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.
Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).