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Iulius Dan Plaveti Foregoes Mandate Of Romgaz Board of Directors Member

Fri, 05 Jun 2026 16:09:57 GMT

The Board of Directors of natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report on June 5 that it took note of the resignation of Iulius Dan Plaveti from the mandate of Board member, starting with June 5, 2026.

Cordia Romania's Centropolitan Residential Project In Central Bucharest Reaches Over 12% Pre-sales

Fri, 05 Jun 2026 15:19:58 GMT

Cordia Romania, the residential division of Futureal Group, has laid the cornerstone of Centropolitan, a premium 74-apartment complex built in central Bucharest, near Bucharest Mall and Alba Iulia Square, in an investment worth roughly EUR65 million.

tbi bank Survey: Cash Reserves, Voluntary Private Pensions, Government Bonds Become Romanians’ Main Investment Options

Fri, 05 Jun 2026 14:36:52 GMT

Romanians are increasingly orienting their financial decisions toward protecting their existing resources, in a social and economic climate marked by uncertainty and financial prudence, preferring low-risk, highly liquid instruments over speculative investments.

C&W Echinox: Decision To Lease Coworking Spaces Shifts From Cost Per Sqm To Value Generated Per Employee

Fri, 05 Jun 2026 13:31:33 GMT

Companies and entrepreneurs looking to lease coworking spaces in Romania can now evaluate the best market options using multiple criteria including economic efficiency, workplace quality and technical specifications, according to a new guide developed by Beyond Space in partnership with real estate consulting firm Cushman & Wakefield Echinox.

Cristian Prichea Takes Over As CEO Of Auto Italia

Fri, 05 Jun 2026 13:24:55 GMT

Auto Italia, the official importer in Romania of Fiat, Alfa Romeo, Jeep, Fiat Professional, Abarth and Maserati brands, has appointed Cristian Prichea as Chief Executive Officer (CEO), which reflects the company's natural evolution towards a new stage of growth, expansion and consolidation of the business model.

Antibiotice Iasi Strengthens Its International Growth: Sales Increase In The US, Entry Into Spanish Market

Fri, 05 Jun 2026 10:06:00 GMT

Antibiotice Iasi (stock symbol: ATB), the largest Romanian owned drug maker, on Friday (June 5) released a report containing new details regarding its international expansion strategy, as it counts on a 25% increase in sales in the United States in 2026, after its main distributor in the US successfully completed ,at the end of May 2026 the audit carried out at the company's production facilities in lasi.

Foraj Sonde Videle Expects Total Revenues To Increase By 28% To RON332M, EBITDA To Jump 255% To RON70M In 2026

Fri, 05 Jun 2026 09:11:00 GMT

Romanian onshore drilling company Foraj Sonde Videle (stock symbol: FOJE) expects a 28% increase in total revenues in 2026, up to RON332.04 million, compared to RON258.8 million reported in 2025, according to its recently published budget of revenues and expenditure.

Statistical Office Provisional Data: Romania's Economy Contracts By 1.2% YoY In Q1/2026

Fri, 05 Jun 2026 08:15:30 GMT

Romania's economy shrank by 1.2% in unadjusted data in the first quarter of 2026 compared to the same period of 2025, according to provisional (1) estimates released by the country's statistical office INS on June 5, 2026, which upwardly revise INS's flash estimate of a 1.7% annual contraction announced on May 13, 2026.

Apcom IT Distribution Reports RON2.06B Turnover In 2025, Down 20.2% YOY

Thu, 04 Jun 2026 18:22:18 GMT

Apcom IT Distribution S.A., authorized distributor of Apple products in Romania, ended 2025 with a turnover of RON2.06 billion (EUR409 million), down 20.2% against RON2.58 billion reported in 2024, as per data on the finance ministry website.

IBM Romania 2025 Turnover Inches 0.8% Lower YoY To RON1.26B

Thu, 04 Jun 2026 17:56:19 GMT

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 0.8% against RON1.27 billion reported in 2024, as per finance ministry data.

G Energy Solutions, Part Of Simtel Group, Ends 2025 With Four-Fold Higher Revenue Of RON277M

Thu, 04 Jun 2026 17:34:53 GMT

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 operating result of RON7.8 million, up 98% against 2024.

Romanian Police And Ursus Breweries Study: Over 50% Of Drivers Believe No Amount Of Alcohol Is Safe For Consumption While Driving

Thu, 04 Jun 2026 16:48:15 GMT

The Romanian Police and Ursus Breweries announce the results of the study “Social Attitudes Toward Traffic Risk 2026” and a comparative analysis of the data collected and processed during the six phases of this study, between 2008 and 2026.

Microsoft Appoints Raluca-Andreea Manea As Government Affairs Manager For Romania And CSI

Thu, 04 Jun 2026 16:37:05 GMT

Microsoft has appointed Raluca-Andreea Manea as its new Government Affairs Manager for Romania, Moldova, and the CIS (Commonwealth of Independent States) region, starting June 2026.

RisCo: Number Of New Insolvency Cases Grows To 864 In Romania In May 2026

Thu, 04 Jun 2026 15:32:00 GMT

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 analysis platform RisCo.

Statistical Office: Romania Retail Sales Down 5.8% YoY In January-April 2026

Thu, 04 Jun 2026 10:14:33 GMT

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 for seasonality and number of working days, in January-April 2026 compared to the same period of 2025, the country’s statistical office INS said on Thursday (June 4).

Otokar Completes Acquisition Of Automecanica Medias

Thu, 04 Jun 2026 09:50:53 GMT

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 majority stake in Automecanica S.A. and its production facility in Medias, marking one of the most significant foreign investments in Romania’s defense sector in recent years, the company has announced in a press statement.

Statistical Office: Romania's Industrial Producer Prices Up 10.3% YoY In April 2026

Thu, 04 Jun 2026 09:44:45 GMT

Romania’s industrial producer price index (PPI) increased by 10.32% in April 2026 compared to April 2025, the country's statistical office INS has announced on Thursday, June 4, 2026.

Altex Budgets RON400M Investments for 2026

Thu, 04 Jun 2026 09:02:16 GMT

Altex Romania, the country's leading electro-IT retailer, has announced it will invest RON400 million this year to modernize and expand the store network and accelerate digital transformation. Part of the budget will go to strengthening Brico Depot position.

Poland’s R.Power Gets EUR46M Funding for Scornicesti BESS Project

Thu, 04 Jun 2026 08:46:55 GMT

Polish company R.Power has obtained EUR46 million funding from the EBRD and Bank Gospodarstwa Krajowego for the building of a BESS project in Scorniceti, Romania, due to be completed this year.

Joyson Safety Systems Puts Ribita Industrial Spaces Up for Sale

Thu, 04 Jun 2026 08:11:41 GMT

Joyson Safety Systems, a producer of safety components and systems for the automotive industry, is putting up for sale the industrial spaces it owns in Ribita locality, Hunedoara county, amid the consolidation of the company’s operations in the hub it owns in Arad.