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.
-
Businessman Constantin Iacov Develops EUR130M Residential Project in Pipera 04.28.2026
Entrepreneur Constantin Iacov, via Ten Eleven Development company, is developing a residential project in the business area of northern Bucharest,... more
-
City Grill Invests EUR7M in Buftea Ready Meal Product Plant 04.28.2026
City Grill group, leader of Romania restaurant market, will invest EUR7 million to build a new plant dedicated to the ready meal product range,... more
-
Booster Capital Takes Over Majority Stake in Servicii Publice 04.28.2026
Private equity fund Booster Capital has acquired a majority stake in Servicii Publice SA, a leading player on Romania veterinary products wholesale... more
-
AnimaWings Adds New Aircraft, Introduces Six New Flights 04.28.2026
Local airline AnimaWings has reached a seven-aircraft fleet after adding a new Airbus A220-300. Fleet expansion means the introduction of new... more
-
Cota 1400 Sinaia Hotel Set to Open This Summer Under Radisson Blu International Brand 04.28.2026
Cota 1400 Sinaia Hotel will be opened this summer under international brand Radisson Blu. This is the first and only international branded hotel... more
-
Global AI Opens Romania Office in Bucharest’s Tower Center International 04.28.2026
Global AI, a provider of AI solutions, has entered Romania market by opening an office in Bucharest, where it leased an around 600-sqm space in... more
-
Danco Vision Buys Stake in Two Social 04.28.2026
Digital marketing group Danco Vision has completed the acquisition of a stake in Two Social agency, which it integrated under the 2Social name. more
-
Aumovio Autonomous Mobility Romania Reports RON2.38B Turnover in 2025, Up 12% YOY 04.28.2026
Aumovio Autonomous Mobility Romania, the former Continental Autonomous Mobility Romania, ended 2025 with turnover worth RON2.38 billion (EUR472.7... more
-
Brio Group Hits RON118M Turnover in 2025, Up 4% YOY 04.28.2026
Brio Group, the company that owns Romanian-held pastry shop chain Petru, for 2025 reported RON118.5 million turnover, up 4% from 2024. more
-
Pirelli Tyres Romania 2025 Turnover Up 7.7% YoY To RON4.759B 04.28.2026
Tire producer Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, currently owned by Chinese state-owned China National Chemical,... more
-
Evergent Investments Teams Up With One United Properties For Large-Scale Mixed-Use Development In Iasi 04.28.2026
Alternative investment fund Evergent Investments (stock symbol: EVER) has informed the capital market on April 27 about the signing of a Memorandum... more
-
Hidroelectrica Calls Shareholders To Approve Special Dividend Worth RON1B 04.27.2026
Hidroelectrica, the largest company listed at the Bucharest Stock Exchange (BVB) in terms of bourse capitalization, seeks to distribute a special... more
-
Finance Ministry Attracts Over RON1.9B In April Fidelis Bond Offering 04.27.2026
Romania's finance ministry raised over RON1.9 billion (EUR379 million) through its fourth Fidelis government bond offering in 2026, marking the... more
-
Finance Ministry Raises RON363M From Banks Via Bond Issue, But Completely Rejects Bids For Other Bond Issue 04.27.2026
Romania's Finance Ministry raised RON363 million from banks on April 27 selling government bonds but completely rejected all bids submitted by... more
-
Central Bank: Romania's M3 Money Supply Up 7.3% YoY In March 2026 04.27.2026
M3, the broadest gauge of money supply, increased by a nominal 7.3% to RON793.5 billion (EUR155.8 billion) in March 2026 versus March 2025, per the... more
-
UniCredit Implements Mastercard Click to Pay In Its Mobile Banking App For A Fast And Secure Way To Make Online Payments 04.27.2026
UniCredit is providing retail customers with a faster, safer, and simpler online payment experience by enabling card enrollment in Mastercard Click... more
-
FIC: Political Instability, Lack Of Predictability May Affect Investments; 46% Of Investors See Romania Less Attractive Than Regional Peers 04.27.2026
Romania’s economic progress depends fundamentally on a stable and predictable governance framework, according to the Foreign Investors Council... more
-
Software Developer Neurony Expects EUR10.5M Turnover at End-2026 04.27.2026
Romanian software and AI solutions company Neurony in the first quarter of 2026 registered turnover worth around EUR1.8 million, up about 25% from... more
-
Romania Bank Deposits Up 7% in March 2026 YOY to RON673B 04.27.2026
Household and company bank deposits increased in March 2025 by 7% from March 2025, to a total amount of RON673 billion as RON-denominated deposits... more
-
Apa Nova Bucuresti Plans over EUR49M Investments in 2026 in Network Upgrades, Digitalization 04.27.2026
Apa Nova Bucuresti plans to invest over EUR49 million in 2026 to modernize networks, in coordination with Bucharest City Hall investment programs,... 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.