Tag: Romania (1380 articles)

Economy   |   28 May, 2026 at 2:31 PM

Romanian wholesale trade grows 2.3% in Q1 2026

Romanian wholesale trade turnover (excluding motor vehicles and motorcycles) increased by 2.3% in the first three months of 2026 compared to the same period last year, according to data published by the National Institute of Statistics (INS).

Economy   |   27 May, 2026 at 5:30 PM

World economy loses €25 trillion annually due to waste

The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.

Real estate   |   27 May, 2026 at 2:54 PM

Vodafone Romania to merge with Telekom by June 2026

Vodafone Romania acquired Telekom Romania Mobile Communications on 1 October 2025 and has begun the phased integration of operations, systems and Telekom's network. The merger of the two companies is scheduled for the end of 30 June 2026.

Finance   |   26 May, 2026 at 3:07 PM

Romania's deficit drops by more than half in first four months

Romania's consolidated general budget execution for the first four months of 2026 ended with a significantly reduced deficit of RON 23.95 billion (€4.79 billion), representing 1.17% of GDP, compared to a deficit of 2.92% of GDP recorded in the same period of 2025.

Energy   |   25 May, 2026 at 7:00 PM

Hidroelectrica awards €30 million solar plant contract

Hidroelectrica has signed a contract for the turnkey development of the Tudor Vladimirescu Photovoltaic Power Plant in Brăila County, marking a step in the company's strategy to diversify its renewable energy generation portfolio.

Economy   |   25 May, 2026 at 5:56 PM

McDonald's plans to create over 500 new jobs in Romania this year

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.

Real estate   |   25 May, 2026 at 8:53 AM

Long-term thinking is becoming real estate's biggest advantage

At Bucharest Business Forum 2026, the closing panel brought together senior executives from residential, logistics, and asset management to explore how Romania can unlock its next phase of growth. Moderated by Ana Dumitrache, CEO, Olympian Parks, the discussion ranged from unlearning old market reflexes and rethinking “location,” to the disruptive impact of AI and the structural gaps still holding Romania back versus peers like Poland. Despite working in different segments, the speakers converged on a few core themes: long‑term value over short‑term volume, community and quality over simple density, and disciplined governance as the missing ingredient for Romania's full potential.

Finance   |   22 May, 2026 at 6:00 PM

BT posts 30% profit jump in Q1 2026

Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.

Real estate   |   22 May, 2026 at 1:20 PM

Arcadis signs major lease at Business Garden Bucharest

Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.

Industry   |   22 May, 2026 at 10:00 AM

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

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Industry

Romania's e-commerce relies increasingly on locker networks, says player

The rapid development of online commerce in recent years has transformed locker networks from an alternative delivery solution into an essential component of Romania's logistics infrastructure, according to representatives of Keba Romania, a provider of infrastructure and technology solutions for logistics, banking services and electric mobility. 

Industry

Romania ranks 7th in CEE AI readiness

Romania ranks 7th out of 11 countries in the CEE AI Index 2026, which highlights one of the strongest AI policy foundations in CEE alongside one of the largest gaps between strategy and actual economic adoption.

Industry

Drone pilot profession officially recognised in Romania

Romania now has a complete legal framework for professional training and practice of drone piloting. The Occupational Standard developed by Skyline Drones has been approved and officially published on the National Qualifications Authority website, completing a process initiated and coordinated by Skyline Drones and the Drone Association.