ZF https://www.zf.ro/ Ziarul Financiar - ZF.ro ro ZF.ro Thu, 21 May 2026 23:23:12 GMT ZF webmaster@zf.ro (webmaster) Statistical Office: Romania’s Construction Output Up 6.8% YoY In Q1/2026 https://www.zfenglish.com/macroeconomics/statistical-office-romania-s-construction-output-up-6-8-yoy-in-q1-23157040 https://www.zfenglish.com/macroeconomics/statistical-office-romania-s-construction-output-up-6-8-yoy-in-q1-23157040 Thu, 21 May 2026 20:49:25 GMT Macroeconomics <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19566/23157040/1/2827198-publimedia-shutterstock-copy.jpg?width=160&height=120"/> Romania’s construction output rose by 6.8% on the year in the first three months of 2026, the country's statistical office, INS, announced on Thursday (May 21), citing working-day adjusted data. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=692"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=692" border="0" alt=""/> </a> Hidroelectrica Signs EUR190M Contract For Refurbishment Of Raul Mare Retezat Hydropower Plant https://www.zfenglish.com/companies/energy/hidroelectrica-signs-eur190m-contract-for-refurbishment-of-raul-mare-23157024 https://www.zfenglish.com/companies/energy/hidroelectrica-signs-eur190m-contract-for-refurbishment-of-raul-mare-23157024 Thu, 21 May 2026 18:49:01 GMT Energy <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19652/23157024/1/08-hidroelectrica-sm.jpg?width=160&height=120"/> Romania’s largest state-run company Hidroelectrica (H2O.RO) on May 21 signed a EUR188.5 million contract for the refurbishment of Raul Mare Retezat Hydropower Plant, a strategic project aimed at modernizing and improving the efficiency of the company’s generation capacities. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=363"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=363" border="0" alt=""/> </a> Largest Retail Park In Transylvania URBANO Shopping & Living Inaugurated In Floresti, Cluj On Thursday https://www.zfenglish.com/companies/retail-consumer/largest-retail-park-in-transylvania-urbano-shopping-living-23157033 https://www.zfenglish.com/companies/retail-consumer/largest-retail-park-in-transylvania-urbano-shopping-living-23157033 Thu, 21 May 2026 18:41:02 GMT Retail&Consumer <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19666/23157033/1/urbano-2.jpg?width=160&height=120"/> URBANO Shopping & Living, the largest retail park in Transylvania, located in the town of Floresti in the Cluj metropolitan area, opened on Thursday following an investment of more than EUR40 million by the URBANO Group. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=611"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=611" border="0" alt=""/> </a> Finance Ministry Raises Nearly RON1.5B Via Two Benchmark Bond Issues On May 21 https://www.zfenglish.com/banks-insurance/finance-ministry-raises-nearly-ron1-5b-via-two-benchmark-bond-issues-23156853 https://www.zfenglish.com/banks-insurance/finance-ministry-raises-nearly-ron1-5b-via-two-benchmark-bond-issues-23156853 Thu, 21 May 2026 18:20:16 GMT Banks-Insurance <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19567/23156853/1/5-lei-10-100-teanc-tifetz.jpg?width=160&height=120"/> Romania's Finance Ministry has raised almost RON1.5 billion from banks on Thursday (May 21), selling benchmark bonds in two auctions. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=577"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=577" border="0" alt=""/> </a> Visual Fan's Net Profit Climbs Over 17-Fold To Nearly RON7M In Q1/2026 https://www.zfenglish.com/companies/visual-fan-s-net-profit-climbs-over-17-fold-to-nearly-ron7m-in-q1-23156799 https://www.zfenglish.com/companies/visual-fan-s-net-profit-climbs-over-17-fold-to-nearly-ron7m-in-q1-23156799 Thu, 21 May 2026 14:39:37 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156799/1/bursa-10-1.jpg?width=160&height=120"/> Electronic device manufacturer Visual Fan (stock symbol: ALW), which owns the Allview brand, ended the first quarter of 2026 with net profit of nearly RON7 million, over 17-fold higher than the RON392,000 net gain reported in the first quarter of 2025, per the company's quarterly financial report. