Category: Uncategorized
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Romanian unions demand minimum wage increase from January 2027
Several Romanian trade union federations will protest outside the Ministry of Labour on August 25, demanding an increase in the statutory minimum wage from January 1, 2027, and the resumption of collective bargaining at sectoral and national levels, according to the National Trade Union Confederation Cartel Alfa, as reported by Agerpres. The protest will bring…
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Drone crashes near home in Romania’s Vrancea County
Residents within a radius of approximately 300 meters were temporarily evacuated on Monday, August 24, after a drone was found crashed into a walnut tree near a house in Ciușlea, Vrancea County, Agerpres reported. The Defense Ministry later said the device carried no explosive payload and most likely belonged to a drone that had entered…
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Romanian agrifood company DN AGRAR records 40% EBITDA margin, net profit down 49% in H1 2026
DN AGRAR Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, closed the first semester of 2026 with a turnover of RON 90.3 million, EBITDA of RON 36 million and a net profit of RON 13.7 million. The EBITDA margin stood at 40%, with…
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Babiš-linked AdBlue producer Greenchem to acquire Romanian distribution assets
Greenchem Romania, an AdBlue producer, part of Greenchem Holding controlled by Czech businessman and prime minister Andrej Babiš, is going to take over the assets of Romanian distribution companies Inovator Smart Choice, STD EST Logistic and AD Complex Logis, according to Economica.net, citing the competition body’s approval. Babiš’ group of companies already entered Romania in…
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Romania’s leading Banca Transilvania posts 26.8% higher net profit in first half of 2026
In the first six months of the year, Romania’s leading bank, Banca Transilvania (BVB: TLV), recorded a net profit of RON 2.5 billion, 26.8% above the level recorded in the same period last year, according to a press release. The BT Group’s assets reached RON 233.3 billion as of June 30, 2026, up 4% from…
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Bucharest Exchange-listed Electro-Alfa reports 8.4% higher net profit in H1 2026
Electro-Alfa International (BVB: EAI), a leading Romanian manufacturer of electrical equipment and provider of EPC and IT services, listed on the Bucharest Stock Exchange, reported consolidated total revenues of RON 364.3 million in the first half of 2026, up 18.1% compared to the same period of 2025. EBITDA remained resilient at RON 37.2 million, while…
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Romania’s president congratulates Ukraine on Independence Day as European leaders gather in Kyiv
Romanian president Nicușor Dan sent a message of congratulations to Ukraine on Monday, August 24, to mark the neighboring country’s Independence Day. The official highlighted the “extraordinary courage and heroic resilience of the Ukrainian people in defence of our shared values and freedom.” He also promised that “Romania will continue to stand by Ukraine, steadfast…
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AgriStart launches in Romania to support early-stage agrifood startups
Romanian founders developing solutions for agriculture and the food industry can apply until September 7 for AgriStart, a new support program for early-stage agrifood startups. Ten selected teams will receive mentoring and workshops, while two will advance to a second stage offering commercialization assistance and specialized services worth up to EUR 2,000 per startup. AgriStart…
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Uber analysis reveals different mobility patterns across 39 Romanian cities
Cities across Romania show distinct ride patterns depending on the day of the week, local demand, and popular destinations, according to an Uber analysis covering 39 urban areas. The data, based on rides ordered through the app in the first half of 2026, also found that 10 p.m. was the busiest evening hour in almost…
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Romania’s central bank ups inflation forecasts for end-year 2026 to 2028
According to the new forecasts issued by the National Bank of Romania (BNR), the annual inflation rate in the country will stand at 6.1% in December, compared with the previously estimated level of 5.5%, and will decrease to 3.4% in December 2027 and to 2.8% in June 2028, compared to 2.9% and 2.7%, respectively, forecast…