Tag: Romania (1428 articles)

Finance   |   27 March, 2026 at 1:00 PM

JCR upgrades Romania's rating outlook to stable

Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.

Finance   |   27 March, 2026 at 9:57 AM

Romania cuts budget deficit in half in first two months of 2026

Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.

Real estate   |   26 March, 2026 at 3:45 PM

Romania's office deal-making starts with best Q1 in decade

Romania's office investment market recorded its strongest first quarter in a decade, with transactions totalling approximately €130 million, according to Colliers data. This represents more than triple the average for January-March periods over the past 10 years and signals renewed investor interest despite economic and geopolitical uncertainties.

Energy   |   26 March, 2026 at 1:27 PM

Hidroelectrica, Siemens sign power transformer deal

Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.

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OMV Petrom completes €140 million investment at Petrobrazi refinery
Energy

OMV Petrom completes €140 million investment at Petrobrazi refinery

OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.

Real estate

Concelex eyes 70% revenue growth in 2026

Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.

Energy

Polytrade Global triples revenue in 2025, eyes European push

Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.

Finance

Christian Tour shares start trading on BVB

Christian Tour debuted on the BVB on 22 June, trading under the ticker symbol TRIP. The listing follows an IPO valued at RON 149 million (€28.4 million), with a 121% subscription rate. It is the first company from the organised tourism sector to debut on the local capital market.

Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.