Economy | 3 December, 2025 at 7:53 PM
Romanian insolvencies surge 46.5% in November 2025
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
In October, there was a significant rise in insolvency filings, signalling mounting pressure on the business environment.
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio.
Romanian private healthcare group MedLife has completed the full acquisition of the Medstar group of clinics in Cluj-Napoca.
The Romanian Business Leaders Foundation (RBL) has been accepted as a member of the European Bank for Reconstruction and Development's Civil Society Steering Committee for a two-year mandate from 2026 to 2027.
Greenvolt Power has secured €58.5 million in project financing from Erste Group Bank and BCR for a 49.8 MW onshore wind project in Săcele, in the Dobrogea region of south-eastern Romania.