Category: Uncategorized
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Ford Otosan’s Romanian factory reports 6.4% higher output in Q1
The Ford Otosan plant in Romania produced 63,740 vehicles in the first quarter, up 6.4% compared to the 59,911 units assembled in the same period in 2025, according to data communicated to the Romanian Automobile Manufacturers Association (ACAROM). The growth engine is the Ford Puma, the brand’s best-selling model in Europe, which totaled 40,124 units…
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Carrefour, Garanti selling local subsidiaries push Romania’s M&A market to record high in Q1
The Romanian mergers and acquisitions (M&A) market reached a record high in the first quarter of 2026, with the total estimated value of transactions reaching USD 2.9 billion, compared to USD 765 million in the same period last year, according to an EY analysis. The value of the announced transactions amounted to USD 2.2 billion,…
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Romania’s per-capita consumption expenditure up by real 0.3% y/y in Q4 2025
The per-capita monetary average gross monthly income, in Romania, rose by 12.1% y/y to RON 3,575 (some EUR 700) in the last quarter (Q4) of 2025, according to data published by the statistics office INS. In real terms, this resulted in a real 2.2% y/y advance, a visible slowdown from 6.2% y/y in Q3. Thanks to stronger advances in…
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Romania’s competition body sets high fines for banks for collusion
Romania’s Competition Council sent to the European Commission and to the relevant banks the results of an investigation launched in 2022 on the alleged collusion of ten local lenders that manipulated the interbank interest rate ROBOR with the final aim of increasing the interest rates paid by their mortgage debtors, Bursa announced. The fines proposed…
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Romania keeps policy rate, signals higher inflation in Q2 on Middle East effects
Romania’s central bank (BNR) decided, at its April 7 board meeting, to maintain the monetary policy rate at 6.5%, noting disinflationary pressures from aggregate demand following the renewed decrease in annual GDP dynamics in Q1, as well as inflationary effects from the Middle East crisis, which is expected to spur higher inflation in Q2. The…
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Marius Andruh elected president of Romanian Academy
Marius Andruh has been elected president of the Romanian Academy, following the vote of the body’s members held on April 7, the institution said. He was elected with 84 votes from a quorum of 157 members attending. Chemist Marius Andruh became a member of the Romanian Academy in 2001, when he was 46 years old.…
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Romania’s former national football team coach Mircea Lucescu passes away
Romanian football coach Mircea Lucescu died on the evening of April 7, the University Emergency Hospital in Bucharest announced. Lucescu, who was 80 years old, had been hospitalized since March 29 after fainting during training before Romania’s friendly match with Slovakia. Later, he suffered a heart attack, and his health deteriorated rapidly. He was the…
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Almost half of Romanian parents working abroad cannot come home for Easter, survey says
Almost half (45%) of Romanian parents working abroad will not spend the Easter holidays in the country with their children, while 38% say they will come home for Easter, most of them because of money, according to data from a survey conducted by Save the Children Romania among beneficiaries of the program dedicated to children…
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Bucharest district 4 mayor announces new park named after Donald Trump
Bucharest district 4 mayor Daniel Băluță announced a plan to build a new park that will be named after United States president Donald J. Trump. The new park is currently being developed next to the Tudor Arghezi park. Its name was chosen in honor of the American president and of Romania’s ties with the US,…
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Three Romanian men sent to trial for rape during AUR summer school in 2023
Three men accused of raping a 17-year-old girl at a hotel in the Neptun-Olimp resort during a summer school organized by the far-right party Alliance for the Union of Romanians (AUR) in 2023 were sent to trial. Investigations lasted for three years. Prosecutors say the acts took place inside a hotel and that the men…