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The Romanian Ministry of Finance has approved state aid worth RON 1.01 billion (EUR 200 million) for nine companies under the regional development scheme established by Government Decision No. 300/2024, according to an official announcement. The financial support covers investment projects submitted between July 29 and September 9, 2024, during the first online application session. …

Romania’s companies OMV Petrom (BVB: SNP) and Romgaz (BVB: SNG) are in second and third place, respectively, in the top European companies with the highest obligations in the construction of carbon dioxide (CO2) storage facilities, the European Commission established on May 21, within the framework of the “Net 0 2030” decarbonization plan, according to Economedia.ro.…

The Kärcher Group, a global manufacturer of cleaning technology headquartered in Germany, has inaugurated its third production facility in Romania through its local subsidiary CER Cleaning Equipment, following a EUR 115 million investment, the company announced. The new plant, known as CER 3, is located in Curtea de Argeș (close to the first two factories)…

Expectations for Romania’s economic performance have deteriorated significantly among companies in the German-Romanian business community, according to the 2025 business survey released this spring by AHK Romania, the Romanian-German Chamber of Commerce and Industry. The share of companies with a pessimistic view of the Romanian economy rose from 38% in 2024 to 57% in 2025,…

Daniel Dăianu, president of Romania’s Fiscal Council, warned that reducing the country’s high budget deficit cannot be achieved solely through expenditure cuts, insisting that increased tax revenues and higher tax rates are unavoidable. Speaking in Parliament on May 27, he described the deficit as “gangrene” for the Romanian economy and said relying on spending cuts…

The general government budget deficit in Romania contracted by 2.3% y/y to RON 56.0 billion (EUR 11.1 billion, cash terms) in January-April, according to data published by the Finance Ministry.  The deficit-to-GDP figure increased to 2.95% for the first four months of the year from 3.25% in the same period of 2024 but advanced from…

Damen Shipyards Galati in Romania launched the latest Island Class Ferry for BC Ferries on Thursday, May 22. It is the seventh Damen vessel to sail in the Canadian organization’s fleet. The vessel, a Damen RoRo 8117 E3 model, is the first in an order of four battery-equipped diesel-hybrid vessels that will bring the total…

The investment fund GapMinder, launched to back tech companies in Romania and Eastern Europe, announced an EUR 2 million investment in Salestools AI, an artificial intelligence company that automates the B2B sales process through digital agents. The Salestools AI solution identifies potential clients and interacts with them 24/7, conducts deep research, automates outreach via LinkedIn…

Orange Romania has launched the first 5G Standalone (5G SA) network in the Danube Delta, offering high-speed connectivity to local residents as part of the 5G Connect Danube Delta (5G-CDD) project. The rollout was marked by the activation of 5G coverage during the Ivan Patzaichin International Canoe Marathon and is part of a three-year initiative…

The District 4 City Hall will reconstruct Bucharest’s central Unirii Platform, which is in an advanced state of degradation, after now-president Nicuşor Dan approved it on his last day as general mayor. According to a press release from the District 4 City Hall, the approval allows for the regeneration of public spaces in the area,…