ZF

Airbag Maker TRW Automotive Safety Systems Posts 6.3% Growth In Net Profit To Over RON21M In 2025

Wed, 24 Jun 2026 20:20:33 GMT

Airbag manufacturer TRW Automotive Safety Systems, part of Germany’s ZF Group, posted RON1.414 billion (EUR280.5 million) revenue in 2025, down 7.8% from the previous year’s RON1.535 billion (EUR308.6 million), according to ZF’s calculations based on Finance Ministry data.

Simtel Team Sets Off Group's Reorganization Process Via Partial Demerger

Wed, 24 Jun 2026 18:14:34 GMT

Simtel Team (stock symbol: SMTL), an engineering and technology group and one of the leading national players in the renewable energy sector, has announced in a stock market report on June 24 the Board of Directors' decision to approve the initiation of a company reorganization process through a partial demerger.

European Commission: Romania’s Budget Revenue Tor Each Highest Level In Years, Almost 37% Of GDP In 2026

Wed, 24 Jun 2026 16:35:27 GMT

Romania’s budget revenue is expected to go up to 36.7% of GDP in 2026, the highest level in recent years and above the 34% of GDP average in 2020-2025, the European Commission says in its Convergence Report 2026.

CTP Expands FM Logistic's Facility At CTPark Bucharest By An Additional 10,300 Sqm

Wed, 24 Jun 2026 15:26:16 GMT

Industrial and logistics space developer CTP continues to expand the projects in its Romanian portfolio and is investing in the construction of a new 10,300-square meter surface area for FM Logistic within CTPark Bucharest, located in the locality of Dragomiresti-Vale.

Marius Nica To Take Over As General Manager Of Vrancart As Of June 29

Wed, 24 Jun 2026 13:43:11 GMT

Corrugated cardboard manufacturer Vrancart (stock symbol: VNC) has announced in a stock market report on June 24 that the company's deputy General Manager Marius Nica will take over as General Manger starting June 29, 2026.

Restaurant Chain Spartan Overshoots RON270M Turnover In 2025, Readies Investments Worth Over RON15M In Chain Expansion

Wed, 24 Jun 2026 11:07:53 GMT

Restaurant chain Spartan ended 2025 with a network-wide turnover of over RON270 million, of which RON145 million came from the company-owned restaurants and RON125 million from the franchise network.

EY: Foreign Direct Investment Inflows Into Romania Rebounded To EUR8.1B In 2025

Wed, 24 Jun 2026 10:39:06 GMT

In 2025, Romania attracted foreign direct investment (FDI) worth EUR8.1 billion, the number of projects announced grew by 16% to 109 and FDI-generated employment rose by 39%, creating 5,710 jobs, according to the EY Attractiveness Survey Romania 2026.

Fortech Ventures Becomes Nucleo Ventures, Launches EUR34M Investment Fund for Startups with ADR Nord-Vest

Wed, 24 Jun 2026 08:57:18 GMT

Fortech Ventures is changing its name to Nucleo Venures and is launching a EUR34 million investment fund for startups and innovative companies of Romania and CEE, of which EUR23.5 million are secured by ADR Nord-Vest.

Premier Energy Inks up to EUR825 Bridge Facility Agreement with J.P. Morgan and UniCredit for Evryo Acquisition

Wed, 24 Jun 2026 08:44:00 GMT

Premier Energy PLC has signed a bridge facility agreement worth up to EUR825 million with J.P. Morgan and UniCredit, with the funds set to be used for the acquisition of Evryo group, including its electricity distribution subsidiary, Distributie Energie Oltenia S.A., as well as to refinance approximately €100 million of current indebtedness.

EPAM Systems Rakes In RON211M Turnover in Romania, but Profit Halves

Wed, 24 Jun 2026 08:25:50 GMT

EPAM Systems International SRL, the local subsidiary of US software engineering and digital services giant EPAM Systems, ended 2025 with turnover worth RON211 million (EUR41.8 million), up 27.2% from 2024.

