Concelex continued to grow in 2025: revenue of RON 1.5bn and net profit up 33%Concelex, a leading Romanian construction company, recorded RON 1.48 billion revenue in 2025, a 17% increase compared to the previous year. At the same time, the company improved its profitability, reporting a net profit of RON 202 million, up 33% compared to 2024. This performance was driven by (…)
Romania among EU leaders in mortgage affordability, but household debt pressures remainRomania entered the top five EU countries with the cheapest mortgages this year, taking into account average wages and the costs of buying a one-bedroom apartment through a mortgage loan, according to a report issued by the online broker Ipotecare.ro. The average monthly instalment on the (…)
Romanian table tennis player Bianca Mei-Ro?u wins gold at European U21 ChampionshipsRomanian table tennis player Bianca Mei-Ro?u won the gold medal on Sunday, June 21, in the women’s singles event at the European U21 Championships in Cluj-Napoca, central Romania. The 19-year-old Romanian won her first three matches in Group 4, with a score of 3-0, without losing a single set, (…)
BVB-listed Romanian IT company Bittnet Systems marks exit from Elian SolutionsBittnet Systems, an IT company listed on the Bucharest Stock Exchange, announced the sale of its 61.68% stake in software provider Elian Solutions to the Latvian company Digmatix AS. The total value of the transaction reached EUR 6 million. According to a report published on the BVB, Bittnet (…)