Found 19125 news
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, stood at 6.14% per annum in the last banking day of 2025, the same as on December 30 and 3.71% above the start of the year, central bank data show.
The year 2025 was spectacular and memorable for Bucharest Stock Exchange investors, both the approximately 300,000 who invest directly and the 8.2 million from pension funds and several hundred thousand from mutual funds, as the main index BET closed at an all-time high of 24,439 points, 46% higher than at the beginning of the year and 55% higher if including dividends, the best yearly growth rate since 2009.
The year 2025 saw 146 kilometers of new highway added, and 2026 promises even more – another 255 kilometers, plus the completion of the Bucharest beltway and the extension of the Moldavia Highway to Pascani.
SOCAR Petroleum, the Romanian subsidiary of State Oil Company of the Republic of Azerbaijan (SOCAR), has grown to 91 gas stations in Romania after having opened three more towards the end of this year. The three opened in Salaj, Suceava and Satu Mare Counties.
Morphosis Capital Fund II has announced its fourth investment via the launch of Echo Elderly Care, a platform for the development of a national network of senior care centers.
ArcelorMittal Hunedoara, which has halted its production, has signed an agreement with UMB Grup (Dorinel Umbrarescu) for the sale of its assets and the transfer of some related debts.
Construction material manufacturer TeraPlast Bistrita (stock symbol: TRP) has concluded a sale agreement for the land located on Zefirului Street in the city of Bistrita, where one of its production units previously operated, the company has announced in a press statement sent to the Bucharest Stock Exchange on Monday (Dec. 29).
Romania's Competition Council has given green light to the notified acquisition of Phoenix Slag Services S.R.L. by Liberty Galati S.A., the largest integrated steel producer in Romania.
Romania’s general consolidated budget posted a deficit of RON121.77 billion (nearly EUR24.6 billion) in January-November 2025, or 6.40% of the gross domestic product (GDP), Finance Ministry data show on Monday (Dec 29).
State-run national gas transmission system operator Transgaz (stock symbol: TGN) and lender Banca Transilvania (stock symbol: TLV) have agreed on Monday (Dec 29) to extend a RON300 million loan by two years and to reduce the loan margin, the company has announced in a stock market released on Dec 29.
A number of 74,806 companies were deregistered in Romania in the January-November 2025 period, 0.53% more than in the same period of 2024, according to Trade Register data.
IULIUS, a leading mixed-use project developer in Romania, has reached a retail and office portfolio valued at roughly EUR2 billion, following total investments worth EUR1.2 billion in the cities of Iasi, Timisoara, Cluj-Napoca and Suceava.
Global flexible working space provider Mindspace recorded an average occupancy rate of about 80% in its locations in Piata Victoriei and Pipera in Bucharest in 2025, the company said.
Household and company deposits with banks went up by 5.6% in November 2025 against the same month of 2024, reaching a total amount of almost RON650 billion as lei deposits rose by 1.4% and foreign currency ones, expressed in lei, advanced by 16%, in line with central bank data.
The annual growth pace of Romania private lending slowed down to 6.8% in November to a total amount of RON446.7 billion, after RON-denominated loans rose by 4.6% and foreign currency ones by 12.2%, in line with central bank data.
Romania managers for the December 2025-February 2026 period forecast a moderate decrease in economic activity, rising prices in retail and constructions and a headcount decline in the processing industry and constructions, in line with data published by the country’s statistics board INS.
Hidroelectrica, the crown jewel in the Romanian state’s portfolio, has published the convening notice for the Extraordinary General Meeting of Shareholders (AGA), a document that for the first time details the legal, financial and governance architecture of the proposed association with France’s EDF Power Solutions International for the Tarniţa Pumped-Storage Hydropower Plant (PSHPP).
Dutch group ING is in direct talks with Spanish group BBVA to see whether it can buy Garanti BBVA Romania, in a bid to more rapidly grow its foothold on the Romanian banking market and not lose ground to other banks under consolidation.
Romania's finance minister Alexandru Nazare has announced that the government has adopted a new package of fiscal measures aimed at reducing budget spending and supporting economic recovery.
Romania's budget deficit reached 6.4% in November 2025, compared to 7.15% in 2024, which means roughly RON121 billion versus RON125 billion recorded in 2024, the country's Prime Minister Ilie Bolojan has announced in a Facebook post on Wednesday (Dec 24).19125 items