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NXP Semiconductors Romania Ends 2025 with 12% Higher Turnover
NXP Semiconductors Romania, the local software development center of chip producer NXP, ended 2025 with turnover worth RON443.4 million (EUR87.9 million), up 11.5% from 2024, and net profit worth (…)
Jul 3, 2026
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Jidvei 2025 Net Profit Up 62.8% to over RON31M
Jidvei, one of the largest players in wine production and sale in Romania, for 2025 reported turnover worth RON236.6 million (around EUR47 million), up 7.5% from 2024, in line with ZF calculations (…)
Jul 3, 2026
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Bucharest to build three major rainwater retention basins to reduce flood risk
Bucharest City Hall announced that it is moving ahead with plans to build a network of large underground rainwater retention basins aimed at reducing flood risks. The announcement came days after (…)
Jul 3, 2026
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Bucharest court orders judicial control in case of alleged illegal care home network
The leader of the association operating illegal care homes in Bihor, western Romania, Viorel Pa?ca, his wife, and their three sons were placed under judicial control pending further (…)
Jul 3, 2026
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North Bucharest Investments Exceeds €100 Million in H1 2026 as Bucharest Surpasses 10,000 property transactions in June
The latest figures released by Romania's National Agency for Cadastre and Land Registration (ANCPI) confirm the continued strength of the country's residential real estate market, with Bucharest (…)
Jul 3, 2026
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Frasers Group completes acquisition of Hervis stores in Romania and Hungary
UK-based retailer Frasers Group completed the acquisition of Hervis' sporting goods retail operations in Romania and Hungary, expanding its presence in Central and Eastern Europe. The transaction, (…)
Jul 3, 2026
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Romanian firefighters complete first wildfire mission in France
Romanian firefighters have completed their first wildfire response mission in France this week, helping local authorities contain a vegetation and forest fire in the Aude department as part of a (…)
Jul 3, 2026
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Romanian president condemns Russia’s “reckless and irresponsible” attack on Kyiv
Romanian president Nicu?or Dan has condemned the major drone and missile attack carried out by Russian forces on Ukraine’s capital, Kyiv, during the night of July 1-2. In a post on X, he (…)
Jul 3, 2026
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Romania signs contract for last section of A8 motorway, including segment in Republic of Moldova
Romania's National Road Investment Company (CNIR) announced on July 2 the signing of the design and construction contract for Section 4 of the A8 Târgu Neam?–Ia?i–Ungheni Motorway. The contract, (…)
Jul 3, 2026
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Hubix, Nexo Group to develop EUR 28 million project in northern Bucharest
Hubix, a Romanian real estate investment and asset management company, announced it signed a partnership with Nexo Group for the development of Abito Pipera, a residential project located in (…)
Jul 3, 2026
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Romanian healthcare operator MedLife reaches network of 37 hyperclinics after recent Bucharest opening
Romanian private healthcare network MedLife has opened a hyperclinic in Bucharest’s District 5 following an investment of more than EUR 1 million. With this opening, MedLife now operates 37 (…)
Jul 3, 2026
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Analysis: More than 900 insolvency proceedings in Romania this June
In June 2026, the number of insolvency proceedings continued the upward trend of the previous months, the financial analysis platform RisCo.ro said. While more than 800 new insolvency proceedings (…)
Jul 3, 2026
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Employers' association: Business community needs confidence in Romania’s economy to be restored
The European Commission's Economic Sentiment Indicator (ESI) and its consumer confidence component have fallen to levels last seen during the Covid-19 pandemic in 2020 and are approaching the lows (…)
Jul 3, 2026
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Solina Romania Sees Revenue Down, Profit Up In 2025
Solina Romania (formerly Supremia Group), the largest producer of ingredients for the food industry, posted RON197 million (EUR39 million) revenue in 2025, down some 16.8% from the previous year’s (…)
Jul 2, 2026
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UK’s Fraser Completes Acquisition Of Hervis Stores In Romania And Hungary
UK’s Fraser Group has completed the acquisition of the 78 Hervis stores in Romania and Hungary, after having secured all the necessary approvals.
Jul 2, 2026
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tbi bank: Number Of Romanians Using tbi bank Loans For Solar Panels And Energy Efficiency Solutions Doubles In Jan-May 2026
The number of Romanians taking out loans from tbi bank for the acquisition of solar panels and other energy efficiency solutions almost doubled in the first five months of 2026 against the same (…)
Jul 2, 2026
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Alexander Degianski takes over mandate of president of Romanian Farmers’ Club
The Association of the Romanian Farmers’ Club for Performant Agriculture announced the election of Alexander Degianski, General Director of Forest and Biomass Romania SA, as president of the (…)
Jul 2, 2026
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