Found 19029 news
Romania's current account deficit stood at EUR1.64 billion in January 2025, higher than the EUR1.42 billion level reported in January 2024, central bank data showed on Monday (March 17, 2025).
Romania's energy output fell by an annual 5.8% in January 2025, to 1.431 million tons of oil equivalent (TOE), due to a decline in hydro and wind power generation, the country's statistical office INS has announced, citing provisional data.
International rating agency Moody’s has revised Romania’s credit outlook from stable to negative, citing concerns over the country’s fiscal strength and rising debt burden.
E.ON Energie Romania has over the past five years invested EUR24 million, with 83% of funds going toward service digitalization, for IT platform development and improvement.
Retele Electrice Romania, part of PPC group in Romania, announces that by yearend the total number of smart meters installed by the company in Banat, Dobrogea and Muntenia regions will revolve around 2 million.
Druid AI, one of the most successful tech startups started in Romania, run by entrepreneur Liviu Dragan, is readying to announce a new funding round, of around $50 million, amid a $300 million valuation, market sources told ZF.
OVES Enterprise, a Romanian company specializing in the development of software solutions for aerospace, defense and cybersecurity applications, has signed a strategic memorandum with Overwatch Aerospace, a British firm specializing in the development and production of military drones and advance aerospace solutions, inclusively used by the British government and in Ukraine operations.
Private equity fund Booster Capital has reached an agreement to acquire a significant stake in Bisbags, one of the leading paper bags and packaging producers in Romania.
Bucharest-based private school Verita International School, focused on social-emotional learning programs, has concluded a partnership with Dukes Education, the largest group of schools in the UK.
Kiddo Entertainment Group, one of the most dynamic actors in the indoor entertainment industry in Romania, announces an ambitious strategy to grow its business over the coming period.
Romania's Competition Council has approved the transaction through which IPP Holding Group SRL plans to acquire Imersia Multichannel Agency SRL.
Romania's Competition Council has approved the transaction through which Antalis SA intends to acquire certain assets of Xerox (Romania) Echipamente si Servicii SA.
Enspire Enerji Yatırımları ve Hizmetleri A.Ş., held by Entek Elektrik Üretimi A.Ş., (Entek), has officially completed the acquisition of a 214.26 MW photovoltaic (PV) solar power plant under development in Romania, from Israeli group Econergy International Limited (Seller).
In the fourth quarter of 2024, the employment rate for the working age population (15-64 years) was 63%, decreasing by 0.3 percentage points (PP) compared with the rate recorded in the third quarter of 2024, data from Romania's statistical office INS showed on Friday (March 14).
The average net salary in Romania decreased by 5.6% (-RON317) in nominal terms in January 2024 compared to December 2024, to 5,328 (EUR1,070), data from the country's statistical office INS showed on Friday (March 14, 2025).
The number of companies that filed for insolvency in 2024 increased by more than 9% over 2023 and reached 7,274. Of them, 141 are companies likely to make an impact on the economy, with assets of more than EUR1 million, compared with 90 in the previous year, which translates into a 58% increase, CITR, the leader of the insolvency and restructuring market in Romania, says in a survey.
Ford Otosan’s Craiova plant is starting deliveries of the first electric cars made in Romania to Ford dealers throughout Europe.
Romania currently has a capacity of around 4,500 MW from solar panels and, in line with government plans, this should grow to around 8,500 MW by 2030, with investments put at almost RON2.5 billion.
Ford Otosan’s Craiova plant benefited from a new production capacity increase, to 300,000 vehicles at present.
Romanian Energy Minister Sebastian Burduja announced Romgaz has already published an announcement on the electronic public procurement platform SEAP for consulting services in assessing, negotiating and acquiring Azomures assets.19029 items