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.
-
EY: Workforce Mobility Emerges As Retention Tool In Tight Labor Market 04.29.2026
Cross-border workforce mobility is becoming a powerful retention tool as employers compete for scarce skills and respond to market and geopolitical... more
-
Constanta Tribunal Orders Damen Shipyards Mangalia Bankruptcy 04.29.2026
Constanta Tribunal has ordered the initiation of bankruptcy proceedings for Damen Shipyards Mangalia and CITR (previously the court-appointed... more
-
Siemens Mobility To Deliver Romania’s First Hydrogen-Powered Train Fleet 04.29.2026
Romania’s Railway Reform Authority (ARF) has awarded Siemens Mobility a contract for the delivery of 12 two-car hydrogen-powered electric... more
-
Filip & Company Assisted Raiffeisen Bank Romania in Granting Funding to Booster Capital for Acquisition of Servicii Publice 04.29.2026
Law firm Filip & Company legally assisted Raiffeisen Bank Romania with the structuring and granting of funding to Booster Capital for the... more
-
RBC 2025 Turnover Rises 16% YOY to almost RON275M 04.29.2026
Romanian Business Consult (RBC), the largest IT solutions integrator for the local retail industry, ended 2025 with turnover worth RON274.5 million... more
-
Gral Medical Set to Open Piatra-Neamt Hospital in 2026 04.29.2026
Gral Medical, a leading player on Romania private healthcare market, specializing in oncology, will in 2026 open the oncology hospital of... more
-
Germany’s Karcher Set to Continue Investments in Romania 04.29.2026
German group Karcher, which has bet RON600 million (EUR120 million) on Romania in the past decade, on three plants in Arges county, says it... more
-
Romgaz Forecasts RON1.9B Profit for 2026, Down 40% YOY 04.29.2026
Natural gas producer and supplier Romgaz estimates total individual revenues of RON7.57 billion in 2026, down 9.3% from 2025, RON2.2 billion gross... more
-
Orange Has Ambitious Plan for Romania for Coming Years 04.29.2026
Orange, the leader of Romania telecom market, this year aims to significantly improve the mobile network “nucleus”, which will allow the... more
-
Banca Transilvania Shareholders Elect New Board of Directors Members 04.29.2026
The shareholders of lender Banca Transilvania convened on Tuesday, April 28, to elect the Board of Directors members for the 2026– 2030 term, the... more
-
OMV Petrom Shareholders Approve Nearly RON3.6B Dividends, Record Investment Budget Of RON9B For 2026 04.29.2026
The shareholders of Romania’s top oil and gas company OMV Petrom on April 28 approved a total gross dividend of RON0.0578 per share for 2025, of... more
-
Hidroelectrica Eyes RON3.6B Net Profit In 2026, Seeks To Nearly Double Investments vs 2025 04.29.2026
Hidroelectrica (stock symbol: H2O), the largest company listed at the Bucharest Stock Exchange by bourse capitalization, anticipates total revenues... more
-
Next iSolutions 2025 Turnover Up 26% YoY To EUR1.5M 04.28.2026
Next iSolutions, a local provider of digitalization solutions for small and medium-sized enterprises (SMEs), ended 2025 with an over 26% increase... more
-
Banca Transilvania Redeems EUR780M Non-Preferred Eligible Notes 04.28.2026
Banca Transilvania Financial Group (stock symbol: TLV) on Tuesday, April 27, redeemed EUR790 million worth of non-preferred eligible notes due in... more
-
Finance Ministry: Romania's Budget Deficit Drops To 1.03% Of GDP In January-March 2026 04.28.2026
Romania's consolidated budget posted a deficit of RON21.09 billion (EUR4.14 billion) in the first three months of 2026, or 1.03% of the projected... more
-
Hidroelectrica Shareholders Vote To Approve RON3.3B Dividends For 2025 04.28.2026
The Ordinary General Meeting of Shareholders of Hidroelectrica (stock symbol: H2O) on April 28 approved the distribution of total gross dividends... more
-
Clifford Chance Badea Advises Vista Bank On EUR17M Bond Issue Listed At Bucharest Stock Exchange 04.28.2026
Clifford Chance Badea, the local office of the global law firm Clifford Chance, advised Vista Bank on the issuance of EUR17 million in bonds, which... more
-
Retele Electrice Romania, Part Of PPC Group, Completes RON66M Modernization Works For Obor Station In Bucharest 04.28.2026
Reţele Electrice Romania, part of the Public Power Corporation (PPC) group in Romania, has completed modernization works for the Obor Station, one... more
-
Romania's Beer Market Down 4% To 20-Year Low In 2025 04.28.2026
Beer consumption reached 14.4 million hectoliters in Romania in 2025, down 4% versus 2024, according to data provided by the Romanian Brewers... more
-
Romanian Business Leaders: We Do Not Need And This Is Not The Moment For A New Political Crisis 04.28.2026
The Romanian Business Leaders (RBL) Foundation has issued a public call for a cross-party pact aimed at ensuring economic stability and continuity... 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
more
Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
more
Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
more
Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
more
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
more
Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
more
Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
more
Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
moreAnalysis
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.