Romania: Romanian banks receive motivation for EUR 710 mln fine set by (…)

September 30, 2026

Romanian banks receive motivation for EUR 710 mln fine set by competition body
Sep 30, 2026

Romanian banks receive motivation for EUR 710 mln fine set by competition body.

Several banks, including market leader Banca Transilvania, have announced plans to appeal. Raiffeisen said the documents it received did not (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Carmistin Takes Over Aaylex One Group Carmistin group, an integrated agribusiness group, signed an agreement with Aaylex One group for the takeover of operations and control over the poultry assets the latter owns.

Eurostat: Six in ten young Romanians live in overcrowded spaces, highest share in EU Six in ten (60.4%) young Romanians aged between 15 and 29 lived in overcrowded spaces in 2025, the highest share in the European Union. By comparison, only 26.9% of young Europeans were in the same situation, according to Eurostat data published on Tuesday, September 29. Romania was followed in (…)

EM Group Sees H1/2025 Consolidated Net Profit Rise almost 40% to RON34M EM Group, the holding that controls Electromontaj, Emfor and Iproeb, ended the fist half of 2026 with consolidated net profit of RON34 million (EUR7 million), up 39.9% from the year-earlier period.

Vitall Posts 10.7% Higher Turnover in 2025 YOY Vitall, a company based in Dolj County and engrossed in natural fodder manufacturing and poultry farming, in 2025 registered turnover worth RON718.2 million (EUR142.4 million), up 10.7% from 2024, in line with ZF calculations based on Finance Ministry data.

Vimercati 2025 Turnover Down 8.9% YOY Vimercati East Europe, which produces electromechanical and electronic components in a plant in Bacau county, for 2024 reported turnover of RON287.4 million (EUR57 million), down 8.9% from 2024, in line with ZF calculations based on Finance Ministry data.

Joris Ide Ends Jan-Sept with 15% Higher Turnover Local building materials producer Joris Ide, part of Kingspan group, boosted its turnover by around 15% in the first nine months of 2026 from the year-earlier period and expects growth for the entire year.

Report: eMAG, Raiffeisen Bank lead Romanian brands in AI search eMAG, Raiffeisen Bank, Allianz-?iriac, Booking.com, and Fashion Days are the brands that appear most frequently in responses generated by ChatGPT, Gemini, and Perplexity, according to the State of AI Search Romania report released by GEOflux.ai. As per the report, brand visibility in (…)