Economy
Romania's inflation could hit 6% by year-end, says ING
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.
Symmetrica, the Romanian producer of vibro-pressed paving stones and kerbs, has completed its second factory within the Doaga industrial centre in Vrancea County.
Net investments in the Romanian national economy totalled RON 37.48 billion (€7.57 billion) in Q1 2025, marking a 4.3% increase compared to Q1 2024, according INS.
Romania has a potential market value of over €1 billion in investments for storage capacities in the coming years alone, based on announced projects and upcoming tenders.
CarbonTool, the platform for carbon footprint management, said it is expanding into Ukraine, Turkey, Cyprus, and the Middle East.
SAT Reabilitare Reciclare, a subsidiary of construction group Strabag, inaugurated Romania's largest and most technologically advanced bitumen emulsion production facility.
The Romanian economy is projected to grow by 1.3% this year, a decrease from the 2.1% forecast in January, according to the latest World Bank report on global economies.
Romanian package delivery company Sameday, controlled by e-commerce giant eMAG, has announced the purchase of Cargus, the delivery firm owned by MidEuropa Partners.
Seven out of ten Romanian businesses anticipate a decline in sales due to unfair competition from international e-commerce platforms, primarily from Asia.
Romania aims to produce 153,000 tons of renewable hydrogen annually and reduce carbon emissions by over 2 million tons by 2030, according to the National Hydrogen Strategy 2023-2030.
Wholesale retailer Selgros has announced a strategic partnership with Voltrelli-EVConnect for the development of electric vehicle (EV) charging infrastructure across Romania.
Women account for just over one in five (21%) investment professionals in private equity (PE) and venture capital (VC) funds operating in Romania.
Romania's energy regulator ANRE has approved the establishment of one of the largest wind farms in Romania.
Blacklane, the operator of a premium chauffeur service platform, has started operations in Bucharest as part of its expansion in Romania.
eMAG Group announced a consolidated turnover of RON 11.2 billion (€2.24 billion) for the fiscal year ending March 2025, marking a 12% increase from the previous year.
Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.
M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.
Romanian developer Iulius is investing €28 million in its third retail park under the Family Market brand in Tomești commune, Iași County.
Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.
Lion's Head Investments has secured the building permit for its first logistics park in Romania. The company will invest €65 million in the industrial project located in Popești-Leordeni, near Bucharest, for which construction is slated to start in Q3 2025.
The Romanian residential market has seen transactions falling by nearly 9% in the first four months of 2025 compared to the same period in the previous year. In Bucharest, the fall in deals reached 12%, according to data released by Colliers.
Polish developer Scallier opened a new retail park with a leasable area of 10,000 sqm in Ploiești.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).
Pleso Therapy startup, the developer of a mental health app, has raised $1.2 million to bolster its European presence.
The net assets of 247 open-ended and closed-ended investment funds in Romania, both local and foreign, saw a slight decrease of 0.9% in April.
GapMinder Fund II announced a €2 million seed investment in Salestools AI, supporting the company's vision to automate and enhance B2B sales processes through autonomous digital agents.
The Ministry of Finance secured RON 846.5 million (€167 million) from banks on Monday through a benchmark government bond issue with a residual maturity of 23 months, at an average annual yield of 7.23%,
Income, an Estonian fintech company connecting investors with non-bank lenders, announced today its target to raise €1.5 million to expand its private debt investment platform.
The Romanian leu was up on Monday against the main foreign currencies, starting to recover some of the losses recorded in the past week over political uncertainties.
Polish developer Scallier opened a new retail park with a leasable area of 10,000 sqm in Ploiești.
Immobiliare Grande Distribuzione (IGD) has sold the Winmarkt Crinul Nou shopping centre, located in Alexandria, southern Romania, to a private Romanian investor, for €3.3 million.
