Economy

Business Forum   |   19 May, 2025 at 5:35 AM

Bucharest Mayor wins presidential bid in Romania

Bucharest Mayor Nicușor Dan won the second round of presidential elections in Romania as an independent candidate, defeating George Simion, leader of the nationalistic AUR party.

Business Forum   |   15 May, 2025 at 8:10 AM

FDI in Romania falls sharply in Q1 2025

Foreign Direct Investments (FDI) in Romania decreased to €1.67 billion in Q1 2025, down over 32% versus the same period last year.

Business Forum   |   14 May, 2025 at 6:00 PM

Romania's inflation remains steady in April 2025

Romania's Consumer Price Index (CPI) increased marginally by 0.07% compared to March 2025, while the annual inflation rate reached 4.9% by April 2025, according to the National Institute of Statistics (INS).

Business Forum   |   13 May, 2025 at 12:02 PM

EBRD sees slowing Romanian economy in 2025

The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.

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Electrica secures grid permits for 700 MWh of storage
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Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.