iO Partners has appointed Andrei Văcaru as Managing Director for Romania, effective January 2026. After a transition period with Văcaru until year-end, Vlad Stanislav will take time off before pursuing new opportunities.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
OMV Petrom and Romgaz have started construction of the offshore pipeline for the Neptun Deep project, marking progress in Romania's largest natural gas development.
DHL Supply Chain and Pepco have extended their collaboration to strengthen distribution operations across Europe. The expanded partnership aims to ensure product availability, reduce delivery lead times, and enhance network performance for Pepco's growing store footprint.
The Romanian Wind Energy Association (RWEA) and the Romanian Photovoltaic Industry Association (RPIA) warn that proposed changes to the Grid Connection Regulation could increase energy prices.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
BCR Group recorded a net profit of €118 million in Q1 2026, down 21% versus the same period of last year.