Romania this year recorded one of the steepest increases in hourly labor costs, of 10.4%, in the second quarter against the year-earlier period, only behind Bulgaria, with 13.4%, and Hungary, with 11%, in Europe, in line with Eurostat data.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets), went up by 6% in the first seven months of 2025, with the biggest advance, of 12.4%, being registered in the durable goods industry, in line with data the country’s statistics office INS published on Wednesday, November 17.
AnimaWings, the airline owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, plans to expand its fleet to 18 aircraft by end-2027, from 5 at present, with the value of the portfolio set to top $1 billion.
National Company Bucharest Airports has received nine bids from international engineering companies for the design of the new terminal at Henri Coanda Airport, the largest and most complex airport infrastructure project in Romania.
Botosani-based suit manufacturer Formens, controlled by French entrepreneur Losson Gerard Justin Joseph, for 2024 reported turnover worth RON301.4 million (EUR60.6 million), up 5% from 2023, in line with ZF calculations based on Finance Ministry data.
Sekura Cabins Group, a leading European manufacturer of modular cabin solutions, has invested EUR1.8 million in a Brasov plant, its first production unit outside Denmark.