Category: Uncategorized

SmartBill, the Romanian company renowned for its invoicing software solutions and a key player in this field, has appointed Alexandru Leca as Chief Executive Officer (CEO), marking a period of financial success and rapid expansion. The business, founded in 2007 by Ioana Hasan, Radu Hasan, and Mircea Căpățână, reached a turnover of approximately EUR 15…

Romania has won three gold medals at the 2025 European Weightlifting Championships in Chișinău through the efforts of Olympic silver medalist Mihaela Cambei. Cambei, 22, won the medals in the 49 kg category on Sunday, the first day of the event held in the capital of the Republic of Moldova. She took gold in the…

A delegation from the United States Congress is expected in Romania this week to establish high-level contacts, according to the Head of the Presidential Chancellery, Cristian Diaconescu, as stated on Friday, April 11 during an interview with local news channel Antena 3 CNN. According to the Romanian official, the delegation is expected to include both…

GELD Capital Management and its subsidiary REPACO Capital are expanding their footprint in Romania’s retail real estate market with three new retail parks set to open in 2025 in Curtea de Argeș, Breaza, and Brașov. The total investment for these developments exceeds EUR 20 million, as the companies target smaller urban centers with high demand…

Galați County Council has approved plans to build a new Integrated Palliative Care Center aimed at easing the suffering of patients with advanced and incurable diseases such as late-stage cancer. The new facility will feature 50 beds across four floors and include modern facilities such as treatment rooms, psychological counseling offices, physiotherapy spaces, and social…

The Romanian mergers and acquisitions (M&A) market recorded 51 transactions in the first quarter of the year, with an estimated combined value of USD 1 billion, reflecting a 25% decrease in the number of transactions and 29% in value compared to Q4 2024, according to an EY analysis quoted by Ziarul Financiar. The lower estimated…

Over 13,200 houses and apartments were sold in Bucharest and its surroundings in the first three months of the year, down 4.3% compared to the same period in 2024, reveals an analysis by the real estate consulting company SVN Romania based on statistics from the National Agency for Cadastre and Real Estate Advertising (ANCPI). Over…

The feasibility study regarding the Bucharest-South Airport is underway and will most likely be completed by the end of next year, according to Daniel Băluță, the mayor of Bucharest’s District 4, quoted by Profit.ro.  He previously indicated that the total execution period could extend up to 8 years. In the spring of 2024, Daniel Băluță…

Romania’s current account (CA) deficit surged 2.7 times to EUR 3.18 billion in February, and the deficit in 12 months to February rose by 43% y/y to EUR 31.8 billion, according to data published by the National Bank of Romania (BNR). Driven by robust private consumption and a wide public deficit, the country’s external deficit…

Romania’s headline inflation eased from just above 5% y/y in February to 4.86% y/y in March – in line with expectations but well above the 4.6% y/y target set by the central bank, according to data published by the statistics office INS. The core inflation increased to 5.3% y/y in March from 5.0% y/y in…