Power Net Consulting Sees Turnover Soar 108% to RON84M in 2025 YOYPower Net Consulting, a company specializing in providing IT security, digitalization and IT infrastructure solutions, in 2025 posted turnover of RON84.4 million (EUR16.7 million), up around 108% from 2024.
Romania sets up anti-drone system in Port of Constan?aAn anti-drone system has been set up in the Port of Constan?a, Romania's main access point to the Black Sea, allowing for the localization of the aircraft and the pilot’s position, as well as the controlled takeover of the drone and its redirection to a safe area, according to a press release (…)
Jaeggi Industries 2025 Net Profit Rises 2.6 Times to over RON465MJaeggi Industries, part of German group Güntner, which owns a home appliance part plant in Cristian locality of Sibiu county, for 2025 reported turnover worth RON465.8 million (EUR92.4 million), up 15.6% from 2024, in line with ZF calculations based on Finance Ministry data.
TTS Budgets Return to Profit in 2026Danube freight forwarder Transport Trade Services (TTS) has published the 2026 revenue and expenditure budget, a document that anticipates a significant rebound after the group ended 2025 with a consolidated loss for the first time.
Romanian president reportedly sees no political normalisation before JuneRomania is likely to remain under a caretaker government led by interim prime minister Ilie Bolojan for more than a month, according to Digi24, which cited sources familiar with the plans of president Nicu?or Dan. The report suggests the head of state no longer expects a rapid resolution to the (…)
Largest Polish pharma group Polpharma to take over Romania's Biofarm at EUR 270 mln valuationRomanian pharmaceutical company Biofarm (BVB: BIO), listed on the Bucharest Stock Exchange, is to be subject to a voluntary public takeover offer by Zak?ady Farmaceutyczne Polpharma, the largest Polish drug manufacturer. Romanian investment funds Longshield Investment Group and Lion Capital, (…)
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