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Kromberg & Schubert’s Automotive Wiring Plant In Nadab, Arad, Sees Net Profit Up 4.7-Fold In 2025
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, (…)
Jun 2, 2026
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Grain And Farm Input Trader Survcontrol Agro Doubles Revenue To Over RON485M In 2025
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 (…)
Jun 2, 2026
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Cicor Romania 2025 Turnover Surges 18.6% YoY To RON528.6M
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 (…)
Jun 2, 2026
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IMPACT Developer & Contractor Sets Off Construction Of EUR501M Residential Project In Bucharest
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 (…)
Jun 2, 2026
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Austria’s EMSA Capital Completes Exit From Door And Window Maker Aplast
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 (…)
Jun 2, 2026
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Renault Offers Voluntary Layoffs To 200 Automobile Dacia And RTR Employees
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 (…)
Jun 2, 2026
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Central Bank: Romania Forex Reserves Drop To EUR64B In May 2026
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 (…)
Jun 2, 2026
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AnimaWings Adds New Flights To Olbia, Thessaloniki From Romania's Cities Of Cluj-Napoca, Timisoara, Iasi
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), (…)
Jun 2, 2026
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Sass’ Restaurant & Lounge announces its Summer Series in Bucharest
A curated season of signature experiences bringing together gastronomy, champagne, sport, music, outdoor living and the unmistakable spirit of Monaco Sass’ Restaurant & Lounge announces Sass’ (…)
Jun 2, 2026
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Romania’s hydropower energy provider Hidroelectrica appoints new CEO, CFO
Hidroelectrica (BVB: H2O), one of the largest companies listed on the Bucharest exchange and majority-owned by the Romanian state, appointed Iulius–Dan Plaveti as new CEO, and Stan Mihail-Dan as (…)
Jun 2, 2026
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Romanian entrepreneur Chris ?urlic? sells MaintainX to Autodesk for USD 3.6 bln
US software giant Autodesk bought MaintainX, a company that develops software for maintenance operations and industrial asset management, founded by Romanian Chris ?urlic?, in an all-cash (…)
Jun 2, 2026
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Bucharest’s Balkanik Festival moves to Tei Park for 2026 edition
Balkanik Festival - Home of World Music will return to Bucharest between August 28 and 30 with a new location and an expanded format. The 13th edition will take place in Tei Park, transforming the (…)
Jun 2, 2026
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Oana ?oiu and António Guterres discussed the incident involving the Russian drone in Romania
Romanian Foreign Minister Oana ?oiu announced that she had a meeting in New York with UN Secretary-General António Guterres, during which they addressed security incidents stemming from the war in (…)
Jun 2, 2026
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DNA announces official indictment of Gheorghi?? Vlad
The National Anticorruption Directorate (DNA) has indicted the Chief of the Defence Staff. Prosecutors allege that an action attributed to General Gheorghi?? Vlad contributed to the allocation of (…)
Jun 2, 2026
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Tu?çe Bora Kiliç appointed Chief Operations Officer at ING Bank Romania
ING, one of the major banks active in Romania, announced the appointment of Tu?çe Bora Kiliç (left) as Chief Operations Officer (COO) and member of the Executive Committee, effective June 1, 2026. (…)
Jun 2, 2026
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Liberals Call for Action in Parliament to Prevent Loss of PNRR Funds
The PNL is calling for a sense of responsibility in Parliament to ensure the swift adoption of legislation regarding the PNRR. The Liberals are urging “the PSD, in particular, to honor its promise (…)
Jun 2, 2026
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Price of apartments in all major cities in Romania slightly higher YoY, rental market lower
Apartment prices increased in all major cities in Romania in March 2026 versus March 2025, while the rental market has shown its limits, with rents staying the same or even dropping, according to (…)
Jun 2, 2026
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