OMV Petrom, the largest company in Romania and most valuable firm listed at the Bucharest Stock Exchange, ended 2025 with RON36.6 billion sales revenues, up 2%, but net profit slid to around RON3 billion, down 27% from 2024, mainly due to net impairments of other financial assets and tangible assets in Exploration and Production segment, but also amid rising taxation on the upstream segment.
OMV Petrom, the largest company listed at the Bucharest Stock Exchange by capitalization, has proposed to its shareholders a total gross dividend of RON0.058 per share for the 2025 financial year and paid in 2026, down 10.2% from the previous year.
Wizz Air, the largest local airline, will launch two new flights from Cluj-Napoca airport from the summer season to Malta and Dubrovnik, Croatia.
Jewelry retailer TEILOR plans to open two or three stores in Romania in 2026 and consolidate its presence on the Bulgarian market, with an investment budget of approximately EUR1 million, the same as last year's.
Aerospace industry company Avioane Craiova (AVIO.RO) has called shareholders for March 9 to decide on extending a RON300 million loan facility, maintaining guarantees, selling some industrial assets and approving the reorganization and financial restructuring plan, it said in a report to the Bucharest Stock Exchange.