ZF

Oracle Romania Slips Into Red In 2025

Tue, 02 Jun 2026 20:55:15 GMT

Oracle Romania, one of the entities of US Oracle Group, one of the world’s largest software and cloud solutions providers, in Romania, slipped into the red in 2025, posting RON9.7 million (EUR1.9 million) loss, compared with RON8.6 million profit in 2024, Finance Ministry data show.

Kromberg & Schubert’s Automotive Wiring Plant In Nadab, Arad, Sees Net Profit Up 4.7-Fold In 2025

Tue, 02 Jun 2026 20:12:44 GMT

Kromberg & Schubert Romania NA, the local subsidiary of the Germany’s Kromberg & Schubert Group and a manufacturer of wiring harnesses for the automotive industry and electrical systems, posted RON296.6 million (EUR58.8 million) revenue in 2025, up 31.7% from the previous year’s RON225.2 million (EUR45.2 million), according to ZF calculations based on Finance Ministry data.

Grain And Farm Input Trader Survcontrol Agro Doubles Revenue To Over RON485M In 2025

Tue, 02 Jun 2026 19:44:50 GMT

Survcontrol Agro, a company that sells agricultural raw materials, such as seeds and feed, as well as grain, posted RON485.2 million (EUR96.2 million) revenue in 2025, up 97.3% from the previous year’s RON245.9 million (EUR49.4 million), according to ZF calculations based on Finance Ministry data.

Cicor Romania 2025 Turnover Surges 18.6% YoY To RON528.6M

Tue, 02 Jun 2026 18:50:19 GMT

Electronic components manufacturer Romania, formerly known as Systronics of Arad, held by Swiss group Cicor, ended 2025 with a turnover of RON528.6 million (EUR104.8 million), up 18.6% from a turnover of almost RON445.6 million (EUR89.5 million) reported in 2024, as per data on the finance ministry website.

IMPACT Developer & Contractor Sets Off Construction Of EUR501M Residential Project In Bucharest

Tue, 02 Jun 2026 18:04:13 GMT

Real estate developer IMPACT Developer & Contractor (stock symbol: IMP) has started the construction of the first phase of the luxury mixed-use ARIA Verdi project located on Barbu Vacarescu Boulevard in capital city Bucharest, with completion scheduled for 2029.

Austria’s EMSA Capital Completes Exit From Door And Window Maker Aplast

Tue, 02 Jun 2026 17:19:40 GMT

Private equity firm EMSA Capital has completed the exit from door and window maker Aplast, after having sold its entire stake to Extruplast, a Romanian company specializing in design, manufacture and distribution of profiles and related systems for PVC doors and windows.

Renault Offers Voluntary Layoffs To 200 Automobile Dacia And RTR Employees

Tue, 02 Jun 2026 17:18:28 GMT

About 200 employees of Automobile Dacia and Renault Technologie Roumanie (RTR) can leave the company through a new voluntary departure program, which launched on Tuesday, June 3, 2026. In exchange for the termination of the contract by mutual agreement, Renault is offering net compensation ranging from RON45,000 to RON210,000 per person, depending on length of service.

Central Bank: Romania Forex Reserves Drop To EUR64B In May 2026

Tue, 02 Jun 2026 16:00:31 GMT

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 reported on April 30, 2026, Romania’s central bank has announced on Tuesday, June 2.

AnimaWings Adds New Flights To Olbia, Thessaloniki From Romania's Cities Of Cluj-Napoca, Timisoara, Iasi

Tue, 02 Jun 2026 15:08:56 GMT

AnimaWings, the Romanian airline owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, is launching new direct flights to Olbia (Sardinia, Italy) and Thessaloniki (Greece), operated from Romanian cities of Cluj-Napoca, Timisoara, and Iasi, starting June 2, 2026.

