Tag: Romania (1386 articles)

Real estate   |   7 May, 2026 at 5:00 PM

Romania's industrial stock tops 8 million sqm in Q1 2026

Romania's industrial and logistics market reached over 8 million sqm in Q1 2026, with approximately 115,000 sqm of new space delivered. At the same time, around 500,000 sqm are currently under construction, according to Cushman & Wakefield Echinox's report.

Industry   |   7 May, 2026 at 9:30 AM

Polpharma to launch takeover bid for Biofarm

Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.

Finance   |   6 May, 2026 at 6:00 PM

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2688, up 0.97% from the previous rate, recording a new historic high.

Industry   |   6 May, 2026 at 8:15 AM

Rheinmetall eyes takeover of bankrupt Mangalia shipyard

German defence group Rheinmetall is considering acquiring the bankrupt shipyard in Mangalia, in partnership with Swiss shipping company MSC. The potential takeover could transform the facility into a dual-use hub for military and civilian shipbuilding.

Industry   |   5 May, 2026 at 11:00 AM

IT Hit partners with Druid AI to offer AI agent solutions

IT Hit, a Romanian IT services company specialising in ERP, CRM, and business management systems, has announced a reseller partnership with Druid AI, a provider of AI agents for higher education, healthcare, retail, banking, and insurance sectors.

Finance   |   4 May, 2026 at 7:30 PM

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.

Real estate   |   4 May, 2026 at 6:00 PM

Pepco expands DHL partnership across five European hubs

DHL Supply Chain and Pepco have extended their collaboration to strengthen distribution operations across Europe. The expanded partnership aims to ensure product availability, reduce delivery lead times, and enhance network performance for Pepco's growing store footprint.

Economy   |   30 April, 2026 at 7:30 PM

Romanian leu hits new historic low against euro

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.

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Real estate

Romanian cinema revenues hit record in 2025 as ticket prices rise

Romanians spent €63 million in cinemas in 2025, a record level for the local market, reflecting a 7% increase compared with 2024, while the number of admissions remained stable at 11.2 million, according to data from the Romanian Film Center analysed by Cushman & Wakefield Echinox.

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. 

Economy

Romania's economic growth estimate cut to 0.1% in 2026

Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.