Romania's industrial output increased by 7.1% y/y or by 3.8% y/y in workday-adjusted terms in May, the statistics office INS announced. The adjusted growth rate is the strongest in three years, but it was helped by base effects – Erste Group notes on a moderately positive note in a research update. The performance in May […]
Political risks have eased in Romania since the previous government introduced a consolidation package in late 2024 amid heightened tensions triggered by the annulment of November's presidential election and the coalition negotiations resulted in ambitious consolidation targets, but significant fiscal consolidation will weigh on economic growth, and implementation risks cannot be discounted, according to a […]
Raben Romania has strengthened its national logistics presence with the opening of a new 1,800 sqm warehouse at CTPark Brașov West, following a lease agreement signed with CTP, Europe’s largest listed owner, developer, and manager of industrial and logistics properties. This marks Raben’s tenth warehouse in Romania and brings its total leased space within CTParks […]
Bucharest City Hall, in partnership with District 2 City Hall, is set to begin construction on the new Flamaropol Ice Rink, a major project aimed at boosting the Romanian capital’s sports infrastructure. The decision was finalized during a meeting on Tuesday, July 15, between Bucharest’s acting mayor, Stelian Bujduveanu, and District 2 mayor, Rareș Hopincă. […]
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
