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Nine startups were selected from approximately 100 applications for a 14-week program designed to accelerate product development and investment readiness, regional business accelerator Vest Ventures announced. The program is part of the broader Vest Ventures initiative, a venture capital fund dedicated to supporting early-stage startups through capital, mentorship, and access to international networks. The nine startups…

The Romanian customer is becoming more selective. The trends now reshaping the restaurant market. Dining out is entering a more disciplined phase, where variety is losing ground to clarity and execution. Over the past five years, consumer preferences in City Grill Group restaurants have changed noticeably: interest in ingredient origin has increased, more focused menus…

Romanian Justice Minister Radu Marinescu sent president Nicușor Dan the list of proposals for management positions in the Public Ministry, namely for the top and deputy positions in the three main prosecution offices, according to HotNews. The list includes the three candidates who initially received negative opinions from the Superior Council of Magistracy (CSM) and…

President Nicușor Dan said on April 7 that the IT system necessary for the referendum on justice “is almost ready,” without giving a deadline for organising this consultation within the justice system, according to G4Media. President Dan previously said that the members of the Superior Council of Magistracy (CSM) “should leave” if the referendum establishes…

The Damen shipyard in Galați, southeast Romania, launched a multi-purpose vessel on Tuesday, April 7.  The vessel was produced for the Portuguese Naval Forces for EUR 132 million, financed through Portugal’s EU-backed Recovery and Resilience Facility. Following a competitive procurement procedure, Damen signed the contract in 2024. The 107.6-meter-long MPV 10720 ship, called “NRP D.…

PPC Renewables Romania, the largest private investor in renewable energy in Romania, will build a battery energy storage system, or BESS, with a power of 60 MW and 120 MWh storage capacity within the Zephyr 1 120 MW wind power project, CEE Târgușor, the company said in a press release. The project continues PPC Renewables…

The Ford Otosan plant in Romania produced 63,740 vehicles in the first quarter, up 6.4% compared to the 59,911 units assembled in the same period in 2025, according to data communicated to the Romanian Automobile Manufacturers Association (ACAROM). The growth engine is the Ford Puma, the brand’s best-selling model in Europe, which totaled 40,124 units…

The Romanian mergers and acquisitions (M&A) market reached a record high in the first quarter of 2026, with the total estimated value of transactions reaching USD 2.9 billion, compared to USD 765 million in the same period last year, according to an EY analysis. The value of the announced transactions amounted to USD 2.2 billion,…

The per-capita monetary average gross monthly income, in Romania, rose by 12.1% y/y to RON 3,575 (some EUR 700) in the last quarter (Q4) of 2025, according to data published by the statistics office INS. In real terms, this resulted in a real 2.2% y/y advance, a visible slowdown from 6.2% y/y in Q3.  Thanks to stronger advances in…

Romania’s Competition Council sent to the European Commission and to the relevant banks the results of an investigation launched in 2022 on the alleged collusion of ten local lenders that manipulated the interbank interest rate ROBOR with the final aim of increasing the interest rates paid by their mortgage debtors, Bursa announced. The fines proposed…