Finance

Business Forum   |   4 March, 2026 at 6:00 PM

Iran conflict shakes markets: Defence and energy stocks surge

The latest escalation involving Iran has shifted markets away from “pure macro” indicators—rates, inflation and growth—and back toward geopolitics as a primary driver, according to an analysis by Freedom24.

Business Forum   |   27 February, 2026 at 2:00 PM

BT 2025 net profit up 16%

Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.

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OMV Petrom completes €140 million investment at Petrobrazi refinery
Energy

OMV Petrom completes €140 million investment at Petrobrazi refinery

OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.

Real estate

Concelex eyes 70% revenue growth in 2026

Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.

Energy

Polytrade Global triples revenue in 2025, eyes European push

Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.

Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.

Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.