Category: Uncategorized

AQUILA, one of the largest players in the fast-moving consumer goods distribution sector from Romania and the region, reported revenues of RON 1.6 billion in the first half of 2026, amid an economic environment marked by declining consumption, according to a report submitted to the local stock exchange. The figure represents a 6.4% increase compared…

The Presidential Administration will host the second edition of Animal Summit Romania on September 29 – 30, Diana Pungă, a state adviser for relations with civil society at the institution, announced on Friday, August 14. The event, organized by the non-profit Sache Vet Association and Bucharest’s Animal Protection Administration ASPA, will take place at Cotroceni…

Cluj-based companies Winners Holding Investments and Finas Group have commissioned the second energy storage battery in their joint portfolio, with a capacity of 100 MWh, following an investment of more than EUR 25 million. The project, located in Glodeni, in Mureș County, comes several months after the companies signed a Memorandum of Understanding with China’s…

The limited supply of modern, well-located space continues to put upward pressure on rents in central Bucharest, pushing them upwards by nearly 12% at the end of June 2026 compared to a year ago, according to the mid-year market update report from real estate consultant Colliers.  More than 100,000 square meters of office space were…

Romanian majority state-owned and BVB-listed gas transmission operator Transgaz (BVB: TGN) reduced its net profit by more than 40% in the first half of this year, from RON 519 million in the same period last year to RON 303 million, as a result of declining revenues and increasing operating expenses, according to a new report.…

The Romanian Lottery announced on Thursday, August 14, that the largest prize in the history of the Loto 6/49 game, worth more than EUR 10 million, has been won. The lucky ticket was played in Oradea and cost RON 8.50 (EUR 1.6), according to the official press release. This is the second first-category win obtained…

Bucharest is entering a new stage of real estate market maturity. The pricing gap versus major Central and Eastern European capitals, a tightening residential supply pipeline and the strong performance of the hospitality sector are strengthening the investment case for Romania’s capital. Bucharest’s real estate market is undergoing an accelerated process of maturation at a…

Romania’s Competition Council has fined 21 companies a combined RON 83.2 million (EUR 15.9 million) for participating in anti-competitive agreements that fixed resale prices for crop seeds and crop protection products, the authority said. The investigation found that seed and crop protection producers Pioneer Hi-Bred Romania, Corteva Crop Solutions Romania, formerly DuPont Romania, and Maisadour…

Romania is accelerating work to complete and formally receive around 4,500 projects financed through the National Recovery and Resilience Plan (PNRR) before the end of August, acting prime minister Ilie Bolojan said on August 13, cited by Profit.ro. He warned that delays could result in financial penalties. Bolojan held a teleconference with prefectures and government…

Strong wind, the prosumers shifting their input during peak hours, and the imports from Bulgaria helped Romania’s power system on the first day after Nuclearelectrica shut down its last reactor on August 13, leaving the country without nearly 20% of its electricity production.  The electricity provided by the storage facilities reached a power of 600…