Category: Uncategorized
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PwC reveals pessimistic expectations among Romanian managers
Romanian company leaders are approaching 2026 with increased caution amid deteriorating macroeconomic conditions and rising fiscal pressure, according to PwC. A third of executives surveyed expect Romania’s economy to accelerate this year, down from half last year, while 42% anticipate slower growth or a contraction. Confidence in the performance of their own companies has also…
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Romania’s M&A market steady at USD 6.7 billion in 2025, says EY Romania
The Romanian mergers and acquisitions (M&A) market recorded positive dynamics in 2025, with the number of transactions increasing by 3% compared to the previous year, up to 275 transactions, with a total value estimated at USD 6.7 billion (steady y/y), according to an analysis conducted by EY Romania. At the same time, the level of…
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Romanian fast-food chain Fryday doubles operations in 2025 and seeks expansion abroad
Romanian fast-food chain Fryday, founded by Lucian Florea in Suceava, doubled its revenues in 2025, reaching RON 140 million (EUR 28 million), the entrepreneur said. The growth was driven by an accelerated expansion, with the chain opening 13 restaurants last year to bring its network to 26 units. “We want to reach 40 restaurants this…
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Fate of Romania’s troubled steel mill Liberty Galati in limbo
Selling the assets of Romanian steel mill Liberty Galati, under insolvency since last March and not operating since last September, under a restructuring plan drafted by external management Euro Insol and CITRL remains uncertain since the tax collection agency ANAF reportedly refused to approve the plan and state-owned bank Exim Banca Romaneasca filed some objections,…
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Romania’s Finance Ministry may set more ambitious targets for 2026 budget
The draft 2026 budget plan is based on a scenario that includes 1% economic growth and envisages a public deficit of around 6%, Romanian finance minister Alexandru Nazare announced on January 20 after the meeting of the ruling coalition. The final target will be announced after discussions with those involved, he added, Economica.net reported. Under…
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Simona Halep returns to Cluj-Napoca as honorary ambassador of Transylvania Open
Former world number one Simona Halep has been named honorary ambassador of the Transylvania Open, organizers announced on Tuesday, January 20. She will attend the 2026 edition of the WTA 250 tournament in Cluj-Napoca and will present the trophy to the winner at the end of the competition, Agerpres reported. Halep is also set to…
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Train yourself in ESG: Join CES ESG Institute – Romania’s First Private Corporate ESG Program
In today’s rapidly evolving business landscape, mastering sustainability is the ultimate edge. Companies that integrate Environmental, Social and Governance (ESG) principles into their strategy are not only building trust with clients and partners but also future proofing their operations. Recognizing this need, BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest) launches CES ESG Institute, the…
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ArtCircle Residence: Bucharest exhibition showcases artists from 22 countries
A retrospective exhibition on the program ArtCircle Residence, an international artistic residence held in Slovenia, will be on view at the Grand Hall of the Romanian Cultural Institute (ICR) in Bucharest. It includes a selection of works by artists who participated in the ArtCircle program in recent years. The exhibition will highlight Slovenia and Romania’s…
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Construction works in Romania up 8% YoY in January-November 2025
The volume of construction works in Romania increased in the first 11 months of 2025 by over 8% compared to the same period of the previous year, according to data published on Tuesday, January 20, by the National Institute of Statistics. Between January 1 and November 30, 2025, the total volume of construction works increased…
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Romanian farmers join protest in Strasbourg against EU-Mercosur deal
Roughly 200 Romanian farmers joined thousands of European counterparts in Strasbourg, France, on Tuesday, January 20, to protest against the EU’s trade agreement with the Mercosur bloc. The farmers say the deal could jeopardize their businesses in the future, forcing them to compete with South American producers of vegetables and fruits. To signal their opposition,…