Tag: Romania (1160 articles)

Energy   |   9 March, 2026 at 8:50 AM

Simtel Team appoints new CEO

Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Economy   |   6 March, 2026 at 2:00 PM

Romania's economy grows 0.7% in 2025

Romania's economy grew 0.7% in real terms in 2025 compared to 2024, though GDP fell 1.9% in Q4 compared to the previous quarter, according to provisional data published by the National Institute of Statistics (INS).

Industry   |   6 March, 2026 at 12:30 PM

Romania's public administration seeks shared service centres

The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.

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

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.

Energy

Electrica CEO mandate extended

Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.

Finance

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.

Energy

Hidroelectrica's investments reach new high in 2025

State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.