Category: Uncategorized

OMV Petrom (BVB: SNP), the largest integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around EUR 140 million, the company announced in a note to investors. ”We are expanding our processing capacity for products that can serve as feedstock for the petrochemical industry, further strengthening the role…

Romania’s Liberal Party (PNL) has proposed to president Nicușor Dan a six-month national political agreement open to all parliamentary parties, aimed at implementing a limited set of priorities through a minority government, according to G4Media. The initiative comes as prime minister-designate Adrian Veştea failed to secure parliamentary approval on June 21. Under the proposal, the…

Super Technologies, the tech and betting group founded by Sacha Dragic, announced it will acquire Crafting Technologies, a Romanian software development company based in Cluj-Napoca. The acquisition, subject to customary approvals, will support the development of a technology hub based in Romania, complementing Super’s existing hubs in Croatia, Spain, the Netherlands, the United Kingdom, and…

The cabinet put forth by Adrian Veștea, a vice-president of the National Liberal Party until his expulsion just a day prior, failed to obtain the investiture vote in Parliament on Monday, June 22, during a voting session that dragged past midnight. The Veștea government gathered only 189 votes in favor and 23 against out of…

Romania entered the top five EU countries with the cheapest mortgages this year, taking into account average wages and the costs of buying a one-bedroom apartment through a mortgage loan, according to a report issued by the online broker Ipotecare.ro. The average monthly instalment on the mortgage needed to buy a one-bedroom apartment in Bucharest,…

Romanian table tennis player Bianca Mei-Roşu won the gold medal on Sunday, June 21, in the women’s singles event at the European U21 Championships in Cluj-Napoca, central Romania. The 19-year-old Romanian won her first three matches in Group 4, with a score of 3-0, without losing a single set, then won 4-0 in three other…

Concelex, a leading Romanian construction company, recorded RON 1.48 billion revenue in 2025, a 17% increase compared to the previous year. At the same time, the company improved its profitability, reporting a net profit of RON 202 million, up 33% compared to 2024. This performance was driven by a strong portfolio of complex ongoing projects…

Bittnet Systems, an IT company listed on the Bucharest Stock Exchange, announced the sale of its 61.68% stake in software provider Elian Solutions to the Latvian company Digmatix AS. The total value of the transaction reached EUR 6 million. According to a report published on the BVB, Bittnet will receive EUR 3.3 million at the…

Shares of tour operator Christian Tour began trading on the Bucharest Stock Exchange on Monday, June 22, making the company the first in the Romanian travel tourism sector to go public.  Christian Tour carried out the Initial Public Offering between May 21 and 28 and gathered RON 149 million (EUR 28.4 million), with a final…

Adex Energy, a technology company for the energy industry founded in Bulgaria, announced it was entering the Romanian market. It appointed Mihai-Florin Necula as country manager. Adex Energy develops end-to-end software solutions for smart energy management, asset automation, and the optimization of renewable energy and storage portfolios The entry into the local market comes at…