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Romania – Retail sales down for the third quarter in a row in Q1 | NEGATIVE

by Stoian Cosmin 05/12/2026

• Romania – Retail sales down for the third quarter in a row in Q1 | NEGATIVE • According to the figures recently released by the National Institute of Statistics (NIS), the volume of retail sales (a proxy for private consumption, …

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05/12/2026

SNG RO: Q1 2026 Earning preview

by Stoian Cosmin 05/11/2026

* Romgaz is scheduled to release Q1 2026 results on May 15, followed by a teleconference during the same day at 01:00 PM local time.  * We estimate Q1 2026 net profit at RON 850m, down 11% Y/Y, mainly on …

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05/11/2026

PE RO: Scaling generation, anchoring returns

by Stoian Cosmin 05/11/2026

* We initiate coverage on Premier Energy with a NEUTRAL recommendation and a target price of RON 56.3, reflecting the Group’s transition towards a more integrated and earnings-generative model. From 2026, the company expands its renewable footprint with 158 MW …

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05/11/2026

PE RO: GSM documents reveal DEO transaction structure and up to EUR 750m financing package | NEUTRAL

by Stoian Cosmin 05/11/2026

PE RO: GSM documents reveal DEO transaction structure and up to EUR 750m financing package | NEUTRAL * PE RO: Premier Energy published the GSM documentation related to the acquisition of Felix Distribution Holdings (parent company of Distribuție Energie Oltenia …

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05/11/2026

TGN RO: The state proposes a DPS of RON 2.95/share | NEUTRAL

by Stoian Cosmin 05/11/2026

TGN RO: The state proposes a DPS of RON 2.95/share | NEUTRAL * TGN RO: The Romanian state proposed the distribution of a gross dividend of RON 2.95/share, following the enforcement of the state memorandum requiring SOEs to distribute at …

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05/11/2026
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