Romania Feed

The Romanian leu depreciated further against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 5.0991 units, amid lingering political tension locally following the first round of presidential election.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has jumped to 6.47% on Wednesday (May 7), from 6.08% on May 6, in line with central bank data.

A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value, according to new research from EY.

Amster Management, a Romanian company active in the hotel field, has sold Duke Romana and Duke Armeneasca hotels of Bucharest.

Glass processor Moldoglass, managed by entrepreneur Valentin Sumanaru, for 2024 reported turnover worth RON44.4 million (EUR8.9 million), down 7.8% from 2024, in line with ZF calculations based on Finance Ministry data.

Scandinavian home furnishings retailer JYSK continues to expand in Romania by opening a new store with a total 1,150-sqm area in Toplita, Harghita, thus reaching a 151-unit local network.

Swiss-held Artemis Group, which industrial real estate development operations, has started construction on an EUR8 million factory for window and door manufacturer Mondo Style in Sanandrei, with which it signed a ten-year lease. This is the second factory the group is building for Mondo Style in the industrial park in Timis County.

Port operator Comvex Constanta (CMVX.RO) posted RON277.3 million revenue in 2024, down 35% from the previous year.

Chimcomplex (CRC.RO), the largest chemical producer in Romania, with industrial sites in Onesti and Ramnicu Valcea, posted RON2.7 million consolidated net profit, down 89% from the RON18.6 million in 2023.

În data de 6 mai 2025, Excelența Sa Monsenior Pierantonio Tremolada, episcopul romano-catolic de Brescia, a oficiat Sfânta Liturghie alături de Preasfinția Sa Virgil Bercea, în Catedrala „Sfântul Nicolae” din Oradea. La Liturghie au participat pr. Gabriel Buboi, protopop de Oradea, alături de 50 de preoți de rit latin din Italia, însoțitori ai Preasfinției [...]

Romania’s industrial producer price index (PPI) increased by 3.3% year-on-year in March 2025, data from the country's statistical office INS showed on Tuesday (May 6).

Integrated communication agency Oxygen has announced the launch of Oxygen Media, a dedicated media planning & buying agency led by Cristian Costache as Senior Partner.

Oxygen, Romania’s largest independent integrated communications agency, announces the appointment of Veronica Placintescu as Strategic Communications Director, as per a press statement released on May 6.

Law firm bpv GRIGORESCU STEFANICA announces in a press statement on May 6 the promotion of four members of the team to senior positions.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has climbed to 6.08% on Tuesday (May 6), from 5.90% on May 5, in line with central bank data.

Interior Minister Catalin Predoiu, who is also deputy prime minister, has been named Romania's interim prime minister on Tuesday (May 6), following the resignation of Marcel Ciolacu, the president's office said on Tuesday.

The Romanian leu has dropped to an all-time low against the euro on Tuesday (May 6), as the central bank's reference rate stood at RON5.0378 lei per euro against the backdrop of political instability over the last two days following the first round of presidential election.

Romanian Prime Minister Marcel Ciolacu has announced his resignation after the ruling coalition’s pro-EU presidential candidate, Crin Antonescu, failed to reach the presidential election runoff.

Medima Health, the medical imaging network controlled by Vlad Ardeleanu, doctor Gheorghe Iana and investment funds Morphosis Capital and Integral Venture Partners, continues its nationwide expansion and opens its 26th unit, in Oradea, in the wake of a EUR1.6 million investment.

Romania pharma market in April 2024-March 2025 reached a total value of RON35.2 billion (EUR7.08 billion), 13.4% higher than in the year-earlier period, in line with Cegedim data.