Tag: Romania (1376 articles)

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.

Energy   |   30 April, 2026 at 1:30 PM

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

Industry   |   30 April, 2026 at 11:05 AM

Anima Wings attracts three institutional investors

Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.

Real estate   |   30 April, 2026 at 10:53 AM

CTP reports record Q1 leasing activity up 83%

Industrial developer CTP recorded gross rental income of €205.1 million in Q1-2026, up 12.3% year-on-year with like-for-like rental growth of 4.6%. The company's annualised rental income increased to €849.3 million by the end of March 2026.

Real estate   |   29 April, 2026 at 5:34 PM

Cross-sector collaboration drives urban planning at Tilia Summit in Iași

The first edition of Tilia – Today's Ideas and Leadership in Action (Romanian Cities Summit), organised on 23-24 April at the Palace of Culture in Iaşi by the Iulius Foundation in partnership with the European Bank for Reconstruction and Development (EBRD), brought together 600 in-person participants and more than 300 virtual participants.

Industry   |   29 April, 2026 at 10:00 AM

Siemens wins Romania's first hydrogen train contract

Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.

Finance   |   29 April, 2026 at 8:00 AM

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

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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.

Agriculture

DN Agrar secures €13.5 million for farm expansion and composting

DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has announced a €13.5 million investment plan for developing its sixth farm and expanding composting facilities as part of its 2025-2030 growth strategy.