Tag: finance (58 articles)

Finance   |   27 March, 2026 at 1:00 PM

JCR upgrades Romania's rating outlook to stable

Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.

Finance   |   3 February, 2026 at 2:10 PM

Selfpay secures loans for network expansion

Romanian payment solutions company Selfpay has signed a €1 million investment credit facility with BT to accelerate its development plans through the acquisition of new payment terminals that will be operated directly by the company.

Finance   |   29 January, 2026 at 5:26 PM

Romania raises €367 million through Fidelis bond sale

Romania's Ministry of Finance attracted RON 1.86 billion (€367.3 million) through seven government bond issues for retail investors in January, marking the first Fidelis offering of 2025. The bonds began trading on Bucharest Stock Exchange (BVB) on Thursday.

Finance   |   27 January, 2026 at 3:26 PM

Romania cuts cash budget deficit to 7.65% in 2025

Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.

Real estate   |   26 January, 2026 at 8:42 AM

Romanian mortgage market grows 6.4% with regional shifts

Over 92,100 mortgages were tabulated in Romania in 2025, up 6.4% compared to the previous year, with Bucharest, Ilfov, Timiș and Cluj being the areas where the largest numbers of mortgage loans were granted, according to a market analysis by online broker Ipotecare.ro.

Finance   |   20 January, 2026 at 6:55 AM

BNR keeps key interest rate at 6.50%

The National Bank of Romania's (BNR) Board of Directors decided on Monday to maintain the key interest rate at 6.50% per annum in its first monetary policy meeting of the year.

Real estate   |   14 January, 2026 at 9:37 AM

Finance takes the lead in Bucharest office demand

The Bucharest office market saw last year a shift in hierarchy regarding the sectors generating the most transactions, according to a study by Crosspoint Real Estate. Companies in the banking and financial sector accounted for 25% of the gross leasing volume in Bucharest, surpassing the IT sector (23%) for the first time.

Finance   |   13 January, 2026 at 1:22 PM

Banks in CESEE region show growing confidence in credit

Banks in Central Eastern South-Eastern Europe report improving trends, with credit demand remaining robust, particularly from companies, while banks anticipate improvement in credit supply following a period of contraction.

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Economy

McDonald's plans to create over 500 new jobs in Romania this year

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.

Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Energy

Hidroelectrica awards €30 million solar plant contract

Hidroelectrica has signed a contract for the turnkey development of the Tudor Vladimirescu Photovoltaic Power Plant in Brăila County, marking a step in the company's strategy to diversify its renewable energy generation portfolio.