Tag: Romania (1435 articles)

Energy   |   17 June, 2026 at 6:17 PM

OMV Petrom locks in €800 million biofuels supply deal

OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.

Energy   |   16 June, 2026 at 3:00 PM

EBRD lends €57 million to Delgaz Grid for investments

The European Bank for Reconstruction and Development (EBRD) is providing a loan of RON 300 million (€57 million equivalent) to Delgaz Grid, an electricity and gas distribution company operating in Romania, to support energy security.

Real estate   |   16 June, 2026 at 5:45 AM

Sale-and-lease back deals remain attractive in a capital constrained market

Monia Dobrescu, Head of Real Estate & Construction at Mușat & Asociații, talked to Property Forum regarding the legislative shifts defining the 2026 property landscape. She highlighted the impact of Law No. 207/2025 on transaction security, the evolution of ESG-linked project financing, and the legal hurdles facing expansion into Romania's secondary cities.

Industry   |   15 June, 2026 at 6:30 PM

Romania hits 31 da Vinci robotic surgery programs

Romania has reached 31 da Vinci robotic surgery programs nationwide, of which 8 are in the public healthcare system. The most recent system, installed at Fundeni Clinical Institute, marks the expansion of robotic surgery in Romanian public hospitals and the regional milestone of 100 da Vinci systems across the SOFMEDICA region: Romania, Greece, Bulgaria, Hungary, Cyprus, Croatia and Slovenia.

Finance   |   15 June, 2026 at 4:00 PM

FintechOS turns profitable over higher US sales

FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.

Finance   |   15 June, 2026 at 11:24 AM

Romania's €5 billion investment overhaul: what firms must know

Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.

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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.

Agriculture

Grup Şerban subsidiary sells poultry assets for €16.5 million

Grup Şerban Holding said its subsidiary Ferma Avicolă Şerban completed the sale to SAGEM of a portfolio of real estate and operating assets located in Bacău and Vaslui counties, consisting of land plots, buildings, installations and equipment related to poultry farming activities.