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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Pillar 2 Pension Funds Generated RON93B Net Return For Future Romanian Retirees In 18 Years Of Operation 06.03.2026
Pillar 2 of the mandatory private pension system generated a net return of RON93.4 billion (EUR17.8 billion) for Romanians during its first 18... more
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Samsung Electronics Romania 2025 Turnover Down 3.4% YoY To RON5.70B 06.03.2026
Samsung Electronics Romania, the local subsidiary of the South Korean group Samsung Electronics, ended 2025 with a turnover of RON5.70 billion... more
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HR & Payroll Pulse Survey: Half Of HR Professionals In Romania Invest In AI To Support The Workplace 06.03.2026
Half (50%) of HR professionals in Romania are investing in AI to support the workplace, a figure close to the European average of 51% and a... more
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Vodafone Romania Narrows Down Losses to RON223M in 2025 06.03.2026
Vodafone Romania, one of the largest IT&C companies locally, part of British group Vodafone, ended 2025 with turnover worth RON5.7 billion (EUR1.13... more
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Filip & Company Assisted Christian Tour in BVB IPO 06.03.2026
Law firm Filip & Company assisted Christian Tour, one of the largest tour operators locally, in its initial public offering process and admission... more
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Ocean Credit IFN Readies Bond Issue of up to EUR2M at BVB 06.03.2026
Ocean Credit IFN is readying a euro-denominated corporate bond offering aiming to raise an initial sum of EUR1.5 million, with the possibility of... more
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Danone Romania Completes EUR10M Investment in Bucharest plant 06.03.2026
Danone Romania, a major dairy market player and leader of the yoghurt segment, has finalized an over EUR10 million investment in the Bucharest unit... more
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InterCapital Wants to List ETF Tracking WIG30 Total Return Polish Index at BVB 06.03.2026
InterCapital ETF, the first international ETF provider in Romania, has announced the launch of InterCapital Poland WIG30TR UCITS ETF, the first ETF... more
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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
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.