Found 20357 news
Technology company IT Genetics (ITG.RO), recently listed on the AeRO market of the Bucharest Stock Exchange, ended the first quarter of 2026 with a net consolidated loss of RON406,000 compared with a loss of RON156,000 in year-ago period, it said in a report to the Bucharest Stock Exchange on Friday.
Dutch-held NN Group N.V, sold OMV Petrom (SNP.RO) shares and now owns 4.94% in the company or 3.07 million shares, valued at some RON3.2 billion at a current price of RON1.045 each, after its stake dropped below 5% on May 20, 2026. It had previously reported a 5.03% interest.
AFI Properties of Israel is acquiring MAS’ retail parks in Ploiesti, Zalau, Roman, Baia Mare, Sfantu Gheorghe, and Barlad. MAS is shifting its strategy, seeking to partially exit the real estate sector and the markets where it currently operates.
MR.DIY, one of Asia’s largest home and lifestyle retailers, has opened its first store in Bucharest, in the GRAND ARENA Shopping Mall, thus marking a new phase in its expansion in Romania.
Romania’s industrial sales (on the domestic and external markets) dropped in the first three months of the year, in nominal terms, by 2.1%, in the wake of declines registered in the mining industry, by 4.5%, and the processing one, by 2%, in line with the country’s statistics office INS.
Nuclearelectrica, Romania’s sole nuclear power producer, for the first quarter of 2026 reported RON887.8 million individual net profit, 72.8% higher than in the similar period of 2025.
Sphera Franchise Group, the operator of KFC, Pizza Hut and Taco Bell, in the first quarter of 2026 posted RON378 million sales, up 4.2%, and RON5.4 million net profit, down 30%, amid rising operating costs and the expansion process.
Chemicals producer Chimcomplex reported a RON48.1 million net loss in the first quarter of 2026 after a 22.7% turnover decline and as sold volumes dropped by a third.
Banca Transilvania ended the first quarter of 2026 with consolidated net profit of RON1.14 billion, up 30.1% from the year-earlier period amid rising interest and fee revenues.
The Romanian subsidiary of German software giant SAP has for the first time crossed the RON700 million turnover threshold and the 1,000-employee one.
Alka Trading Co, a leading snacks producer locally, for 2025 reported turnover worth RON590.1 million (EUR117 million), up 8.1% from 2024, in line with ZF calculations based on Finance Ministry data.
Romania’s insurance market, which numbers about 40 insurers, including branches, ended 2025 with a total volume of gross written premiums of RON25.8 billion, an increase of 10% on 2024.
Romania’s construction output rose by 6.8% on the year in the first three months of 2026, the country's statistical office, INS, announced on Thursday (May 21), citing working-day adjusted data.
Romania’s largest state-run company Hidroelectrica (H2O.RO) on May 21 signed a EUR188.5 million contract for the refurbishment of Raul Mare Retezat Hydropower Plant, a strategic project aimed at modernizing and improving the efficiency of the company’s generation capacities.
URBANO Shopping & Living, the largest retail park in Transylvania, located in the town of Floresti in the Cluj metropolitan area, opened on Thursday following an investment of more than EUR40 million by the URBANO Group.
Romania's Finance Ministry has raised almost RON1.5 billion from banks on Thursday (May 21), selling benchmark bonds in two auctions.
Electronic device manufacturer Visual Fan (stock symbol: ALW), which owns the Allview brand, ended the first quarter of 2026 with net profit of nearly RON7 million, over 17-fold higher than the RON392,000 net gain reported in the first quarter of 2025, per the company's quarterly financial report.
The European Commission published the spring forecast on Thursday and significantly revised Romania’s economic growth forecast downwards to merely 0.1% in 2026 compared with 1.1% estimated in the fall.
The Foreign Investors Council (FIC) has elected its new Board of Directors for the 2026–2027 mandate, within the General Assembly held on May 19.
Foreign direct investment (FDI) in Europe declined in 2025, marking a phase of slowdown and structural transformation in the investment landscape.20357 items