Economic news

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16 July 18:18

Paval Holding, the owner of Dedeman, will acquire Praktiker Hellas, marking its entry into the Greek market and Fairfax's withdrawal from the Greek DIY sector.

Sources

16 July 18:05

Romanian employers are bringing in workers from abroad to fill labor shortages caused by the departure of Romanians and the lack of availability of those who remain.

Sources

16 July 16:01

The Amazon Development Center in Iasi will lay off hundreds of employees from its RBS division, reducing the workforce from 3,424 to about 2,900.

Sources

The most important news from the last 24 hours

16 July 12:37

Renault shares fell as much as 17% after the company revised its 2025 estimates and appointed a new interim CEO.

Sources

16 July 12:25

Marius Pandele of Prime Transaction estimates the value of Transgaz shares at 51.87 lei, up 46.74% from the current price, due to improved financial results.

Sources

16 July 11:50

ROCA Investments sells 20% stake in Artesana, which tripled its turnover in 2020-2024, to another investment fund

Sources

16 July 11:49

Renault has announced lower financial forecasts and cost-cutting measures, hit by weak demand and growing competition.

Sources

16 July 11:06

In the first half of 2025, Romania's real estate market recorded transactions worth €391 million, down 6.5% compared to 2024, but still above the historical average.

Sources

16 July 11:02

Poland, Hungary, Slovakia, Bulgaria and Romania oppose a new trade deal between Ukraine and the EU, fearing the impact on agricultural markets.

Sources

16 July 10:29

The 3-month ROBOR index fell to 6.72% per annum, influencing the cost of consumer loans in lei with variable interest rates.

Sources

16 July 10:27

Google has signed a $3 billion deal to acquire 3 gigawatts of hydropower, the largest of its kind in history.

Sources

16 July 09:24

Deputy Prime Minister Tanczos Barna has announced revisions in housing and vehicle taxation, taking into account market values and environmental impact.

Sources

16 July 09:21

The Minister of Environment, Diana Buzoianu, announced the resumption of the Rabla program for individuals, with a budget of 200 million lei, in the context of supporting the economy.

Sources

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16 July 09:19

As of September 1, 2025, co-insureds will no longer receive no-pay health insurance, which will affect retirees and the vulnerable.

Sources

16 July 09:11

ANRE has approved an order obliging electricity companies to pay a deposit when signing contracts to buy electricity on the stock exchange to prevent speculation.

Sources

16 July 08:39

Lóránd Szarvadi, an entrepreneur known for the Domo network, has turned to the HoReCa sector, where he has invested in hotels and wine import.

Sources

16 July 08:12

The port of Antwerp-Bruges is facing a massive backlog of vehicles destined for export to the US due to Trump's trade tariffs, which have led to a significant drop in exports.

Sources

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16 July 07:35

Dragoș Anastasiu warns that Romania risks an exchange rate of 6 lei/euro and unemployment of 30-40% without urgent fiscal measures.

Sources

16 July 07:21

Industrial production grew by 1.7% in the euro area and by 1.5% in the EU in May 2025 compared with April 2025, and by 3.7% in the euro area compared with May 2024.

Sources

16 July 07:10

Bitcoin rose to $116,000, after an all-time high of over $123,000, thanks to institutional demand and ETFs.

Sources

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