ZF

CITR: Number Of Insolvencies Among Companies With Over EUR4M Assets Up Almost Tenfold In Q1, 2026

Mon, 25 May 2026 11:10:05 GMT

The number of large companies that went insolvent rose sharply in the first quarter of 2026, which shows the economic pressure had been spreading in the economy, according to a report by CITR, market leader in the insolvency and restructuring business in Romania.

Biofarm Board of Directors Backs Company Takeover by Polpharma

Mon, 25 May 2026 09:26:30 GMT

Biofarm Board of Directors on Monday published the official position about the voluntary tender offer launched by Polish group Zakłady Farmaceutyczne Polpharma S.A, supporting the deal and explaining to the minority shareholders what will happen with the issuer once it is no longer controlled by current shareholders.

Furniture Maker Elvila Narrows Losses in Q1/2026 To RON1.65M

Mon, 25 May 2026 08:46:29 GMT

Furniture producer Elvila reported RON1.65 million losses during the January-March 2026 period, from a RON2.4 million negative result in the same period of last year.

Europe’s Largest Milk Producer DN Agrar Gained RON9.6M in Q1/2026, 32% Less from Q1/2025

Mon, 25 May 2026 08:40:51 GMT

DN Agrar Group, in the first quarter of 2026 posted RON46.8 million, RON20.7 million EBITDA and RON9.6 million net profit, all below the Q1/2025 levels, mainly because of a 31% lower average selling milk price against the same period of last year.

Cognizant Mobility Romania Reports RON47.4M Turnover for 2025, Down 14.5% YOY

Mon, 25 May 2026 08:30:15 GMT

Cognizant Mobility Romania, the Timisoara-based company developing automotive engineering software solutions for US group Cognizant, ended 2025 with turnover of RON47.4 million (EUR9.4 million), down 14.5% from 2024.

Endava Romania 2025 Turnover Down around 7% in 2025 YOY To RON1.18B

Mon, 25 May 2026 08:24:00 GMT

Endava Romania, the local subsidiary of the British software services company, in 2025 registered turnover worth almost RON1.18 billion (EUR234 million), down almost 7% from 2024.

EXE Software Ends 2025 with EUR2.62M Turnover, Up 15% YOY

Mon, 25 May 2026 08:17:25 GMT

Romanian software developer EXE Software in the first three months of 2026 posted EUR2.62 million turnover, up 15% from the year-earlier period.

Romania Airports Register over 8.5 Million Passengers in Jan-April 2026 Despite Iran War

Mon, 25 May 2026 08:09:34 GMT

The Iran war, which led to a series of canceled flights, including in Romania, and the shutdown of some air corridors, has seriously upended global air traffic. Moreover, the oil crisis caused by the war has created even more hurdles in the industry, with some carriers being forced to reshuffle their summer flight schedules.

Comtim Doubles Profit in 2025 to over RON260M

Mon, 25 May 2026 07:59:10 GMT

Comtim, Romania’s largest pork producer, owned by Chinese investors, ended 2025 with RON1.6 billion turnover, up 6% from 2024.

Latest Addition To Bucharest Stock Exchange, IT Genetics, Sees Losses Widen To RON406,000 In Q1, 2026

Fri, 22 May 2026 18:27:00 GMT

Technology company IT Genetics (ITG.RO), recently listed on the AeRO market of the Bucharest Stock Exchange, ended the first quarter of 2026 with a net consolidated loss of RON406,000 compared with a loss of RON156,000 in year-ago period, it said in a report to the Bucharest Stock Exchange on Friday.

NN Group’s OMV Petrom Stake Drops Below 5%

Fri, 22 May 2026 18:10:28 GMT

Dutch-held NN Group N.V, sold OMV Petrom (SNP.RO) shares and now owns 4.94% in the company or 3.07 million shares, valued at some RON3.2 billion at a current price of RON1.045 each, after its stake dropped below 5% on May 20, 2026. It had previously reported a 5.03% interest.

AFI Properties Buys Six Retail Parks In Romania From South Africa’s MAS

Fri, 22 May 2026 13:44:00 GMT

AFI Properties of Israel is acquiring MAS’ retail parks in Ploiesti, Zalau, Roman, Baia Mare, Sfantu Gheorghe, and Barlad. MAS is shifting its strategy, seeking to partially exit the real estate sector and the markets where it currently operates.

Malaysia’s MR.DIY Opens First Store In Bucharest

Fri, 22 May 2026 13:10:34 GMT

MR.DIY, one of Asia’s largest home and lifestyle retailers, has opened its first store in Bucharest, in the GRAND ARENA Shopping Mall, thus marking a new phase in its expansion in Romania.

Statistics Office: Romania Industrial Sales Down 2.1% in January-March 2026 YOY

Fri, 22 May 2026 09:18:16 GMT

Romania’s industrial sales (on the domestic and external markets) dropped in the first three months of the year, in nominal terms, by 2.1%, in the wake of declines registered in the mining industry, by 4.5%, and the processing one, by 2%, in line with the country’s statistics office INS.

Nuclearelectrica Hits RON888M Profit in Q1/2026, Up 73% YOY

Fri, 22 May 2026 08:51:05 GMT

Nuclearelectrica, Romania’s sole nuclear power producer, for the first quarter of 2026 reported RON887.8 million individual net profit, 72.8% higher than in the similar period of 2025.

Sphera Franchise Group Reports RON378M Sales, Up 4.2%, RON5.4M Net Profit, 30% Lower YOY in Q1/2026

Fri, 22 May 2026 08:36:07 GMT

Sphera Franchise Group, the operator of KFC, Pizza Hut and Taco Bell, in the first quarter of 2026 posted RON378 million sales, up 4.2%, and RON5.4 million net profit, down 30%, amid rising operating costs and the expansion process.

Chimcomplex Ends Q1/2026 with RON48M Net Loss

Fri, 22 May 2026 08:25:25 GMT

Chemicals producer Chimcomplex reported a RON48.1 million net loss in the first quarter of 2026 after a 22.7% turnover decline and as sold volumes dropped by a third.

Banca Transilvania Q1/2026 Profit Rises 30% YOY to RON1.1B

Fri, 22 May 2026 08:16:34 GMT

Banca Transilvania ended the first quarter of 2026 with consolidated net profit of RON1.14 billion, up 30.1% from the year-earlier period amid rising interest and fee revenues.

SAP Romania Boasts Record High Turnover in 2025

Fri, 22 May 2026 07:59:27 GMT

The Romanian subsidiary of German software giant SAP has for the first time crossed the RON700 million turnover threshold and the 1,000-employee one.

Alka Trading 2025 Profit Up 13.4% YOY to over RON68M

Fri, 22 May 2026 07:51:44 GMT

Alka Trading Co, a leading snacks producer locally, for 2025 reported turnover worth RON590.1 million (EUR117 million), up 8.1% from 2024, in line with ZF calculations based on Finance Ministry data.