Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.
Rail logistics provider ÖBB Rail Cargo Group is relocating its office to Business Garden Bucharest. Vastint Romania has secured the new lease with the group.
The freight transport market in Romania will continue its growth trend in 2024, but more moderate than before, against the background of the uncertain economic context and geopolitical tensions, reports DSV Road.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.