Economic news

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19 March 11:01

BYD, the Chinese manufacturer of electric vehicles, will open 20 showrooms in Romania from April 2025, aiming to become market leader by 2030.

Sources

19 March 10:42

Finance Minister Tanczos Barna has announced ANAF checks for people who rent accommodation on platforms such as Airbnb and Booking, targeting incomes from 2019-2024.

Sources

18 March 16:26

The Romanian state has lost a case at ICSID and must pay €183 million to a renewable energy company in Cyprus because of changes in the law.

Sources

18 March 16:11

Labor productivity in Romania has increased from 26% in 2008 to 44% in 2024, with a significant contribution from women, especially in high-end sectors.

Sources

17 March 11:35

US tariffs are jeopardizing transatlantic trade relations, with AmCham EU warning that $9.5 trillion is at risk.

Sources

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13 March 06:55

In the second half of 2024, Romania supplied 23% of the EU's wheat exports, making it one of the region's most important suppliers.

Sources

12 March 12:36

Northvolt, the Swedish manufacturer of batteries for electric cars, has filed for bankruptcy after financial problems.

Sources

11 March 10:00

A draft emergency ordinance makes significant changes to VAT, bringing it in line with EU directives.

Sources

10 March 16:52

CFR has opened the tenders for the modernization of the railway infrastructure in the Port of Constanta - Phase III, receiving offers from three economic agents.

Sources

6 March 10:12

Hanwha Aerospace, the company that will supply K9 howitzers to the Romanian army, will invest in a factory in Romania.

Sources

5 March 11:48

Environment Minister Mircea Fechet announces that the Rabla 2025 program will have a single session and will eliminate diesel cars.

Sources

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5 March 11:20

Romania has reached €100 billion of EU funds, 18 years after accession.

Sources

5 March 10:24

Eurowind plans to build a complex of 9 wind farms in Botoșani County, a project that will strengthen Romania's renewable energy capacity.

Sources

3 March 15:12

Banca Transilvania finalized the merger with OTP Bank Romania, becoming market leader with a 23% market share.

Sources

1 March 08:30

In March, the Ministry of Public Finance (MFP) will issue 8.24 billion lei worth of government securities, an increase of 200 million lei compared to the amount programmed in February.

Sources

26 February 16:30

The European Commission has announced €100 billion in aid for green manufacturing, part of the 'Clean Industrial Deal' to cut carbon emissions.

Sources

26 February 12:19

According to an eJobs survey, 55% of employees expect a pay rise in 2025.

Sources

24 February 16:44

The 2024 drought significantly reduced the truffle harvest, driving up prices. This led to checks and penalties for the firms involved.

Sources

24 February 12:53

After 10 months of high inflation, Romania has been overtaken by Hungary, which recorded inflation of 5.7% in January.

Sources

21 February 19:46

Energy Minister Sebastian Burduja has announced the extension of the electricity and gas price caps to protect the population in the context of regional instabilities.

Sources

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