Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
The IFC, part of the World Bank, is facilitating a financing package worth the equivalent of $42 million for Agricover Credit IFN.
Romania's GDP fell by 0.2% in Q1 2026 compared to the previous quarter, according to data released by the National Institute of Statistics (INS).
Romania's annual inflation rate reached 10.7% in April 2026 compared to April 2025, according to data released by the National Institute of Statistics (INS).
Agroland Business System has received approval from Romania's Commission for the Examination of Foreign Direct Investments (CEFDI) for a €20 million greenfield investment in egg production. The new facility will be located in Mihăilești, Giurgiu County.
Ascendia, a Romanian company specialising in digital infrastructure for education and public institutions, announced that its educational content creation platform LIVRESQ has been accepted into the Google for Startups Scale Tier.
MSD has appointed Conor Dempsey as Managing Director for Romania and Moldova operations. He succeeds Marcelo Pascual Morales, who was appointed Associate Vice President & Executive Officer of MSD Japan.