Category: Uncategorized

Bucharest mayor and independent presidential candidate Nicușor Dan is ahead of George Simion, the leader of far-right party AUR, in voting intentions, according to a poll presented on Thursday, May 15, by the independent public opinion polling institute IRSOP. This is the first time that the former takes the lead in the race for president.…

A growing number of Romanian employees are facing emotional difficulties, with 63.6% reporting they are currently going through a challenging period, according to the latest survey conducted by the online recruitment platform eJobs. The leading cause, cited by 22.2% of respondents, is insufficient income to cover their daily expenses. Other factors include personal problems (14.5%)…

Romania carried out a medical evacuation mission to assist Palestinian civilians from the Gaza Strip, continuing its humanitarian support amid the ongoing crisis. A C-27J Spartan aircraft operated by the Romanian Air Force transported 12 severely ill Palestinian patients, along with 21 accompanying family members, to Romania for medical care. The aircraft departed from Otopeni…

Romanian retail chain La Cocoş recorded a turnover of RON 1.18 billion (EUR 237 million) in 2024, marking a 20.7% y/y increase and becoming the first domestically owned retailer to exceed the RON 1 billion benchmark, according to Ziarul Financiar. Founded in 2014 by entrepreneur Iulian Nica, La Cocoş operates a network of three hypermarkets…

Even though Romania’s currency, RON (leu), has depreciated relatively steeply in the past weeks, compared to historic low volatility, ING Romania maintains its exchange rate forecast for this year and argues that the national currency could recover from recent losses.  “However, it is important to look at the bigger picture: financial markets can often have…

Romania’s industrial production index contracted by 4.2% y/y in Q1 and neared the lowest level in the past three years, according to the statistics office INS. The seasonal and workday-adjusted index (-0.4% q/q) has followed a visible downward trend after the post-Covid recovery in 2021 and 2022.  The seasonal and workday-adjusted index in Q1 was…

The net foreign direct investments to Romania contracted by 29% y/y to EUR 4.87 billion in 12 months to March 2025, after a 33% y/y contraction (to EUR 1.67 billion) in Q1, according to data published by the National Bank of Romania (BNR).  The net foreign direct investments accounted for only 1.4% of the GDP…

Romania’s current account (CA) deficit rose by 50% to EUR 33.0 billion in 12 months to March 2025, after a sharp 82% y/y surge (to EUR 7.7 billion) in Q1, according to data published by the National Bank of Romania (BNR).  The CA gap reached 9.3% of GDP (based on the latest available 4-quarter GDP…

Romania’s general government budget deficit hit 2.94% of GDP in January-April (RON 56.2 billion, or EUR 11 billion), up from 2.3% of GDP in Q1, according to Ziarul Financiar and Profit.ro citing operative data from the Finance Ministry.  The revenues increased by 16% y/y to a record level of RON 59 billion in April, while…

Microsoft, Google, and Continental are the most desired employers in Romania, according to a study conducted by Catalyst Solutions based on over 12,000 responses from participating candidates. In 2025, new entries into the top 100 include Altex Romania, BMW Techworks, and Electrica. The ‘Most Desired Employers’ study was conducted between November 2024 and April 2025…