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.

The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.