Romania | News

Otokar, the defense system producing arm of Türkiye’s largest conglomerate, Koç Group, has signed a joint venture agreement with one of Romania’s leading defense companies, Automecanica S.A. to manufacture locally, in Romania, COBRA II 4x4 ATBTU armored vehicles, thus aiding the development of the country’s defense capabilities.

Fast-food restaurant chain McDonald’s, present locally in a franchise system, is accelerating expansion in Romania, aiming to open nine units in 2025.

The number of Revolut retail customers in Romania increased by 28% to 4.3 million in 2024, Revolut said in a statement.

Romania’s real estate market had a good start of the year, with a total investment of EUR169 million in the first quarter, real estate consultant CBRE data show. This is more than double the previous quarter and almost the same as in the corresponding quarter of last year, showing investor interest in local assets is steadily returning.

Constructii Erbasu group, controlled by Erbasu family, plans to develop hotels in eight cities of Romania, including Bucharest, Oradea and Timisoara, as tourism will be one of the fields that will witness substantial growth locally in coming years.

EYERIM, one of the most dynamic optical retailers in Central and Eastern Europe, anticipates sales of EUR21 million in Romania in 2025, as the local market generated over 10% of the Group's revenue in 2024.

Delgaz Grid, the distribution company of the E.ON Romania group, completed 15 investment projects in Cluj County in 2024, with their total value nearing RON64 million (EUR13 million).

Life in Codes, Atlassian solution partner and reseller in Romania, ended 2024 with EUR7 million turnover, up over 7% from 2023. Of total turnover, EUR1.2 million came from Romania market, significantly higher from the previous year.

Organic fertilizer producer Norofert (NRF.RO) announced on the Bucharest Stock Exchange on Friday evening that it had signed a RON9.4 million contract, VAT included, with an entity operating in the distribution of farm inputs in Romania.

Investment group Vectr Holdings, owner of World Class Romania, is cementing its footprint on Romania wellness market by launching Befit brand, positioned on the affordable segment of the Romania fitness market.

Funky Buddha, a fashion retailer owned by Greek group Altex, is opening its first store of Romania, in ParkLake Shopping Center, in mid-April and is set to add a second unit during the current year, as well as an online store.

Romania’s egg exports reached more than EUR53 million in 2024, slightly higher than in 2023, ZF has found from National Statistics Institute (INS) data.

The total monthly average income in Romania stood at RON8,568 per household, in nominal terms, in Q4/2024, representing RON3,424 per person, 3.8% more both per household and per person compared to Q3/2024, data from the country’s statistical office INS showed on Monday (April 7).

Romania merger and acquisition market posted 57 deals in the first quarter of this year, up 8% from Q1/2024, but by value declined by 30% to EUR968 million, in line with data analyzed by PwC Romania.

Polish retailer LPP, present in Romania with all its five brands, Sinsay, Reserved, Mohito, Cropp and House, has reached around 250 stores in locally after having opened 60 in 2024 financial year.

Romania is currently undergoing an accelerated transformation of the e-commerce market, generating an ever-growing demand for industrial & logistics spaces, according to the "Quo Vadis E-commerce" report released by Cushman & Wakefield.

Filip & Company team assisted, as lead counsel, Digi Romania S.A. in the signing of two export credit facilities agreements totally worth over EUR54.7 million for the acquisition of goods and services necessary for the development of Romania and Portugal telecom networks.

Telecom operator Digi Communications (stock symbol: DIGI) announced in a stock market report on March 28 that Digi Romania (the company’s subsidiary in Romania) signed on March 27, 2025 two export credit facilities agreements in a total principal amount of EUR54.8 million, with a 4-year maturity, which will be used for the expansion of the telecommunications networks of the company’s subsidiaries in Romania and Portugal.

Romania ranked 19th among the 27 EU member countries by GDP per capita expressed as purchasing power parity (PPP) in 2024, the same as Poland and Estonia, Eurostat preliminary data show.

Delgaz Grid, the distribution company of the E.ON Romania group, completed investments of over RON846 million (about EUR171 million) in natural gas and electricity distribution networks in 2024, the company said in a press statement.