Turkish heavy commercial and armored vehicle manufacturer Otokar Otomotiv ve Savunma Sanayi A.Ş has announced the agreement for the acquisition of Automecanica S.A. and its production facility of Medias, Romania, for around EUR85 million, has been signed.
Medicine sales declined by 8.3% by volume in the first quarter of 2026, but went up by 3.7% by value, to a total of RON9.4 billion, as retail drugs rose by 3.1% and medicines distributed in hospitals increased by 7.6%, in line with Cegedim data.
The Romanian leu has reached an-all time low against the euro by midday Thursday (April 30) and the central bank set the leu’s reference rate versus the euro at 5.1418 units amid a lingering political crisis that started at the end of last week.
Vantage Towers, the second largest telecom tower operator in Europe, has a EUR20 million annual investment budget for Romania.
Kandia Dulce, the biggest chocolate producer in Romania ended 2025 with RON291 million turnover, up 14% from 2024, marking the seventh consecutive year of growth.