Energy

Business Forum   |   6 May, 2025 at 4:30 PM

Romania inks first energy memorandum with Turkey

Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.

Business Forum   |   30 April, 2025 at 6:05 PM

OMV Petrom's net profit drops by 24% in Q1 2025

OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.

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Economy

Romania's inflation hits 10.85% in May 2026

Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).