Category: Uncategorized
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Cocereal projects 4.6% drop in Romania’s grain crop this year
Romania’s total grain production is expected to decline by 4.6% in 2026 to 23.7 million tonnes, according to projections by Cocereal, amid slightly reduced cultivated areas and weaker average yields, Economica.net reported. The overall cultivated area is seen decreasing by 1%, while lower productivity is set to weigh more significantly on output. Wheat production is…
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Romania’s Banca Transilvania reportedly in talks for record EUR 400 mln financing for Pavǎl Holding
Romania’s leading financial group, Banca Transilvania, is in talks with Pavǎl Holding to finance the latter in taking over the local operations of the French retailer Carrefour – a deal estimated at EUR 823 million – according to Ziarul Financiar. This would be a milestone deal for the Romanian banking sector, after the large companies…
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Romania joins group of EU states calling for review of Green Deal targets
Romanian president Nicușor Dan has joined nine European leaders in calling for a revision of the European Union’s Green Deal legislation, citing rising pressure on industry, according to a joint letter dated March 19 and consulted by G4media.ro. The initiative, led alongside Italian prime minister Giorgia Meloni, also includes the leaders of Greece, Austria, Poland,…
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Romanian analysts’ expectations turn positive at end-February, before Middle East conflict
The macroeconomic confidence indicator compiled by the CFA Romania Society association improved to 48.4 points, advancing closer towards the 50-point neutral point, from 46.8 in January and 36.4 in December, and reaching the highest level since July 2024 before the presidential elections. The sharp improvement over the past couple of months was driven by the expectations…
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Romania’s ruling coalition reaches compromise on 2026 budget plan
The Parliament of Romania is expected to give its vote on the 2026 budget plan on March 20 after the ruling coalition’s parties reached an agreement to finance the RON 1.1 billion (0.05% of GDP) “solidarity package” required by the Social Democrats (PSD) and keeping the budget deficit within the 6.25%-of-GDP limit as requested by…
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Romania issues over 1.5 million electronic ID cards in first year of rollout
More than 1.5 million electronic identity cards have been issued in Romania in the first year since their launch, the General Directorate for Personal Records announced on Thursday, March 19, as reported by News.ro. Authorities say the rollout marks a step toward reducing bureaucracy and improving access to public services. According to the institution, over…
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Survey: Majority of Romanians fear war risk, but over half still see country as safe
Nearly seven in ten Romanians said they are worried about the possibility of the country being drawn into a war in the coming years, according to the recently released National Security Barometer. At the same time, just over half still consider Romania a safe country from a national security perspective. The study, conducted by INSCOP…
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One World Romania: Documentary film festival readies edition focused on limits
Against the background of the constant flow of news about wars, genocides, and the deepening of social and economic precarity, this year’s edition of the documentary film festival One World Romania invites the public to reflect on the current turning point, the organizers have said. With democratic values under pressure and the limits of what…
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Romanian government lists new tranche of bonds on Bucharest Stock Exchange
Romania’s Ministry of Finance listed government bonds worth RON 1.2 billion (EUR 231 million) raised through the third Fidelis issuance of 2026 on the Bucharest Stock Exchange on Thursday, March 19. Through the 34 offers carried out since August 2020, the Ministry of Finance has raised over RON 66 billion (EUR 13.3 billion) from the…
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French Chamber of Commerce in Romania announces management team after yearly general assembly
The French Chamber of Commerce, Industry and Agriculture in Romania (CCIFER) has appointed its new management team during the annual general assembly of its members on March 16. Nicolas Richard, CEO of Engie, continues as president of CCIFER, while the Board of Directors includes: Cristina Bojică (Gruia Dufaut & Asociații) – Vice President; Anne-Sophie Bauwens…