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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Statistical Office: Romania Average Net Salary Up 3.8% YoY in February 2026 04.15.2026
The average net salary in Romania stood at RON5,557 in February 2026, higher by 3.8% than in February 2025, data from the country's statistical... more
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Statistical Office Romania’s Industrial Output Down 1.8% YoY In February 2026 04.15.2026
Romania's industrial output decreased by 1.8% in unadjusted data in February 2026 compared with February 2025 and was down 1.5% when adjusted for... more
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Banca Transilvania Taps International Markets With Euro-Denominated Senior Non-Preferred Bond Issue 04.15.2026
Banca Transilvania, Romania’s largest banking group by assets, on Wednesday launched a euro-denominated senior non-preferred bond issue, with as... more
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Cancom Romania 2025 Turnover Up 3.6% YOY to over RON238M 04.15.2026
Cancom Romania, the local subsidiary of German group CANCOM SE, an integrator and provider or IT services and solutions, ended 2025 with turnover... more
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Medicover Absorbs Laurus Medical Four Years after Takeover 04.15.2026
Medicover, the third largest private healthcare provider in Romania by turnover, at the end of 2025 raised the company’s share capital by RON19.5... more
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OMV Reports Slightly Lower Annual Hydrocarbon Output in Q1/2026 04.15.2026
Romania’s top oil and gas company OMV Petrom reported total hydrocarbon production dropped by 3% in the first quarter of 2026 from the... more
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Tarfin Integrates Agribusiness, Boosts Share Capital 04.15.2026
Tarfin IFN, the non-bank financial institution (NBFI) through which Turkish agri-fintech Tarfin operated in Romania, has absorbed the company... more
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ArcelorMittal Leaves Romania For Good Following Sale Of Roman Plant To Interpipe 04.14.2026
ArcelorMittal Tubular Products in Roman has been officially acquired by Interpipe, a company held by Ukrainian billionaire Victor Pinchuk. His net... more
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Erste Group Revises End-2026 Inflation Forecast For Romania Upwards 04.14.2026
The analysts of Erste Group, the owner of BCR in Romania, have revised their end-2026 inflation forecast upwards from 4.6% to 5.1%. The adjustment... more
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Romania's Central Bank And Statistics Board To Conduct Statistical Survey On Household Financial Situation 04.14.2026
The National Bank of Romania (BNR) has announced in a press statement that it will carry out the statistical research “Household Financing and... more
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Banca Transilvania Hires Goldman Sachs, J.P. Morgan, Morgan Stanley, Nomura And BT CP For New Bond Issue
04.14.2026
Banca Transilvania (TLV.RO), the leader of the Romanian banking market, has mandated a syndicate consisting of Goldman Sachs Bank Europe SE, J.P.... more
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Statistics Office: Romania Annual Inflation Spikes To 9.9% In March 2026 04.14.2026
Romania’s annual inflation rate resumed its upward trend in March 2026, surging to 9.9%, after experiencing a downward trend over the last five... more
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Romanian Fintech Finqware and Ebury Team Up to Automate Common Clients’ Financial Operations 04.14.2026
Finqware, a Romanian fintech authorized as a pan-European payment institution, has sealed a strategic partnership with Ebury, a global fintech... more
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UMB Steel Completes Takeover of ArcelorMittal Hunedoara Assets for EUR12.5M 04.14.2026
The deal whereby UMB Steel, a company controlled by businessman Dorinel Umbrarescu, takes over the assets of ArcelorMittal Hunedoara compound has... more
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Sanitary Paper Maker Sofidel Plans Almost EUR10M Investment To Boost Production 04.09.2026
Sofidel, a manufacturer of sanitary paper products with a factory in Calarasi, will receive about EUR5.9 million state aid under the aid scheme... more
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Romania’s Statistics Board Revises 2025 Economic Growth Rate Upwards To 0.7% 04.09.2026
Romania’s National Statistics Institute (INS) has revised the economic growth rate from 0.6% to 0.7%, adding almost RON6 billion to the first... more
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THR Marea Neagra Sells Hotel Complex In Eforie Sud Seaside Resort For EUR2.5M 04.09.2026
Turism, Hoteluri, Restaurante Marea Neagra SA (stock symbol: EFO), which manages several hotels on the Romanian Black Sea coast, on April 9... more
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Antitrust Authority Looks Into Acquisition Of ALT Technologies Transylvania By CCL Avery Holdings B.V. 04.09.2026
Romania's Competition Council is reviewing the transaction through which CCL Avery Holdings B.V., Netherlands, intends to acquire ALT Technologies... more
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Romania's Foraj Sonde Videle Acquires UK's Raffles Energy To Expand Its Energy Portfolio. 04.09.2026
Romanian onshore drilling company Foraj Sonde Videle (stock symbol: FOJE) has acquired Raffles Energy, a British oil and gas holding company that... more
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Agroland Group Seeks To Open 15-20 MEGA Stores/Year To Reach 300-Unit Mark By 2028 04.09.2026
Agroland, a Romanian entrepreneurial group active in retail, agribusiness, food production, and animal nutrition, continues to invest in developing... 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.