IAR Brasov Net Profit Shrinks 44% In H1, 2025
Aug 29, 2025
IAR Brasov Net Profit Shrinks 44% In H1, 2025.
State-run IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, saw its net profit shrink 44% to RON8 million in the first half of 2025.
Clifford Chance Strengthens Litigation Practice By Adding Remus Codreanu As PartnerClifford Chance Badea, the local office of global law firm Clifford Chance, continues to expand its senior team by adding Remus Codreanu as Partner in its Litigation practice (L&D), which includes the areas of White Collar and Strategic Risk Management, Arbitration, and Commercial Litigation.
DIY retailer Hornbach opens fourth store in Bucharest, plans network expansionDIY retailer Hornbach announced the opening of its fourth store in Bucharest, the tenth in the company's local network, following a EUR 48 million investment. The amount also includes the initial stock of goods. The store, located in the Colentina neighborhood of Bucharest, is built on a plot (…)
PPC launches first Power BOX fast charging station in RomaniaThe PPC Group has unveiled its first Power BOX in Romania, a fast-charging station for electric vehicles powered entirely by renewable energy from a photovoltaic park. The solution is available free of charge to all electric vehicle users, the company said. Located near Uzunu in Giurgiu county, (…)
Celco Constanta Takes Over Prefab Bucuresti in RON65M DealBuilding materials Prefab Bucuresti has changed its majority shareholding structure in a RON65 million deal in which Celco SA of Constanta, controlled by businesspeople Niculae and Ion Dusu, has bought the stakes sold by entrepreneur Petre Milut and investor Andrei Carol Stieber.
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