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.

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.

Finance

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.

LATEST NEWS
Industry

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.

Energy

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.

Industry

Anima Wings attracts three institutional investors

Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.

Industry

Siemens wins Romania's first hydrogen train contract

Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.

Romanias 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.

Hubix invests in Timișoara mixed-use project

Hubix, a Romanian real estate management and investment company, has entered into partnership with Alber Holding to develop the first phase of City of Mara Forum, a mixed-use project in Timișoara.

Real estate

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.

Romania cuts budget deficit by more than half in Q1 2026
Finance

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

BT enters the ETF market
Finance

BT enters the ETF market

Banca Transilvania Group has entered the exchange-traded fund market by launching the BT Index Romania ETF BET-TR, managed by BT Asset Management.

Vista Bank debuts on BVB with €17 million bond issue
Finance

Vista Bank debuts on BVB with €17 million bond issue

Vista Bank marked its debut as a bond issuer on the Bucharest Stock Exchange (BVB). The bank listed its €17 million bond issue on the Regulated Market, consolidating its strategy to diversify funding sources through the capital market.

CTP reports record Q1 leasing activity up 83%
Real estate

CTP reports record Q1 leasing activity up 83%

Industrial developer CTP recorded gross rental income of €205.1 million in Q1-2026, up 12.3% year-on-year with like-for-like rental growth of 4.6%. The company's annualised rental income increased to €849.3 million by the end of March 2026.