Category: Uncategorized

A group of 21 farmers cultivating 33,000 hectares in Transylvania has joined forces to build a EUR 45 million edible oil plant, in a country where much of the processing capacity has been taken over and subsequently closed by global trading groups such as Cargill and Bunge, Agrointeligența reported, citing a podcast hosted by George…

The leaders of the Save Romania Union (USR) and the Hungarian party UDMR have expressed openness to negotiations with the Social Democrats (PSD) over support for prime minister-designate Siegfried Mureșan. The UDMR deputy prime minister Tanczos Barna went further, arguing for the revival, potentially in a different formula, of the rotating prime minister arrangement used…

Romanian president Nicușor Dan sought to reassure investors that political consensus exists on the country’s key economic and strategic priorities, despite the continuing political deadlock and the lack of a parliamentary majority behind prime minister-designate Siegfried Mureșan. Speaking in Kyiv after meeting institutional investors, fund representatives and banks with exposure to Romanian fixed-income instruments, Dan…

Romania’s construction activity grew by 2.0% year-on-year in July, slowing sharply from 18.0% in the second quarter and 7.7% in the first quarter, but the sector’s seasonally and workday-adjusted volume reached its second-highest level on record, according to data published by the National Institute of Statistics (INS). The relatively modest annual increase was largely a…

Romania is running out of time in its attempt to prevent its sovereign rating from slipping out of the investment-grade region, as the prolonged political crisis puts the country’s fiscal credibility at risk, Fitch Ratings, cited by Bloomberg, warned. The agency will review Romania’s rating in January 2027, and by then the government will need…

Lacul Morii Island, located in Bucharest’s District 6, has reopened to the public following the completion of modernization works. The works cost approximately RON 32 million (approximately EUR 6.09 million), excluding VAT, of which around RON 20 million came from EU funds. The project turns an area that had been derelict for years into a…

North Bucharest Investments’ latest figures point to a dynamic start to the autumn season for Bucharest’s residential market, with sustained demand from both end-users and investors. North Bucharest Investments (NBI) has exceeded €34.5 million in transactions since ANCPI resumed operations, achieving this volume in less than a month. During this period, the company brokered more…

The initiative brought together the eight countries crossed by the Carpathian Mountains: Austria, the Czech Republic, Poland, Romania, Serbia, Slovakia, Hungary and Ukraine. Among the objectives of the initiative were capitalizing on the region’s economic potential, attracting investments, protecting cultural and natural heritage, and developing cooperation between states. Nicușor Dan explained that the meeting aimed…

The strategic document drawn up by ANSVSA experts was approved, without amendments, by all 27 representatives of EU member states in the specialized committee within the European Commission. “The approval of this plan represents an important step towards resuming sheep and goat exports from Romania, as it paves the way for a reassessment of the…

The volume of construction works rose in July 2026 compared with June 2026 by 7.6% in gross terms and by 1.4% in seasonally and working-day-adjusted terms. Compared with July 2025, it increased by 2.0% as a gross series, while as a series adjusted for the number of working days and seasonality, it decreased by 8.3%.…