There is a consensus among analysts on expectations for no change in the Romanian central bank's monetary policy rate (6.5% currently), despite the expected slow economy, until at least the first quarter of 2026. More insights are expected from the August Inflation Report, which should reflect the monetary authority's expectations for the impact of the fiscal and budgetary reform packages – primarily the VAT rate hike – and the July energy market liberalisation.
The National Bank of...
Greenvolt Next, part of the Greenvolt Group, said that it completed a new photovoltaic power plant integrated with a high-performance energy storage system for Abund Berry, a company in the wild berry processing industry, in Buftea, Ilfov county. The PV system, with an installed peak capacity of 512 kWp, is equipped with an advanced battery […]
Five Romanians, four men and one woman, have been sentenced to prison for raping and sexually abusing ten women, whom they drugged and sexually exploited in the city of Dundee, Scotland. The five Romanian citizens received sentences ranging between eight and twenty years in prison. The group, led by 38-year-old Marian Cumpănășoiu, drugged and abused […]
The Romanian government has amended its fiscal austerity rules to ease restrictions on spending by local authorities, Digi24 reported. The decision modifies Emergency Ordinance (OUG) 52/2025, which had previously frozen most local...
The Romanian software and IT services industry continued its growth trajectory in 2024, exceeding the EUR 17.7 billion turnover threshold, a nominal increase of over 13% y/y or EUR 2.1 billion compared to the previous year, according to data presented by Diana Şipoş, executive director of the Employers' Association of the Software and Services Industry […]
Romanian telecom operator Digi Communications (BVB: DIGI) plans to list its Spanish subsidiary in an initial public offering (IPO) expected to value the business at around EUR 2.5 billion, Profit.ro...
International rating agency Fitch has affirmed the issuer default rating (IDR) of Romanian state-controlled natural gas group Romgaz (BVB: SNG) at BBB-/negative, in line with the country's sovereign, the highest rating the agency could have assigned to the company. However, Romgaz's BBB- rating benefits from a one-notch uplift from its bb+ Standalone Credit Profile (SCP) […]
