Latest news
Wednesday, 14 May, 2025
07:05
Alerion's largest solar park in Romania gets funding
BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county
Tuesday, 13 May, 2025
17:24
Flanco expands smart discounter network with three new stores
Romanian retailer Flanco expanded its Smart Discounter network in April by opening two new stores and revamping a third, bringing the total number of projects under this brand to 22.
16:20
Elfi invests €10 million in boosting manufacturing capacity
Elfi, the Romanian producer of tissue and sanitary paper products, has announced a significant €10 million investment aimed at expanding its production capacity.
12:36
EBRD downgrades 2025 growth forecast for most CEE countries
The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.
12:02
EBRD sees slowing Romanian economy in 2025
The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.
07:03
Romania launches second CfD auction for renewable capacities
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
Monday, 12 May, 2025
19:10
OMV Petrom opens largest e-charging hub in Romania
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
16:58
Romania's trade deficit soars by more than 25% in Q1 2025
Romania's trade balance deficit (FOB/CIF) reached €8.45 billion in Q1 2025, marking a 26.9% increase (€1.79 billion euros) compared to the same period of last year,
11:08
Aquila sees 19% revenue growth in Q1 2025
Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).
09:32
Hagag Development Europe enters Bucharest hotel market
Hagag Development Europe has partnered with Radisson Hotel Group to launch its first hotel in Bucharest under the Radisson RED brand.
07:20
EBRD backs Żabka's expansion of Froo network in Romania
The EBRD has subscribed for PLN 140 million (€33 million) in the debut sustainability-linked bond issuance by Żabka Group, a Polish modern convenience retailer.
Friday, 9 May, 2025
19:00
Schindler Romania relocates HQ to Business Garden Bucharest
Schindler Romania, part of the Swiss manufacturer of elevators and escalators, is set to move its HQ to Business Garden Bucharest.
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.
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