The gold gram appreciated on Friday by 9.4105 lei (2.32%) getting to a quotation of 415.3204 lei, from 405.9099 lei as the National Bank of Romania (BNR)had announced, registering again a record value. National currency appreciated on Friday, by comparison to Euro, which was calculated by the BNR at 4.9759 lei, dropping by 0.07 bani ( - 0.01%), against the previous quotation of 4.9766 lei.The leu lost ground against the US dollar, which was quoted at 4.7742 lei, up 4.25 bani (0.90%) compared to Thursday's 4.7317 lei. The national currency also depreciated against the Swiss franc, calculated by the NBR at 5.3721 lei, up by 1.86 bani (0.35%) from 5.3535 lei, the previous quotation.
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicușor Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the purchase was made in-store or online. The retailers that fail […]
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
The union at the Automobile Dacia automobile factory in Mioveni expressed concern about the administration's proposal to reduce production, starting in January 2026. The production is reportedly planned to be reduced to 55 units per hour, from 65 units currently, according to the company's employees speaking for Europa FM, as reported by
Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net...
