Category: Uncategorized

The CFA Romania Association’s Macroeconomic Confidence Indicator remained relatively constant in April, at 38.1 points – a level well below the neutral 50-point benchmark. The current conditions indicator decreased slightly, by 0.7 points, and the expectations indicator increased by 0.2 points, resulting in a 0.1 point increase in the economic confidence indicator. The survey underlying…

The general government budget deficit in Romania contracted by 57% y/y to nearly RON 24 billion (EUR 4.7 billion) in January-April, according to data published by the Finance Ministry. The deficit to GDP ratio decreased to 1.17% from 2.92% in the same period of last year.  The detailed figures confirm positive developments in the execution…

Verde Magnesium, which is developing the magnesium exploitation project in western Romania at Budureasa, has been granted, for a period of 10 years, a 25,952 sqm plot of land in the Beiuş Intelligent Specialisation Park for a production facility dedicated to metallic magnesium and magnesium alloys. The investment, partly financed from EU funds, is estimated…

European social platform eYou has surpassed 60,000 registered users three weeks after its public launch, posting early engagement and retention figures that compare favorably with some of the world’s largest social media platforms. At a comparable stage, Facebook and Twitter had significantly smaller user bases and slower international adoption curves. Developed in Romania for Europe,…

The Emerald Medical Center Network, part of Softmedica Group – a medical group with over 30 years of experience in Central and Eastern Europe – announced the official inauguration of the Emerald Medical Center Timișoara, the network’s first clinic in the west of the country and the third nationwide. The clinic in Timisoara has an…

The Superior Council of Magistracy (CSM) harshly criticised the draft law on the uniform remuneration of personnel paid from public funds (the Wage Law) published by the Labour Ministry for debate, claiming that its provisions “will definitively undermine the functioning of justice”. The law, under construction at the Labour Ministry since 2021, under the Social…

The extension of the Tudor Arghezi Park in southern Bucharest will be named the “Donald Trump Romanian-American Friendship Park,” following a decision approved by the District 4 Local Council. The City Hall also announced that the district’s ice rink will be named after the great Romanian hockey player Doru Tureanu. The new four-hectare green area…

MONZA-ARES and Brain Institute announced on Tuesday, May 26, that they are merging operations to create one of Romania’s leading private healthcare platforms focused on complex surgery and high-acuity care. The joint group is backed by US-based private equity firm Highlander Partners. The merger combines MONZA-ARES’ cardiology and complex surgery network with Brain Institute’s expertise…

Softbinator Technologies (BVB: CODE), a Romanian company providing complete software product development services, reported a net profit of RON 821,000 in Q1 2026, marking an increase of 175% compared to Q1 2025. The company posted a RON 6.6 million turnover in the same period, up 3% year-on-year. Operating profit reached RON 847,000, up 26%. At…

A total of 24% of the companies active locally surveyed in the latest Arval Mobility Observatory 2026 already operate electrified vehicle technologies such as battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), or hybrid electric vehicles (HEV). Another 38% of the surveyed companies plan to introduce them within the next three years, signaling that…