Romania inks first energy memorandum with Turkey
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
Hartmann Packaging has announced the purchase of the Romanian subsidiary of Dentaş Kağıt Sanayi, which specializes in the production of molded fiber packaging solutions.
Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports.
The biggest growth in Eastern Europe is foreseen in Bulgaria going into 2025, while the rest of the countries are projected to make side moves in the coming years, according to a report by the Eastern European Construction Forecasting Association (EECFA).
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.
Romania's trade balance deficit (FOB/CIF) reached €8.45 billion in Q1 2025, marking a 26.9% increase (€1.79 billion euros) compared to the same period of last year,
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).