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Political risks have eased in Romania since the previous government introduced a consolidation package in late 2024 amid heightened tensions triggered by the annulment of November’s presidential election and the coalition negotiations resulted in ambitious consolidation targets, but significant fiscal consolidation will weigh on economic growth, and implementation risks cannot be discounted, according to a…

Raben Romania has strengthened its national logistics presence with the opening of a new 1,800 sqm warehouse at CTPark Brașov West, following a lease agreement signed with CTP, Europe’s largest listed owner, developer, and manager of industrial and logistics properties. This marks Raben’s tenth warehouse in Romania and brings its total leased space within CTParks…

Romania allocated just 12.8% of its GDP to social protection spending in 2023, the lowest proportion among European Union member states, according to data published by the Social Monitor, a project of the Friedrich Ebert Foundation Romania, based on Eurostat figures. This places Romania well below the EU average and far behind the highest-ranking countries…

The French-led group’s strength will increase from 1,500 troops to approximately 4,000, and NATO’s reinforced forward battle group in Romania will thus be expanded to brigade level, according to Bursa.ro and Antena3.ro.  The increase in the number of military personnel comes against the backdrop of the growing threat posed by Russia to NATO countries on…

The Romanian government is preparing a major restructuring of the prime minister’s office and the General Secretariat (SGG), with staffing reductions in some departments expected to reach 30–40%, Profit.ro reported on July 15, citing multiple government sources. Prime minister Ilie Bolojan has reportedly ordered internal competitions for civil servants at the Victoria Palace as part…

UniCredit Bank, in a report issued on July 14, projects Romania’s public deficit to reach 8.5% of GDP this year in ESA terms, down from 9.3% in 2024 – a projection rather on the pessimistic side compared to the European Commission’s 8.6%-of-GDP projection without the July 7 fiscal package and the 7.8%-of-GDP forecast issued on…

Romania’s industrial output increased by 7.1% y/y or by 3.8% y/y in workday-adjusted terms in May, the statistics office INS announced. The adjusted growth rate is the strongest in three years, but it was helped by base effects – Erste Group notes on a moderately positive note in a research update.  The performance in May…

Bucharest City Hall, in partnership with District 2 City Hall, is set to begin construction on the new Flamaropol Ice Rink, a major project aimed at boosting the Romanian capital’s sports infrastructure. The decision was finalized during a meeting on Tuesday, July 15, between Bucharest’s acting mayor, Stelian Bujduveanu, and District 2 mayor, Rareș Hopincă.…

Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous…

Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June…