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=192"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=192" border="0" alt=""/> </a> European Commission Significantly Revises Romania’s Economic Growth Forecast Downwards To 0.1% In 2026 https://www.zfenglish.com/macroeconomics/european-commission-significantly-revises-romania-s-economic-growth-23156813 https://www.zfenglish.com/macroeconomics/european-commission-significantly-revises-romania-s-economic-growth-23156813 Thu, 21 May 2026 13:55:49 GMT Macroeconomics <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19566/23156813/1/european-commission-building.jpg?width=160&height=120"/> The European Commission published the spring forecast on Thursday and significantly revised Romania’s economic growth forecast downwards to merely 0.1% in 2026 compared with 1.1% estimated in the fall. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=506"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=506" border="0" alt=""/> </a> Foreign Investors Council Elects New Board Of Directors For 2026–2027 Mandate https://www.zfenglish.com/companies/foreign-investors-council-elects-new-board-of-directors-for-2026-23156757 https://www.zfenglish.com/companies/foreign-investors-council-elects-new-board-of-directors-for-2026-23156757 Thu, 21 May 2026 13:24:47 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156757/1/ruxandra-bandila-002.jpg?width=160&height=120"/> The Foreign Investors Council (FIC) has elected its new Board of Directors for the 2026–2027 mandate, within the General Assembly held on May 19. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=366"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=366" border="0" alt=""/> </a> EY Attractiveness Survey Romania 2026: FDI In Europe Slowed Down In 2025; Romania Stands Out With Performance Above Regional Average https://www.zfenglish.com/companies/ey-attractiveness-survey-romania-2026-fdi-in-europe-slowed-down-in-23156746 https://www.zfenglish.com/companies/ey-attractiveness-survey-romania-2026-fdi-in-europe-slowed-down-in-23156746 Thu, 21 May 2026 12:28:57 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156746/1/bogdan-ion-ey.jpg?width=160&height=120"/> Foreign direct investment (FDI) in Europe declined in 2025, marking a phase of slowdown and structural transformation in the investment landscape. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=197"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=197" border="0" alt=""/> </a> Antibiotice Iasi Secures EUR67M Loan From Banca Transilvania To Speed Up Strategic Investments https://www.zfenglish.com/companies/antibiotice-iasi-secures-eur67m-loan-from-banca-transilvania-to-23156628 https://www.zfenglish.com/companies/antibiotice-iasi-secures-eur67m-loan-from-banca-transilvania-to-23156628 Thu, 21 May 2026 11:56:00 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156628/1/poza-antibiotice.jpg?width=160&height=120"/> Antibiotice Iasi (stock symbol: ATB), the largest Romanian owned drug maker, continues to develop several strategic projects for the pharmaceutical industry through a EUR67 million in funding granted by Banca Transilvania, the company has announced in a stock market report on May 21. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=318"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=318" border="0" alt=""/> </a> Farmaceutica Remedia Posts Fourfold Profit Decline in Q1/2026 https://www.zfenglish.com/companies/farmaceutica-remedia-posts-fourfold-profit-decline-in-q1-2026-23156617 https://www.zfenglish.com/companies/farmaceutica-remedia-posts-fourfold-profit-decline-in-q1-2026-23156617 Thu, 21 May 2026 09:07:55 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156617/1/remedia.jpg?width=160&height=120"/> Drug wholesaler Farmaceutica Remedia reported considerably weaker financial results in the first quarter of 2026 against the year-earlier period: consolidated turnover slid 11% to RON168.3 million, while net profit plummeted from RON2.8 million to RON670,683, a collapse of around 76%. