ZF

Simtel Team Unveils Phased Transfer Of 14% Stake In ANT Power Energy To Associate Adrian-Nicolae Tita For Nearly RON4M

Fri, 17 Jul 2026 19:23:57 GMT

Simtel Team (stock symbol: SMTL), an engineering and technology group and one of the leading national players in the renewable energy sector, on June 29, 2026 signed a contract targeting the phased transfer of a 14% equity interest in ANT Power Energy to Adrian-Nicolae Tita, an existing shareholder of ANT Power, for a total price of almost RON4 million, as per a stock market report on Friday, July 17.

Nokian Tyres Europe Operations Ends 2025 With 4.5-Fold Higher Turnover Of RON421M

Fri, 17 Jul 2026 14:50:16 GMT

Nokian Tyres Europe Operations, one of the entities through which Finnish group Nokian Tyres operates in Romania, ended 2025 — the first full 12-month of production at the tire factory in Oradea — with a turnover of RON421.4 million (roughly EUR83.6 million, at the average exchange rate of 2025), up 352% from ROM93.3 million reported in 2024, as per finance ministry data.

Faurecia Romania 2025 Net Profit Up 18.5% YoY To RON43.8M

Fri, 17 Jul 2026 13:54:00 GMT

Faurecia Romania, the local subsidiary of French automotive component giant Faurecia, ended 2025 with a turnover of RON1.344 billion (EUR266.7 million), down 11.3% from RON1.516 billion (EUR304.8 million) reported in 2024, in line with calculations by Ziarul Financiar (ZF) based on finance ministry data. The company reported a net profit of RON43.8 million (EUR8.7 million) in 2025, up 18.5% from net gain of RON37 million (EUR7.4 million) reported in 2024, as per public data. Faurecia had an average number of 1,311 employees in 2025, 933 fewer people than in 2024. Faurecia has been operating in Romania since 2003. Faurecia Romania has factories in the localities of Talmaciu (car seats), Craiova (emission control systems), Mioveni (interior systems), Budesti, near Ramnicu Valcea (car seats) and Cateasca, Arges County (interior systems). In Romania, Faurecia also owns the company Euro Auto Plastic Systems SRL, established in 2002 by AD Plastik Croatia and Simoldes Plasticos based in Portugal. In January 2007, French giant Faurecia joined the company's shareholding structure by acquiring the shares from Simoldes Plasticos Portugal. Globally, Faurecia (part of Forvia Group) reported consolidated sales of EUR26.2 billion in 2025, per data on the company's website. The largest automotive components producers in Romania are Continental, Star Assembly, Autoliv, Michelin, Hella Pirelli, Bosch, Marquardt, Leoni and Yazaki, according to the ranking of auto parts manufacturers compiled by ZF.

Radisson Blu Sinaia Cota 1400 Hotel Opens On August 5, 2026

Fri, 17 Jul 2026 13:29:41 GMT

Radisson Hotel Group, in partnership with operator Premier Hospitality, will be opening the Radisson Blu Sinaia Cota 1400 hotel on August 5, 2026.

Statistics Office: Romania's Energy Output Down 2.9% YoY In January-May 2026

Fri, 17 Jul 2026 13:08:57 GMT

Romania's energy output decreased by an annual 2.9% to 6.705 million tons of oil equivalent (TOE) in January-May 2026, the country's statistics office INS announced on Friday (July 17), citing provisional data.

Statistics Office: Romania's Industrial Output Down 3.3% YoY In January-May 2026

Fri, 17 Jul 2026 12:07:08 GMT

Romania's industrial output fell by 3.3% in unadjusted data in January-May 2026 versus January-May 2025 due to drops recorded for manufacturing (-4.5%) and mining and quarrying (-1.8%), while electricity, gas, steam and air conditioning supply rose by 4.1%, data from the country's statistics office INS showed on Friday (July 17).

TUI Romania Opens Its First Brick-And-Mortar Travel Agency In Bucharest's Sun Plaza Shopping Mall

Fri, 17 Jul 2026 09:52:51 GMT

TUI Romania, part of the TUI Group, a global leader in tourism, is opening its first brick-and-mortar travel agency in Romania, located in the Sun Plaza shopping center in Bucharest.

