Category: Uncategorized
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More Moldovans support than oppose their country’s unification with Romania
A sociological study on Moldovans’ support for their country’s unification with Romania, as well as on their national identity and political preferences, conducted by sociologist Iulian Gramaţki (PhD Goethe University Frankfurt) with the support of ATES Research Group, revealed that 44% of the Moldovans living in their country and 61% of those in diaspora support…
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Romgaz and Transelectrica announce modest 2025 dividends
Two of the main energy companies traded at Bucharest Exchange, Romgaz (BVB: SNG) and Transelectrica (BVB: TEL), announced planned 2025 dividends with rather modest yields of 1.1% and 0.4% respectively, resulting from low payout ratios generated by high investment commitments (Romgaz) or regulatory restrictions (Transelectrica). However, the price of the two companies’ shares has surged…
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Romania’s software group Bittnet Systems considers EUR 5-15 mln bond issue
Bucharest-based software group Bittnet Systems has called an extraordinary general meeting of shareholders for April 29 to approve a potential bond issuance of EUR 5 million, with the option to increase the amount to up to EUR 15 million in case of strong investor demand. The planned issuance comes as Bittnet’s market capitalisation has declined…
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Romanian households’ consumption of services plunges by 13.9% y/y in January
The turnover volume index of Romanian companies that deliver services to households contracted by 13.1% y/y in January after a major 8.5% m/m (seasonally and workday adjusted) plunge in January, according to data published by the statistics office INS. The reading reflects households’ increased propensity for saving ahead of rising uncertainty, also seen in the…
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Romania’s public deficit halves y/y to 0.7% of GDP in January-February
The general government deficit of Romania contracted by 53% y/y to RON 14.2 billion (EUR 2.8 billion) in January-February, according to data published by the Finance Ministry. The deficit-to-GDP ratio reached 0.7%, compared to 1.6% in the same period of 2025. The outcome, encouraging for the full year deficit target of 6.2%, was partly due…
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Romania miss out on World Cup again after 1-0 defeat to Turkey
Romania’s national football team failed to qualify for the 2026 FIFA World Cup after a 1-0 defeat to Turkey in the playoff semifinal in Istanbul on Thursday, March 26. The loss extends Romania’s absence from the tournament, with their last appearance dating back to 1998, Agerpres reported. The match was decided by a second-half goal…
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Romanian government adopts emergency ordinance on fuel crisis
The Romanian government adopted an emergency ordinance declaring a crisis on the crude oil and petroleum products market, introducing a set of measures aimed at protecting consumers and the economy, News.ro reported. The measures will apply between April 1 and June 30, 2026, with the possibility of extension in three-month intervals if the situation persists.…
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Cushman & Wakefield Echinox: Romania’s regional office stock lags Poland, but long-term potential remains
The modern office stock in Romania’s main regional cities, such as Cluj-Napoca, Timisoara, Iasi, and Brasov, currently stands at approximately 1.08 million sqm, while no office project has been delivered in these markets over the past two years, according to the “Romania Office Report” released by real estate consultancy company Cushman & Wakefield Echinox. As…
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Bucharest mayor announces major restructuring, 700 positions to be eliminated
Over 700 positions within the City Hall of Bucharest and its subordinate institutions could be eliminated according to a plan put forward by mayor Ciprian Ciucu on Thursday, March 26. The institution is in dire financial straits. Earlier this month, the mayor said that Bucharest reached an “extremely bad” situation because the former Social Democratic-led…
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Romania’s Sphera Franchise Group offers dividends worth RON 41 mln
Sphera Franchise Group (BVB: SFG), the company that operates the Pizza Hut, KFC, and Taco Bell chains in Romania, announced a dividend with a yield of 2.2% for 2026. The Board of Directors of Sphera Franchise Group (BVB: SFG), operator of the KFC, Pizza Hut, and Taco Bell brands, has convened the General Meeting of…