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Major Romanian oil and gas group OMV Petrom (BVB: SNP) saw its sales decrease by 20% y/y to RON 9.47 bln (EUR 2 bln), according to the group's financial report filed to the Stock Exchange. The group's net profit reached RON 1.48 bln (EUR 300 mln), down by 15% compared to the first three months of...

Major Romanian electro-IT retailer Altex, which operates physical stores and an online store that hosts third-party sellers, purchased for an unspecified price a EUR 4.6 mln claim held by Banca Transilvania against insolvent online retailer of furniture and home decoration goods Vivre Deco,...