Latest news
Wednesday, 30 April, 2025
18:05
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.
17:10
BCR profits rise by nearly 20% in Q1 2025
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
15:12
CEE executives have strong outlook for business growth in 2025
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
15:05
Meta Estate Trust invests €4 million in Bucharest apartments
Public real estate fund Meta Estate Trust has announced new investments of approximately €4 million in Bucharest's residential sector. The investments, made within the company's trading business line, encompass four residential projects in two key areas of the city.
07:23
Romania opens way for pension funds to invest in private equity
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
Tuesday, 29 April, 2025
17:07
Engie Romania completes wind farm purchase in Constanța
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
16:15
Strabag sees 32% hike in order backlog in Romania
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024.
15:48
Shopper Park Plus mulls CEE expansion
Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield.
11:56
Globinvest launches new energy & financials ETF on BVB
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,
09:32
Franklin Templeton announces key management changes at Fondul Proprietatea
Franklin Templeton International Services, the Sole Director and Alternative Investment Fund Manager of Fondul Proprietatea, has announced key management changes effective July 1 2025.
Monday, 28 April, 2025
16:55
Romania's energy system is operating without any issues, says minister
Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.
15:33
Romanians expect to pay up to €4,000 for home renovations
A recent study by Raiffeisen Bank, in collaboration with global market research company Appinio, reveals that three out of four respondents are planning home renovations in 2025.
12:46
CFA Romania survey: Romania will maintain its investment-grade rating over the next 12 months
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
11:03
Government incentives boost Romania's attractiveness in industrial, offices
Romania stands out in the CEE as an increasingly attractive destination for investors in the industrial and office real estate sectors, a Colliers analysis reveals.
09:00
Bolt Food names new GM in Romania
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
07:05
Otokar to manufacture armored vehicles in Romania under JV deal
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Friday, 25 April, 2025
18:02
Chinese car brand Chery enters Romanian market
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.
15:41
OMV Petrom's renewable capacity exceeds 2 GW
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
12:26
McDonald's Romania posts 16% hike in turnover during 2024
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
09:49
Hartmann Packaging buys plant in Romania
Hartmann Packaging has announced the purchase of the Romanian subsidiary of Dentaş Kağıt Sanayi, which specializes in the production of molded fiber packaging solutions.
Thursday, 24 April, 2025
17:19
Tchibo Brands Romania relocates to Business Garden Bucharest
Tchibo Brands Romania is moving its headquarters to Vastint's Business Garden Bucharest, occupying 1,130 sqm on the 4th floor of Building A.
15:20
DVI Production opens €40 million plant in Romania
DVI Production, the owner of the Fortem brand, a manufacturer of linear masonry elements, is opening a new factory in Iernut, Mureș County, which will have the largest production capacity in Europe.
13:45
Wolt starts operations in Romania
Wolt, the Helsinki-based technology company, is set to officially launch operations on the Romanian market this May.
11:39
Alfa Group invests €90 million in new resi complex in northern Bucharest
Alfa Group is investing €90 million in the first phase of a new residential project in northern Bucharest.
10:33
Pavăl Holding buys office building in Bucharest
Romanian real estate group Pavăl Holding, controlled by the Pavăl brothers, has taken over the Ethos House office building, in northern Bucharest, from Anastasios Gotsis for an undisclosed sum.
09:58
Bucharest's hotel market sees strong development pipeline by 2027
Bucharest's hotel market is experiencing a strong recovery, with significant growth in key performance indicators, according to Cushman & Wakefield Echinox.
09:41
Romania's property market keeps investment momentum in early 2025
Romania's commercial real estate sector recorded total investment volumes of €169 million during Q1 2025, more than double the volume of the previous quarter and nearly on par with the same period last year, according to a report by CBRE.
09:16
Romania's annual growth rate to remain under 2% by 2026
The World Bank projects that economic growth in the Europe and Central Asia region will decelerate in the coming years, while Romania will stay on a growth path.
Wednesday, 23 April, 2025
18:01
TeraPlast completes acquisition of Aquatica Experience Group
TeraPlast has announced the completion of its acquisition of a 51% stake in Aquatica Experience Group (AEG) in a deal worth €2 million.
16:42
Brașov-Ghimbav sees double passenger volumes in Q1 2025
During Q1 2025, the Brașov-Ghimbav International Airport saw a total of 56,897 passengers, more than double the figure for the same period in 2024.
15:11
Provident Financial Romania names new Sales Director
Provident Financial Romania, part of the British International Personal Finance (IPF) group, has named Laurențiu Mărculescu its new Sales Director.
10:01
IMF downgrades growth forecast for Romanian economy
The IMF has lowered its growth projections for the Romanian economy this year, according to its latest World Economic Outlook report published on Tuesday.
09:48
Romania sees higher construction works in early 2025
Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).
Tuesday, 22 April, 2025
14:16
Romania records highest EU deficit in 2024
Romania recorded the highest government deficit among EU member states in 2024, standing at -9.3% of GDP.
12:00
Simtel secures €16 million investment loan for solar park
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
10:09
Nawaf Salameh, Founder of Alexandrion Group, dies at 59
Nawaf Salameh, the Founder and President of Alexandrion Group, which specializes in spirits and wine production, died on Sunday at 59 years old.
07:04
Bucharest Municipality is back on the bond market
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.
Thursday, 17 April, 2025
19:11
Restart Energy One files for credit composition procedure
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
16:35
New government bonds worth €270 million start BVB trading
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
15:05
Cautious consumer spending leads to this year's Easter holidays in Romania
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
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