Allianz-Tiriac Asigurari Achieves Record Milestone With RON1.1B In Gross Written Premiums In Q1/2026, Up 21% YoY
yesterday, 18:07
Insurance company Allianz-Tiriac Asigurari achieved a record milestone by registering gross written premiums (GWP) of RON1.1 billion in the first quarter of 2026, up 21.5% against the same period of 2025, driven by double-digit growth across all primary business lines.
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Nokia Networks Romania Hits 16-Year Turnover High in 2025 05.29.2026
Nokia Networks SRL, the Timisoara R&D and services center of Finnish giant Nokia, for 2025 reported turnover worth RON581.4 million (EUR115.3... more
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Zes Zollner Electronic Reports almost RON129M Turnover in 2025, Up 9.8% YOY 05.29.2026
Electronic parts and equipment manufacturer Zes Zollner Electronic, the local subsidiary of German concern Zollner Elektronic, for 2025 reported... more
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Chimcomplex Halts Investment in Onesti Resins Plant 05.29.2026
Chimcomplex, the biggest entrepreneurial industrial company in Romania, has given up building the resins plant of Onesti, Bacau county, a EUR100... more
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Urbano Group Set to Reach EUR100M Investments in Floresti Retail Project 05.29.2026
Ciprian Comsulea, investment manager at Urbano Group, which has recently opened shopping center Urbano Shopping&Living of Floresti, Cluj county,... more
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German Group Schwarz Rakes In almost RONEUR10B Turnover in Romania in 2025 05.29.2026
German group Schwarz neared the threshold of EUR10 billion (RON50 billion) turnover in Romania in 2025, thus controlling around one quarter of... more
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UK’s Leading Hair Straightener Brand Good Hair Day Enters Romania 05.29.2026
ghd (Good Hair Day), the British brand of hair styling tools, available in over 50,000 salons worldwide and with annual sales of over 3 million... more
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Decathlon Ends 2025 With Slight Decline In Revenue 05.29.2026
Decathlon, the largest sporting goods retailer in Romania, ended last year with a slight decline in revenue for the first time since the pandemic,... more
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Carmistin Plans To Boost Production 1M Tons Of Animal Feed Until 2030 05.28.2026
Carmistin The Food Company aims to expand its animal nutrition segment by investing in the expansion and upgrade of its six feed mills, in order to... more
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Lidl Sees Revenue Up 10% YoY In Romania In 2025, In Sync With Inflation 05.28.2026
Germany’s Lidl Group, the leader in the local retail sector by revenue, posted RON27.3 billion revenue in Romania in 2025, an increase of 10%... more
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Transgaz Net Profit Plunges 25% YoY To RON387M In Q1/2026 05.28.2026
National gas transmission company Transgaz (stock symbol: TGN) ended the first quarter of 2026 with consolidated net profit of RON386.68 million,... more
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Alessio Cioni Steps Down As CEO Of Intesa Sanpaolo Romania 05.28.2026
Alessio Cioni has officially stepped down from his roles as General Manager and Chairman of the Management Committee ((Chief Executive Officer). more
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Nuclearelectrica Shareholders Approve Dividend Distribution And Company's 2026 Budget Of Revenue And Expenditure 05.28.2026
The shareholders of Nuclearelectrica (SNN.RO), Romania’s only nuclear power producer, have approved in the Ordinary General Meeting on May 28 the... more
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Piraeus Bank Greece And Piraeus Leasing Romania Sell Multi-Asset Portfolio
05.28.2026
Piraeus Bank Greece and Piraeus Leasing Romania together sold a multi-asset portfolio comprising loans, performing and non-performing leasing... more
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NNDKP Advised Raiffeisen Bank Romania On Financing Granted To Monza Ares Group For Acquisition Of Brain Institute 05.28.2026
Nestor Nestor Diculescu Kingston Petersen (NNDKP) advised Raiffeisen Bank Romania on the financing granted to Monza Ares Group (held by Highlander... more
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Statistical Office: Romanian Wholesale Trade Turnover Up 2.3% YoY In Q1/2026 05.28.2026
The Romanian wholesale trade sector saw its turnover, excluding the trade of motor vehicles and motorcycles, increasing by 2.3% in January-March... more
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INS: Romanian Execs See Moderate Activity Growth In Manufacturing, Construction, Price Hikes In Retail, Construction In May-July 2026 05.28.2026
Romanian executives in the construction and manufacturing sectors expect moderate economic activity increase between May and July 2026, reveals a... more
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Deloitte: Defence Spending To Exceed 3% Of EU Member States’ GDP By 2040 05.28.2026
Defense spending is estimated to reach at least 3% of the gross domestic product of the European Union member states by 2040, amid the escalation... more
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Electrica Group Reports RON310M Net Profit For Q1/2026, Up Nearly 60% YoY 05.28.2026
Electrica Group (stock symbol: EL), the most powerful player in energy distribution and supply, had a net profit of RON309.6 million in... more
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IULIUS Tests Coworking Market with over 1,000-Sqm Project in United Business Center 1 of Timisoara 05.28.2026
Real estate developer IULIUS is entering the coworking space market by launching its first concept dedicated to flexible work, in United Business... more
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Ascendia Reports RON15.7M Turnover, RON7.5M Net Profit in Q1/2026 05.28.2026
Ascendia (ASC.RO), a Romanian e-learning software and digital content company listed on the AeRO market of the Bucharest Stock Exchange, for the... more
Romanians are increasingly orienting their financial decisions toward protecting their existing resources, in a social and economic
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Pillar 2 of the mandatory private pension system generated a net return of RON93.4 billion (EUR17.8 billion) for Romanians during its
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The Romanian insurance market has weathered periods of uncertainty, experienced strong growth in certain segments, and faced setbacks
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Romania ranks 7th in the Central and Eastern Europe (CEE) region according to the newly launched CEE AI Index 2026.
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Romania ranked 11th in Europe by the number of foreign direct investment (FDI) projects attracted in 2025, securing 109 initiatives, as
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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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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’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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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.