Romania has signed its first memorandum with Turkey for bilateral cooperation in the energy sector, including an emergency natural gas import facility of up to 4 million cubic meters per day that Romania may use when needed, Energy Minister Sebastian Burduja announced, according to HotNews.
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The credit rating agency Standard & Poor’s, or S&P, reconfirmed Romania's “BBB-/A-3” rating for long- and short-term debt while maintaining a negative outlook in its latest review published on July 24. The agency noted that the recent fiscal measures meant to reduce the deficit, which it describes...
ALD Automotive I LeasePlan announce the completion of the integration of the two companies under the Ayvens brand and introduce the new local management team. The Ayvens mobility brand, which unites the two companies under a single identity, was launched in Romania last fall, following the global acquisition of LeasePlan by ALD Automotive. Locally, the […]
In the first half of 2025, private equity funds completed five acquisitions and five exits in Romania. If add-on acquisitions are taken into account, the total number of transactions registered a 14% increase compared to the same period in 2024, according to a study by consultancy company Roland Berger. Healthcare was the most dynamic sector […]
Romania’s foreign minister, Oana Ţoiu, announced that Romania will adopt a legislative act to criminalize companies and individuals who attempt to circumvent the sanctions imposed on Russia at the European level. The move comes after a joint decision by EU member states on July 18 to extend the sanctions package...
The stock of deposits in Romanian banks decreased by over RON 3 billion during the first half (H1) of 2025 to RON 629.2 billion at the end of June, while the plunge was steeper for local currency deposits; residents preferred foreign currency, according to the data published by the National Bank of Romania (BNR). The […]
The management of Turkish group Otokar announced that it plans to design and produce military vehicles in Romania through its local joint venture with Automecanica, according to TechRider.ro. The two companies are...
