Category: News

Mars, one of the world’s top five peanut buyers, has announced a USD 5 million investment in a five-year agricultural research program. The initiative, titled “Protect the Peanut,” aims to protect peanut crops from pests, diseases, and climate variability, in an effort to reduce supply chain disruptions and harvest losses. According to the company, up […]

Banca Comercială Română (BCR) reported a net profit of RON 2.467 billion (EUR 491 million) for the first nine months of 2025, marking an annual increase of 11.2%. This performance was underpinned by the expansion of the bank’s client business, higher operating revenues, and continued momentum in retail and corporate lending. The bank recorded RON […]

OMV Petrom reported RON 5.1 billion in organic investments between January and September 2025, up 28% year-on-year, amid a 20% decline in operating result and a 13% drop in net profit to RON 3.4 billion. The investment increase reflects the company’s 2030 Strategy implementation, with a focus on Neptun Deep and expanding its renewable energy […]

A study conducted by the Bucharest University of Economic Studies (ASE) reveals that the value voucher system—including meal cards, holiday vouchers, and social aid tickets—contributed over 1.4% to Romania’s GDP in 2024 and supported more than 213,000 jobs nationwide. The findings were presented at the Policy & Impact Forum hosted by the French Embassy in […]

Allianz-Țiriac Asigurări has appointed Codruța Furtună as Deputy CEO, strengthening its executive leadership as the company ranks second in Romania’s insurance market with a share exceeding 17%, according to March 2025 data from the Financial Supervisory Authority (ASF). Currently serving as Head of Sales and Distribution, Codruța Furtună will continue to lead this strategic division, […]

Groupama, one of the largest insurance companies in Romania, is investing €1 million in the construction of a new surgical block dedicated to emergency procedures and endoscopy at the Marie Curie Children’s Emergency Hospital in Bucharest. The amount is allocated through the redirection of corporate tax to the Inima Copiilor Association, which is coordinating the […]

Romanian drone manufacturer BraveX Aero has entered a strategic partnership with Germany-based Uniq Things UG to develop and operationalize a new concept: “Swarm-as-a-Service”. The collaboration enables coordinated multi-drone missions for surveillance, border protection, and emergency response. Under the agreement, BraveX provides its fixed-wing drone platforms, while Uniq Things integrates its swarm coordination technology. This system […]

Accor reported revenues of €1.369 billion in the third quarter of 2025, representing a 3.1% increase at constant exchange rates compared to the same period in 2024. Following this performance, the French hospitality group raised its recurring EBITDA forecast to a range between 11% and 12%. This result comes despite a decline of 1.1% at […]

Starting December 1, 2025, Mercedes-Benz Romania will welcome a new CEO: Kai-Uwe Trillenberg, currently Vice President of Marketing & Sales at Mercedes-Benz Thailand. He will succeed Natalie Thompson, who leaves the company after a tenure marked by strong growth and a reinforced market position. Trillenberg will arrive in Romania in November to ensure a smooth […]

In the first half of 2025, Teilor Holding reported consolidated revenues of RON 297.4 million, up 37% compared to H1 2024. EBITDA rose by 70% to RON 46.8 million, while normalized net profit jumped by 620% to RON 23.3 million. The TEILOR luxury jewelry chain generated RON 157.2 million in revenue, a 24% increase. Normalized […]