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.
Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday.
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).
Fepra has inaugurated new PET and glass recycling units in Brad, marking a significant step for the municipality and Romania's recycling infrastructure.