Romania | News

HORNBACH, one of the leading building materials retailers in the local market, will be opening its tenth store in Romania, in Bucharest's Colentina district, on September 3.

Romania’s pharmaceutical production generated total revenue of more than RON6.8 billion in 2024 (almost EUR1.4 billion), up 6% from the previous year, data aggregated by the Bridge to Information platform show.

Korean product retailer K-FOOD has grown to eight stores in Romania, four of which in Bucharest, and is looking to further develop in the main cities of the country. Moreover, the founders of the business are looking at the hospitality area, as well, planning to open a restaurant and a café.

American group Mars, particularly known for its presence in the food and pet food industry, has sealed its first acquisition in Romania. Surprisingly, this has been made not in the food, but in the veterinary industry.

Scandinavian home furnishings retailer JYSK continues expansion in Romania and on August 28 is set to open two new stores, thus reaching a local network of 157 units.

rentnbuy.com, a Romanian proptech platform that directly connects tenants and landlords is launching officially in Romania, its representatives said in a statement.

German retailer Lidl invested EUR160 million in Romania last year, namely 2.8% of total foreign investments, with the company’s direct contribution to the state budget amounting to EUR765 million, in line with the company’s data, shows a KPMG analysis.

European countries want U.S. President Donald Trump to deploy U.S. fighter jets to Romania as part of Washington's security guarantees to help end the war in Ukraine.

Romania’s exports of grain and oilseeds, which stood at EUR4.3 billion in 2024 were dominated by US giants Cargill, Glencore (now Bunge) and ADM, ZF has found from country’s statistics board INS data.

July consumer price index far exceeds expectations at 7.8% year-on-year versus the 6.5% year-on-year expected based on the Bloomberg consensus and accelerating from 5.7% year-on-year in the previous month, says Erste Group, owner of lender BCR in Romania, in a report.

In Chernivtsi, the foreign ministers of Ukraine, Moldova, and Romania signed a joint statement following their meeting.

The foreign ministers of Ukraine, Romania, Moldova, Poland, and Lithuania will hold another round of political consultations on Friday, August 8, in Chernivtsi.

Investment fund Value4Capital (V4C), headquartered in Poland, wants to clinch a new acquisition in Romania in 2025, with the investment budget standing at RON60 million (EUR12 million).

Fashion discounter Pepco, present in Romania since 2015, is expanding further in small and medium-sized cities even as the retailer already has almost 500 stores on Romania map.

ISLAMABAD: Romania on Saturday proposed offering Pakistan a direct trade corridor into Europe through its Constanța Port, aiming to enhance bilateral trade and regional connectivity. Federal Minister for Commerce Jam Kamal Khan and Romanian Ambassador Dan Stoenescu held a constructive meeting in Islamabad, focusing on enhancing bilateral cooperation in trade, logistics, defence, energy, and culture. […]

The National Coordination Center for Cybersecurity (NCCC) under the National Security and Defense Council (NSDC) of Ukraine will establish a regional cyber alliance with the participation of Ukraine, Romania, and Moldova.

Trina Storage, the energy storage division of Chinese company Trina Solar, has signed a strategic partnership with Visual Fan, the owner of the Allview brand and one of the leading EPC contractors in Romania, for the development of a battery energy storage system (BESS).

UiPath, the most successful IT company founded in Romania, reported a turnover of RON3.279 billion (EUR659 million) for the entity in Romania, for 2024, up 14.85% year-over-year, as per data from the financial statement, which are available on the finance ministry website.

INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, has signed a new EUR29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit) which will be used to finance the construction of a solar power park with 71 megawatts (MW) of capacity in Romania.

German military equipment and ammunition manufacturer Rheinmetall has announced establishment of a local production network in Romania, which includes both its own companies in the country, as well as new partnerships with Romanian companies.