Romania's foreign exchange reserves stood at EUR65.4 billion at the end of November 2025, almost the same as on October 31, EUR65.34 billion, Romania’s central bank announced on Tuesday (December 2, 2025).
IT Genetics, a Romanian tech company specializing in digitalization and automation solutions for retail, logistics, manufacturing and other industries, wants to list on the AeRO market of the BVB in Q1/2026 and will before that carry out a private placement for new stock via which it wants to raise as much as RON7.5 million from investors.
Clifford Chance Badea, the local office of global law firm Clifford Chance, has assisted Nofar Energy, via project companies Slobozia Solar Plant S.R.L., Avid Renewable Investment S.R.L. and Corbii Mari Solar Plant S.R.L. in contracting a EUR192 million funding, arranged by the European Bank for Reconstruction and Development.
Swedish company OX2, specializing in the development of renewable power projects, has taken over three wind energy projects from Future Power totaling 235 MW, located in Vaslui and Vrancea.
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, has signed to take over the brake system parts overhaul activities of Knorr-Bremse, the local subsidiary of Knorr-Bremse group.
Law firm Filip & Company legally assisted Banca Transilvania with the launch and execution of its first AT1 bond issue on international capital markets, a deal worth EUR500 million.
Romania unemployment rate dropped to 5.9% in October, 0.2% below the September level, with the total number of unemployed people being estimated at 487,300, 10,000 fewer than in September, but 23,600 more than in the year-earlier period, in line with the country's statistics office INS.
Horia Tecau is launching Mind.Set.Match platform dedicated to sports education and is entering the shareholding structure of Electryphy, a Romanian sports equipment brand.
Swisspod Technologies, the Romanian-Swiss startup developing an ultra-high-speed transportation technology, has reached investments totally worth around $20 million, with $13 million coming from funding raised from funds and private investors such as Hurbig Ventures, Silicon Roundabout Ventures and Felix Porsche, and the rest from grants mainly obtained from the Swiss state and the European Innovation Council.
German-held builder Geiger Transilvania for 2024 reported turnover worth RON277.1 million (EUR55.7 million), down 33.6% from 2023, in line with ZF calculations based on Finance Ministry data.