Found 20357 news
The European Bank for Reconstruction and Development has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States.
Romania's current account deficit decreased to EUR5.3 billion in January-March 2026, EUR815 million below the level recorded in January-March 2025, central bank data showed on Monday (May 18, 2026).
Aquila (AQ.RO), one of Romania’s largest distributors of fast-moving consumer goods, has confirmed that it is in the due diligence phase for the acquisition of a distributor with annual revenue of EUR36 million and an EBITDA of EUR4.1 million, without disclosing the identity of the target.
Fitch Ratings has upgraded Banca Transilvania's long-term issuer default rating (IDR) from "BBB-" to "BBB," one notch above Romania's sovereign rating.
Alezzi Group, a real estate developer based in Constanta, has finalized the transfer of its concrete production operations to Heidelberg Materials Romania, one of the world’s largest producers of construction materials.
The shares of IT Genetics, a Romanian tech company specializing in digital automation and operational efficiency for businesses, will start trading on the AeRO market of the Bucharest Stock Exchange on May 20, 2026, under the ITG ticker.
Romania hotel industry ended 2025 with EUR2.2 billion estimated turnover, up 16% from 2024, but the advance was mainly supported by rising tariffs and the premium segment, as total demand started to slow, points out a report drawn up by Crosspoint Real Estate, Savills’ international partner in Romania.
Romania has in the past five years registered one of the highest growth rates in the number of persons with fortunes of above $30 million fortunes globally, of 93%, now having 749 millionaires, reveals The Knight Fran Wealth 2026 report.
Keysight Technologies RO (the former Ixia), the local subsidiary of the US company of the same name, in 2025 posted turnover worth RON189.7 million (EUR37.6 million), up around 10% from 2024.
Tineco, the Chinese brand known for its smart cleaning devices, wants to triple sales on the Romanian market in 2026, after a first year of official presence when the company sold thousands of units, with the average price of sold models standing at RON2,000.
Frigorifer, a vegetable processor with Casa Taraneasca brand in its portfolio, ended 2025 with turnover worth RON82.8 million (over EUR16 million), up 20% from 2024.
State-owned IAR Brasov, which produces and repairs spare parts for helicopters, in the first three months of 2026 posted RON30.6 million net profit, almost double the year-earlier level.
Conpet Ploiesti (COTE.RO), a national crude oil transporter via pipelines and tank cars, ended the first quarter of 2026 with RON2.2 million net profit, down from RON11.7 million in the first quarter of 2025.
Electromagnetica, a company with roots in the electrical engineering industry that is currently repositioning itself toward the management and leasing of commercial and industrial spaces, posted RON3.5 million net profit in the first quarter of 2026, compared with a loss of RON1.4 million in the first quarter of 2025.
Romania's central bank has decided in its Board meeting on Friday (May 15, 2026) to keep its key interest rate unchanged at 6.5% a year.
Romania’s total electricity production increased by 8.8% in the first quarter of 2026 compared with the same period in 2025, while imports fell by 15% and final consumption was 2.2% lower, National Institute of Statistics (INS) data show.
Connections Consult, an IT solution and services provider, generated RON7.9 million net profit in January-March 2026, around 10 times higher than in Q1/2025, while its gross margin climbed from 7% to 36%.
Alternative investment fund Infinity Capital Investments for the first three months of 2026 reported RON1.8 million losses, from a RON1.2 million negative result in Q1/2023, as the company’s revenues are derived principally from dividends received from portfolio issuers, and no dividends were distributed during the first quarter of 2026.
Telecom operator Digi Communications for the first three months of 2026 reported EUR583 million revenues, up 10%, and EUR161 million adjusted EBITDA, 15% higher.
Romgaz posted RON973 million consolidated net profit in the first quarter of 2026, 2.33% higher than in the year-earlier period.20357 items