Found 20507 news
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 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 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, 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.
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 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.
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.
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, 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.
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 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.
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, 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.
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 2024, the most profitable year for the insurance market ever, according to information provided by Financial Supervisory Authority (ASF) representatives at the request of ZF.
Targu Mures-based chemical fertilizer manufacturer Azomures, controlled by Swiss group Ameropa, ended 2025 with net loss of RON1.24 billion, double from RON505 million net loss reported in 2024.
United Romanian Breweries Bereprod (URBB), the company producing Tuborg beer brand among others, ended 2025 with a turnover of RON685.6 million, roughly the same (+0.7%) as in 2024, in line with public data.
The Romanian insurance market has weathered periods of uncertainty, experienced strong growth in certain segments, and faced setbacks caused by the auto liability insurance (RCA) sector over the years; now, however, growth prospects appear brighter than ever, strategies are finally aligned with stability, and momentum is beginning to show in other insurance segments, as well.
Orange Romania is expanding its Orange Fab acceleration program with the inclusion of four new startups.
Transavia, one of the largest chicken producers in Romania, which owns the Fragedo brand, overshot the RON350 million net profit mark in 2025, reporting net gain of RON357.8 million, up 29% from RON277.3 million reported in 2024, per data released by company representatives at the request of Ziarul Financiar (ZF) daily.
Aluminum power cable producer PGA Electric, controlled by entrepreneur Bogdan Bumbuk of Baia Mare, ended 2025 with a turnover of RON220.5 million (nearly EUR44 million), up 13.3% from RON194.6 million (EUR39.1 million) reported in 2024, per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.20507 items