The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
Romanian authorities are making sustained efforts to avoid downgrading the country's rating to 'junk' (speculative investments) category, which would hinder access to financial markets and increase borrowing costs for both the state and companies.
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.
The World Bank's Board of Executive Directors has approved a €544 million Development Policy Loan to support Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation.
The World Bank revised down Romania's 2026 growth forecast to 1.3%, compared to the 1.9% predicted in June 2025 and 2.6% estimated in January 2025.
The World Bank has revised Romania's GDP growth forecast for 2025 down to just 0.4%, a significant decrease from the 1.3% estimated in June.
Romania's Ministry of Economy says it submitted a letter of intent to the European Commission to host the planned Black Sea AI Gigafactory.
The Romanian economy is projected to grow by 1.3% this year, a decrease from the 2.1% forecast in January, according to the latest World Bank report on global economies.
Lion's Head Investments has secured the building permit for its first logistics park in Romania. The company will invest €65 million in the industrial project located in Popești-Leordeni, near Bucharest, for which construction is slated to start in Q3 2025.
The World Bank projects that economic growth in the Europe and Central Asia region will decelerate in the coming years, while Romania will stay on a growth path.
Investment, especially in Poland and Romania, is expected to improve on the back of structural reforms and delayed EU funds.
AI is creating two distinct directions in the global labour market, according to PwC research, based on an analysis of over one billion job listings across six continents.
FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.
Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.
Romania has reached 31 da Vinci robotic surgery programs nationwide, of which 8 are in the public healthcare system. The most recent system, installed at Fundeni Clinical Institute, marks the expansion of robotic surgery in Romanian public hospitals and the regional milestone of 100 da Vinci systems across the SOFMEDICA region: Romania, Greece, Bulgaria, Hungary, Cyprus, Croatia and Slovenia.
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.