Industry | 18 March, 2026 at 5:05 PM
Romania secures major agri-food export deal with China
Romania has reached a significant milestone in its agricultural trade strategy by securing access to the Chinese market.
Romania has reached a significant milestone in its agricultural trade strategy by securing access to the Chinese market.
Romania received earlier this week €988.7 million from the European Agricultural Guarantee Fund (EAGF), representing reimbursement for advance payments made to farmers between 16 October and 30 November 2025, the Ministry of Agriculture and Rural Development announced.
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. The 160-km pipeline will transport gas from offshore production platforms to shore.
BCR Group recorded a net profit of €118 million in Q1 2026, down 21% versus the same period of last year.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
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.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.