Category: News

Patria Bank (BVB: PBK) announced a 20% increase in its total performing corporate loan portfolio, reaching RON 2.20 billion as of September 30, 2025. The Romanian bank listed on the Bucharest Stock Exchange strengthened lending across its Agro, Micro, and SME & Corporate segments, which saw annual growth of up to 42%. The expansion was […]

Romania has taken a decisive step toward aligning with European standards for attracting foreign direct investment through the introduction of the “Golden Visa” Program, currently under public consultation in the Senate until November 13, 2025. Under the draft law, foreign nationals who invest at least €400,000 in Romania will be eligible for a five-year temporary […]

PENNY Romania has officially opened its new logistics center in Mihăilești, Giurgiu County, following an investment of €35 million. Covering 22,000 square meters and employing around 200 people, the new facility marks a key milestone in the retailer’s national expansion. It is expected to serve 50 stores by the end of 2025 and 100 stores […]

AROBS Transilvania Software (BVB: AROBS), Romania’s largest tech company listed on the Bucharest Stock Exchange, announced the acquisition of a 65% majority stake in Gess Engineering, a Sibiu-based engineering company specializing in vehicle testing, validation, and integration systems for the automotive sector. Gess Engineering, officially Global Engineering Services & Solutions S.R.L., brings to AROBS an […]

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 […]