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=514"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=514" border="0" alt=""/> </a> Arctic Stream Q1/2026 Profit Soars 200% YOY https://www.zfenglish.com/companies/arctic-stream-q1-2026-profit-soars-200-yoy-23156609 https://www.zfenglish.com/companies/arctic-stream-q1-2026-profit-soars-200-yoy-23156609 Thu, 21 May 2026 08:59:02 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156609/1/profimedia-0643697920.jpg?width=160&height=120"/> IT infrastructure and security integrator Arctic Stream ended the first quarter of 2026 with rising results for the main financial indicators (revenues, operating profit and net profit), cementing the upward trend of its business that started in the third quarter of 2025. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=346"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=346" border="0" alt=""/> </a> Dusu Family Invests EUR10M in Seaside Hotel https://www.zfenglish.com/companies/dusu-family-invests-eur10m-in-seaside-hotel-23156603 https://www.zfenglish.com/companies/dusu-family-invests-eur10m-in-seaside-hotel-23156603 Thu, 21 May 2026 08:50:32 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156603/1/camera-hotel-millennium-hub-hotel.jpg?width=160&height=120"/> George, Adriana and Andra Dusu, part of the new generation of Dusu family, one of the most powerful seaside entrepreneurs, will invest EUR10 million in a seaside hotel. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=291"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=291" border="0" alt=""/> </a> Italian-Held GDS Manufacturing Services Reports RON49M Turnover in 2025, Down 41.4% YOY https://www.zfenglish.com/companies/italian-held-gds-manufacturing-services-reports-ron49m-turnover-in-23156598 https://www.zfenglish.com/companies/italian-held-gds-manufacturing-services-reports-ron49m-turnover-in-23156598 Thu, 21 May 2026 08:44:29 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156598/1/gds.png?width=160&height=120"/> GDS Manufacturing Services, an Italian-held electronic equipment manufacturer based in Curtici, Arad county, ended 2025 with turnover worth RON49 million (EUR9.7 million), down 41.4% from 2024. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=176"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=176" border="0" alt=""/> </a> Brand Finance: Dacia Is Most Valuable Romanian Brand in 2026, Followed by Banca Transilvania https://www.zfenglish.com/analysis/brand-finance-dacia-is-most-valuable-romanian-brand-in-2026-followed-23156593 https://www.zfenglish.com/analysis/brand-finance-dacia-is-most-valuable-romanian-brand-in-2026-followed-23156593 Thu, 21 May 2026 08:38:14 GMT Analysis <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19786/23156593/1/2852028-publimedia-shutterstock-copy.jpg?width=160&height=120"/> Dacia is for the fourth consecutive year the most valuable Romanian brand, with an estimated EUR1.2 billion value, up 9% from 2025, in a ranking that shows the total value of the 50 most important local brands has doubled in the past decade, to EUR7.4 billion, in line with Brand Finance, the world’s leading brand valuation consultancy. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=592"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=592" border="0" alt=""/> </a> Globant Group Moves to Consolidate Romania Operations via RON259M Merger https://www.zfenglish.com/companies/globant-group-moves-to-consolidate-romania-operations-via-ron259m-23156586 https://www.zfenglish.com/companies/globant-group-moves-to-consolidate-romania-operations-via-ron259m-23156586 Thu, 21 May 2026 08:22:48 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156586/1/profimedia-0502088930.jpg?width=160&height=120"/> Globant group has kickstarted the consolidation of Romania operations by merging its two local software subsidiaries: Pentalog Romania, headquartered in Brasov, and Globant IT Romania, based in Cluj-Napoca. