Category: Uncategorized
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Erste Group expects Romania’s central bank to keep rates unchanged for coming 12 months
Romania’s central bank is expected to leave its benchmark interest rate unchanged at 6.50% at its July 8 policy meeting, with economists surveyed by Bloomberg unanimously forecasting no change, according to an Erste Group note. The National Bank of Romania (BNR) will publish only its standard press statement after the meeting, making its assessment of…
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Romania’s May retail sales show households adjust to lower incomes
The total retail sales volume in Romania edged up in May compared to April (+1.3% in seasonally and workday-adjusted terms), while remaining some 5% below the volumes seen before the rise in prices occurred in mid-2025 due to the electricity price liberalisation and the VAT rate hike. In annual terms, the sales were 4.4% down…
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Romania’s PMI still in the contractionary area after four-month improvement
The BCR Romania Manufacturing PMI inched up to 48.8 in June from 48.3 in May, posting a fourth consecutive month of improvement from its all-time low recorded in February and the highest reading for this year, according to Erste Group. Erste analysts continue to expect 2026 to bring a modest expansion in manufacturing and, subsequently,…
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Report: Battery storage profitability in Romania among the highest in Europe
Romania offers one of the most attractive markets in Europe for battery energy storage systems – BESS, with potential revenues ranking fourth on the continent, according to a study by the European Network of Transmission System Operators for Electricity (ENTSO-E) cited by Economica.net. Based on electricity market prices across Europe, the study estimates that battery…
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PwC estimates Romania’s M&A market up 89% y/y to EUR 5.2 bln in H1
Romania’s mergers and acquisitions (M&A) market reached an estimated value of EUR 5.2 billion in the first half of 2026, up 89% y/y, while the number of announced transactions increased by 30% to 162, according to an analysis by PwC Romania. The consultancy said the market recorded three transactions valued at more than EUR 500…
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Romania’s far-right leader George Simion urges president Nicușor Dan to nominate prime minister
Alliance for the Unity of Romanians (AUR) leader George Simion on July 6 urged president Nicușor Dan to nominate a prime minister without delay, as Romania’s political deadlock continued more than two months after the collapse of the previous government, according to Agerpres. “Nicușor, nominate a prime minister NOW! Bolojan, leave the Victoria Palace. Romanians,…
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Romania’s Romgaz shareholders approve takeover of fertiliser producer Azomureș assets
Shareholders of Romania’s state-controlled natural gas producer Romgaz (BVB: SNG) approved the acquisition of the production assets of fertiliser producer Azomureș for up to EUR 69 million, clearing the final major hurdle for the transaction. The General Meeting of Shareholders approved the deal with 3.14 billion votes in favour, representing 81.45% of total voting rights…
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Romania keeps rules unchanged for Rabla 2026 car scrappage program
The Romanian Environment Ministry will launch the 2026 Rabla car scrappage program for individuals under the same rules applied during the 2025 session, postponing planned changes to vehicle eligibility criteria. The ministry said the decision will allow the program to start without further delays while work continues on introducing new rules for future editions. Acting…
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Romania co-leads global anti-human trafficking operation across 59 countries, over 2,000 victims identified
Romania co-led a global operation against human trafficking spanning 59 countries that resulted in more than 1,000 arrests and the identification of over 2,000 victims and potential victims, Europol announced. The five-day operation targeted trafficking for sexual exploitation, forced criminality, and forced begging, with a particular focus on child victims. Operation GLOBAL CHAIN took place…
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Romanian Răzvan Lucescu appointed head coach of Qatari team Al-Sadd
Romania’s Răzvan Lucescu went to Qatar on Sunday, July 5, and signed with the Al-Sadd team to serve as head coach, replacing Roberto Mancini, who recently resigned. Răzvan Lucescu, the son of famed coach Mircea Lucescu, who died earlier this year, left the Greek team PAOK and began negotiations with Al-Sadd and Al-Ittihad (Saudi Arabia).…