REI: Businesses And Local Public Authorities In Romania Have Over EUR8B Available In Summer 2026 For Large Investment Projects

Tue, 02 Jun 2026 10:47:00 GMT

Companies and local public authorities in Romania have over EUR8 billion in European Union funds and state aid available this summer for large investments projects, as per an analysis by REI, a consultancy group specializing in attracting non-reimbursable financing.

Deloitte Study: Global Insurance Market Entering Accelerated Expansion Phase, With Premiums Expected To Surge 150% Until 2035

Tue, 02 Jun 2026 09:50:24 GMT

The global insurance market is entering a phase of rapid expansion, with premiums expected to increase by 150% until 2035, amid a growing demand for protection, expansion in underserved markets and the digital innovation of the industry, according to the Deloitte study “The future of insurance 2035. Anticipating change, building resilience, and securing long-term relevance”.

ING Bank Romania Appoints Tuğçe Bora Kiliç As Chief Operations Officer

Tue, 02 Jun 2026 09:42:42 GMT

ING Bank Romania announces the appointment of Tuğçe Bora Kiliç as Chief Operations Officer (COO) and member of the Executive Committee, as of June 1, 2026.

Global Technical Systems Moves Offices to Hermes Business Campus

Tue, 02 Jun 2026 09:03:37 GMT

Global Technical Systems (GTS), a company specializing in the integration of engineering technologies and solutions for buildings, has relocated to an around 800-sqm office space in Hermes Business Campus project of northern Bucharest, in a deal handled by Colliers.

Unit 2 of Cernavoda Nuclear Power Station Resynchronized with National Power Grid after almost One-Month Pause

Tue, 02 Jun 2026 08:56:21 GMT

Nuclearelectrica on Tuesday morning announced Unit 2 of Cernavoda nuclear power station was resynchronized to the national power grid in the evening of May 30, 2026.

Hidroelectrica Supervisory Board Appoints Iulius Dan Plaveti at Company Helm

Tue, 02 Jun 2026 08:45:03 GMT

Hidroelectrica, Romania’s largest electricity producer and the company with the biggest bourse capitalization locally, has a new CEO effective as of 29 May 2026. The company’s Supervisory Board designated Iulius Dan Plaveti in this position and Mihail-Dan Stan as CFO, following the completion of the selection procedure for the members of Hidroelectrica's Management Board, conducted in accordance with the provisions of GEO No. 109/2011 on the corporate governance of public enterprises.

Benchmark Electronics Romania 2025 Net Profit More than Doubles YOY

Tue, 02 Jun 2026 08:34:30 GMT

Benchmark Electronics Romania, an electronic equipment producer with a plant in Ghimbav, ended 2025 with turnover worth RON713.2 million (EUR141.5 million), up 7.6% from 2024.

LSEG Business Services Boasts Record High Turnover of almost RON700M in 2025

Tue, 02 Jun 2026 08:24:33 GMT

LSEG Business Services RM SRL, the Romania technology and operations center of British group LSEG, ended 2025 with record high turnover of RON696.6 million (EUR138.2 million), up 16.3% from 2024.

Jumbo Sales Rise 6% in Romania in 2025

Tue, 02 Jun 2026 08:18:18 GMT

In 2025, Romanians spent RON1.3 billion in Jumbo stores, up 6% from the previous year, in line with ZF calculations based on company data.

Lidl Stores Rake In Record High RON1.3B Profit in Romania with Fewer Employees

Tue, 02 Jun 2026 08:12:38 GMT

Lidl Discount SRL, the company that operates the store chain with the same name, in 2025 posted RON26.7 billion turnover, up 11%, and a record net gain of RON1.34 billion, 10% higher than in 2024.

Carmistin Aims to Boost Production Capacity on Poultry Segment

Tue, 02 Jun 2026 08:05:26 GMT

Carmistin, an integrated agribusiness player, owned by Justin and Andra Paraschiv, wants to develop the poultry segment, where it is present with La Provincia brand, after having reached the maximum production capacity of 120,000 tons annually this year.