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=588"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=588" border="0" alt=""/> </a> Romaqua Group 2025 Turnover Inches Down to RON1.17B https://www.zfenglish.com/companies/romaqua-group-2025-turnover-inches-down-to-ron1-17b-23156580 https://www.zfenglish.com/companies/romaqua-group-2025-turnover-inches-down-to-ron1-17b-23156580 Thu, 21 May 2026 08:14:15 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156580/1/8-romaqua-group-productie-borsec.jpg?width=160&height=120"/> Romaqua Group, the biggest natural mineral water bottler and the largest employer in the beverage sector, for 2025 reported RON1.17 billion turnover, slightly down, by 0.9% from 2024. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=370"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=370" border="0" alt=""/> </a> Germany’s STIHL, Ready to Expand Oradea Investment https://www.zfenglish.com/companies/germany-s-stihl-ready-to-expand-oradea-investment-23156578 https://www.zfenglish.com/companies/germany-s-stihl-ready-to-expand-oradea-investment-23156578 Thu, 21 May 2026 08:07:54 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23156578/1/michael-traub-allpro-hq-p-2026-05-0003-global-149114.jpg?width=160&height=120"/> German power tool producer STIHL counts on Oradea plant as a European hub for its new battery system ALLPRO and does not rule out a new investment round once the EUR125 million earmarked so far will prove its yield, announced Michael Traub, chairman of STIHL executive board. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=306"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=306" border="0" alt=""/> </a> Cris-Tim Shareholders Approve RON80M Dividends From 2025 Profit And Reserves https://www.zfenglish.com/capital-market/cris-tim-shareholders-approve-ron80m-dividends-from-2025-profit-and-23156094 https://www.zfenglish.com/capital-market/cris-tim-shareholders-approve-ron80m-dividends-from-2025-profit-and-23156094 Wed, 20 May 2026 17:44:26 GMT Capital Market <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19568/23156094/1/9-cris-tim-brasov-sursa-foto-facebook-cristim.jpg?width=160&height=120"/> The shareholders of cold cuts and ready-meal producer Cris-Tim Family Holding (CFH.RO) during the meeting on May 20 approved the distribution of a gross dividend of RON0.9626, it said in a report to the Bucharest Stock Exchange. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=904"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=904" border="0" alt=""/> </a> CPI Property Group Secures EUR100M Financing From OTP Bank and ING Bank Romania For Sun Plaza Shopping Center https://www.zfenglish.com/companies/real-estate/cpi-property-group-secures-eur100m-financing-from-otp-bank-and-ing-23156005 https://www.zfenglish.com/companies/real-estate/cpi-property-group-secures-eur100m-financing-from-otp-bank-and-ing-23156005 Wed, 20 May 2026 17:06:14 GMT Real Estate <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19651/23156005/1/sun-plaza-002.jpg?width=160&height=120"/> CPI Property Group (CPIPG) announced that its subsidiary, CPI Europe AG, has secured new financing worth EUR100 million for Sun Plaza, one of Bucharest’s leading shopping centers and a flagship retail asset within the Group’s portfolio. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=627"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=627" border="0" alt=""/> </a> Tehnostrade Posts RON4.9B Revenue In 2025, Up 11% YoY https://www.zfenglish.com/companies/tehnostrade-posts-ron4-9b-revenue-in-2025-up-11-yoy-23155984 https://www.zfenglish.com/companies/tehnostrade-posts-ron4-9b-revenue-in-2025-up-11-yoy-23155984 Wed, 20 May 2026 15:26:00 GMT Companies <img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/23155984/1/dorinel-umbrarescu.jpg?width=160&height=120"/> Builder Tehnostrade, a company based in Bacau and held by Dorinel Umbrãrescu, posted some RON4.9 billion revenue in 2025, up from RON4.3 billion in 2024, Finance Ministry data show. <br/><br/><a href="https://core.adservingfactory.com/click?spgid=0&__x1ts=&pub=62&site=4268&section=0&zone=2008&size=0x0&__x1cguid=557"> <img src="https://core.adservingfactory.com/ad?__x1ns=1&spgid=0&pub=632203491294404&site=rss.zf&section=site&zone=RSS_feed&size=300x250&__x1cguid=557" border="0" alt=""/> </a>