Romania witnesses steepest real wage correction in decades

The real net wage in Romania plunged by 5% y/y in August, after it had contracted nominally for the second consecutive month (-2.4% m/m) and the headline inflation rate accelerated to 9.9% y/y from 5.7% y/y only two months earlier, according to...

Romania’s trade gap shrinks for fourth consecutive month in August

The deficit of Romania’s trade in goods has contracted by 10% y/y to EUR 2.6 billion in August, marking the fourth consecutive month of negative annual dynamics. The deficit in 12 months to August eased to EUR 34.4 billion, down from EUR 35.7...

Russia’s Information Attacks Against Moldova Become “Industrialized,” Report Finds

Information attacks launched by the Russian Federation against the Republic of Moldova in recent months have evolved from isolated incidents into a coordinated and industrialized ecosystem, according to a new report by the Center for Strategic...

Baltic Event Co-Production Market 2025 Announces Selected Projects

For the second year, the selection also includes films aimed at youth and children. Since its launch in 2005, the Baltic Event Co-Production Market has served as a key meeting point for feature films in development seeking coproducers, financiers,...

Apple doubles down on green energy investments in Europe and China

Apple announced today an expansion of its environmental initiatives across five European countries, along with a new donation to support environmental education in China. Here are the details. In a press release published in its British newsroom...

BESS projects totalling over 1.5GWh progress in Bulgaria, Romania, Finland and Greece

It is the first phase of a total planned 238MWp solar PV and 315MW/760MWh BESS at the site, expected to be fully operational by 2026. Hithium and Kehua also provided the technology for Renalfa (and Bulgaria’s) first large-scale BESS, a 25MW/55MWh...

PepsiCo invests USD 8.5 mln in new beverage canning line at Romanian plant

PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov county, near Bucharest, following an investment of USD 8.5 million. According to the official announcement, it is the only line of its kind operated by...

Sphera Franchise Group to open five Hard Rock Cafe restaurants in Romania, Moldova starting 2026

Foodservice operator Sphera Franchise Group announced plans to open five new Hard Rock Cafe restaurants across Romania and the Republic of Moldova over the next five years, beginning in 2026. The new locations will be launched in Brașov,...

NEPI Rockcastle inaugurates its first PV park in Romania as part of EUR 110 mln green energy plan

NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme,...

PwC: Romania’s M&A market dominated by renewables in Q3

The mergers and acquisitions (M&A) market in Romania reached a total value of approximately EUR 1.5 billion in the third quarter of 2025, according to a PwC Romania analysis, signed by George Ureche, partner. Compared to the same period in 2024,...

French innovator Gad Aiach, Mozar.io founder: Romania’s tech talent makes it the perfect base for European expansion

When French entrepreneur Gad Aiach founded Mozar.io, he aimed to disrupt one of the least digitized corners of the corporate world — statutory audits. After 25 years in finance and audit, including roles at Arthur Andersen and Deutsche Bank, Gad...

Raiffeisen Romania signs synthetic contract with Munich Re for EUR 1 bln consumer loan portfolio

Raiffeisen Bank has successfully completed a synthetic securitization transaction covering a portfolio of EUR 1 billion, signed with Munich Re, one of the largest reinsurance companies in the world. The transaction is structured on a portfolio of...

Miguel Antonio Jiménez Romero, CEO of AJ BRAND: Scaling-up Renewable Energy Investments in Romania

Miguel Antonio Jiménez Romero analyses renewable energy investments in Romania and provides insight into the evolution of the global energy transition market. AJ BRAND is the new identity of AJ Construction, a change officially adopted at the...

Vucic: We will continue to develop energy infrastructure with EU

BELGRADE - Serbia will continue to develop energy infrastructure with the EU and work hard on delivering on the reform agenda, Serbian President Aleksandar Vucic said on Wednesday, adding that he expected the efforts to be supported by the EU and...

Romanian government cuts waste after scandal over $17,000 monthly rent

The Romanian government has announced a cost-saving move following an investigative report that exposed an outrageous rent deal by one of its regional ministries. A southeastern branch of Romania’s Ministry of Investments and European Projects...

A new Silk Road? Georgia seeks to become trade and logistics hub

At the Poti Sea Port, on the Black Sea coast of Georgia, rows of cranes are hard at work on the quaysides loading containers on to waiting ships. Many of their cargoes have come from as far as Central Asia, or even western China. Once loaded on to...

Apple signs PPAs in Greece, Romania as part of drive to green its devices’ consumption

“By 2030, we want our users to know that all the energy it takes to charge their iPhone or power their Mac is matched with clean electricity,” said Lisa Jackson, Apple’s vice president of environment, policy, and social initiatives. In Greece,...

Romanian builder Novarion officially announces intention to list shares on Bucharest Stock Exchange

Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR...

Romania has 7th fastest Wi-Fi connection onboard trains in ranking of Asian, European countries

Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla. With a median download speed of 12.46 Mbps, Romania offers...

Apple invests $600m in European renewable energy projects

Apple is aiming to reach carbon neutrality across its operations and product lifecycle by 2030. The projects, along with a recently completed solar farm in Spain, will add a total of 650 megawatts (MW) of clean electricity generation capacity to...