Romania unemployment rate dropped to 5.9% in October, 0.2% below the September level, with the total number of unemployed people being estimated at 487,300, 10,000 fewer than in September, but 23,600 more than in the year-earlier period, in line with the country's statistics office INS.
Horia Tecau is launching Mind.Set.Match platform dedicated to sports education and is entering the shareholding structure of Electryphy, a Romanian sports equipment brand.
Swisspod Technologies, the Romanian-Swiss startup developing an ultra-high-speed transportation technology, has reached investments totally worth around $20 million, with $13 million coming from funding raised from funds and private investors such as Hurbig Ventures, Silicon Roundabout Ventures and Felix Porsche, and the rest from grants mainly obtained from the Swiss state and the European Innovation Council.
German-held builder Geiger Transilvania for 2024 reported turnover worth RON277.1 million (EUR55.7 million), down 33.6% from 2023, in line with ZF calculations based on Finance Ministry data.
Window manufacturer Barrier ended 2024 with EUR50 million turnover and has the installed capacity to double production, but the lack of predictability and unfair competition in constructions make it cautious with expansion plans.
Ford Otosan Romania generated revenues worth TRY148.5 billion (around EUR3 billion) in the first nine months of 2025, accounting for a quarter of the group’s total turnover.