Category: Uncategorized
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Romania registers 9.7% inflation in 2025, official data says
Romania ended 2025 with an annual inflation rate of 9.7%, primarily caused by the liberalization of energy prices and the increase in VAT. Over the past year, services became the most expensive (+11%), while the prices of non-food goods increased by +10.5%. Food recorded average price increases of +7.7%, according to Romania’s National Institute for…
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Romanian court upholds data protection fine against former presidential candidate Călin Georgescu
A Romanian court has ordered former presidential candidate Călin Georgescu to pay the RON 50,000 (some EUR 10,000) fine imposed last year for breaching personal data protection rules, after rejecting his challenge against the sanction. The ruling, issued by the Ilfov Tribunal, is not final and can be appealed within 30 days, News.ro reported. The…
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Romania’s resident population continues to shrink as aging trend accelerates, official statistics say
Romania’s resident population fell to 19.043 million as of January 1, 2025, down by 24,400 people compared with the previous year, as negative natural growth continued to outweigh gains from international migration, according to data published on Wednesday, January 14, by the National Statistics Institute (INS). The office said the main driver of the decline…
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Romanian government defends backing of EU-Mercosur trade deal amid criticism
The Romanian government said its endorsement of the European Union–Mercosur trade agreement followed established procedures and was based on assessments from the Ministry of Economy, responding to criticism from coalition partners over a lack of transparency and internal consultation. In a press release issued on January 13, the government said the vote cast by the…
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Adient plans closure of Ploieşti plant, cutting about 1,000 jobs
Adient, one of the world’s largest producers of automotive seating, plans to shut down its factory in Ploieşti, Prahova County, a move that would result in the loss of around 1,000 jobs, the company said in a statement on January 13 cited by Ziarul Financiar. The US-based group said it intends to restructure operations at…
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Romania’s Romgaz proposes price range ahead of takeover talks with fertilizer maker Azomures
Romanian natural gas group Romgaz (BVB: SNG), which is in negotiations to take over the country’s largest fertilizer producer, Azomures, from Swiss Ameropa, announced that it sent to Azomures a letter informing it about the price range proposed for the acquisition of the company’s assets. In case the price range would be accepted, the parties…
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Romania talks OECD membership in Paris after 19 of 25 dossiers were closed
A Romanian delegation, including finance minister Alexandru Nazare, arrived in Paris on January 12 for key talks regarding the country’s candidacy to Organisation for Economic Cooperation and Development (OECD) membership, Economedia.ro announced. Romania recently announced it closed the Environment negotiation dossier, the 19th of the 25 it must complete as part of the process aimed…
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UniCredit expects 1.5% economic growth in Romania this year
UniCredit Bank begins 2026 with an economic growth forecast of 1.5% for Romania this year, nearly double compared to an estimated economic advance of only 0.8% in 2025. The inflation is expected to fall to 4.5% from 9.8% at the end of 2025, with the National Bank of Romania (BNR) potentially cutting the policy rate…
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Henley Index: Romanian passport ranked 11th globally in 2026
The Romanian passport is in the 11th place globally in 2026, with visa‑free access to 178 destinations, according to the latest Henley Passport Index report, which used data from the International Air Transport Association to compare global mobility. The Singapore passport is the most powerful in the world this year, offering visa‑free access to 192…
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Average net wage in Bucharest 27% above the national average
The net average wage in Bucharest increased by 6.2% y/y to RON 6,978 (EUR 1,372) in October, 27% above the national average of RON 5,492, according to Economedia.ro, citing data published by the statistics office INS. The average gross salary was RON 11,649 in Bucharest last October (RON 10,810 in October 2024). The number of…