Latest news
Wednesday, 23 April, 2025
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,
11:01
Romania faces a clean energy glut during the Easter holidays
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
07:04
OMV Petrom and CE Oltenia start €400 million investment in PV projects
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Wednesday, 16 April, 2025
16:30
Contakt plans CEE expansion
Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.
15:05
Romgaz names new Chairman of the Board of Directors
State-owned gas producer Romgaz has appointed Dumitru Chisăliță as the new Chairman of the Board of Directors.
11:06
Romcim buys two production facilities in Romania
Romcim, a CRH company, has further solidified its position in the Romanian construction industry by acquiring two concrete production facilities from BCC Agregate Betoane.
10:08
Prime Kapital to open Mall Moldova this week
Prime Kapital will open Mall Moldova on April 17, with Cushman & Wakefield Echinox providing strategic consultancy to the developer.
08:16
Romanian managers display cautious optimism amidst global economic concerns
A new study reveals that Romanian entrepreneurs are navigating a delicate balance between optimism and concern as they face an increasingly unstable global economy.
Tuesday, 15 April, 2025
18:18
Fil Rouge Capital expands into Romania
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
16:25
UK dominates Romanian real estate investments in Q1 2025
The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.
15:09
7X Partners buys stake in Leventer Medical Group
7X Partners, a private equity investment company, has acquired a 40% stake in Leventer Medical Group, a centre for dermato-oncology based in Bucharest.
12:55
Bucharest's data centre capacity has potential to double
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.
12:40
Alesonor begins construction of Romania's first nZEB school campus
Alesonor has started the construction of the Verita International School & Kindergarten campus within the Amber Forest complete suburb.
10:03
Colliers takes over management of Victoria Center in Bucharest
Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.
08:02
Solero Technologies expands into Romania with Kendrion Automotive acquisition
Solero Technologies, a global supplier of automotive components, has announced a significant expansion into Europe through the acquisition of Kendrion's automotive business.
Monday, 14 April, 2025
16:22
EBRD seeks investors for Moldova's strategic port
The European Bank for Reconstruction and Development (EBRD) has announced the launch of an international tender to find new investors for Giurgiulești International Free Port.
13:19
Hagag Development Europe buys stake in Bucharest mixed-use building
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.
13:00
SmartBill names new CEO
SmartBill, the local provider of billing and management software solutions part of Visma group, has announced the appointment of Alex Leca as its new CEO.
09:40
Geld Capital Management delivers retail park in Curtea de Argeș
Geld Capital Management and its subsidiary, Repaco Capital, have delivered the Curtea de Argeș Retail Park, boasting a total leasable area of 6,100 sqm.
09:25
Dividend season on the BVB: Average of nearly 5%
The average dividend yield proposed for shareholders' voting for a selection of companies within the BETPlus index is 4.8%, according to a Tradeville report.
07:20
BVB appoints new CEO
Remus Vulpescu will be the new CEO of the Bucharest Stock Exchange (BVB) starting this summer, following a board decision
Friday, 11 April, 2025
17:01
Romania secures funding for 26 recycling plants
The Environment Fund Administration (AFM) has announced that 26 recycling plants are set to be built in Romania, backed by funding of RON 674.75 million.
14:00
Global number of wealthy individuals grows in 2024
The number of high-net-worth individuals (HNWIs) globally has seen a significant rise, according to Knight Frank's latest Wealth Report.
11:36
Nofar Energy signs development contract for 265 MW PV plant in Romania
Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.
09:37
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).
08:06
Romania resi sales down during Q1 2025
The Romanian residential real estate market experienced a slowdown in Q1 2025, with sales decreasing both in Bucharest and nationwide, according to a recent analysis by SVN Romania.
Thursday, 10 April, 2025
20:00
Premier Energy to fully acquire cogeneration plant in Romania
Premier Energy has announced its plans to acquire the remaining 25% stake in True Energy Management for €3 million.
16:45
Salt Bank exceeds 500,000 customers in first year
Romanian neobank Salt Bank has recorded over 500,000 customers in the first year of operation, a figure that is double compared to its initial launch projections.
14:22
Penny Romania plans to invest €3 billion over a decade
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
11:36
Romania leads in shopping centre entertainment
Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.
11:20
WDP to expand logistics project near Bucharest
WDP is investing €52 million in the expansion of its WDP Park Bucharest-Dragomirești project.
11:01
Romania hosts over 100 coworking spaces
The coworking market in Romania has over 100 projects in operation across Bucharest and regional cities, and the demand for flexible spaces is expected to grow over the continuation of the hybrid work arrangements.
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