Found 20507 news
RetuRO, the administrator of Romania’s Deposit Return System (DRS), announced the number of SGR packaging items collected has reached the 10-billion threshold since the launch of the system.
The number of large companies that went insolvent rose sharply in the first quarter of 2026, which shows the economic pressure had been spreading in the economy, according to a report by CITR, market leader in the insolvency and restructuring business in Romania.
Biofarm Board of Directors on Monday published the official position about the voluntary tender offer launched by Polish group Zakłady Farmaceutyczne Polpharma S.A, supporting the deal and explaining to the minority shareholders what will happen with the issuer once it is no longer controlled by current shareholders.
Furniture producer Elvila reported RON1.65 million losses during the January-March 2026 period, from a RON2.4 million negative result in the same period of last year.
DN Agrar Group, in the first quarter of 2026 posted RON46.8 million, RON20.7 million EBITDA and RON9.6 million net profit, all below the Q1/2025 levels, mainly because of a 31% lower average selling milk price against the same period of last year.
Cognizant Mobility Romania, the Timisoara-based company developing automotive engineering software solutions for US group Cognizant, ended 2025 with turnover of RON47.4 million (EUR9.4 million), down 14.5% from 2024.
Endava Romania, the local subsidiary of the British software services company, in 2025 registered turnover worth almost RON1.18 billion (EUR234 million), down almost 7% from 2024.
Romanian software developer EXE Software in the first three months of 2026 posted EUR2.62 million turnover, up 15% from the year-earlier period.
The Iran war, which led to a series of canceled flights, including in Romania, and the shutdown of some air corridors, has seriously upended global air traffic. Moreover, the oil crisis caused by the war has created even more hurdles in the industry, with some carriers being forced to reshuffle their summer flight schedules.
Comtim, Romania’s largest pork producer, owned by Chinese investors, ended 2025 with RON1.6 billion turnover, up 6% from 2024.
Technology company IT Genetics (ITG.RO), recently listed on the AeRO market of the Bucharest Stock Exchange, ended the first quarter of 2026 with a net consolidated loss of RON406,000 compared with a loss of RON156,000 in year-ago period, it said in a report to the Bucharest Stock Exchange on Friday.
Dutch-held NN Group N.V, sold OMV Petrom (SNP.RO) shares and now owns 4.94% in the company or 3.07 million shares, valued at some RON3.2 billion at a current price of RON1.045 each, after its stake dropped below 5% on May 20, 2026. It had previously reported a 5.03% interest.
AFI Properties of Israel is acquiring MAS’ retail parks in Ploiesti, Zalau, Roman, Baia Mare, Sfantu Gheorghe, and Barlad. MAS is shifting its strategy, seeking to partially exit the real estate sector and the markets where it currently operates.
MR.DIY, one of Asia’s largest home and lifestyle retailers, has opened its first store in Bucharest, in the GRAND ARENA Shopping Mall, thus marking a new phase in its expansion in Romania.
Romania’s industrial sales (on the domestic and external markets) dropped in the first three months of the year, in nominal terms, by 2.1%, in the wake of declines registered in the mining industry, by 4.5%, and the processing one, by 2%, in line with the country’s statistics office INS.
Nuclearelectrica, Romania’s sole nuclear power producer, for the first quarter of 2026 reported RON887.8 million individual net profit, 72.8% higher than in the similar period of 2025.
Sphera Franchise Group, the operator of KFC, Pizza Hut and Taco Bell, in the first quarter of 2026 posted RON378 million sales, up 4.2%, and RON5.4 million net profit, down 30%, amid rising operating costs and the expansion process.
Chemicals producer Chimcomplex reported a RON48.1 million net loss in the first quarter of 2026 after a 22.7% turnover decline and as sold volumes dropped by a third.
Banca Transilvania ended the first quarter of 2026 with consolidated net profit of RON1.14 billion, up 30.1% from the year-earlier period amid rising interest and fee revenues.
The Romanian subsidiary of German software giant SAP has for the first time crossed the RON700 million turnover threshold and the 1,000-employee one.20507 items