Found 18948 news
The average net salary in Romania stood at RON5,517 (EUR1,088) in July 2025, higher by 5.2% in nominal terms compared to July 2024 and lower by 2.4% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Friday (Sept 12, 2025).
Net investment in Romania's economy increased by 1% to RON83.813 billion in the first half of 2025 compared to the same period of 2024, the country's statistical office INS announced on Friday (Sept 12).
Elmas Brasov, a Romanian lifting equipment producer, ended 2024 with turnover worth RON231.9 million (EUR46.6 million), up 14.5% from 2023, in line with ZF calculations based on Finance Ministry data.
German retailer Kaufland in 2024 invested EUR20 million in logistics in Romania, more specifically in the Turda warehouse, and for 2026 has earmarked EUR5 million for Ploiesti.
State-run Romgaz (SNG.RO), the largest natural producer in Romania, has called shareholders for a meeting on October 20, 2025 to vote on approving the issuance of a second tranche of bonds and/or the supplementation of the inaugural issuance worth EUR50 million, which was massively oversubscribed in 2024, as per a report published at the Bucharest Stock Exchange on Sept 11.
Connections Consult group (CC.RO), a provider of IT solutions and services, posted operating revenue of RON48.5 million in the first half of 2025, 9% above half-year estimates and 3% above the level in year-ago period, according to the financial report on the Bucharest Stock Exchange.
Members of TechAngels, Romania's leading angel investor network, have directly invested almost EUR1 million in tech startups in the first half of 2025, similar with the amount invested in the same period of 2024, thus maintaining a constant pace of activity despite a difficult economic context marred by fiscal changes.
Romania’s national commission for prognosis and statistics revised downwards its projection for the country’s economic growth for 2025 to 0.6% from 1.4% in its spring forecast, following the magnitude of tax correction shocks and soaring electricity prices.
State-run Romgaz (SNG.RO), the largest natural producer in Romania, has announced shareholders that it sent a notice of termination of the contract to design and build the Iernut thermoelectric power plant signed with Spain’s Duro Felguera.
Romania's annual inflation rate skyrocketed to 9.9% in August 2025 after having climbed to 7.8% in July 2025, data from the country's statistical office INS showed on Thursday (September 11).
Targu Mures Airport wants to develop a cargo terminal, after having invested EUR60 million in the passenger terminal, using EU funds (Large Infrastructure Operational Program - LIOP). The amount needed for the cargo terminal is EUR30 million plus VAT, according to the latest estimates.
China's Wisdom Motor, which manufactures zero-emission trucks and buses, is looking to invest in a factory in Eastern Europe and considering Hungary and Romania for it. The reason behind this move is that the company exports electric buses to Western Europe, Denmark, UK, and Germany, and a manufacturing facility in Europe would make it easier to ship the goods.
Magnor, a Romanian company specializing in the trading of pre-owned jewelry, electronics and luxury goods, posted RON115 million revenue in the first half of 2025, 90% more than in 2024, as well as RON8.4 million net profit, up from the RON3.5 million in the year-ago period, the company announced on Thursday.
Pinum, a leading door and window manufacturer in Romania, has sealed an over EUR10 million funding agreement with Banca Transilvania for the development of a new plant in northern Bucharest, in Moara Vlasiei.
Eduard Burghelia, who founded Confidas.ro, a platform that analyses the financial risk of companies, which he sold two years ago to Termene.ro, has returned to business. He is the co-founder of Nommy, an app that encourages people to discover new restaurants.
AnimaWings, a company owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, will starting March 23, 2026, operate direct flights between Bucharest and Geneva and return with a frequency of three weekly flights.
Flextronics Romania, the local subsidiary of Singapore’s Flex group, which manufactures components for communications, IT and medical equipment, for 2024 reported turnover of around RON723.6 million (EUR152.4 million), down 4.5% from 2023, in line with ZF calculations based on Finance Ministry data.
Lidl, the leading retailer in Romania by revenue, set out to open 200 more stores in the country by 2030.
The real estate market in Bucharest confirmed again the resilience of demand for homes in August 2025, even after the record high of July.
Hidroelectrica (H2O), Romania's largest producer of green power, has awarded a EUR97.5 million contract (excluding VAT) for the retooling of the Stejaru (also known as Dimitrie Leonida) hydroelectric power plant, located on the Bistrita River, downstream of the Izvorul Muntelui dam.18948 items