Found 21128 news
Romania's budget deficit reached 1.75% of gross domestic product (GDP) in January-May 2026, according to official sources, which is significantly lower than 3.39% of GDP recorded in the same period of 2025.
Bitdefender, a leading IT companies in Romania, which has become a major global player on the cybersecurity segment, ended 2025 with record high RON1.82 billion turnover (EUR360.5 million) at the level of its main local entity, up 8.6% from 2024, and net profit of RON217.6 million (EUR43.2 million).
The assets of ETF Energie Patria - Tradeville reached RON100.1 million on 23 June 2026, up 283.5% over the previous 12 months and by more than 15 times over the past three years (both periods ended 31 May 2026).
OMV Petrom has received the fourth and final module of the 20 MW electrolyzer set to produce green hydrogen at Petrobrazi refinery, marking a new stage in the project whereby the company is developing one of the largest green hydrogen production capacities in Romania.
Law firm Filip & Company has legally assisted Latvian group Digmatix in acquiring Romanian company Elian Solutions and its subsidiary Elian Development Systems, a deal whereby the provider of Microsoft Business Applications solutions has entered the Romanian market and strengthens its CEE footprint.
US giant Oracle has this morning announced in Bucharest it will make a new reshuffling move: 500 employees will be laid off immediately, as part of a global restructuring and business model change, in the face of AI upheaval.
Terapia Cluj, the largest local drug producer by volumes and the second largest by financial results, ended 2025 with RON1.5 billion turnover, after an increase of around 11% from 2024.
Nokian tire plant of Oradea, a total EUR650 million investment, has reached 560 employees and hiring will continue, as the company is planning the second expansion phase.
Artoil, a fuel supplier based in Timişoara and owned by entrepreneurs Alexandra and Alex Bunceanu, posted RON1.360 billion (about EUR270 million) revenue in 2025, up 63.1% from the previous year’s RON833.6 million (EUR167.6 million), according to ZF’s calculations based on Finance Ministry data.
Airbag manufacturer TRW Automotive Safety Systems, part of Germany’s ZF Group, posted RON1.414 billion (EUR280.5 million) revenue in 2025, down 7.8% from the previous year’s RON1.535 billion (EUR308.6 million), according to ZF’s calculations based on Finance Ministry data.
Simtel Team (stock symbol: SMTL), an engineering and technology group and one of the leading national players in the renewable energy sector, has announced in a stock market report on June 24 the Board of Directors' decision to approve the initiation of a company reorganization process through a partial demerger.
Romania’s budget revenue is expected to go up to 36.7% of GDP in 2026, the highest level in recent years and above the 34% of GDP average in 2020-2025, the European Commission says in its Convergence Report 2026.
Romania’s budget revenue is expected to go up to 36.7% of GDP in 2026, the highest level in recent years and above the 34% of GDP average in 2020-2025, the European Commission says in its Convergence Report 2026.
Industrial and logistics space developer CTP continues to expand the projects in its Romanian portfolio and is investing in the construction of a new 10,300-square meter surface area for FM Logistic within CTPark Bucharest, located in the locality of Dragomiresti-Vale.
Corrugated cardboard manufacturer Vrancart (stock symbol: VNC) has announced in a stock market report on June 24 that the company's deputy General Manager Marius Nica will take over as General Manger starting June 29, 2026.
Restaurant chain Spartan ended 2025 with a network-wide turnover of over RON270 million, of which RON145 million came from the company-owned restaurants and RON125 million from the franchise network.
In 2025, Romania attracted foreign direct investment (FDI) worth EUR8.1 billion, the number of projects announced grew by 16% to 109 and FDI-generated employment rose by 39%, creating 5,710 jobs, according to the EY Attractiveness Survey Romania 2026.
Fortech Ventures is changing its name to Nucleo Venures and is launching a EUR34 million investment fund for startups and innovative companies of Romania and CEE, of which EUR23.5 million are secured by ADR Nord-Vest.
Premier Energy PLC has signed a bridge facility agreement worth up to EUR825 million with J.P. Morgan and UniCredit, with the funds set to be used for the acquisition of Evryo group, including its electricity distribution subsidiary, Distributie Energie Oltenia S.A., as well as to refinance approximately €100 million of current indebtedness.
EPAM Systems International SRL, the local subsidiary of US software engineering and digital services giant EPAM Systems, ended 2025 with turnover worth RON211 million (EUR41.8 million), up 27.2% from 2024.21128 items