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The Romanian government said its endorsement of the European Union–Mercosur trade agreement followed established procedures and was based on assessments from the Ministry of Economy, responding to criticism from coalition partners over a lack of transparency and internal consultation. In a press release issued on January 13, the government said the vote cast by the…

Adient, one of the world’s largest producers of automotive seating, plans to shut down its factory in Ploieşti, Prahova County, a move that would result in the loss of around 1,000 jobs, the company said in a statement on January 13 cited by Ziarul Financiar. The US-based group said it intends to restructure operations at…

Romanian natural gas group Romgaz (BVB: SNG), which is in negotiations to take over the country’s largest fertilizer producer, Azomures, from Swiss Ameropa, announced that it sent to Azomures a letter informing it about the price range proposed for the acquisition of the company’s assets.  In case the price range would be accepted, the parties…

A Romanian delegation, including finance minister Alexandru Nazare, arrived in Paris on January 12 for key talks regarding the country’s candidacy to Organisation for Economic Cooperation and Development (OECD) membership, Economedia.ro announced. Romania recently announced it closed the Environment negotiation dossier, the 19th of the 25 it must complete as part of the process aimed…

UniCredit Bank begins 2026 with an economic growth forecast of 1.5% for Romania this year, nearly double compared to an estimated economic advance of only 0.8% in 2025. The inflation is expected to fall to 4.5% from 9.8% at the end of 2025, with the National Bank of Romania (BNR) potentially cutting the policy rate…

The Romanian passport is in the 11th place globally in 2026, with visa‑free access to 178 destinations, according to the latest Henley Passport Index report, which used data from the International Air Transport Association to compare global mobility. The Singapore passport is the most powerful in the world this year, offering visa‑free access to 192…

The net average wage in Bucharest increased by 6.2% y/y to RON 6,978 (EUR 1,372) in October, 27% above the national average of RON 5,492, according to Economedia.ro, citing data published by the statistics office INS.  The average gross salary was RON 11,649 in Bucharest last October (RON 10,810 in October 2024). The number of…

Romania’s economy increased by more than 1% in 2025, and the public deficit remained below the 8.4%-of-GDP target, according to Eugen Rădulescu, adviser to central bank governor, cited by Ziarul Financiar. Most analysts estimate last year’s economic growth stayed below 1% – an otherwise rather arbitrary benchmark with little fundamental importance. The economy performed “better…

Romania’s budget deficit will decrease from an estimated 8% of GDP in 2025 (better than the government’s latest target) to around 6.4% of GDP this year (in line with the initial consolidation goals agreed with the European Commission) and the EU loans will ease the pressure on public funding with the 10-year yields seen as…

Romanian prime minister Ilie Bolojan will temporarily take over the Education Ministry following the resignation of Daniel David in December 2025, Europa Liberã România reported. According to an official statement, a new minister is set to be appointed by the end of the month. On Tuesday, January 13, Ilie Bolojan formally submitted to president Nicușor…