Norofert, the leader in regenerative agriculture research and one of the largest input producers in Romania, listed on the Bucharest Stock Exchange on the AeRO market, announces the conclusion of a product distribution agreement with one of the most important distributors in Watertown, South Dakota, USA. The distribution agreement covers the South Dakota, North Dakota, and Minnesota regions. Vlad Popescu, President of the Board, Norofert: “We are committed to continuing to strengthen our presence in the US market and have signed a first contract with an important local distributor. To focus our resources and efforts efficiently, we have decided to collaborate with a distributor specialized in our product area, from the Midwest region. Under this contract, we will cover three agriculturally important states, committing to providing demonstration batches for the promotion of our products as well as technical expertise. By offering samples and practical demonstrations, we will highlight the benefits and quality of our products, building long-term partnerships with customers.” The project for Norofert to access the US market began in 2020, during which the company made significant strides, such as the homologation of a range of products, certified field testing, and the creation of a product portfolio with growth potential in the American market. Recently, Norofert announced the start of a production line for inputs and an investment of EUR 250,000 in one of the most important agricultural areas in the USA. The production will focus on the soil health and foliar nutrition range, similar to that in Romania, and will use bacteria produced in the Filipe?tii de P?dure laboratory. The investment will be carried out through Norofert AG, based in Watertown, South Dakota, in partnership with Gary Lamb, an entrepreneur with over 30 years of experience in Midwest agribusiness, with extensive knowledge of the market and farmers in the area. The construction of the production line is scheduled to begin in April.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
