Found 19978 news
Verde Magnesium, which develops the magnesium mining project in Budureasa area, intends to open the first production units during 2027. This will mark the start of metallic magnesium production in Romania, in a project likely to become a major one in Europe in the field of rare earths.
Sphera Franchise Group (SFG), the operator of KFC, Pizza Hut and Taco Bell in Romania, forecasts over RON100 million investments in 2026, with the funds set to be mainly directed to the opening of new restaurants and the refurbishment of the existing network.
Chinese giant Xiaomi, one of the world’s largest electronics producers, is stepping up expansion on the traditional retail segment, planning to open new physical stores on Romania market this year.
OVES Enterprise, Romanian software development company with expertise in building complex software solutions and AI innovations for the aerospace, defense and cybersecurity industries, contributes through its Nemesis AI technology to enhancing the capabilities of the EAGLS™ counter-drone systems developed by MSI Defense Solutions and currently deployed by the U.S. Army in the Middle East to protect forces engaged in operations.
Raiffeisen Bank Romania and InnovX have completed the selection process within MagicMoon, the spinoff of MoonShotX dedicated to entrepreneurs aged below 30, founders of companies with turnover or raised investments of as much as EUR1 million aiming to expand internationally.
Romania's top oil and gas group OMV Petrom (stock symbol: SNP) on March 11 announced its entry into the exploration consortium for the Han Tervel offshore block in the Bulgarian Black Sea.
Private healthcare operator MedLife (stock symbol: M) has announced the first preliminary results of clinical validation from its genomics study, part of the Longevity100+ program, which aims to explore the role of genetic testing in preventive medicine.
Rompetrol Rafinare, the operator of Petromidia refinery, has started production of a new polymer type, Polypropylene Random Copolymer, with a view to portfolio diversification and covering car and food industry demand.
Engie Romania, the largest natural gas distributor and supplier locally, is in talks to lease a space of around 4,000 square meters in Matei Millo Offices building of downtown Bucharest, where the company intends to open an IT center, in line with real estate market sources.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) fell by 9.1% in unadjusted data and by 6.5% when adjusted for seasonality and number of working days, in January 2026 compared to January 2025, the country’s statistical office INS said on Wednesday (March 11).
HELLENIq Renewables, the renewable energy subsidiary of Greek company HELLENIq ENERGY, has taken over two photovoltaic parks in southern Romania, with combined installed capacity of 58 MW, and is starting commercial operations.
METRO Romania, one of the most powerful players in the local food retail, has announced it would continue developing the LaDoiPasi network, which is set to reach around 3,000 stores in 2026, from over 2,800 at present.
Dai-Tech SA, the Timisoara-based company that owns the nJoy brand of electrical protection equipment and solutions, posted about RON37.68 million revenue in 2025, an increase of 16.8% on the more than RON32.2 million in 2024.
Delivery Solutions, a company that operates parcel delivery brand Sameday and is part of the Dante International Group, which is behind retailer eMAG, has increased the share capital of subsidiary Delivery Solutions International by more than RON62 million by contribution in cash and by converting receivables, according to a shareholder decision on August 5, 2025, published in the Official Gazette.
Romania's Competition Council is assessing the notified acquisition of Romanian defense company Automecanica S.A. by Turkish heavy commercial and armored vehicle manufacturer Otokar Otomotiv ve Savunma Sanayi A.Ş.
Dante International, the company operating the eMAG platform, has increased by RON152 million the share capital of HeyBlu Financial Services IFN, part of the eMAG Group, per shareholders' decision recently published in the Official Journal of Romania.
Mark Twain International School, part of educational platform Romania Education Alliance, will start building a new flagship campus in Balotesti, near Bucharest, with the investment valued at around EUR30 million.
Novarion DMX Construction, a Sibiu-based builder with a portfolio of 150,000 square meters built, posted RON68 million turnover in 2025, up 150% from 2024.
HORNBACH Romania, one of the leading building materials retailers in the local market, has completed an investment of around EUR4 million in its store in Sibiu, aiming to boost the building's energy efficiency and significantly expand its garden department.19978 items