Food Angels Hub, Romania's first investment community dedicated to the food sector, has launched with a mission to develop and scale companies operating in food production.
Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7%.
Sphera Franchise Group reported consolidated sales of approximately €72.52 million (RON 362.6 million) in Q1 2025 across its network of fast-food restaurants.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
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.
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.
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.
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.
Electrica has completed the Artificial Intelligence for Active Energy Management (AIAE) project, developed in partnership with Romanian startup Renergia and the Technical University of Cluj-Napoca.