The central Targu-Mures based Azomures company announced on Monday that it could resume the production of fertilizers for agriculture with the launch of the European package of support for energy-intensive industries, but the schedule for restarting the facilities also depends on availability of gas for the Romanian market."The European Commission has recently adopted an economic support package, aimed directly at farmers and energy-intensive companies such as the fertilizer industry. According to data presented in Brussels, energy-intensive fertilizer companies can benefit from support of up to 50 million euros to balance the costs of energy, natural gas for fertilizer producers. For Azomures, this aid would cover the difference between the purchase price of natural gas and the cost of producing fertilizers," Azomures showed in a press release."According to the schedule, half of the production facilities will be started in the first phase. The start-up of the other facilities is scheduled for May. The start-up schedule and a fair price for natural gas would allow the production of about 600,000 tonnes of fertilizer, to cover part of the fertilization needs of Romanian farmers in the autumn agricultural campaign, essential for next year's crops. With the resumption of the fertilizer production activity, Azomures reaffirms its support for the backing of the Romanian agriculture and of the national economy by maintaining in operation an extremely valuable economic chain in which tens of thousands of employees are involved," the press release of manufacturer Azomures further affirms.In mid-December 2021, the largest producer of agricultural fertilizers in Romania, Azomures, announced the shutdown of facilities on the platform due to high energy prices. Azomures's annual production, under normal operating conditions, is 1.6 million tonnes of fertilizer, and approximately 75 percent of this production was intended for Romanian farms.
NATO Secretary General Mark Rutte tried to calm security worries during his visit to Bucharest, saying the Alliance’s commitment to Romania remains strong, even after recent changes to the US troop presence. Standing next to president Nicuşor Dan on Wednesday, November 5, Rutte stressed that NATO fully understands Romania’s strategic importance on the eastern...
During the General Meetings of Shareholders of EVERGENT Investments held on October 29, 2025, all proposals submitted by the Board of Directors and included on the agenda were approved by a large majority. The main resolutions adopted were: the implementation of a share buyback program for up to 43,300,000 own shares, to be carried out […]
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
