Tag: Romania (1271 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.

Real estate   |   26 March, 2026 at 3:45 PM

Romania's office deal-making starts with best Q1 in decade

Romania's office investment market recorded its strongest first quarter in a decade, with transactions totalling approximately €130 million, according to Colliers data. This represents more than triple the average for January-March periods over the past 10 years and signals renewed investor interest despite economic and geopolitical uncertainties.

Energy   |   26 March, 2026 at 1:27 PM

Hidroelectrica, Siemens sign power transformer deal

Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.

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Energy

OMV Petrom, Romgaz kick off Neptun Deep pipeline construction

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.

Real estate

Pepco expands DHL partnership across five European hubs

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Energy

Trade associations: New Romanian grid connection rules may slow green investments

The Romanian Wind Energy Association (RWEA) and the Romanian Photovoltaic Industry Association (RPIA) warn that proposed changes to the Grid Connection Regulation could increase energy prices and create economic ripple effects, including job losses and reduced local budget revenues due to slower investment in new production capacity.

Economy

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.