The European Bank for Reconstruction and Development (EBRD) and Romanian FMCG transporter Aquila have agreed to the terms of a EUR 5 mln loan extended by the bank along with an option to buy shares of up to another EUR 5 mln from the group's founders - C?t?lin Vasile and Alin Dociu. The financing package thus amounts to EUR 10 mln. The proceeds from the loan will enable Aquila to finance the expansion of its portfolio of brands (currently including 'Gradena' refrigerated vegetables and 'Yachtis' refrigerated fish and seafood), new warehouse automation, a new ERP system, as well as other working capital and capital expenditures needs, the EBRD says in a press release. These investments will improve the reach of Aquila's brands, as well as improve warehouse productivity and help the company enhance its digitalisation. Aquila Part Prod Com (Aquila) is the largest FMCG distributor in Romania and the Republic of Moldova, delivering to 67,000 selling points. It operates a network of 14 distribution centers and a fleet of over 1,600 vehicles. The company's turnover reached EUR 370 mln in 2020, according to Ziarul Financiar.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
