The average price of fuel for personal transport in the European Union rose by 23.8% in August 2026 compared to August 2025, following increases of 16.9% in July and 13.7% in June, according to data published by Eurostat. According to the European statistical office, fuel prices were higher in August 2026 than in August of the previous year in 26 of the 27 EU member states. Furthermore, 18 member states recorded year-on-year increases of over 20% in the prices of fuels and lubricants. The steepest price increases within the bloc were recorded in Bulgaria (34.5%), Lithuania (28.8%), Finland (27.6%), Germany (27.5%), France (27.4%), and Romania (26.7%). At the other end of the spectrum, the smallest increases were recorded in Hungary (1.3%), Sweden (6.1%), and Ireland (11.7%). In Romania”s case, the 26.7% year-on-year increase in August follows rises of 24.2% in July and 23.1% in June, according to Agerpres. Month-on-month, EU consumers saw diesel prices rise by an average of 8.3% and petrol prices increase by 3.3% in August. This follows a rise in prices in July 2026, when diesel prices increased by 4.3% and petrol prices by 4.7% compared to June 2026. According to Eurostat, diesel prices rose in 26 EU member states in August 2026 compared to the previous month. The largest increases occurred in the Czech Republic (14.3%), Bulgaria (13.5%), and Luxembourg (12.3%). Conversely, the smallest price increases were recorded in Italy (5.2%) and Romania (6.1%). Regarding petrol prices, 22 countries saw price hikes, three member states recorded price drops, and prices remained stable in two countries in August compared to July. The highest increases were recorded in Spain (8.2%) and Romania (6.6%). Slight price decreases were noted in Hungary (-0.6%), Denmark (-0.3%), and Slovakia (-0.1%).
Bucharest, 6 October 2026: The Chamber of Commerce and Industry of Romania (CCIR), in partnership with the Pakistan–Romania Business Council (PRBC) and the Embassy of Romania in the Islamic Republic of Pakistan, organised the Romania–Pakistan Business Forum on 6 October 2026. The event took place on the sidelines of the......
Prime Minister Ilie Bolojan’s meeting with an OMV Group delegation Prime Minister Ilie Bolojan received today, at Victoria Palace, a delegation from the OMV Group led by Emma Delaney, Chair of the Executive Board and CEO of OMV, and interim member and Chair of the Supervisory Board of OMV Petrom....
Finance and business leaders from across Europe gathered in Warsaw to explore how artificial intelligence is reshaping the finance function, transforming decision-making and redefining the role of people within organisations. On 24 September, the ninth CFO Strategy & Innovation Summit took place in Poland. Organised by The Chartered Institute of...
K-Pop live la București: patru artiste din Coreea de Sud deschid K-Lovers Festival 2026 Gala Korea Corner are loc pe 7 octombrie, la Universitatea Româno-Americană, și aduce pe scenă muzică live, dans K-Pop, un recital de nai susținut de un discipol al lui Gheorghe Zamfir și o degustare de vinuri...
Philips, a global leader in health technology, and Ponderas Academic Hospital mark a new milestone in their collaboration with the designation of Ponderas as a Philips Reference Center for Image-Guided Therapy (IGT). The status recognizes the shared commitment of the two organizations to supporting the development of minimally invasive procedures, medical education and the exchange […]
Wolf Theiss advised Nordic Tyre Group, a leading independent tyre distributor across the Nordic and Baltic markets, on its acquisition of 100% of the shares in Dinamic92 Distribution S.R.L., a Romanian wholesaler and distributor headquartered in Piatra Neamț. The transaction, which closed on 30 September 2026, marks the group's entry into the Romanian market and represents its first acquisition since becoming part of […]
