Industry

Business Forum   |   29 May, 2026 at 7:00 AM

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.

Business Forum   |   28 May, 2026 at 7:15 PM

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

Business Forum   |   22 May, 2026 at 10:00 AM

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Business Forum   |   20 May, 2026 at 3:00 PM

TotalSoft expands in Republic of Moldova

TotalSoft, a global provider of software solutions for business operations management, is expanding its presence in the Republic of Moldova through a partnership with local company NetSafe.

Business Forum   |   19 May, 2026 at 5:45 PM

Romanian retailers lose €3.2 million to inventory errors

Small and mid-sized retailers lost approximately €3.2 million in profit over the past year due to inventory errors, according to internal data from Selectsoft, a Romanian provider of ERP solutions for SMEs.

Business Forum   |   15 May, 2026 at 11:00 AM

Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Business Forum   |   14 May, 2026 at 8:00 PM

Uber launches hotel bookings and AI voice features

Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.

Business Forum   |   13 May, 2026 at 7:45 PM

EIB to advise Antibiotice on governance upgrade

The European Investment Bank (EIB) will advise Antibiotice, Romania's largest pharmaceutical company with majority Romanian capital, on strengthening its corporate governance to support future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align its risk-management framework and business operations with international best practice in the pharmaceutical sector.

Business Forum   |   12 May, 2026 at 1:30 PM

Ascendia joins Google for Startups Scale with educational platform

Ascendia, a Romanian company specialising in digital infrastructure for education and public institutions, announced that its educational content creation platform LIVRESQ has been accepted into the Google for Startups Scale Tier.

Business Forum   |   12 May, 2026 at 12:45 PM

MSD names new Managing Director in Romania and Moldova

MSD has appointed Conor Dempsey as Managing Director for Romania and Moldova operations. He succeeds Marcelo Pascual Morales, who was appointed Associate Vice President & Executive Officer of MSD Japan.

Business Forum   |   11 May, 2026 at 6:00 PM

Electric cars registrations in Romania up to 26% during April 2026

New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).

Business Forum   |   7 May, 2026 at 9:30 AM

Polpharma to launch takeover bid for Biofarm

Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.

Business Forum   |   7 May, 2026 at 7:00 AM

Romgaz nears deal to acquire Azomureș fertilizer plant

Romanian state-owned gas company Romgaz has reached an agreement in principle with fertilizer producer Azomureș regarding the acquisition of its operational activity as a transfer of a going concern.

Business Forum   |   6 May, 2026 at 8:15 AM

Rheinmetall eyes takeover of bankrupt Mangalia shipyard

German defence group Rheinmetall is considering acquiring the bankrupt shipyard in Mangalia, in partnership with Swiss shipping company MSC. The potential takeover could transform the facility into a dual-use hub for military and civilian shipbuilding.

Business Forum   |   5 May, 2026 at 11:00 AM

IT Hit partners with Druid AI to offer AI agent solutions

IT Hit, a Romanian IT services company specialising in ERP, CRM, and business management systems, has announced a reseller partnership with Druid AI, a provider of AI agents for higher education, healthcare, retail, banking, and insurance sectors.

Business Forum   |   30 April, 2026 at 11:05 AM

Anima Wings attracts three institutional investors

Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.

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Industry

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.