Tag: Romania (1235 articles)

Real estate   |   31 March, 2026 at 7:35 PM

Bucharest leads resi sales in early 2026

Bucharest recorded the highest number of residential transactions in Romania during the first two months of 2026, while Brașov emerged as the top regional market, according to analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance, based on ANCPI data.

Real estate   |   31 March, 2026 at 6:45 PM

Luxury brands hit €150 million sales record in Bucharest

Bucharest is emerging as a key luxury retail destination in CEE, supported by rising purchasing power, growing tourism (over one million foreign tourists spent at least one night in the capital in 2025), and consolidation of prime high street locations, according to Cushman & Wakefield Echinox.

Finance   |   27 March, 2026 at 1:00 PM

JCR upgrades Romania's rating outlook to stable

Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.

Finance   |   27 March, 2026 at 9:57 AM

Romania cuts budget deficit in half in first two months of 2026

Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.

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Vista Bank debuts on BVB with €17 million bond issue
Finance

Vista Bank debuts on BVB with €17 million bond issue

Vista Bank marked its debut as a bond issuer on the Bucharest Stock Exchange (BVB). The bank listed its €17 million bond issue on the Regulated Market, consolidating its strategy to diversify funding sources through the capital market.

Energy

OMV Petrom starts development of three wind projects in Romania

Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.

Finance

Romania achieves largest EU fiscal correction in 2025

Romania's budget deficit calculated according to the European ESA methodology has dropped from 9.3% of GDP in 2024 to 7.9% of GDP in 2025, representing a correction of 1.4 percentage points of GDP.