Latest news
Friday, 9 May, 2025
15:02
One United raises funding for Bucharest office project
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.
15:00
MOL Group records 23% profit hike in Q1 2025
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
13:04
Metigla plans €15 million investment in Romania
Metigla, a producer of complete solutions for metal roofing and cladding, is preparing to invest €15 million in its local operations, adding to the €25 million invested over the past 25 years.
09:44
Hidroelectrica to add PV systems to its power plants
Hidroelectrica has announced the signing of a contract for the development of a photovoltaic project at its power plants on the middle and lower sections of the Olt River.
07:32
BYD enters Romania, plans local expansion
Chinese EV maker BYD has officially launched in Romania and is introducing a range of 100% electric and plug-in hybrid models to the country's automotive market.
Thursday, 8 May, 2025
17:03
Liviu Drăgan, Druid AI CEO, dies at 70
Liviu Drăgan, the Founder and CEO of Druid AI, has died at age 70. He was an engineer, inventor, and business leader with over four decades of experience.
14:56
Euro jumps to new high against leu
The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222
12:51
Romania's three-month ROBOR index jumps to 7.25%
The three-month ROBOR index, which is used to calculate the cost of consumer loans in lei with variable interest rates, increased to 7.25% per annum on Thursday, from 6.47% per annum in the previous session.
10:36
Moov Leasing secures €110 million syndicated loan for expansion
Moov Leasing, a Romanian company specializing in 100% digital operational leasing for individuals, microenterprises, and SMEs.
09:44
Industrial leasing in Romania up 31% in Q1 2025
The Romanian industrial and logistics market has recorded a 31% year-over-year increase in leased space, totaling nearly 260,000 sqm during Q1 2025, according to a new report by Cushman & Wakefield Echinox.
Wednesday, 7 May, 2025
17:00
EC urges Romania to remove gas pricing restrictions
The European Commission has issued a reasoned opinion to Romania, urging the country to remove restrictions on gas producers' ability to determine wholesale prices.
14:03
First cargo aircraft lands in Oradea Airport
Oradea Airport marked a major milestone with the landing of its first cargo aircraft, making it the only airport in Romania.
12:19
Sergiu Neguț named new President of Romanian Business Leaders
Romanian Business Leaders (RBL), the foundation comprising over 500 local entrepreneurs, has named Sergiu Neguț, Co-Founder of FintechOS, as President.
11:35
Amstar Management sells two hotels in Bucharest
Romanian hotel manager Amstar Management has sold two projects in Bucharest for an undisclosed amount.
09:37
EY: Businesses in Romania focusing on electrification and emission reduction
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value.
Tuesday, 6 May, 2025
16:30
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.
13:20
Romanian leu reaches record low against the euro
The Romanian leu (RON) depreciated on Tuesday against the euro, which the National Bank of Romania (BNR) calculated at RON 5.0378.
08:57
Cătălin Predoiu named Romania's Interim PM
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
06:46
Romania's PM steps down over presidential elections outcome
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
Monday, 5 May, 2025
16:04
Romania's BVB financial index hit hardest after presidential elections
The main index of the Bucharest Stock Exchange (BVB), the BET, experienced a significant downturn on Monday, falling by 2.63% to 16,689 points by the late afternoon.
15:49
Romania's unemployment slightly falls in March
The seasonally adjusted unemployment rate was 5.5% in March 2025, a decrease of 0.1 percentage points compared to the previous year, according to data published by the National Institute of Statistics (INS).
14:58
Industrial and retail continue to drive investments in Romania
Recent market data by CBRE confirm the resilience of the industrial and retail sectors, which are seeing a sustained pace of construction this year.
13:21
Romanian Leu falls against major currencies
The Romanian currency leu has depreciated on Monday against major currencies, following the first round of presidential elections in Romania.
06:35
George Simion, Nicușor Dan to compete in Romania's presidential final
George Simion, the President of the Alliance for the Union of Romanians (AUR), and independent candidate Nicușor Dan, Mayor of Bucharest, have emerged as winners
Friday, 2 May, 2025
17:35
Electrica secures €620 million syndicated loan for energy infrastructure and renewables
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
15:00
Etiq AI raises €900,000 in GapMinder-led round
Etiq AI, the AI startup founded by Iris Anson and Raluca Crișan, has secured €900,000 in seed funding led by GapMinder VC, adding to their £1 million grant from InnovateUK.
12:09
Romania lagging behind on AI usage by companies
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
10:00
Romanians start to cast their votes in new presidential round
Close to 12,000 Romanians that are abroad had already voted by Friday morning in the first round of presidential elections.
08:17
PE funds in Romania expect more deals this year
Over half of the PE funds in Romania anticipate an increase in M&A activity in 2025 compared to the previous year, according to a Roland Berger study.
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.
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