Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
OMV Reports Slightly Lower Annual Hydrocarbon Output in Q1/2026
Romania’s top oil and gas company OMV Petrom reported total hydrocarbon production dropped by 3% in the first quarter of 2026 from the year-earlier period, to 104,200 boe per day, of which c...
UMB Steel Completes Takeover of ArcelorMittal Hunedoara Assets for EUR12.5M
The deal whereby UMB Steel, a company controlled by businessman Dorinel Umbrarescu, takes over the assets of ArcelorMittal Hunedoara compound has been finalized.
Star Invest Starts Second Stage of Share Capital Increase
Star Invest, a company listed on the AeRO market of the Bucharest Stock Exchange, has started the second stage of the share capital increase operation, after the first round addressed to exi...
Sphera Franchise Group Opens Cioccolatitaliani Unit in Genoa, KFC Restaurant in Balti, Reaches 182 Restaurants
Sphera Franchise Group has opened two new units in Italy and the Republic of Moldova, continuing international network expansion and brand portfolio diversification.
Hidroelectrica Seeks CEO and CFO
Hidroelectrica, Romania’s largest company by capitalization, has initiated the selection procedure for filling two positions as members of the company’s Management Board, respectively CEO an...
Aquila Speeds Up Own Brand Development
Wholesale and logistics company Aquila Part Prod Com is expanding its own brand portfolio and readying new launches for 2026 amid a strategy to boost the weight of products with higher added...
Sphera Franchise Group Readies RON100M Investment in 2026 in Restaurant Network Expansion
Sphera Franchise Group (SFG), the operator of KFC, Pizza Hut and Taco Bell in Romania, forecasts over RON100 million investments in 2026, with the funds set to be mainly directed to the open...
Stefan Nanu Appointed Chairman of FP Board of Nominees
Stefan Nanu, general manager of Romania State Treasury, has been appointed chairman of Fondul Proprietatea Board of Nominees.
Nuclearelectrica Posts RON2.4B Net Profit in 2025, Up 40% YOY
Nuclearelectrica, Romania’s sole nuclear power producer, ended 2025 with RON2.39 billion net profit, up 40.4% from 2024 amid rising revenues from electricity sale and improved financial resu...
Winemaker Purcari 2025 Revenues Rise 14%, Net Profit Drops 14%
Purcari Wineries reported RON437.2 million consolidated revenues, up 14.3% from 2024, supported by rising sales on key-markets and a record fourth quarter, with RON136.5 million receipts.
Sphera Franchise Group Reports over 36% Profit Decline in 2025 amid High Costs and Weak Consumption
Sphera Franchise Group for 2025 reported preliminary financial results showing significant profitability pressures amid rising operational costs and challenging consumption environment, part...
Transgas Doubles Profit in 2025 amid Rising Transmission Tariffs and Financial Revenues
Transgaz for 2025 reported preliminary consolidated net profit of RON899.2 million, up from RON410 million in 2024. Gross consolidated profit reached RON1.04 billion, more than triple the 20...