Tag: Romania (1364 articles)

Real estate   |   7 May, 2026 at 5:00 PM

Romania's industrial stock tops 8 million sqm in Q1 2026

Romania's industrial and logistics market reached over 8 million sqm in Q1 2026, with approximately 115,000 sqm of new space delivered. At the same time, around 500,000 sqm are currently under construction, according to Cushman & Wakefield Echinox's report.

Industry   |   7 May, 2026 at 9:30 AM

Polpharma to launch takeover bid for Biofarm

Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.

Finance   |   6 May, 2026 at 6:00 PM

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2688, up 0.97% from the previous rate, recording a new historic high.

Industry   |   6 May, 2026 at 8:15 AM

Rheinmetall eyes takeover of bankrupt Mangalia shipyard

German defence group Rheinmetall is considering acquiring the bankrupt shipyard in Mangalia, in partnership with Swiss shipping company MSC. The potential takeover could transform the facility into a dual-use hub for military and civilian shipbuilding.

Industry   |   5 May, 2026 at 11:00 AM

IT Hit partners with Druid AI to offer AI agent solutions

IT Hit, a Romanian IT services company specialising in ERP, CRM, and business management systems, has announced a reseller partnership with Druid AI, a provider of AI agents for higher education, healthcare, retail, banking, and insurance sectors.

Finance   |   4 May, 2026 at 7:30 PM

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.

Real estate   |   4 May, 2026 at 6:00 PM

Pepco expands DHL partnership across five European hubs

DHL Supply Chain and Pepco have extended their collaboration to strengthen distribution operations across Europe. The expanded partnership aims to ensure product availability, reduce delivery lead times, and enhance network performance for Pepco's growing store footprint.

Economy   |   30 April, 2026 at 7:30 PM

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.

Energy   |   30 April, 2026 at 1:30 PM

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

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Industry

Russian drone crashes into Galați residential area

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.

Finance

Intesa Sanpaolo Bank Romania CEO resigns

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).

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

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.