Romanian Leu Hits All-Time Low At 5.1418 Vs Euro Amid Political Crisis
yesterday, 15:46
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 versus the euro at 5.1418 units amid a lingering political crisis that started at the end of last week.
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Autonom Services 2025 Operating Revenue Up 12% YoY To Nearly RON940M today, 01:19
Autonom Services, a 100% Romanian-owned integrated provider of mobility solutions, ended 2025 with operating revenue of RON939.7 million, up 12% on... more
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THR Marea Neagra Greenlights Sale Of Hotel Assets For EUR14.6M today, 00:31
The Board of Directors of Turism, Hoteluri, Restaurante Marea Neagra SA (stock symbol: EFO), which manages several hotels on the Romanian Black Sea... more
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Patria Bank Expects RON85M Net Profit In 2026, Up 69% YoY yesterday, 23:50
Patria Bank (stock symbol: PBK) forecasts net profit of almost RON85 million in 2026, up almalso ost 69% on the year, in the context of a strategy... more
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BT Asset Management Overtakes BRD AM To Become Largest Asset Manager In Romania yesterday, 23:11
BT Asset Management (BT AM), an investment management company within the Banca Transilvania (stock symbol: TLV) Financial Group, has become the... more
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Sphera Franchise Group Shareholders OK RON40M Dividend Payout yesterday, 21:37
The shareholders of Sphera Franchise Group (stock symbol: SFG) on April 30 approved a gross dividend of RON1.06 per share, taking the total amount... more
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AnimaWings Attracts Three Institutional Investors As Shareholders yesterday, 20:56
AnimaWings, the Romanian airline owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, has attracted three institutional... more
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Statistical Office: Romania Residential Building Permits Down 4.8% YoY In January-March 2026 yesterday, 20:47
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 yesterday, 20:27
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 yesterday, 20:08
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 yesterday, 19:44
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 yesterday, 19:29
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 yesterday, 19:03
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 yesterday, 16:21
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 yesterday, 16:11
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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Vantage Towers Has EUR20 Annual Investment Budget for Romania yesterday, 12:07
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 yesterday, 11:59
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
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.