Romanian Leu Overshoots RON5.2325/EUR Mark On Interbank Market, Central Bank Sets Record Reference Rate At RON5.2180/EUR As Bolojan Cabinet Collapses
Update today, 15:49
The Romanian leu depreciated further against the euro on Tuesday (May 5, 2026), breaching a new psychological threshold of 5.2325 units to the euro on the interbank market after Romanian lawmakers toppled the government of Prime Minister Ilie Bolojan in a no-confidence vote held Tuesday afternoon.
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Law Firm Filip & Company Announces New Round of Promotions 03.24.2026
Law firm Filip & Company has announced a new round of promotions within the company, starting this spring. more
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Romania Cinema Revenues Climb to EUR63M in 2025, Up 16% YOY 03.24.2026
Romania cinema revenues hit a record high of around EUR63 million in 2025, up 16% from 2024 and around 10% above the pre-pandemic average, reveals... more
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Norofert Posts 16% Rise In Net Profit To RON3.7M In 2025 03.24.2026
Norofert (NRF.RO), a manufacturer of organic inputs and provider of agricultural biotechnology, posted about RON3.7 million net profit in 2025, up... more
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NTT Data Romania Announces New Management Structure After CEO Maria Metz Leaves 03.23.2026
Cluj-Napoca-based NTT Data Romania, one of the largest IT services companies in the country, with almost 2,000 employees, has announced creation of... more
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Finance Ministry Raises RON400M From Banks On March 23 03.23.2026
Romania's Finance Ministry raised RON400 million from banks on Monday (March 23), via a bond issue due in 2027, at an annual average yield of 6.44%. more
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Romania Govt Declares Fuel Market Crisis, Introduces Protective Measures 03.23.2026
The Romanian government will on Tuesday adopt an emergency ordinance officially declaring a crisis on the crude oil and oil product market, with a... more
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Bucur Obor Wants to Distribute Dividends with over 8% Yield 03.23.2026
Bucur Obor company, which manages the shopping center of the same name in Bucharest, has convened its shareholders for April 24 to vote, among... more
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OMV Petrom Boasts Biggest 2026 Investment Budget Among Local Companies: RON9B 03.23.2026
OMV Petrom, Romania’s sole oil and gas producer, has an over RON9 billion investment budget for 2026, 23% higher than in 2025. more
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Digi Communications Preparing Entry On UK Market Via Whyfibre 03.20.2026
Telecommunications operator Digi Communications (DIGI.RO) is taking the first step towards entry on the UK market, after having bought a majority... more
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Dedeman Absorbs Ceramic Tile Maker Navaria Ceramics 03.20.2026
Dedeman, Romania’s largest DIY retailer, has absorbed Navaria Ceramics, a company established by Paval Holding in 2022 to manufacture ceramic... more
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US Fluor Corporation Opens Office In Bucharest 03.20.2026
Fluor Corporation, a US engineering and construction group listed on the NYSE, is expanding its presence in Europe with the opening of an office in... more
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Banca Transilvania CFO George Calinescu Sells RON1.5M Shares 03.20.2026
George-Razvan Calinescu, chief financial officer of Banca Transilvania (TLV.RO) Group, where he is also deputy chief executive officer, sold 43,500... more
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Aerostar Bacau Wants to Distribute almost RON50M Worth of Dividends to Shareholders 03.20.2026
State-owned Aerostar Bacau, a supplier of aerostructures, subassemblies and hydraulic systems for global manufacturing programs, has convened the... more
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Allianz-Tiriac Ends 2025 with Total Underwriting of Nearly RON4B, Up 5.5% YOY 03.20.2026
Allianz-Tiriac, the second largest insurer locally, in 2025 registered a gross underwriting volume of almost RON4 billion, up 5.5% from 2024,... more
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JTEKT Bearings Romania Convenes Shareholders for April 24 to Vote on Alexandria Plant Shutdown or Asset Sale 03.20.2026
JTEKT Bearings Romania, the local subsidiary of Japanese group JTEKT Corporation, has convened the extraordinary general meeting of shareholders... more
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Hidroelectrica Seeks CEO and CFO 03.20.2026
Hidroelectrica, Romania’s largest company by capitalization, has initiated the selection procedure for filling two positions as members of the... more
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Global Company Foundever Opens Second Office in Romania 03.20.2026
Foundever, a global CX services company, has opened its second office in Romania, in Bucharest, after 16 years of presence in Cluj-Napoca. more
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Tisa Group Wants to Develop Hotel Chain in Balneary Tourism 03.20.2026
Tisa group, owned by Rebenciuc family of Valcea, wants to become a national balneary hotel chain, with units that should include treatment bases... more
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Pharmacy Chain Dona Has Over EUR9M Earmarked For Investments In 2026 03.19.2026
The expansion of the Dona pharmacy chain, one of the top five players in the local pharmaceutical retail sector by revenue and market reach, has... more
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Auchan Opens Store Next To Dedeman Near Ploiesti 03.19.2026
French-held Auchan Group, which operates over 500 stores of various formats in the region, has opened a supermarket in the courtyard of the Dedeman... more
Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.