Maspex Romania has submitted documentation to the Romanian Financial Supervisory Authority (ASF) for a voluntary takeover bid of a majority stake in Purcari Wineries.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
Romania's Competition Council has conducted unannounced inspections at the headquarters of six major retail chains operating in the country's food product market.
Greenvolt Next, part of the Greenvolt Group, has completed a new photovoltaic power plant.
Rompetrol Rafinare has announced the completion of a major stage in its tank farm rehabilitation and modernisation program at the Petromidia refinery.
Fitch Ratings has decided to maintain the BBB- credit rating with a negative outlook (Investment Grade) for state-owned gas producer Romgaz.