A gram of gold got more expensive on Tuesday with 2.9124 lei (0.87%) to a quotation of 336.2958 lei from 333.3834 lei, as announced by BNR the previous day, thus recording a new record value. The national currency depreciated on Tuesday, against the euro, which was calculated by BNR at 4.9705 lei, growing by 0.05 bani (0.01%) compared to the previous quotation of 4.9700 lei. Compared to the US dollar, the leu dropped, the US dollar being quoted at 4.6276 lei, on the rise by 2.02 bani (0.44%), compared to the previous session when it was 4.6074 lei. In exchange, the national currency appreciated against the Swiss franc, calculated by BNR at 5.0930 lei, on the drop by 1.94 bani (-0.38%), compared to 5.1124 lei, the previous quotation.
CTP, a leading developer, owner, and operator of industrial and logistics properties in Europe, is moving forward with the construction of a new 10,800 sqm building at CTPark Oradea North, further expanding its presence in western Romania. With this addition, the company’s development pipeline in Oradea now exceeds 100,000 sqm of gross leasable area. Located […]
The Romanian Investment and Development Bank (BID) has joined the Three Seas Initiative (3SI) Innovation Fund with a EUR 20 million commitment, becoming the fifth national promotional institution to back the EIF-led instrument. The fund, which backs growth-stage companies across Central and Eastern Europe, has now reached EUR 100 million in national contributions from Romania, […]
2025 will end with over 1,000 premium and luxury dwellings delivered in new residential projects from Bucharest and its surroundings, a record for the recent history of the local residential market, according to a market report issued by real estate consultant SVN Romania. The surge is driven by several medium- and large-scale developments, each featuring […]
Transgaz (BVB: TGN), the operator of the national natural gas transmission pipeline system, has increased its consolidated net profit almost fivefold in the first nine months of the year, compared to the same period in 2024, rising from RON 144.7 million (EUR 28.5 million) to RON 682 million (EUR 134.1 million), according to the report. Transgaz’s […]
The griffon vulture (Gyps fulvus), a species that has been extinct in the country for over 70 years, will be reintroduced in a project carried out by nature conservation non-profit Conservation Carpathia Foundation (FCC). The project, part of wider efforts to restore biodiversity in the Făgăraș Mountains, will be carried out in several stages, in […]
azitis.com, a major auction platform in Romania, announced the sale of three aircraft frames that were previously part of the fleet of now-bankrupt airline Blue Air. The engine-less aircraft were each sold for over EUR 45,000 and are set to be converted into hotels and restaurants. The aircraft sold are Boeing 737-530, Boeing B737-5L9, and […]
