Energy
Energy price caps in Romania to end after more than 4 years
The energy price cap scheme for consumers in Romania is ending on Monday, after almost four and a half years.
The final 18 kilometres of the A0 southern semi-ring road have opened to traffic on Monday, which will enhance highspeed road connectivity in southern Romania.
The Dr. Holhoș network has inaugurated the largest private ophthalmology hospital in Transylvania, following an investment of approximately €6 million.
Vastint Romania has finalized a new lease agreement with the jewelry brand Pandora, which is moving its offices to Business Garden Bucharest.
Cargo traffic through the Port of Constanța dropped by over 27% in Q1 2025, while traffic via the Danube-Black Sea Canal was approximately 40% lower compared to the same period last year.
Romanian gas transmission company and its Serbian peer JP Srbijagas have signed a Memorandum of Understanding for the construction of two crucial natural gas pipeline projects.
Romania's budget deficit stood at 3.39% of GDP after the first five months of 2025, a slight decrease compared to 3.41% of GDP in the similar period last year.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
FlixBus, Europe's largest intercity coach network, has expanded its services into the Romanian domestic market, launching its first intercounty coach lines.
Romania's capital market has achieved a significant milestone, being classified as an Advanced Frontier Market by MSCI, a leading global index provider.
Arobs Transilvania Software has completed the acquisition of Codingscape, a US-based company, in a deal exceeding $12 million.
Hidroelectrica, Romania's largest green energy producer, announced the awarding of the turnkey contract for the Nufărul Pilot Project floating photovoltaic panel system.
Eurowind Energy, the Danish developer and operator of renewable energy projects, is investing €174.8 million in a new solar park in Vișina, Dâmbovița County.
FintechOS, the developer of a financial product management platform, has announced the appointment of Lidia Cîrstei as Senior Vice President Product & Operations.
Voxa, Romania's leading audiobook and e-book streaming application, is significantly expanding its global presence with an official entry into the Latin American market.
New car registrations in the EU saw a modest year-on-year increase of 1.6% in May 2025, reaching a total of 926,582 units. This growth comes despite a slight dip of 0.6%.
Romanian entrepreneurs have a significant opportunity to invest in renewable energy with over €450 million in EU funding available this summer.
The GhidAI.ro platform, a joint effort by ECDL Romania – ICDL Certification and the Association of Romanian Businesspeople (AOAR), has been launched to provide entrepreneurs...
Romania's Ministry of Economy says it submitted a letter of intent to the European Commission to host the planned Black Sea AI Gigafactory.
Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
CPI Europe has sold assets exceeding €165 million as part of its strategy to divest lower-yielding or non-strategic assets.
While the Southeast European region is projected to maintain its 2024 activity levels, reduced optimism in Eastern Europe is largely attributed to a worsened forecast for Turkey, finds the latest report of the Eastern European Construction Forecasting Association (EECFA).
Skanska's Equilibrium 2 office project, located in northern Bucharest, has achieved WiredScore Platinum certification.
Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.
Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.
The European Commission (EC) has concluded that Romania's recapitalisation of the wholly state-owned Exim Banca Românească, amounting to €250 million (RON 1.25 billion)...
OLX Group has announced the sale of its subsidiary, KIWI Finance, to Partners Financial Services, a Czech financial consulting company.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).
Pleso Therapy startup, the developer of a mental health app, has raised $1.2 million to bolster its European presence.
The net assets of 247 open-ended and closed-ended investment funds in Romania, both local and foreign, saw a slight decrease of 0.9% in April.
GapMinder Fund II announced a €2 million seed investment in Salestools AI, supporting the company's vision to automate and enhance B2B sales processes through autonomous digital agents.
Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.
French real estate group Catinvest has appointed Win Advisors as Administrator of Aparthotel Craiova, which was inaugurated earlier this year within ElectroPutere Parc in Craiova, following a €12 million investment.
