Category: Uncategorized

Romania’s largest chemical group, Chimcomplex (BVB: CRC), announced that it has abandoned the construction of the resin factory in Oneşti (Bacău County), a EUR 100 million project backed by EUR 46.6 million state aid, “due to the unjustified increase in the price of electricity and gas,” according to Ziarul Financiar. The company’s shares plunged by…

Romanian president Nicușor Dan convened a meeting of the Supreme Council of National Defence (CSAT) on Friday, May 29, following what he described as “the most serious incident affecting Romanian territory” since Russia launched its invasion of Ukraine. The statement came after a Russian drone crashed into a residential building in the city of Galați…

A Russian drone crashed into a residential apartment building in the Romanian city of Galați early Friday morning, May 29, triggering an explosion and a fire that injured two people and forced the evacuation of around 70 residents. The authorities described the incident as a serious violation of the country’s airspace amid renewed Russian attacks…

Weekend Sessions, “the most well-behaved festival,” returns in 2026 with another season of cultural gatherings hosted in gardens and museums across Bucharest and, for the second year, in Constanța. The program covers events dedicated to art, European cinema, dance, literature, and local creativity. The weekend of June 6 – June 7 brings a program dedicated…

The Romanian gaming environment is set to expand with the addition of RESPAWN, an event organized by Universum Events on June 27 and 28 at Halo Events Center in Bucharest. Set against the backdrop of a global esports industry estimated at over USD 5 billion this year, RESPAWN aims to bring together top-tier international competition,…

The recently listed tech group specializing in digital automation and operational efficiency solutions for businesses, IT Genetics (BVB: ITG), announced on Thursday, May 28, the full acquisition of Scale Expert, a Romanian company active in weighing solutions and systems dedicated to the retail, logistics, and distribution segments. The transaction marks the first acquisition completed by…

Transelectrica (BVB: TEL), the operator of the national energy system, reported a net profit of RON 201 million in the first quarter of 2026, 27% higher than in the same period last year. Operational revenues increased by 23%, to RON 721 million, while operational costs rose by only 18%, to RON 430 million.  According to…

Romanian company providing end-to-end software product development services, Softbinator Technologies (BVB: CODE), announced the appointment of Corina Ilinca (left) as the company’s Chief Executive Officer and Laura Roșianu (right) as Chief Operating Officer. The two appointments, effective June 1, signal the company’s new stage of development focused on strengthening artificial intelligence capabilities, international expansion, and…

YOXO, the 100% digital mobile phone service, announces the launch of a buy-back programme for phones and tablets. Anyone can visit buyback.yoxo.ro to sell their device and receive money in exchange within just a few days. The programme has been developed together with Recommerce®, a European expert in the field, alongside whom YOXO also developed…

Ascendia (BVB: ASC), a provider of software solutions on educational topics, achieved operating revenues of RON 15.69 million in the first quarter of 2026, an increase of 222.86% compared to the RON 4.87 million recorded in the previous financial period. Turnover increased by 234.32% compared with Q1 2025 to RON 15.6 million. In the same…