Finance | 25 May, 2026 at 12:30 PM
Romania sees surge in large company insolvencies
Romania's Q1 of 2026 marks a shift in economic pressure from small businesses to larger companies with significant economic impact.
Romania's Q1 of 2026 marks a shift in economic pressure from small businesses to larger companies with significant economic impact.
The Galați Court has approved the modified asset recovery plan for Liberty Galați, paving the way for the auction of one of Romania's most important industrial assets to resume.
CITR, the judicial administrator of Șantierul Naval din Mangalia, announced that the creditors' assembly has rejected the proposed reorganisation plan for the company.
The net profit of Romania's major companies has seen a slight decline of 1.6% in 2024, while their debts have surged by €11 billion, reaching a total of €239 billion.
Liberty Galați's restructuring plan was officially approved by creditors and the Galați Tribunal at the start of August.
A new study reveals that Romanian entrepreneurs are navigating a delicate balance between optimism and concern as they face an increasingly unstable global economy.
The 2025 landscape is marked by geopolitical tensions and the upcoming Romanian presidential elections, contributing to a cautious business environment.
43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.
The National Road Investment Company (CNIR) has capitalised on European financial frameworks by signing the first two infrastructure contracts for the A8 Unirii (Union) Motorway.
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.
The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).
Christian Tour, one of Romania's largest tour operators, has successfully completed its initial public offering (IPO), ahead of its listing on the BVB.
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.