Finland's KJK Balkan Trims Holding In Rompetrol Well Services Below 5% Voting ThresholdFinnish investment fund KJK Balkan Holding has further reduced its stake in Rompetrol Well Services (stock symbol: PTR), dropping below the 5% voting rights threshold after selling a block of shares on November 4, according to a report published on the Bucharest Stock Exchange.
Airline DAN AIR Goes InsolventAirline DAN AIR has officially entered insolvency proceedings after the Bucharest Court of Law granted its petition, according to a decision published on the courts’ web portal on November 6, 2026.
Romania eyes EUR 800 mln Sig Sauer arms deal with Ukraine and MoldovaRomania could soon sign the contract for the purchase of weapons worth more than EUR 800 million, negotiated with US arms manufacturer Sig Sauer, according to G4Media sources. The funding is expected to come through the EU-backed SAFE defense fund, but it will be a joint arrangement with (…)
Geo Margescu, Doron Klein elected to lead Association of Real Estate Investors in RomaniaThe Association of Real Estate Investors in Romania (AREI) has elected Geo Margescu, the co-founder & CEO of Forte Partners, as the new AREI President, and Doron Klein, the group deputy CEO of AFI & CEO of AFI Romania, as VP of the association. AREI gathers real estate investors in (…)
Statistical Office: Romania Retail Sales Down 4.6% YoY In January-September 2026Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) fell by 4.6% in unadjusted data and by 4.9% when adjusted for seasonality and number of working days in January-September 2026 versus the same period of 2025, the country’s statistical office INS said on (…)
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