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Romanian prime minister Ilie Bolojan attended the launch of a new Mercedes-Benz assembly line for propulsion units on Monday, October 13, in Sebeș, central Romania. The new line will service fully-electric GLC models produced by the German carmaker.  The new high-tech production line has a 15,000-square-meter assembly line, over 1,000 meters in length, and more…

The merger between Intesa Sanpaolo Bank Romania and First Bank has entered its final stage and is scheduled for completion on October 31, pending all necessary legal and regulatory approvals, including from the National Bank. According to the two institutions, First Bank will merge by absorption with Intesa Sanpaolo Bank Romania, transferring its clients, products,…

The Feldioara Uranium Concentrate Processing Plant (FPCU), owned by the state-owned company Nuclearelectrica, the operator of the Cernavoda nuclear power plant, will deliver nuclear fuel in the form of uranium dioxide (UO2) to Argentina, a first for the Romanian nuclear industry.  The Uranium Concentrate Processing Factory (FPCU) Feldioara, a subsidiary of Nuclearelectrica (BSE: SNN), won…

Romania’s isolationist Alliance for the Union of Romanians (AUR) has consolidated its leading position with 40% of voting intentions, according to an INSCOP Research poll conducted between October 6 and 10. The party’s support remains more than double that of the second-placed Social Democratic Party (PSD), which registered 17.6%. The governing coalition parties – PSD…

Romania’s Social Democratic Party (PSD), the largest in the ruling coalition, will hold its congress and implicitly elect a new president on November 7, announced the party’s interim head, Sorin Grindeanu, who is at this moment the sole candidate for a full term, according to Ziarul Financiar.  Sorin Grindeanu took over as interim leader in…

Recycllux is tackling marine plastic pollution with a platform connecting companies seeking to offset their plastic footprint with the local cleanup capacity. From the more than 400 million tonnes of plastic that are produced yearly worldwide, more than 10 million tonnes end up in lakes, rivers, and seas annually, UN data shows. As awareness of…

Romania’s Ministry of Internal Affairs launched proposals for investments worth roughly EUR 3 billion for the period 2026-2030, focused on weaponry, drones, mobility, cybersecurity, and the protection of critical infrastructure. The investments will be made through the Security Action for Europe (or SAFE) program launched by the European Commission. The initiative, essentially an EUR 150 billion…

The minister of investments and European projects, Dragoș Pîslaru, stated on October 13 that the milestone 215 in the National Recovery and Resilience Plan (PNRR) regarding special pensions has not been met and, therefore, the EUR 231 million funds have been suspended. He thus contradicted the Supreme Council of Magistracy (CSM) and defended prime minister…

The deficit of Romania’s trade in goods has contracted by 10% y/y to EUR 2.6 billion in August, marking the fourth consecutive month of negative annual dynamics. The deficit in 12 months to August eased to EUR 34.4 billion, down from EUR 35.7 billion calculated in 12 months to April. The trade deficit to GDP…

Romania’s average wages in the private sector are expected to rise by only 6% y/y in 2026, after the 7.5% y/y advance this year and 10.4% y/y in 2024, according to the PayWell 2025 report compiled by PwC and cited by Ziarul Financiar. The average inflation was 5.5% y/y in 2024 and will be slightly…