Economy

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).

Business Forum   |   23 June, 2025 at 6:23 PM

MPs vote new Government in Romania

The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.

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Energy

EC probes Romanian nuclear plant aid package

The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.

Real estate

Vastint Romania signs first tenant for TNS Phase 2

Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.