Insolvent Ferma Agricola Serban Sells Bacau and Vaslui Poultry Platforms to Sagem for EUR16.5M

Wed, 24 Jun 2026 08:02:46 GMT

Grup Serban Holding announced its subsidiary Ferma Avicola Serban completed the sale of a portfolio of real estate and operating assets located in Bacău and Vaslui counties, consisting of land plots, buildings, installations and equipment related to poultry farming activities to Sagem S.R.L., the poultry production firm part of Vaslui group Familia Safir, for EUR16.5 million VAT non-included.

Automotive Locking System Manufacturer Huf Romania Returns To Profit In 2025

Tue, 23 Jun 2026 20:19:15 GMT

Huf Romania, a manufacturer of automotive locking systems part of Germany’s Huf Group, posted about RON856 million (EUR169.8 million) revenue in 2025, up 12.5% from the previous year’s RON760.3 million (EUR152.8 million), according to ZF’s calculations based on Finance Ministry data.

Fuel Supplier Smart Diesel Sees 29.4% Drop In Revenue To RON978.8M In 2025

Tue, 23 Jun 2026 19:35:49 GMT

Arad-based fuel supplier Smart Diesel, established by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre and fully acquired by Germany’s DKV Group two years ago, posted RON978.8 million (EUR194.2 million) revenue in 2025, down 29.4% from the previous year’s RON1.387 billion (EUR278.8 million), according to ZF’s calculations based on Finance Ministry data.

Electrica Signs EPC Contract For Development Of Satu Mare 3 Photovoltaic Project

Tue, 23 Jun 2026 17:26:00 GMT

Electrica Group (stock symbol: EL), the most powerful player in energy distribution and supply, has announced the signing of an engineering, procurement & construction (EPC) contract by its wholly owned subsidiary, New Trend Energy S.R.L., for the development of the Satu Mare 3 photovoltaic (PV) project.

Dristor Kebap Seeks To Raise EUR1M Via SeedBlink Listing

Tue, 23 Jun 2026 16:29:39 GMT

The Dristor Kebap Group announces the official launch of its investment campaign on the SeedBlink platform, through which investors can participate in the company’s next stage of development with a minimum investment of EUR2,500.

PwC Romania Appoints Gabriel Voicila As Head Of Business Consulting Division

Tue, 23 Jun 2026 14:40:16 GMT

PwC Romania has appointed Technology Partner Gabriel Voicila as head of the Business Consulting Division, effective July 1, 2026.

Competition Watchdog Greenlights Carrefour Romania Takeover by Dedeman’s Paval Brothers

Tue, 23 Jun 2026 08:50:04 GMT

The Competition Council has okayed the deal whereby Paval Holding, the investment vehicle controlled by Dragos and Adrian Paval, Dedeman owners, intend to take over Carrefour’s Romania operations.

tbi bank Grants EUR7.5M Loan to Real Estate Developer Astorium to Continue Housing Project in Bucharest’s Pallady Area

Tue, 23 Jun 2026 08:44:07 GMT

tbi bank has granted EUR7.5 million funding to Astorium Construct Investment to continue the second phase of housing project Astorium Life of Bucharest’s Pallady area.

Auchan Romania Okays IT Arm Separation into New Company via Partial Spin-Off

Tue, 23 Jun 2026 08:28:19 GMT

Auchan Romania, one of the biggest retailers locally, has approved the partial spin-off via which it separates its internal IT division into a newly founded company, Auchan EBS- S.R.L.

Orange Retains Leading Position in Romania Telecom Market in 2025

Tue, 23 Jun 2026 08:19:10 GMT

The subsidiary of French group Orange in 2025 kept its leading position in the local telecom market, with a 33% share of a market with revenues of RON16 billion (EUR3.2 billion), ahead of Digi (32%) and Vodafone (23%), in line with data provided by market watchdog ANCOM.