Economy

Business Forum   |   8 May, 2025 at 2:56 PM

Euro jumps to new high against leu

The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222

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.

Business Forum   |   11 April, 2025 at 9:37 AM

Romania's inflation falls below 5% in March

Romania's annual inflation rate fell to 4.86% in March 2025, down from 5.02% in February, according to data released on Friday by the National Institute of Statistics (INS).

Business Forum   |   9 April, 2025 at 11:37 AM

Romanians to spend more for Easter this year

Romanians are preparing to spend an average of RON 800 (€160) on food and preparations for Easter, reveals a recent study by Raiffeisen Bank, in collaboration with Appinio.

Business Forum   |   8 April, 2025 at 7:00 AM

Romania's central bank keeps key rate at 6.5%

The National Bank of Romania (BNR) decided on Monday to maintain the key interest rate at 6.5%, while warning that the inflation rate could pick up in Q2 2025 and the labor market remain unfazed.

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Romania cuts budget deficit by more than half in Q1 2026
Finance

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

Industry

Siemens wins Romania's first hydrogen train contract

Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.

Industry

AI simplifies work but fuels employee anxiety, survey finds

AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.