Economy

Business Forum   |   5 September, 2025 at 1:00 PM

Romanian-German trade falls by 1.9% in H1 2025

Trade between Romania and Germany saw a 1.9% decrease in H1 2025 compared to the same period in 2024, according to the Romanian-German Chamber of Commerce and Industry.

Business Forum   |   5 August, 2025 at 5:35 PM

Ion Iliescu, ex-Romanian President, dies at 95

The Government has announced the death of former Romanian President Ion Iliescu. The former Head of State passed away on August 5 at the "Prof. Dr. Agrippa Ionescu" Clinical Emergency Hospital.

Business Forum   |   24 July, 2025 at 9:19 AM

Inflation to soar near 9% in Romania, says S&P

Romania's inflation rate, already among the highest in CEE at 5.8% as of June 2025, is projected to rise sharply, could potentially reach close to 9% in the coming months.

Business Forum   |   11 July, 2025 at 4:38 PM

Average net salary in Romania gains 7.6% by May 2025

The average net salary in Romania decreased by 2.5% to RON 5,508 (€1,109.91) in May, compared to April 2025, according to data from the National Institute of Statistics (INS).

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Industry

Bozankaya to supply 10 more trams in Timișoara

Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.

Energy

MOL Group reports 11% drop in pre-tax profit during 2025

MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.