The European Bank for Reconstruction and Development has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States.
Romania's current account deficit decreased to EUR5.3 billion in January-March 2026, EUR815 million below the level recorded in January-March 2025, central bank data showed on Monday (May 18, 2026).
Aquila (AQ.RO), one of Romania’s largest distributors of fast-moving consumer goods, has confirmed that it is in the due diligence phase for the acquisition of a distributor with annual revenue of EUR36 million and an EBITDA of EUR4.1 million, without disclosing the identity of the target.
Fitch Ratings has upgraded Banca Transilvania's long-term issuer default rating (IDR) from "BBB-" to "BBB," one notch above Romania's sovereign rating.