Category: Uncategorized
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Metropolis Foundation’s Bucharest pediatric psychiatry clinic needs EUR 9.5 mln for completion
Construction of what is expected to become Romania’s largest pediatric psychiatry clinic has reached the building’s fourth and final floor, according to the Metropolis Foundation. The organization has raised EUR 7 million of the EUR 16.5 million required for the project and says at least EUR 9.5 million is still needed. Work on the new…
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DP World launches EUR 53.8 mln electrification project at Constanța Port terminal
DP World announced that it launched a EUR 53.8 million project to electrify its container terminal at the Port of Constanța in Romania. The investment, co-financed by the European Union, is scheduled for completion by August 31, 2028. The financing package includes an EU grant of up to EUR 19.7 million through the Connecting Europe…
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Romania’s annual inflation rises to 6.6% in September as fuel prices surge
Romania’s annual inflation rate in September 2026, compared with September 2025, was 6.6%, the National Institute of Statistics reported on Tuesday, October 13. In August, the annual inflation rate was 6.2%. The INS noted that after three months of deflation, annual inflation resumed its upward trend in September 2026. Overall, the annual inflation rate, compared…
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Romania’s debt-to-GDP ratio drops below 60% after GDP revision
The debt-to-GDP ratio reached 59.8%, up from 58.9% at the end of 2025, based on Romania Insider calculations using revised GDP figures. The dynamics of public debt and the indebtedness ratio during the first seven months of 2026 reveal three notable aspects: the entire revised debt-to-GDP trajectory is now below the 60% threshold; the ratio…
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Romania’s PM-designate sketches technocratic government but seeks political backing
Despite proposing the six-month truce, Luca Niculescu has publicly said he wants the government to remain in office for two years, until the 2028 elections, Digi24 reported. Niculescu has reportedly sketched a technocratic cabinet but still hopes to secure the involvement of political parties. The Social Democrats (PSD), however, have so far refused to support…
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InterCapital lists Polish equities ETF on Bucharest Stock Exchange
The ETF, traded under the ticker ICWIGETF, initially has less than RON 200,000 worth of units listed on the BVB. Additional units will be issued as demand grows. The fund was launched in May on the Zagreb Stock Exchange, where its assets reached EUR 13 mln. “It’s relatively new,” Đivo Pulitika, portfolio manager at InterCapital…
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Romania’s trade gap narrows by 4.5% y/y to 8.4% of GDP in 12 months to August
Trade flows gained momentum partly due to base effects, with exports increasing by 11.6% y/y to EUR 7.55 billion and imports by 13.7% to EUR 10.69 billion. However, over the 12 months to August, the rolling trade deficit narrowed by 4.5% y/y to EUR 33.17 billion. The deficit-to-GDP ratio also improved, falling to an estimated…
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IAR Brașov employees protest as board remuneration rises more than fourfold
Last week, interim economy minister Irineu Darău announced that the state had increased the gross monthly allowances of IAR Brașov board members from RON 4,720 to RON 20,400. The state should support performance based on objective indicators rather than proximity to a particular minister or political party, he argued. Darău said he had established a…
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One United Properties buys EUR 10 mln Bucharest site for mixed-use tower
Romanian real estate developer One United Properties announced that it acquired a 5,755 sqm plot on the Barbu Văcărescu Street in Bucharest for EUR 10 million. The company plans to build a residential-led mixed-use tower with an estimated gross development value of EUR 130 million. According to the preliminary concept, the building will have four…
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Romanian film review: BIEFF and The Stranger
Vanishing futures: this was the motto of the Bucharest International Experimental Film Festival (BIEFF) and its fantastic selection proposed new ways to imagine a future that seems now more blurred than ever. The festival wrapped on 30 September and it visited cinema Studio in Timișoara this past weekend. I could not have picked one screening…