EBRD lends €90 million to support bakery producer Lantmännen Unibake Romania Loan to finance construction of new state of the art bakery production facility in Bucharest Bakery will be one of Lantmännen’s largest facilities, built in line with leading sustainability standards. The European Bank for Reconstruction and Development (EBRD) is lending €90 million to support Swedish Lantmännen Group’s expansion plans in Romania. Lantmännen Group is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. It is owned by 18,000 Swedish farmers, employs around 10,000 people and has operations in over 20 countries. The group owns Lantmännen Unibake, a bakery company that operates more than 30 bakeries globally. Its Romanian subsidiary, Lantmännen Unibake Romania, is an established producer of frozen bakery products in the country. The EBRD’s investment will be used to finance the construction of Lantmännen Unibake Romania’s new state of the art bakery facility in Bucharest, which will serve as a central production hub supplying countries in Central and Southeast Europe. The new facility will be constructed in line with the EBRD’s Green Economy Transition building requirements, supporting Lantmännen’s wider sustainability agenda including Lantmännen Unibake’s decarbonisation commitments validated by the Science Based Target initiative (SBTi). Once completed, the facility will be one of the largest bakery operations within Lantmännen Unibake. It will unlock the export potential of bakery products in Romania, one of Europe’s largest wheat exporters, and support the modernisation of the bakery sector in the country. To support improved skills and training as well as access to employment opportunities, Lantmännen will also implement a vocational training programme for young men and women, enabling work-based learning in food production. The EBRD is a leading institutional investor in Romania. To date, the EBRD has invested €10.5 billion through 515 projects in the country, focussing on financing infrastructure, boosting private sector productivity and further developing the financial sector and capital markets. In 2022, more than 61 per cent of the EBRD’s investments in Romania were in the green economy.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
