Lukoil refinery in Romania files for insolvency

Lukoil's refinery in Romania has filed for insolvency, saying the move is meant to protect its activity and employees. The filing comes as a sale of Lukoil's foreign assets is still unresolved. In separate Romanian business news, Lithuania's largest trucking company Girteka is moving operations to Latvia and Romania, and an AdBlue producer linked to Babiš, Greenchem, is set to acquire Romanian distribution assets. Romania's Patria Bank also reported faster lending in the second quarter of 2026, with its loan portfolio approaching RON 3 billion.