BNR: Romanian metallurgy exports to take biggest hit over US tariffs
New tariffs imposed by the US on goods from the EU could significantly impact Romanian exporting firms, particularly those in the metallurgical and automotive sectors.
New tariffs imposed by the US on goods from the EU could significantly impact Romanian exporting firms, particularly those in the metallurgical and automotive sectors.
President Donald Trump announced new import tariffs on all goods entering the US effective as of April 2, hitting equities, long term yields and CEE-based currencies. In response to these global tariffs, growth forecasts for 2025 and 2026 are being revised in the CEE, according to a report by Erste Group.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
Mozaik Investments has announced the acquisition of a majority stake in Genesis College, one of Romania's largest private educational institutions.
Romanian energy producer Romgaz Group has released its preliminary operational results for H1 2025, showing a largely stable performance compared to the same period in 2024.
Orange Romania recorded a consolidated turnover of €684 million in H1 2025, a 2.1% decrease compared to the same period last year.
Citi Romania has implemented three GenAI tools for its employees, as part of a significant global investment designed to simplify workflows and streamline daily tasks.