The businessman estimates sales of EUR 20 M this year. The InterAgro group, controlled by businessman Ioan Niculae, will open Thursday an edible oil factory in Zimnicea, in which he invested approximately EUR 35 M, which he estimates will have sales of EUR 20 M until the end of the year, Mediafax reports. The beneficiary [...]
Romania added 2.5 GW this year to its total solar power capacity, 45% more than last year and roughly one third of the total capacity expected at the end of the year (7.6 GW), according to Economica.net, citing data from the latest report by Solar Power Europe, the European photovoltaic industry association. The performance, combined […]
The volume of net investments in Romania’s economy rose by 8.8% y/y in Q3 in comparable prices, accelerating from a sluggish +1.0% y/y rate in H1, according to data published by the statistics office INS. The rebound points to stronger capital formation after a weak start to 2025. Indeed, gross fixed capital formation rebounded to […]
The average net wage in Romania rose by 4.3% y/y in October, but this turned into a 5.0% y/y contraction in real terms due to the high inflation (9.76% y/y) since August, according to data published by the statistics office INS. The real wages posted an annual contraction of around 5% y/y for the third […]
Romania’s foreign trade gap (goods) shrank by 19% y/y in October 2025, as the exports performed better than imports for the sixth month in a row: it increased by 5.1% y/y to EUR 8.87 billion, while the imports contracted by 2.4% y/y to EUR 11.88 billion, according to data published by the statistics office INS. […]
Over 10,000 people demonstrated on the evening of December 14 in Bucharest and several other cities across Romania, demanding changes to the justice laws, to ensure the independence of the system and limit the possibility of abuses. It was the fifth day of demonstrations triggered by the Recorder documentary titled "Captured judiciary," which revealed the […]
Romanian president Nicușor Dan is in Finland on Monday and Tuesday, December 15-16, where he is scheduled to take part in the EU Eastern Flank Summit and hold a series of official meetings with representatives of the Finnish government and the defense industry. According to the public agenda, on Monday, the president is set to […]
