Category: Uncategorized
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One United Properties reports residential sales and pre-sales of EUR 95.4 million in the half of 2025
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, recorded total sales and pre-sales of EUR 95.4 million in H1 2025, corresponding to 28,602 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 301 apartments and commercial units, as well as 332 parking…
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Former Royal Navy minehunter joins Romanian Navy to bolster Black Sea security
A former Royal Navy minehunter has officially joined the Romanian Navy and will contribute to NATO’s efforts to enhance security in the Black Sea. The Sandown-class mine countermeasure vessel HMS Pembroke was commissioned into the Romanian Naval Forces under the name Căpitan Constantin Dumitrescu (M217) during a ceremony held at Rosyth, Scotland. This is the…
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List of Romania’s airports that are readying to lift restrictions regarding liquids
Only some of Romania’s airports currently have or have initiated steps to acquire security screening equipment that would allow the lifting of restrictions related to the processing of liquids, aerosols, and gels. At the moment, however, the equipment requires software updates and is not yet in use. The Bucharest Airports National Company, which manages the…
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ASSIST Software pioneers AI integration for the future of global manufacturing
ASSIST Software, a Romanian tech company helps turn artificial intelligence into a critical force for smarter, safer, and more efficient factories around the globe. Today, thanks to companies such as ASSIST Software, AI is a core driver of transformation in the global manufacturing industry, reshaping how factories operate, how supply chains respond, and how people…
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New sunoil refinery under construction in eastern Romania
The future edible oil factory in the Galati Free Zone in eastern Romania, planned by Sunpro Oils (Romania), has received the construction permit so that the works will begin shortly. The equipment has started to arrive, mayor Ionuț Pucheanu announced on Facebook. With Sunpro Group (Switzerland) among the owners with a 25% participation, Sunpro Oils…
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No doubt about Romania keeping rates on hold until at least Q1 next year
There is a consensus among analysts on expectations for no change in the Romanian central bank’s monetary policy rate (6.5% currently), despite the expected slow economy, until at least the first quarter of 2026. More insights are expected from the August Inflation Report, which should reflect the monetary authority’s expectations for the impact of the…
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Romania’s retail sales slow down to +1.8% y/y in Q2
Romania’s retail sales volume index increased by 1.8% y/y in the second quarter of the year (Q2), decelerating from +3.5% y/y in Q1 and +8.6% y/y in 2024, according to data published by the statistics office INS. In seasonally-adjusted terms, the sales volume inched up by 0.2% q/q in Q2, after a similarly moderate advance…
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Romania’s modern retail market map still has empty spaces to populate
Romania’s modern retail market expanded to 4.73 million square metres by mid-2025, but remains unevenly distributed across the country, with more than two-thirds of total space concentrated in a few regions, Cushman & Wakefield Echinox reported. The capital Bucharest and the broader Centre-West region – encompassing Transylvania and Banat – account for over 60% of…
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Russian Embassy only foreign mission to send condolences for death of former Romanian president Ion Iliescu
The Embassy of the Russian Federation was the sole foreign mission to send a message of condolences following the death of Romania’s former president Ion Iliescu, notes Iulian Anghel in a column in Ziarul Financiar. The message came 24 hours after the Romanian authorities officially announced Iliescu’s death. No other embassy had publicly commented or…
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Romania sets up commissions to elect new leadership for SOE oversight agency
The Romanian government has initiated the process to appoint new leadership for the Agency for Monitoring and Evaluation of the Performance of Public Enterprises (AMEPIP), Economedia.ro reported. The move follows the creation of selection commissions through an order signed by the General Secretariat of the Government. The procedure is critical to unlocking EUR 330 million…