Germany’s Kärcher Group, which operates three factories and a commercial business in Romania, will open a new company in August of this year to serve a Global Business Service Center in Timisoara; the project is intended to support the company’s global operations. In phase one, Kärcher will hire 80 people in Timisoara.
Romania's central bank has decided in its Board meeting on Wednesday (July 8, 2026) to keep its key interest rate unchanged at 6.5% a year.