Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar.
Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
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).
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.