Category: Uncategorized
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Chinese brands’ share on Romania’s car market surges nearly tenfold y/y to 9.5% in January
Chinese automakers have come to represent almost one in ten cars delivered on the Romanian market in January 2026, up from under 1% market share one year earlier, according to Ziarul Financiar, citing official new car registration data. Chinese producers reached a 5.4% market share in November, over 6% in December, and in January 2026,…
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Chinese investors launch major logistics real estate project in northeast Bucharest
The Victoria Business Park logistics project, developed northeast of Bucharest in the commune of Afumați by two Chinese entrepreneurs, with a planned surface of 320,000 square metres, is nearing completion and could propel the two investors to the top of the largest warehouse owners in Romania, according to Profit.ro. The deal comes on top of other…
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Romania’s Romgaz to resume talks with Swiss Ameropa for potential takeover of fertilisers producer Azomures
Romanian state-controlled Romgaz (BVB: SNG), as a potential buyer, will continue takeover negotiations with Swiss Ameropa, the main shareholder of the country’s largest fertilizers producer Azomures, but the negotiations will be held purely on a commercial basis, according to a government press release after prime minister Ilie Bolojan met representatives of Ameropa Grains Romania and…
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EBRD likely to join Electro-Alfa shareholder base after IPO
The European Bank for Reconstruction and Development (EBRD) is likely to become one of the shareholders of Electro-Alfa International following the company’s ongoing initial public offering, according to Romanian media reports. Profit.ro reported that the EBRD, which acted as an anchor investor in several recent Bucharest Stock Exchange listings, including Cris-Tim Family Holding last autumn,…
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JP Morgan analyst sees Romania outperforming its fiscal consolidation plan
Romania’s public deficit will drop below 6% of GDP this year, and it will further restrain under 5% of GDP in 2027, depending on still to be confirmed expectations for improved revenue collection, according to JP Morgan managing director Nicolaie Alexandru-Chidesciuc, speaking at the CFA Forecast Dinner in Bucharest, according to Agerpres. The government has…
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Irishman who allegedly stabbed countryman in Bucharest placed under preventive arrest
A 22-year-old Irishman suspected of stabbing a countryman of his in Bucharest during a spontaneous conflict has been placed under preventive arrest on Tuesday, February 3, for 30 days. The incident, which took place in an apartment rented on a short-term hotel basis in Bucharest, involved three Irish tourists who knew each other beforehand and…
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Romania still has a low representation of women in politics, report says
Romania continues to have a weak representation of women in the roles of members of parliament, members of the European Parliament, members of county and local councils, and mayors, compared to other states in the European Union, according to the official 2025 data of the European Institute for Gender Equality, processed by Monitorul Social, a…
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Registrations open for 20th George Enescu International Competition in Romania
Registrations have opened for the 20th edition of the George Enescu International Competition set to take place in Bucharest between August 23 and September 19. Held every two years, the event is regarded as one of the world’s leading international launching platforms for young classical musicians and a gateway to the George Enescu International Festival.…
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Housing prices in Romania indicate long-term growth trend, report says
Romania’s real estate market recorded a quarterly increase of 2.3% in the last quarter, marking a notable acceleration compared to the 0.4% growth registered in the previous quarter. The market recorded an average quarterly growth rate of 1.6% over the past year, highlighting the consistency and long-term strength of Romania’s residential sector, according to realty…
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Bucharest district mayor claims he was poisoned with arsenic and mercury
Daniel Băluță, the Social Democrat (PSD) mayor of Bucharest’s District 4, claimed he was intentionally poisoned with arsenic and mercury and that he suspects who the perpetrator might be. During an interview given to Digi24 on Monday, February 2, he stated that the poisoning caused him a series of health problems. The mayor explained that the…