Erste Group has revised Romania’s 2026 economic growth forecast to 1% from 2.1% previously, after the flash estimates for the fourth quarter of 2025 released by Romania’s National Statistics Institute (INS) on Friday showed worse than expected contraction and confirmed the economy had slid into technical recession.
Patria Bank for 2025 reported rising commercial activity on the legal persons and retail segments, in line with provisional data on the main operational indicators on December 31, 2025.
Building materials wholesaler Temad of Brasov, controlled by Madar family, in 2025 generated EUR52 million turnover, up 3% from 2024, and this year counts on EUR54 million.