Romanian Leu Touches New Record Low At 5.1998 Vs Euro Amid Prolonged Political Crisis
yesterday, 15:27
The Romanian leu depreciated further against the euro by midday Monday (May 4) and the central bank set the leu’s reference rate versus the euro at 5.1998 units, from 5.1418 units/euro on April 30, amid lingering political crisis locally that started in the second half of April.
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Statistical Office: Romania Residential Building Permits Down 4.8% YoY In January-March 2026 04.30.2026
Romanian authorities issued 7,266 construction permits for residential buildings in January-March 2026, 4.8% fewer than in the same period of 2025,... more
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Romania's Finance Ministry Set To Allocate Over RON5.3B For Investments In Production Capacities In Romania 04.30.2026
Romania's finance ministry has put up for public debate a draft legislative act for approving a state aid totaling RON5.3 billion (approximately... more
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Statistical Office: Romania Unemployment Rate Inches Up To 6.1% Month-On-Month In March 2026 04.30.2026
Romania's unemployment rate stood at 6.1% in March 2026, higher by 0.1 percentage points compared to February 2026, the country's statistical... more
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OMV Petrom Net Profit Drops 4% YoY To RON1B In Q1/2026 04.30.2026
Romania’s top oil and gas company OMV Petrom on April 30 announced its financial results for the first quarter of 2026: the operating result... more
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BCR Group Reports Lower Net Profit, Of RON602M, For Q1/2026 04.30.2026
BCR Group ended the first quarter of 2026 with net profit of RON602 million (EUR118 million), lower than the RON742 million level reported in the... more
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Cushman & Wakefield: Bucharest Hotel Market Sees Best Performance In CEE In 2025, With 12% Annual RevPAR Growth 04.30.2026
The Bucharest hotel market had the best performance in Central and Eastern Europe (CEE-6) in 2025, with a 12% annual increase in the average... more
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Türkiye’s Otokar Announces Signing of Automecanica S.A. Acquisition Agreement 04.30.2026
Turkish heavy commercial and armored vehicle manufacturer Otokar Otomotiv ve Savunma Sanayi A.Ş has announced the agreement for the acquisition of... more
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Cegedim: Romania Pharma Market Shrinks 8.3% By Volume in Q1/2026 04.30.2026
Medicine sales declined by 8.3% by volume in the first quarter of 2026, but went up by 3.7% by value, to a total of RON9.4 billion, as retail drugs... more
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Romanian Leu Hits All-Time Low At 5.1418 Vs Euro Amid Political Crisis 04.30.2026
The Romanian leu has reached an-all time low against the euro by midday Thursday (April 30) and the central bank set the leu’s reference rate... more
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Vantage Towers Has EUR20 Annual Investment Budget for Romania 04.30.2026
Vantage Towers, the second largest telecom tower operator in Europe, has a EUR20 million annual investment budget for Romania. more
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Kandia Dulce Wants to Boost Turnover by 8-12% in Next Three Years 04.30.2026
Kandia Dulce, the biggest chocolate producer in Romania ended 2025 with RON291 million turnover, up 14% from 2024, marking the seventh consecutive... more
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Romgaz Shareholders Approve RON606M Worth Of Dividend Payout 04.29.2026
The shareholders of natural gas producer and supplier Romgaz (stock symbol: SNG) on April 29 approved a total gross dividend of RON0.1572 per... more
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BRD SocGen Shareholders OK RON750M Worth Of Dividend Payout 04.29.2026
The shareholders of BRD-Groupe Société Générale (stock symbol: BRD) on April 29 approved the distribution of dividends in the amount of... more
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Eurowind Energy Romania Inaugurates Pecineaga Wind Farm In Wake Of EUR90M Investment 04.29.2026
Eurowind Energy, a Danish developer and operator of renewable projects, announces the official opening of the Pecineaga Wind Farm, a strategic... more
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Association: Net Assets Of Investment Funds In Romania Down 3% MoM To RON67.9B In March 2026 04.29.2026
Romania's investment fund market had total net assets of RON67.9 billion (EUR13.3 billion) at the end of March 2026, down 3% against February but... more
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Farmavet Group Reaches 200 Veterinary Pharmacies Under Veterra Brand, Controls 10% Of Total Vet Pharmacies In Romania 04.29.2026
Farmavet Group, which owns production, distribution and retail operations in the sector of pet and farm animals, controls 10% of a total of 2,100... more
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Electrica Shareholders Greenlight Up To EUR1B Bond Program For 2026-2027 Period 04.29.2026
The shareholders of Electrica (stock symbol: EL), a leading player on Romania electricity wholesale and supply market, on April 29 approved a bond... more
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Romanian Leu Hits 1-Year Low At 5.1004 Vs Euro Amid Lingering Political Tension 04.29.2026
The Romanian leu has dropped to 1-year low against the euro by midday Wednesday (April 29) and the central bank set the leu’s reference rate... more
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Sierra Quadrant: Over 1,600 Companies Defaulted in Q1/2026, with RON2.7B Debts 04.29.2026
More than 1,600 companies in Romania went into default in the first quarter of 2026, piling debts of around RON2.74 billion and affecting over... more
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PwC: Fiscal Changes Improve R&D Incentives For Companies In Romania 04.29.2026
Recent amendments to the Fiscal Code are expected to strengthen incentives for companies investing in research and development, according to an... 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.