Category: Uncategorized

Romania’s residential property market is off to a slow start in 2025, with apartment transactions down nearly 9% in the first four months of the year compared to the same period in 2024, according to real estate consultancy Colliers. The capital saw an even sharper decline, with Bucharest recording a 12% drop in transactions, as…

Ten Romanian women have been selected to join the 2025 edition of the Empowering Women in Agrifood (EWA) accelerator program, organized by Impact Hub Bucharest in partnership with EIT Food, the world’s largest food innovation community supported by the European Institute of Innovation and Technology (EIT). The program supports early-stage female-led businesses in the agrifood…

Romanians spent EUR 59 million at the cinema in 2024, down 5% from the previous year, as higher ticket prices and fewer spectators contributed to a cooling market, according to data from the Romanian Film Center analyzed by Cushman & Wakefield Echinox. While the average ticket price rose by 10% to RON 26.1, the number…

In April 2025, about 4,350 employees from 14 counties of Romania were left without a job following employers’ decisions to carry out collective layoffs, according to data reported by the Territorial Labor Inspectorate for each county that responded to Ziarul Financiar. Most employees left without a job last month, according to these data, are from…

Romanian pharmaceutical producer Antibiotice Iași (BVB: ATB) announced that it secured its fifth consecutive contract with the United Kingdom’s National Health Service (NHS), significantly increasing its presence in the British market for injectable beta-lactam antibiotics. The agreement involves the supply of seven million vials of five types of sterile injectable penicillins to UK hospitals over…

Swiss-based VAT Group, a global leader in vacuum valve manufacturing, announced in a press release on June 5 that it inaugurated a new factory in Arad, western Romania, marking its third major operational hub worldwide. The new facility joins VAT’s global network alongside its headquarters in Switzerland and a key unit in Malaysia. The new…

Romania’s sole flat steel producer and among the few still operational in Europe, Liberty Galati (part of GFG Alliance’s Liberty Steel Group), announced it resumed activity on June 4 after idling for an entire year amid adverse market conditions.  Over the past year and a half, the company received EUR 292 million in government-guaranteed loans from…

Major global shipping operator Mediterranean Shipping Company (MSC) Group has notified the Romanian government that it wants to take over the management of the Damen Mangalia shipyard, which has been under insolvency for the past year, according to Europa Libera Romania. The company reportedly paid in advance for the repair of some ships. MSC is…

French infrastructure giant Vinci is reportedly interested in acquiring EnergoBit, one of Romania’s leading energy equipment and services companies, Ziarul Financiar reported on June 5. EnergoBit, based in Cluj-Napoca, is currently fully owned by its founders – Ștefan Gadola, Peter Pal, and Ioan Socea – who re-acquired complete control of the company in 2022.  If the…

The experts of the four parties supposed to form a new ruling majority and a government in Romania by June 15 have agreed on a short list of measures aimed at securing fiscal consolidation in line with the European Commission’s requirements and investors’ expectations – but deferred the final decision for June 9 when all…