Latest news
Tuesday, 17 June, 2025
16:09
Romanians boost dining out spending to over €6 billion annually
Romanians spent a combined €6.2 billion on dining out last year, a figure more than quadruple the amount spent a decade ago, with average spending at €830 per family in 2024, according to a Colliers report.
16:00
CEE Industrial Market becomes more selective and data-driven
The industrial real estate market in CEE has entered 2025 with strong momentum. According to new market data released by iO Partners, the total stock of industrial space has reached 34.4 million sqm in Q1 2025, marking a 1.1% quarter-on-quarter increase.
13:06
Vladimir Kalinov to leave Raiffeisen Group after 30 years
Vladimir Kalinov, Vice President of Retail at Raiffeisen Bank Romania, is concluding his mandate to pursue other professional opportunities.
10:11
EU funding awarded for two solar projects in Romania
Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
07:00
Romanian companies have challenges in successful AI adoption, finds EY study
Although 60% of organizations in Romania are involved in AI utilization, either through testing or adoption planning.
Monday, 16 June, 2025
18:08
Microsoft rolls out enhanced sovereign cloud solutions in EU
Tech giant Microsoft announced the expansion of its European Digital Commitments with comprehensive Microsoft sovereign cloud solutions.
16:04
Romanian airline launches direct flight to Damascus
Dan Air, a private Romanian airline, inaugurated its regular flight service between Bucharest and Damascus on June 15.
14:00
Romanian patients face average 460-day wait for innovative medicines
Romanian patients wait, on average, 460 days to access innovative medicines, even after these therapies have been approved for reimbursement by the National Agency for Medicines and Medical Devices (ANMDM).
10:00
Summer holiday budget of Romanians edging close to €1,500
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Friday, 13 June, 2025
16:00
FlixBus expands summer routes from Romania to Bulgaria and Greece
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
10:52
EDP reaches 570 MW of renewable capacities in Romania
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
09:40
German tech company cbs enters Romania
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
06:00
Romania's inflation could hit 6% by year-end, says ING
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Thursday, 12 June, 2025
19:08
Metaminds names new CEO
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.
17:04
Symmetrica completes €15 million factory in Vrancea
Symmetrica, the Romanian producer of vibro-pressed paving stones and kerbs, has completed its second factory within the Doaga industrial centre in Vrancea County.
14:12
Romania sees 4.3% rise in net economy investments during Q1 2025
Net investments in the Romanian national economy totalled RON 37.48 billion (€7.57 billion) in Q1 2025, marking a 4.3% increase compared to Q1 2024, according INS.
11:06
Energy storage in Romania could reach €1 billion in investments
Romania has a potential market value of over €1 billion in investments for storage capacities in the coming years alone, based on announced projects and upcoming tenders.
09:23
CarbonTool expands in EMEA
CarbonTool, the platform for carbon footprint management, said it is expanding into Ukraine, Turkey, Cyprus, and the Middle East.
07:05
Erste and BCR refinance office building in Bucharest
Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.
Wednesday, 11 June, 2025
17:06
Strabag subsidiary opens largest bitumen facility in Romania
SAT Reabilitare Reciclare, a subsidiary of construction group Strabag, inaugurated Romania's largest and most technologically advanced bitumen emulsion production facility.
15:04
World Bank lowers Romania's growth estimate for 2025
The Romanian economy is projected to grow by 1.3% this year, a decrease from the 2.1% forecast in January, according to the latest World Bank report on global economies.
13:24
M Core's development pipeline in Romania tops €200 million
M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.
12:46
Iulius invests €28 million in new retail park
Romanian developer Iulius is investing €28 million in its third retail park under the Family Market brand in Tomești commune, Iași County.
10:07
Hagag Development Europe permits new phases of resi complex near Bucharest
Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.
09:35
Lion's Head secures permit for logistics park in Romania
Lion's Head Investments has secured the building permit for its first logistics park in Romania. The company will invest €65 million in the industrial project located in Popești-Leordeni, near Bucharest, for which construction is slated to start in Q3 2025.
08:53
Sameday to buy package delivery competitor Cargus
Romanian package delivery company Sameday, controlled by e-commerce giant eMAG, has announced the purchase of Cargus, the delivery firm owned by MidEuropa Partners.
06:02
Non-EU players pressure Romanian online businesses, says ARMO study
Seven out of ten Romanian businesses anticipate a decline in sales due to unfair competition from international e-commerce platforms, primarily from Asia.
Tuesday, 10 June, 2025
17:05
Romania aiming to boost renewable hydrogen production by 2030
Romania aims to produce 153,000 tons of renewable hydrogen annually and reduce carbon emissions by over 2 million tons by 2030, according to the National Hydrogen Strategy 2023-2030.
14:10
Inflation tops concerns of Romanian consumers, says BCG survey
Inflation and energy prices are subjects of concern for more than half of Romanians, according to a recent European survey by Boston Consulting Group (BCG).
11:39
Selgros Romania to add EV charging stations to its store network
Wholesale retailer Selgros has announced a strategic partnership with Voltrelli-EVConnect for the development of electric vehicle (EV) charging infrastructure across Romania.
08:56
Romanians ahead of the Dutch on women share in investment funds
Women account for just over one in five (21%) investment professionals in private equity (PE) and venture capital (VC) funds operating in Romania.
Friday, 6 June, 2025
15:56
OLX Group sells KIWI Finance to Partners Financial Services
OLX Group has announced the sale of its subsidiary, KIWI Finance, to Partners Financial Services, a Czech financial consulting company.
14:06
Regulator approves one of the biggest wind farms in Romania
Romania's energy regulator ANRE has approved the establishment of one of the largest wind farms in Romania.
11:33
Blacklane expands to Romania
Blacklane, the operator of a premium chauffeur service platform, has started operations in Bucharest as part of its expansion in Romania.
09:03
Growth of Romanian retail banking stands out in Europe
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
Thursday, 5 June, 2025
17:32
Patria Bank secures new loan from EFSE for small businesses
Patria Bank has announced a new €8 million subordinated loan from the European Fund for Southeast Europe (EFSE).
16:05
eMAG to boost investments by 30% in new financial year
eMAG Group announced a consolidated turnover of RON 11.2 billion (€2.24 billion) for the fiscal year ending March 2025, marking a 12% increase from the previous year.
13:08
VAT Group opens new production plant in Arad
VAT Romania, a high-performance vacuum valve supplier part of the VAT Group, has officially opened a new 21,000 sqm production facility within VGP Park Arad.
09:50
Resi sales in Romania continue to fall going into Q2 2025
The Romanian residential market has seen transactions falling by nearly 9% in the first four months of 2025 compared to the same period in the previous year. In Bucharest, the fall in deals reached 12%, according to data released by Colliers.
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