Economy

Business Forum   |   13 January, 2026 at 3:28 PM

Romanian chamber of commerce backs EU-Mercosur trade deal

The Romanian Chamber of Commerce and Industry (CCIR) has unanimously decided to support the free trade agreement between the EU and Mercosur, backing the decision made by the European Association of Chambers of Commerce (Eurochambres) at its November 2024 General Assembly.

Business Forum   |   12 January, 2026 at 12:15 PM

Romania's trade deficit narrows in first 11 months of 2025

Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).

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Energy

OMV Petrom locks in €800 million biofuels supply deal

OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.