Romania Antitrust Body Slaps Ten Banks with RON3.73B Total Fine for Alleged ROBOR-Setting Collusion
yesterday, 11:34
Romania’s Competition Council has fined ten banks a total RON3.73 billion (EUR710 million) for breaching competition norms by colluding in the procedure of setting ROBOR.
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REI: Businesses And Local Public Authorities In Romania Have Over EUR8B Available In Summer 2026 For Large Investment Projects 06.02.2026
Companies and local public authorities in Romania have over EUR8 billion in European Union funds and state aid available this summer for large... more
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Deloitte Study: Global Insurance Market Entering Accelerated Expansion Phase, With Premiums Expected To Surge 150% Until 2035 06.02.2026
The global insurance market is entering a phase of rapid expansion, with premiums expected to increase by 150% until 2035, amid a growing demand... more
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ING Bank Romania Appoints Tuğçe Bora Kiliç As Chief Operations Officer 06.02.2026
ING Bank Romania announces the appointment of Tuğçe Bora Kiliç as Chief Operations Officer (COO) and member of the Executive Committee, as of... more
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Global Technical Systems Moves Offices to Hermes Business Campus 06.02.2026
Global Technical Systems (GTS), a company specializing in the integration of engineering technologies and solutions for buildings, has relocated to... more
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Unit 2 of Cernavoda Nuclear Power Station Resynchronized with National Power Grid after almost One-Month Pause 06.02.2026
Nuclearelectrica on Tuesday morning announced Unit 2 of Cernavoda nuclear power station was resynchronized to the national power grid in the... more
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Hidroelectrica Supervisory Board Appoints Iulius Dan Plaveti at Company Helm 06.02.2026
Hidroelectrica, Romania’s largest electricity producer and the company with the biggest bourse capitalization locally, has a new CEO effective as... more
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Benchmark Electronics Romania 2025 Net Profit More than Doubles YOY 06.02.2026
Benchmark Electronics Romania, an electronic equipment producer with a plant in Ghimbav, ended 2025 with turnover worth RON713.2 million (EUR141.5... more
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LSEG Business Services Boasts Record High Turnover of almost RON700M in 2025 06.02.2026
LSEG Business Services RM SRL, the Romania technology and operations center of British group LSEG, ended 2025 with record high turnover of RON696.6... more
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Jumbo Sales Rise 6% in Romania in 2025 06.02.2026
In 2025, Romanians spent RON1.3 billion in Jumbo stores, up 6% from the previous year, in line with ZF calculations based on company data. more
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Lidl Stores Rake In Record High RON1.3B Profit in Romania with Fewer Employees 06.02.2026
Lidl Discount SRL, the company that operates the store chain with the same name, in 2025 posted RON26.7 billion turnover, up 11%, and a record net... more
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Carmistin Aims to Boost Production Capacity on Poultry Segment 06.02.2026
Carmistin, an integrated agribusiness player, owned by Justin and Andra Paraschiv, wants to develop the poultry segment, where it is present with... more
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Tudor Personal Tailor Opens Franchise in Germany, Set to Expand Further 06.02.2026
Tudor Personal Tailor, a business specializing in men’s made to measure suits, has expanded its footprint abroad and opened a franchise in... more
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Mega Image Turnover Up 16% in 2025 YOY 06.02.2026
Retailer Mega Image ended 2025 with turnover worth around RON12.3 billion, about 16% higher than in 2024. more
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Biscuit Maker Croco Ends 2025 with 9% Higher Turnover YOY 06.02.2026
Biscuit maker Croco in 2025 registered turnover of RON305 million (around EUR62 million), up 9% from 2024. more
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Topanel Mulls EUR15M Investment in New Thermal-Insulating Panel Plant 06.02.2026
Thermal-insulating panel producer Topanel is considering investing in a new plant. more
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Thales Romania Wants to Hire 1,200 by 2030 06.02.2026
Thales Romania now has around 800 employees locally. Plans for the next four years, until 2030, envisage heavy hiring, with the team set to reach... more
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Hidroelectrica Shareholders Greenlight RON1B Special Dividends 05.30.2026
The Ordinary General Meeting of Shareholders of the state-owned Hidroelectrica (H2O.RO) approved all items on the agenda on Friday, May 29, among... more
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Romgaz Signs Agreement To Buy Azomures Assets 05.30.2026
Romgaz signed the agreement to purchase all assets contributing to Azomures’ production activity for EUR46.459 million, self-funded. The actual... more
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Romgaz Shareholders Approve 2026 Budget 40% Lower Profit, Record Investments 05.29.2026
Romgaz (SNG.RO) shareholders approved the 2026 Spending and Revenue budget during an ordinary general meeting on May 29, estimating total revenue... more
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TTS Sees Net Loss Shrink To Nearly RON2.2M In Q1/2026 vs RON15M In Q1/2025 05.29.2026
Danube freight forwarder Transport Trade Services (TTS) ended the first quarter of 2026 with net loss of RON2.2 million, at a consolidated level,... more
Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.