Romanian Competition Council launches major probe into car importers
The Romanian Competition Council has initiated six ex officio investigations within the automotive sector, targeting major car importers for potential anti-competitive practices.
The Romanian Competition Council has initiated six ex officio investigations within the automotive sector, targeting major car importers for potential anti-competitive practices.
The Volkswagen Passat remains the most desired car in the secondary market, but the popularity of the Toyota Corolla is growing.
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.