The decisions that change who produces what in Romania: new plants, listings, the state selling what it owns, companies changing hands. Every entry is dated and links to its source.
Big investments, listings, state stake sales, takeovers and PNRR projects, each dated and sourced.
Mazarine Energy B.V. is to buy Black Sea Oil & Gas S.A. and BSOG Holding Activity S.A., Romania's largest offshore gas producer. BSOG stays operator of the Midia Gas Development project, which has supplied about 12% of domestic gas demand since June 2022. The price is not disclosed; completion needs customary regulatory approvals.
Romanian Content Project S.R.L., owned by Clever Media Network and EAD.RO Interactive, is to buy 100% of Dogan Media International S.A. from Dogan Holding: Kanal D, Kanal D2, Radio Impuls and digital operations. The price is EUR 109 million, paid in instalments and subject to adjustments. Completion is subject to regulatory approval.
The court-appointed liquidator of the insolvent Mangalia shipyard, formerly a joint venture with Damen, confirmed its sale to Rheinmetall for €138 million on 9 October. Rheinmetall won a contract of about €920 million in May, under the EU SAFE programme, to build four vessels for the Romanian Navy.
Cris-Tim Family Holding (BVB: CFH) signed on 2 October to buy 100% of Via Trend Ready Meals SRL from Brainfly Ltd, and with it Snack 4U Concept SRL, Romania's largest sandwich maker. The two companies run three production units with 380 staff and had average adjusted turnover of about 143.2 million lei a year in 2023–2025. The price was not disclosed. Cris-Tim expects to cut back significantly the roughly 100 million lei it had planned for a new ready-meals plant.
The InterCapital Poland WIG30TR UCITS ETF tracks Warsaw's 30 largest companies and held about €12 million on 31 August. The listing is subject to final BVB approval and would be the provider's fifth ETF on the exchange.
The turnkey contract, signed in August and made public on 24 September, covers two 400/110 kV substations and two underground 400 kV lines connecting a large photovoltaic plant in the Chișineu-Criș–Nădab area to the national grid.
US Ballistic, an American company, signed a contract on 15 September in Târgu Jiu with Uzina Mecanică Sadu, a state-owned plant, to produce NATO-standard 155 mm artillery ammunition there, interim Defence Minister Radu Miruță announced. The company is to invest $25 million over five years, including in warehouses, roads and utility networks that remain the property of UM Sadu, and to hire about 150 people in the first two years. According to the minister, UM Sadu will also receive about €20 million in rent over ten years.
Nofar Energy, an Israeli developer, said on 15 September that it had signed an agreement with an international supplier for battery storage systems totalling 1.09 GWh at two solar projects it is building in Romania, for about €103 million. Valter Mărăcineanu (178 MW of solar) gets 650 MWh of storage for about €57 million, and Corbii Mari (282 MW) gets 440 MWh for about €46 million. Equipment deliveries are due to start in 2027, and both solar projects are due to be completed in the third quarter of 2027.
Uzina Mecanică Cugir, a state-owned arms maker, signed a €54 million contract on 11 September for special equipment to produce NATO-standard 12.7 x 99 mm ammunition components. Three bids were received, one from Belgium and two from Turkey; the winner was not named. The contract is part of a modernisation programme the company values at 552.9 million lei, funded by state support and its own money. The programme also covers 5.56 x 45 mm ammunition capacity, due in November 2026, and a hall upgrade due in December 2026.
The 64 MW, 434.76 MWh system, to be built by Synergy Construct, will be the largest storage capacity in the company's portfolio. 43.4 million lei of the cost comes from the Modernisation Fund.
OMV Petrom said on 10 September that it had invested about €115 million in the electrical infrastructure of its Petrobrazi refinery: a high-voltage line connected directly to a Transelectrica substation, a new electrical substation and a power-distribution substation. The company says the network supports current refining and the capacity it is developing for sustainable aviation fuel (SAF), HVO and green hydrogen.
Austria's STRABAG SE completed the purchase of 100% of BAWI Construction SRL on 1 October, after the regulatory approvals. BAWI is a Bucharest railway infrastructure contractor with 240 employees and €60 million of output in 2025. The takeover was announced on 11 June. The price was not disclosed.
Romgaz, the state-controlled gas producer, bought the fertiliser and industrial-products business of Azomureș, part of the Ameropa group, at its Târgu Mureș platform: the production assets, contracts and employees. The Transfer of Business Agreement was signed on 29 May 2026 and approved by Romgaz shareholders on 6 July. On 2 September Romgaz said it had completed the formalities and would restart production in stages, after inspections and repairs, because operations had been suspended. The Competition Council announced its authorisation of the deal on 11 September.
Foraj Sonde Videle (BVB AeRO: FOJE) completed the purchase of 100% of Raffles Energy (UK) Ltd on 25 September, after the conditions and approvals were met. The UK holding owns Raffles Energy SRL and Zenith Resources SRL, which hold natural gas concessions and projects with Romgaz, at shares of 50% to 60%, and produce electricity from gas. The deal was announced on 9 April. The price was not disclosed.
What counts. A move is a decision that changes who produces what in Romania: a large investment with a stated amount, a listing or share offering on the Bucharest Stock Exchange, the state selling or buying a stake, a company changing hands, or a project paid for by the PNRR.
Announced is not done. Each entry shows its status. An investment announced is a plan; one marked in force has happened. When a plan is dropped or replaced, the entry says so rather than disappearing.
Sources. Every entry links to the document behind it: the company’s or the exchange’s announcement, the ministry’s decision, the Commission’s notice. Press coverage is used only when no primary document exists.