Farmavet Group, which owns production, distribution and retail operations in the sector of pet and farm animals, controls 10% of a total of 2,100 veterinary pharmacies in Romania.
The shareholders of Electrica (stock symbol: EL), a leading player on Romania electricity wholesale and supply market, on April 29 approved a bond issuance program within the limit of an aggregate ceiling of EUR1 billion, which will be carried out between 2026 and 2027, as per stock market data.
The Romanian leu has dropped to 1-year low against the euro by midday Wednesday (April 29) and the central bank set the leu’s reference rate versus the euro at 5.1004 units amid political stability over the last days.
More than 1,600 companies in Romania went into default in the first quarter of 2026, piling debts of around RON2.74 billion and affecting over 7,000 employees, amid mounting liquidity pressures, reveals a Sierra Quadrant analysis.