Category: Uncategorized

Innobyte, one of the leading Romanian companies specialised in eCommerce services and solutions, ended 2025 with a turnover of 15.18 million RON, an 8% growth YOY, and a net profit of 1.45 million RON, a 14% growth YOY. The financial results confirms the maturity of Innobyte’s operating model launched in 2022 and the company’s ability…

Transgaz (BVB: TGN), the state-owned operator of the Romanian natural gas transmission system, more than doubled its consolidated net profit in 2025 compared to 2024. The company’s profit increased from RON 410 million (EUR 80 million) to RON 899 million (EUR 176.4 million). Transgaz’s operating revenues, before balancing and construction activities, advanced by 24%, to…

Romania obtained the 21st favorable opinion from the OECD bodies on Thursday, February 26. The government aims to be part of the group of the most developed countries in the world by the end of 2026, but requires 25 formal approvals. The latest approval was announced by foreign minister Oana Țoiu, who noted that the…

Romanian president Nicușor Dan has promulgated the law reforming the pension system for magistrates one day after the Constitutional Court’s reasoning was published in the Official Gazette, despite repeated appeals from judges to send the bill back to Parliament for reconsideration. The president described the changes as “a gesture of fairness, awaited by society.” President…

Ukrainian air defense systems shot down a drone on Friday morning, February 27, near Romania’s border, approximately 100 meters from the village of Chilia Veche, the Romanian Defense Ministry (MApN) said. Authorities are prepared to search for possible debris that may have fallen on national territory, according to the same source. According to the ministry,…

Flower sales in Romania are expected to surpass EUR 40 million between March 1 and 8, marking the peak season for florists, according to an analysis by consultancy firm Frames. The estimate represents a significant increase from last year’s projection of EUR 30 million, reflecting steady growth in recent years. Adrian Negrescu, manager of Frames,…

A wave of Romanian mayors has followed the example set by Slatina’s mayor, who recently announced plans to eliminate gambling halls from his city under newly amended legislation. While the political signal is growing louder, the decisive vote belongs to local councils – and gambling operators are unlikely to retreat without resistance. On February 26,…

In a public statement issued on February 26 after Social Democrat (PSD) leader Sorin Grindeanu warned his party would run another referendum on its role in the ruling coalition, the National Liberal Party (PNL) asked Grindeanu to decide more quickly whether he is in the ruling coalition or in opposition. PSD should decide on this…

The European Commission (EC) will decide by mid-March about the suspended portion of the third disbursement request under the Resilience Facility (RRF) – namely, EUR 869 million – and the fourth request (EUR 2.6 billion), announced prime minister Ilie Bolojan after meeting European Commission president Ursula von der Leyen in Brussels on February 26. He…

Fondul Proprietatea, which owns 20% of the National Company Maritime Seaports Administration (CNAPM, with Constanta Port among key assets), was summoned to participate in the Extraordinary General Meeting of Shareholders scheduled for March 30/31, 2026, during which the increase in the company’s share capital will be decided, Ziarul Financiar reported. FP should contribute some EUR…