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IT Genetics, a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses, announced this week its intention to list on the AeRO market of the Bucharest Stock Exchange in Q1 2026.  Upon admission to trading, the company’s shares are expected to be listed on the AeRO market under the ticker “ITG”.…

Romania’s population could reach 14.36 million people in 2080, down from slightly over 19 million in 2025, which would mean a reduction of 4.6 million people, or almost a quarter of the population, according to an analysis carried out by the National Institute of Statistics (INS) in the study ‘Projection of Romania’s active population by…

Daniel Băluță, the Social Democrats’ (PSD) candidate for the general mayor elections in Bucharest scheduled for December 7, and the independent candidate supported by isolationist party AUR, Anca Alexandrescu, lead in the voting intentions of Bucharest residents, separated by only 0.1% percentage points, according to an opinion poll conducted by the AtlasIntel institute for Hotnews.ro.…

Grampet–GFR owner Gruia Stoica has signed a joint venture agreement with Chinese rolling stock manufacturer CRRC Shandong to develop a new freight wagon factory in Hungary, industry sources told Club Feroviar. The agreement was concluded last week during Stoica’s visit to China, according to the publication. Although the project has been agreed by both sides,…

The Romanian government is examining amendments to the Oil Law that would allow the Trident offshore perimeter in the Black Sea, held 87.5% by Lukoil, to return to state ownership or be taken over by project partner Romgaz, which holds the remaining 12.5%, Profit.ro reported. The proposal is being reviewed as Romania aligns with United…

The Canadian company Eldorado Gold has agreed to the sale of the Romanian gold mining project Certej, in Hunedoara County, for a total amount of up to USD 30 million, Profit.ro announced. The new owner of the license, subject to an extension request not settled yet, is Toronto Stock Exchange-listed Varvara Development Group (formerly O…

Cris-Tim Family Holding (BVB: CFH), the market leader in cold cuts and ready meals in Romania, reported revenues of RON 853.1 million (EUR 170 million) for the first nine months of 2025, a 3% y/y increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in ready meals. Profitability improved…

Romania’s Fiscal Council expressed cautious optimism that the fiscal measures adopted in the second half of 2025 could reduce the budget deficit to around 6.5% of GDP in 2026, according to its assessment of the second budget revision approved by the government. The Council stated that such an outcome would represent a significant improvement from…

Romania’s public debt increased by another RON 14 billion (EUR 2.8 billion) in August after the RON 30 billion leap in July, to reach RON 1.084 trillion (EUR 213.8 billion) at the end of the month, according to data published by the Finance Ministry.  After the Treasury raised nearly EUR 5 billion with FX bonds…

The Conservation Carpathia Foundation has been awarded the Order of Merit of Germany for its long-term conservation work in Romania’s Făgăraș Mountains. Its executive directors, Barbara and Christoph Promberger, received the distinction from president Frank-Walter Steinmeier during an official ceremony held on December 1 at Schloss Bellevue in Berlin. The ceremony honored 20 individuals whose…