Hidroelectrica, Romania’s largest green energy producer, on July 21 announced the signing of a contract with WALDEVAR Energy for the floating photovoltaic panel system – pilot project Nufarul, in Olt County.
Romania continues to have the highest budget deficit of all the EU member countries, 7.5% in the first quarter of 2025, while the EU average is 2.9%, Eurostat data show.
eAWB, an online marketplace offering courier delivery services, in 2024 was aiming for EUR2 million turnover in the following 12 months, considering that it has recently re-launched its platform, this time a version entirely created by using artificial intelligence (AI).
Romania’s public debt overshot the RON1,000 billion mark in April and increased by RON15 billion to RON1,013 billion. It accounted for 56.6% of GDP compared with 55.8% in March, Finance Ministry data show.
The European Union recorded an average general government deficit to GDP ratio of 81.8% at the end of the first quarter of 2025. Romania was below this level, with 55.8%, 16th in the debt-to-GDP ranking of the 27 countries, Eurostat data show.
Romania's Finance Ministry raised RON800 million from banks on Monday (July 21), selling government paper, at an annual average yield of 7.31%.
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy in Romania with a EUR90 million loan to ENGIE Romania, one of the country’s leading energy suppliers and distributors.
Romanian and Central and Eastern European investors show growing interest in international capital markets, being drawn by increasingly accessible and attractive opportunities on the world’s major stock exchanges.