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.