Companies
CITR To Handle AAylex ONE Restructuring
CITR, the leader of the insolvency and restructuring market in Romania, is the administrator of AAylex ONE, a poultry producer majority-owned by Bogdan Stanca, which operates under the Cocor...
Bucharest Stock Exchange Reports RON9M Profit for 2025, Down 23% YOY
Bursa de Valori Bucuresti (BVB), the Bucharest Stock Exchange, the operator of the local capital market, reported net consolidated profit of RON9 million in 2025, 23% below the 2024 level.
Pinum Ends 2025 with almost EUR25M Turnover, Up 20%, Readies over EUR14M Investments in New Plant
Pinum Doors & Windows, part of Nusco group, ended 2025 with EUR24.9 million turnover, up around 20% from 2024.
OVES Enterprise Plans to Produce Autonomous Cruise Missiles
OVES Enterprise, a Cluj-Napoca-based company specializing in software development, has unveiled the Sahara Autonomous System project, a cruise missile the company describes as the first such...
VLG Ro 2025 Turnover Nears EUR90M
Electrical cables and conductors VLG Ro, part of Austrian group Meinhart, ended 2025 with turnover worth around EUR90 million, registering an increase of over 4-5% in sold quantities.
Proagro Enters Preventive Concordat
Botosani-based Proagro, owned by Catalin Marian Livadariu of Dorohoi, operating in the field of grain production and warehousing, has entered preventive concordat.
Lorand Szarvadi Set to Open 5-Star Hotel near Baile Tusnad in EUR11M Investment
Lorand Szarvadi, owner of Grand Hotel Balvanyos, wants to open a five-star hotel near Baile Tusnad, an investment put at around EUR11 million.
Romgaz Makes RON260M Term Deposit with Banca Transilvania
Natural gas producer and supplier Romgaz has made a RON260 million term deposit with Banca Transilvania, due on June 8, 2026.
Optibelt Power Transmission Banks on 10-15% Turnover Growth in 2026
Car parts manufacturer Optibelt Power Transmission, the local subsidiary of German group Arntz Optibelt, expects turnover to rise by 10-15% in 2026 from the 2025 level of around RON393 milli...