Sweden’s Lindab Officially Exits Romania, Following Sale Of Local Operations To ROVA
yesterday, 21:22
The sale of the Lindab Group’s operations in Romania has been finalized, following approval by national authorities, marking the complete exit of the Profile Systems division from Eastern Europe, the company said in a press release.
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EVs Drive Ford Otosan Romania to RON1B Record High Turnover, RON400M Net Profit in 2025 06.03.2026
The local subsidiary of Ford Otosan for 2025 reported net turnover worth RON21.04 billion (around EUR4.1 billion), up 13% from 2024, and RON399.9... more
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NTT Data Romania Sees Net Losses Widen in 2025 to RON25.7M 06.03.2026
NTT Data Romania, the Cluj-Napoca software services center of Japanese group NTT Data, deepened its net loss in 2025, to RON25.7 million (EUR5.1... more
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Bucharest’s 5-Star JW Marriott Hotel Overshoots RON200M Revenue Threshold in 2025. Profit Falls 06.03.2026
The 5-star JW Marriott hotel of Bucharest, controlled by Austrian group Strabag, boosted its revenues by 8% in 2025, to RON207 million, crossing... more
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Oracle Romania Slips Into Red In 2025 06.02.2026
Oracle Romania, one of the entities of US Oracle Group, one of the world’s largest software and cloud solutions providers, in Romania, slipped... more
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Kromberg & Schubert’s Automotive Wiring Plant In Nadab, Arad, Sees Net Profit Up 4.7-Fold In 2025 06.02.2026
Kromberg & Schubert Romania NA, the local subsidiary of the Germany’s Kromberg & Schubert Group and a manufacturer of wiring harnesses for the... more
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Grain And Farm Input Trader Survcontrol Agro Doubles Revenue To Over RON485M In 2025 06.02.2026
Survcontrol Agro, a company that sells agricultural raw materials, such as seeds and feed, as well as grain, posted RON485.2 million (EUR96.2... more
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Cicor Romania 2025 Turnover Surges 18.6% YoY To RON528.6M 06.02.2026
Electronic components manufacturer Romania, formerly known as Systronics of Arad, held by Swiss group Cicor, ended 2025 with a turnover of RON528.6... more
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IMPACT Developer & Contractor Sets Off Construction Of EUR501M Residential Project In Bucharest 06.02.2026
Real estate developer IMPACT Developer & Contractor (stock symbol: IMP) has started the construction of the first phase of the luxury mixed-use... more
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Austria’s EMSA Capital Completes Exit From Door And Window Maker Aplast 06.02.2026
Private equity firm EMSA Capital has completed the exit from door and window maker Aplast, after having sold its entire stake to Extruplast, a... more
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Renault Offers Voluntary Layoffs To 200 Automobile Dacia And RTR Employees 06.02.2026
About 200 employees of Automobile Dacia and Renault Technologie Roumanie (RTR) can leave the company through a new voluntary departure program,... more
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Central Bank: Romania Forex Reserves Drop To EUR64B In May 2026 06.02.2026
Romania's foreign exchange reserves stood at EUR64.05 billion at the end of May 2026, lower by EUR800 million than the EUR64.83 billion level... more
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AnimaWings Adds New Flights To Olbia, Thessaloniki From Romania's Cities Of Cluj-Napoca, Timisoara, Iasi 06.02.2026
AnimaWings, the Romanian airline owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, is launching new direct flights to... more
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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
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.