The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are lending EUR 110 million to the Israeli company Nofar Energy for the development of two photovoltaic parks located in Iepuresti and Ghimpati, in the south-east of Romania, with a total installed capacity of 330 MW.
The financing is extended in equal shares by EBRD and Raiffeisen with EUR 55 million to be extended by each in two installments - EUR 25 million and EUR 30 million, respectively.
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Romania's industrial production index contracted by 4.2% y/y in Q1 and neared the lowest level in the past three years, according to the statistics office INS. The seasonal and workday-adjusted index (-0.4% q/q) has followed a visible downward trend after the post-Covid recovery in 2021 and 2022. The seasonal and workday-adjusted index in Q1 was […]
The net foreign direct investments to Romania contracted by 29% y/y to EUR 4.87 billion in 12 months to March 2025, after a 33% y/y contraction (to EUR 1.67 billion) in Q1, according to data published by the National Bank of Romania (BNR). The net foreign direct investments accounted for only 1.4% of the GDP […]
Romania’s current account (CA) deficit rose by 50% to EUR 33.0 billion in 12 months to March 2025, after a sharp 82% y/y surge (to EUR 7.7 billion) in Q1, according to data published by the National Bank of Romania (BNR). The CA gap reached 9.3% of GDP (based on the latest available 4-quarter GDP […]
Romania's general government budget deficit hit 2.94% of GDP in January-April (RON 56.2 billion, or EUR 11 billion), up from 2.3% of GDP in Q1, according to Ziarul Financiar and
Microsoft, Google, and Continental are the most desired employers in Romania, according to a study conducted by Catalyst Solutions based on over 12,000 responses from participating candidates. In 2025, new entries into the top 100 include Altex Romania, BMW Techworks, and Electrica. The ‘Most Desired Employers’ study was conducted between November 2024 and April 2025 […]
Romanians living abroad are the first to cast their ballots in the second round of the 2025 presidential election, with voting officially starting on Thursday, May 15, at 22:00 Romanian time, when the polling station in Auckland, New Zealand, opens its doors, the electoral authority
