Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Finance

CEC Bank gets rating upgrade from Fitch

Fitch Ratings has upgraded CEC Bank's Long-Term Issuer Default Rating from BB to BB+ with a Stable Outlook, following the publication of Fitch's updated Bank Rating Criteria on 8 May 2026.

Industry

EIB to advise Antibiotice on governance upgrade

The European Investment Bank (EIB) will advise Antibiotice, Romania's largest pharmaceutical company with majority Romanian capital, on strengthening its corporate governance to support future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align its risk-management framework and business operations with international best practice in the pharmaceutical sector.

Real estate

Penny Romania surpasses €2 billion revenue in 2025

Penny Romania ended 2025 with revenue of RON 10.6 billion lei (€2.1 billion), marking a 12.01% increase compared to the previous year. The discount retailer opened 40 new stores, reaching 456 units nationwide, and completed its fifth logistics centre in Mihăilești, Giurgiu County.

Economy

Romania's GDP drops 1.7% in Q1 2026

Romania's GDP fell by 0.2% in Q1 2026 compared to the previous quarter, according to data released by the National Institute of Statistics (INS).

LATEST NEWS
Energy

E.ON Romania plans €120 million investment in energy solutions

E.ON Energie Romania plans to invest approximately €120 million over the next five years, primarily in developing its portfolio of energy solutions including photovoltaic systems, heat pumps, energy efficiency measures and electric mobility infrastructure.

Industry

Electric cars registrations in Romania up to 26% during April 2026

New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).

Bucharest office market sees more lease deals in Q1 2026

Leasing transactions for modern office space in Bucharest increased by 14% in Q1 2026 compared to the same period last year, while new demand rose by 24%. However, the market remains below pre-pandemic levels, according to Colliers data.

NEPI Rockcastle posts slight net rental income growth in Q1 2026

NEPI Rockcastle said its Q1 net rental and related income (NOI) reached €157.7 million, up 3.4% versus Q1 2025. Property NOI increased 3.2% to €155.4 million, while net revenue from energy activities rose to €2.3 million, reflecting the scaling of the group's renewable energy platform.

Real estate

Romanian retail deliveries slow down in Q1 2026

Romania's retail market experienced a challenging Q1 2026, according to a report by Cushman & Wakefield Echinox. While macroeconomic indicators reflect a period of adjustment, the high street segment and medium-term development pipeline remain robust.

Real estate

Strabag becomes general contractor for Speedwell's mixed-use scheme in Bucharest

Speedwell and Strabag have signed a construction contract for the development of Queens District, a mixed-use project in northern Bucharest. Strabag will serve as general contractor for the office and residential buildings and will relocate its Bucharest HQ to the project under a long-term lease agreement.

Real estate

Find out who's shaping Romanian real estate in 2026

Business leaders from finance, energy, technology, real estate and professional services will gather in Bucharest next week to discuss how companies can navigate economic uncertainty, technological disruption and shifting market dynamics. Bucharest Business Forum 2026 brings together senior executives, investors and decision-makers for an afternoon focused on leadership, transformation and long-term growth opportunities.

IFC to acquire 10% stake in Romanian pension firm Carpathia
Finance

IFC to acquire 10% stake in Romanian pension firm Carpathia

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.

Romanian leu hits new historic low against euro
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.

Romanian leu hits new historic low against euro
Finance

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.

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.

Find out whos shaping Romanian real estate in 2026
Real estate

Find out who's shaping Romanian real estate in 2026

Business leaders from finance, energy, technology, real estate and professional services will gather in Bucharest next week to discuss how companies can navigate economic uncertainty, technological disruption and shifting market dynamics. Bucharest Business Forum 2026 brings together senior executives, investors and decision-makers for an afternoon focused on leadership, transformation and long-term growth opportunities.

Sphera Franchise Group acquires wagamama franchise for Romania
Real estate

Sphera Franchise Group acquires wagamama franchise for Romania

Sphera Franchise Group has acquired the franchise rights for wagamama, the pan-Asian restaurant brand, to develop the concept in Romania. The franchise will be implemented through a newly established company wholly owned by Sphera Franchise Group.