Sphera Franchise Group Opens New Unit in Popesti-Leordeni, Reaches 112 KFC Restaurants in Romania

Fri, 17 Jul 2026 08:38:10 GMT

Sphera Franchise Group continues to expand the KFC network and is opening the first KFC restaurant in Romania operated under the Delivery Carry Out format, in Popesti-Leordeni.

tbi bank Lends EUR7.85M to Real Estate Developer REDESIGN for Stejeris Project

Fri, 17 Jul 2026 08:21:42 GMT

tbi bank has granted EUR7.85 million funding, over a 24-month period, to real estate developer REDESIGN, for the completion of the first buildings part of the second stage of Brasov Stejeris project.

Libra Internet Bank Grants RON56M Funding for CITIUS Residential Project of Cluj

Fri, 17 Jul 2026 08:12:27 GMT

Libra Internet Bank has granted RON56 million funding for CITIUS housing project of Cluj-Napoca, developed by businessman Radu Taica on the location of former industrial platform Fimaro.

Senior Software Targets 18% Turnover Growth in 2026

Fri, 17 Jul 2026 08:02:25 GMT

Senior Software, a local business software developer, eyes turnover growth of around 18% for 2026, after having reached an over 20% advance in the first quarter against the year-earlier period.

Remedium Farm Takes Over Seven Pharmacies in Constanta

Fri, 17 Jul 2026 07:54:36 GMT

Pharmacy chain Remedium Farm, built by pharmacist Viorica Gavrea in the past 30 years in Cluj county, is expanding with seven units in Constanta.

SportGuru Opens Store In Palas Iasi Mixed-Use Compound

Thu, 16 Jul 2026 23:23:24 GMT

SportGuru, one of the biggest Romanian sportswear retailers and wholesalers, has opened a store in the Palas Iasi mixed-use compound, being its first location in Romania's northeastern region and the eighth in the country.

European Investment Bank Approves EUR800M Loan For Romania's Cernavoda Unit 1 Refurbishment

Thu, 16 Jul 2026 19:26:16 GMT

Nuclearelectrica (stock symbol: SNN), the operator of Romania's Cernavoda nuclear power plant (NPP), on July 16 announced that the European Investment Bank (EIB) has approved a EUR800 million loan for the modernization project of Unit 1 of the Cernavoda Nuclear Power Plant.

Finance Ministry Raises RON948M From Banks Via Two Bond Issues On July 16

Thu, 16 Jul 2026 18:49:11 GMT

Romani's finance ministry raised RON948 million on the domestic market on Thursday, July 16, selling government paper in two auctions, which is below the planned amount of RON1.2 billion.

IKEA Opens Plan & Order Point In Bucharest's Grand Arena Shopping Mall

Thu, 16 Jul 2026 17:41:32 GMT

Swedish furniture retailer IKEA is expending its foothold in Romania's capital city of Bucharest where is set to open a new Plan & Order Point, within the Grand Arena shopping mall.

Prima Development Group Secures EUR37M Loan From Banca Transilvania For Residential Project In Eastern Bucharest

Thu, 16 Jul 2026 14:02:02 GMT

Oradea-based real estate developer Prima Development Group has obtained EUR37 million financing from Banca Transilvania for the construction of the first two phases of the Prima Solis residential compound developed on the former Antrefrig platform in eastern Bucharest.

Graffiti Plus Becomes First Communication Agency In Romania To List On Bucharest Stock Exchange

Thu, 16 Jul 2026 13:44:00 GMT

Graffiti Plus S.A. (GRF+), a communication and brand marketing consultancy firm in Romania, debuted on Thursday, July 16, on the AeRO market of the Bucharest Stock Exchange (BVB).

Nuclearelectrica Officially Confirms SMR Project In Doicesti Goes Ahead Unchanged

Thu, 16 Jul 2026 13:28:00 GMT

Nuclearelectrica (stock symbol: SNN), the operator of Romania's Cernavoda nuclear power plant (NPP), has announced in a stock market report that the development of the U.S.-backed Small Modular Reactor (SMR) project in Doicesti will continue under its existing implementation strategy after shareholders rejected a proposal to reassess the project.

Filip & Company Assists Digi With Digi Spain Listing On Spanish Stock Exchange, The First IPO Of A Romanian Company On Spanish Capital Market

Thu, 16 Jul 2026 10:18:49 GMT

Law firm Filip & Company provided legal assistance to the Digi group in relation to the initial public offering (IPO) and listing of shares of Digi Spain Telecom S.A.U., the group’s Spanish subsidiary, on the stock exchanges in Barcelona, Bilbao, Madrid, and Valencia.