Industry

Business Forum   |   14 August, 2025 at 4:00 PM

JTI expands IT hub in Romania

JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.

Business Forum   |   14 August, 2025 at 1:10 PM

Digi Communications revenue climbs 21% in H1 2025

Digi Communications has reported consolidated revenues and other income of €1.11 billion for H1 2025, marking a 21% increase compared to the same period in 2024.

Business Forum   |   13 August, 2025 at 5:30 PM

Aquila sees 17% drop in net profit during H1 2025

Local FMCG distributor Aquila has reported a consolidated revenue of over RON 1.5 billion (€301.8 million) during H1 2025, marking an 18% increase compared to the same period in the previous year.

Business Forum   |   12 August, 2025 at 1:00 PM

2Performant drops Profitshare deal

2Performant Network has announced the termination of its agreement to acquire the Profitshare business from Conversion Marketing and Dante International (eMAG).

Business Forum   |   5 August, 2025 at 10:06 AM

TeraPlast Group returns to profit in H1 2025

Romanian TeraPlast Group, the largest polymer processor in Southeast Europe, recorded a positive net result of RON 3.4 million (€0.7 million) during H1 2025.

Business Forum   |   29 July, 2025 at 1:33 PM

Vodafone and Digi to finalize Telekom Romania Mobile deal

The Romanian Competition Council has conditionally approved the acquisition of Telekom Romania Mobile Communications by Vodafone Romania and Digi Romania, with companies now set to finalize the binding terms of the transaction.

Business Forum   |   28 July, 2025 at 2:03 PM

Coca-Cola names new Europe President

Coca-Cola has announced new leadership changes within the company. Luisa Ortega will assume the role of President of the Europe Operating Unit starting September.

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Hidroelectrica posts 122% profit surge in Q1 2026
Energy

Hidroelectrica posts 122% profit surge in Q1 2026

Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.

Industry

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.

Industry

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.

Finance

CEC Bank gets rating upgrade from Fitch

Fitch Ratings has upgraded CEC Bank's Long-Term Issuer Default Rating from BB to BB+ with a Stable Outlook, following the publication of Fitch's updated Bank Rating Criteria on 8 May 2026.