in its portfolio. Of this total, 75,000 tonnes were recycled, while 6,000 tonnes ...
Competition Council authorizes Ciech Soda Romania to sell assets to Aloref and Ascom International
Wednesday, February 12, 2025
The Competition Council has authorized the transaction by which Aloref SRL and Ascom International SRL intend to take over the production activity and assets related to the marketing of liquid sodium silica belonging to Ciech Soda Romania SA, according to a press release.Aloref SRL specializes in the collection, sorting, processing, transport and recovery of waste (ferrous, non-ferrous, electrical and electronic, used batteries/accumulators, plastic, paper, ...
Brand Management’s business grew by 40% last year, to RON 15 million
Wednesday, February 12, 2025
Brand Management, recorded a nearly 40% increase in turnover last year, reaching 15 million RON, compared to 10.8 million RON in 2023. This performance was driven by a growing volume of campaigns implemented and higher budgets allocated by brands for promotion in shopping centers. “In 2024, indoor advertising generated increased interest, with budgets rising by an average of 20% compared to the previous year. ...
Lion’s Head enters the Romanian logistics market with the acquisition of a 155 000 sqm site in Bucharest
Wednesday, February 12, 2025
Lion’s Head Investments announces its entry into the Romanian logistics market with the acquisition of a 155 000 sqm land plot. The company is a joint venture by AG Capital and Old Mutual Property with a real estate investment portfolio of 440 mln. Euro, part of which is Oregon Park in Bucharest. The land plot is strategically located in Pope?ti Leordeni, between DNCB (old Ring Road) and the A0 ...
Study on the factors that contribute to the success or failure of startups
Wednesday, February 12, 2025
Last year, Forvis Mazars launched the study – What is their X factor? The three ingredients of success (or failure) for startups in 2024, which looks into the factors that contribute to the success or failure of startups. Based on data from over 1,700 startups worldwide, the study offers valuable insights to guide future entrepreneurs and leaders, including those in Romania. The report ...
Leroy Merlin opens this year its second store in Iasi, in Mall Moldova
Wednesday, February 5, 2025
Leroy Merlin, a retailer specializing in construction, decoration and gardening, will open its second store in Iasi this year, in the new Mall Moldova shopping center, after leasing approximately 11,000 sqm in the project developed by Prime Kapital. The owner of the project was assisted in finalizing the lease transaction by real estate consultancy Cushman & Wakefield Echinox. The Leroy Merlin store will have an area ...
eMAG and HeyBlu announce the acquisition of Orange Money
Wednesday, February 5, 2025
eMAG and HeyBlu, a financial services company owned by the eMAG group, announce the acquisition of Orange Money, by taking over 100% of the shares. The transaction is part of eMAG’s strategy to expand the development and diversification of the financial services offered. “The acquisition of Orange Money is part of ...
Unilever closes Bulgaria factory, relocates to Romania
Wednesday, February 5, 2025

The multinational Unilever has decided to close the Denny ice cream factory in Veliko ...
Romanian named CEO of Beko Romania, Moldova, Greece, Malta and Cyprus
Wednesday, February 5, 2025
Beko Romania, the leader of the local home appliance market, announces the appointment of Marius Mihailescu as the new CEO for Romania, Moldova, Greece, Malta, and Cyprus, taking over the position on January 1, 2025, from Murat Büyükerk, who concludes his seven-year tenure leading local operations and will pursue new professional opportunities. In the 7 years spent within Beko Romania, Mr. ...
Holcim Romania appoints new director for Adjud ACA factory
Wednesday, February 5, 2025
Holcim Romania has appointed a new director to manage the ACA plant in Adjud, Vrancea County. The role of director of the ACA plant in Adjud was taken over by Adina Padurariu, who for ten years held several roles within Holcim, including that of Laboratory Manager, later moving to manage the ACA production department in the role of Production Manager. Adina graduated from ...
Competition Council reviews Rombeer Cringasu’s takeover of ADE Gas Oil
Wednesday, February 5, 2025
The Competition Council is analyzing the transaction through which Rombeer Cringasu SRL intends to take over Ade Gas Company SRL. Rombeer Cringasu SRL, a company with Romanian capital, is part of the RBC Group, active in the wholesale and retail markets of automotive fuels (gasoline, diesel and LPG), mainly in the southern area of Romania (counties of Dâmbovita, Prahova, Giurgiu, Teleorman, Calarasi, Ilfov and ...
Agroland Business System registers growth in the retail segment and production activity in 2024
Wednesday, February 5, 2025
Agroland Business System (BVB: AG), the Romanian entrepreneurial retail, agriculture, and food group that owns the largest network of agricultural stores in Romania,announces the growth of its retail segment and the production of table eggs and feed in 2024. Throughout the year, Agroland’s own stores recorded a 17% increase in the number of customers and a 3% rise in the average value of the bill compared to 2023. Regarding production activities, the poultry platform in ...
TeraPlast acquires Aquatica Experience Group
Wednesday, February 5, 2025
TeraPlast SA announces the acquisition of a 51% control stake in Aquatica Experience Group (AEG), an integrated engineering company specializing in water and wastewater treatment and management solutions, including the use of digital components. This strategic step marks a significant expansion of TeraPlast’s portfolio, transitioning from a manufacturer of water and wastewater transport solutions to a full-service provider of integrated water management ...
MedLife completes acquisition of Routine Med Group in Tulcea
Wednesday, February 5, 2025
MedLife announces the completion of the acquisition of Routine Med from Tulcea. As a result, the group is expanding its national footprint in the southeast, where it is already present with collection points, a laboratory in Constanta, as well as three hyperclinics in Constanta, Galati and Braila, being the operator with the largest ecosystem of integrated diagnostic and treatment services in ...
By 2025, evomag expects 20% more business
Wednesday, January 29, 2025

Sales of the online shop evomag reached 50 million euro in 2024 and for 2025 the company estimates a plus of 20% of the business. The online shop announces investments of 500,000 euro to make operations more efficient, to extend to international marketplaces and to develop services. "evomag is maintaining the pace of ...
Achilleas Kanaris takes over as CEO of Vodafone Greece, Nedim Baytorun named CEO of Vodafone Romania
Wednesday, January 29, 2025
Achilleas Kanaris, currently CEO of Vodafone Romania, will take over the leadership of Vodafone Greece starting April 1st. At the same time, Nedim Baytorun, currently Consumer Business Unit Director and board member, will become CEO of Vodafone Romania. Achilleas Kanaris took the CEO role of Vodafone Romania on July 1st, 2021 and during his mandate has focused on transforming Vodafone from a ...