Economic news

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Yesterday 17:19

Hidroelectrica has signed a contract worth 97.88 million euros for the modernization of the pumping stations Petrimanu, Jidoaia, and Lotru

Sources

Yesterday 15:08

The number of prosumers has increased to 267,000, with an installed capacity of 3,128 MW. The president challenges the legislative changes regarding energy compensation.

Sources

Yesterday 14:59

After the merger of UniCredit Bank with Alpha Bank, approximately 1,100 employees have left, and another 450-500 are expected to leave, according to the unions. UniCredit denies the massive layoffs.

Sources

Yesterday 14:14

The Investment and Development Bank will invest 6 billion lei in the economy next year to support over 25,000 SMEs.

Sources

Yesterday 09:51

The EU supports the railway infrastructure in Eastern Europe, including Romania, Ukraine, and the Republic of Moldova.

Yesterday 09:34

Radu Burnete states that Romania entered 2025 with a real estimated budget deficit between 9% and 10%, higher than the official one, but with potential for reduction.

Sources

Yesterday 09:15

Salrom has submitted a funding request of 250 million euros to the European Commission for a graphite processing project in Baia de Fier, Gorj County, which will create 300 jobs.

Sources

Yesterday 07:58

The trade balance deficit of Romania reached 24.5 billion euros in the first nine months of 2025, an increase of 4.3% compared to last year.

Sources

Yesterday 07:36

Transilvania Bank recorded a net profit of 1.15 billion lei in Q3 2025, with a growth of 27.5% compared to Q3 2024, and exceeded 20 billion euros in net loans.

Sources

Yesterday 06:13

The Romanian Post signed a contract of 10.76 million lei for banking services intended for the Treasury Program, for a period of 9 months.

Sources

Sunday 18:09

Romania is expanding economic relations with Saudi Arabia, emphasizing the importance of dialogue and courageous decisions to attract investments.

Sources

Sunday 12:55

The American electric vehicle manufacturer Rivian announced on Friday a new compensation package for CEO RJ Scaringe, worth up to $4.6 billion over a ten-year period, a plan inspired by Elon Musk's famous record deal with Tesla.

Sources

Sunday 10:10

Advisor Radu Burnete announces that the budget for 2026 will be prepared transparently, without overestimations or underestimations, in accordance with the fiscal decisions adopted by the Government this year.

Sources

Sunday 09:24

Alexandru Nazare had meetings with American officials to discuss economic cooperation, investments in energy, and the Vertical Energy Corridor.

Sources

Saturday 20:16

The German government will review trade relations with China, establishing a committee of experts to analyze trade security and make recommendations.

Sources

Saturday 19:09

The UN High Commissioner for Refugees, Filippo Grandi, urges Germany to increase humanitarian aid, warning that cuts could lead to a new wave of migration.

Sources

Saturday 19:00

Agroland, in partnership with Kohshin, will build a manure treatment unit in Mihăilești, with a capacity of 15,000 tons per year

Sources

Saturday 11:29

Romania and Bulgaria are rushing to prevent the closure of Lukoil refineries before the US sanctions, taking into account exemptions and nationalizations.

Sources

Saturday 09:03

Politico: Romania and Bulgaria are in a race against time to prevent the closure of refineries controlled by Russian companies Lukoil and Rosneft, before the American sanctions come into effect on November 21.

Sources

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Saturday 04:32

The prices for the ingredients for the Thanksgiving meal will be 2-3% lower in 2025, according to Wells Fargo's analysis, despite the general inflation.

Sources

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