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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Apcom IT Distribution Reports RON2.06B Turnover In 2025, Down 20.2% YOY 06.04.2026
Apcom IT Distribution S.A., authorized distributor of Apple products in Romania, ended 2025 with a turnover of RON2.06 billion (EUR409 million),... more
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IBM Romania 2025 Turnover Inches 0.8% Lower YoY To RON1.26B 06.04.2026
IBM Romania SRL, the local subsidiary of US software and IT services giant, ended 2025 with a turnover of RON1.26 billion (EUR249.5 million), down... more
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G Energy Solutions, Part Of Simtel Group, Ends 2025 With Four-Fold Higher Revenue Of RON277M 06.04.2026
G Energy Solutions, part of Simtel Group, ended 2025 with operating revenue of RON277.2 million, over four times higher than in 2024, and with... more
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Romanian Police And Ursus Breweries Study: Over 50% Of Drivers Believe No Amount Of Alcohol Is Safe For Consumption While Driving 06.04.2026
The Romanian Police and Ursus Breweries announce the results of the study “Social Attitudes Toward Traffic Risk 2026” and a comparative... more
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Microsoft Appoints Raluca-Andreea Manea As Government Affairs Manager For Romania And CSI 06.04.2026
Microsoft has appointed Raluca-Andreea Manea as its new Government Affairs Manager for Romania, Moldova, and the CIS (Commonwealth of Independent... more
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RisCo: Number Of New Insolvency Cases Grows To 864 In Romania In May 2026 06.04.2026
The number of new insolvency cases rose to 864 in Romania in May 2026, compared to 500 cases opened in April 2026, as per data from financial... more
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Statistical Office: Romania Retail Sales Down 5.8% YoY In January-April 2026 06.04.2026
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) fell by 5.8% in unadjusted data and by 5.5% when adjusted... more
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Otokar Completes Acquisition Of Automecanica Medias 06.04.2026
Otokar, one of Türkiye’s leading land systems exporters and a key supplier to NATO and the United Nations, has completed the acquisition of a... more
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Statistical Office: Romania's Industrial Producer Prices Up 10.3% YoY In April 2026 06.04.2026
Romania’s industrial producer price index (PPI) increased by 10.32% in April 2026 compared to April 2025, the country's statistical office INS... more
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Altex Budgets RON400M Investments for 2026 06.04.2026
Altex Romania, the country's leading electro-IT retailer, has announced it will invest RON400 million this year to modernize and expand the store... more
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Poland’s R.Power Gets EUR46M Funding for Scornicesti BESS Project 06.04.2026
Polish company R.Power has obtained EUR46 million funding from the EBRD and Bank Gospodarstwa Krajowego for the building of a BESS project in... more
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Joyson Safety Systems Puts Ribita Industrial Spaces Up for Sale 06.04.2026
Joyson Safety Systems, a producer of safety components and systems for the automotive industry, is putting up for sale the industrial spaces it... more
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Insurance Companies Make Over RON1.4B Net Profit In 2025, Flat On 2024 06.03.2026
Insurance companies posted more than RON1.4 billion net profit in 2025, which means they kept their profitability at about the same level as in... more
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Azomures 2025 Net Loss Doubles YoY To RON1.2B 06.03.2026
Targu Mures-based chemical fertilizer manufacturer Azomures, controlled by Swiss group Ameropa, ended 2025 with net loss of RON1.24 billion, double... more
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URBB 2025 Net Loss Widens YoY To RON39.6M 06.03.2026
United Romanian Breweries Bereprod (URBB), the company producing Tuborg beer brand among others, ended 2025 with a turnover of RON685.6 million,... more
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Romania’s Insurance Market Triples In A Decade From RON7.8B In 2015 To Over RON25.8B In 2025 06.03.2026
The Romanian insurance market has weathered periods of uncertainty, experienced strong growth in certain segments, and faced setbacks caused by the... more
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Orange Romania Expands Fab Program With Four New Startups 06.03.2026
Orange Romania is expanding its Orange Fab acceleration program with the inclusion of four new startups. more
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Transavia 2025 Net Profit Surges 29% YoY To RON357.8M 06.03.2026
Transavia, one of the largest chicken producers in Romania, which owns the Fragedo brand, overshot the RON350 million net profit mark in 2025,... more
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Power Cables Producer PGA Electric Reports Nearly EUR44M Turnover For 2025, Up 13.3% YoY 06.03.2026
Aluminum power cable producer PGA Electric, controlled by entrepreneur Bogdan Bumbuk of Baia Mare, ended 2025 with a turnover of RON220.5 million... more
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De’Longhi Romania Ends 2025 With 1.5% Higher Net Profit Of RON157.2M 06.03.2026
Home appliance manufacturer De’Longhi Romania, the largest exporter in Cluj County, ended 2025 with a turnover of RON2.972 billion (EUR589.6... 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.