Economy

Business Forum   |   6 May, 2025 at 8:57 AM

Cătălin Predoiu named Romania's Interim PM

Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.

Business Forum   |   5 May, 2025 at 3:49 PM

Romania's unemployment slightly falls in March

The seasonally adjusted unemployment rate was 5.5% in March 2025, a decrease of 0.1 percentage points compared to the previous year, according to data published by the National Institute of Statistics (INS).

Business Forum   |   5 May, 2025 at 1:21 PM

Romanian Leu falls against major currencies

The Romanian currency leu has depreciated on Monday against major currencies, following the first round of presidential elections in Romania.

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Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.

Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.