Category: Uncategorized

A new survey aiming to assess European citizens’ views on transatlantic relations and security issues found that citizens in Romania and Poland are the most concerned about the possibility of an armed conflict in the coming years, but also share relatively positive views of Donald Trump and Elon Musk. Around 74% of Romanians, and 71%…

Value vouchers contributed over RON 32 billion to Romania’s Gross Domestic Product in 2023, which represents more than 2% of the national GDP. According to a study conducted by the Bucharest University of Economic Studies (ASE), value vouchers, including meal vouchers, holiday vouchers, gift vouchers, and cultural vouchers, have played an essential role in supporting…

The European Bank for Reconstruction and Development (EBRD) has committed EUR 15 million to Morphosis Capital Fund II, a private equity fund supporting small and medium-sized enterprises (SMEs) and lower mid-market companies in Romania and across Central and Eastern Europe (CEE). Managed by Morphosis Capital Partners, the fund aims to provide equity financing as an…

Simtel Team (SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of the national leaders in renewable energy in Romania, aims to issue corporate bonds worth EUR 30 million. The company’s management has convened the Extraordinary General Meeting of Shareholders for April 24-25, to request approval…

Romania is preparing a state aid scheme for large industrial producers with a budget of EUR 580 million over the next six years, prime minister Marcel Ciolacu announced before the March 20 government meeting, according to an executive’s press release. The aid reportedly consists of prolonging and possibly further sweetening the 10-year partial exemption to…

The Foreign Ministry stated Thursday evening, March 20, that there has been no official communication regarding a possible change in Romania’s inclusion in the US Visa Waiver Program. The statement came amid media reports that the Trump administration is considering postponing Romania’s entry. Hotnews.ro quoted a response from the US Department of Homeland Security saying…

The Bucharest office market recorded its lowest level of deliveries in two decades in 2024, with only one major project completed, according to the annual report published by Colliers. Total rental demand fell by 18% compared to the previous year, but new demand remained at a similar level to 2023.  At the same time, more…

Sameday, the courier company in the eMAG group, announced that its new logistics center in the city of Ghimbav, Brasov County, has become operational, an investment of over RON 21 million (EUR 4 million), according to Economica.net. The logistics center has a total area of ​​6,800 sqm and is located on a 10,000 sqm plot…

Romania’s government will “unblock and accelerate” ten hydropower projects with a total installed capacity of 700 MW, where RON 12 billion (EUR 2.4 billion) was already invested, energy minister Sebastian Burduja announced, according to Economica.net.  The state-controlled group Hidroelectrica (BVB: H2O) carries out the projects. Minister Burduja has not explained why these projects are blocked…

The volume of construction works in Romania marked an outstanding annual advance of over 30% y/y in January, driven by the good weather that allowed infrastructure projects to continue at a high pace (+33.8% y/y), but also by the low base effects in the residential segment where the reported activity was unusually weak in the…