Romania Feed

Integrated communication agency Oxygen has announced the launch of Oxygen Media, a dedicated media planning & buying agency led by Cristian Costache as Senior Partner.

Oxygen, Romania’s largest independent integrated communications agency, announces the appointment of Veronica Placintescu as Strategic Communications Director, as per a press statement released on May 6.

Law firm bpv GRIGORESCU STEFANICA announces in a press statement on May 6 the promotion of four members of the team to senior positions.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has climbed to 6.08% on Tuesday (May 6), from 5.90% on May 5, in line with central bank data.

Interior Minister Catalin Predoiu, who is also deputy prime minister, has been named Romania's interim prime minister on Tuesday (May 6), following the resignation of Marcel Ciolacu, the president's office said on Tuesday.

The Romanian leu has dropped to an all-time low against the euro on Tuesday (May 6), as the central bank's reference rate stood at RON5.0378 lei per euro against the backdrop of political instability over the last two days following the first round of presidential election.

Romanian Prime Minister Marcel Ciolacu has announced his resignation after the ruling coalition’s pro-EU presidential candidate, Crin Antonescu, failed to reach the presidential election runoff.

Medima Health, the medical imaging network controlled by Vlad Ardeleanu, doctor Gheorghe Iana and investment funds Morphosis Capital and Integral Venture Partners, continues its nationwide expansion and opens its 26th unit, in Oradea, in the wake of a EUR1.6 million investment.

Romania pharma market in April 2024-March 2025 reached a total value of RON35.2 billion (EUR7.08 billion), 13.4% higher than in the year-earlier period, in line with Cegedim data.

Raiffeisen Bank ended the first quarter of 2025 with RON418 million net profit, up 7% from the year-earlier period, and RON84.8 billion total assets, up 18%.

After a start of the year with hesitations and adjustments, the car market in Romania witnessed the worst contraction of the last few months in April 2025, with a decline of nearly 25% in new car registrations.

Danube freight carrier Transport Trade Service (TTS.RO) on Monday notified the Bucharest Stock Exchange that its chief executive officer since 2014 Petru Stefanut would step down and be replaced by Ion Stanciu, the former deputy CEO, for a four-year term.

New apartment prices in Bucharest went up 6% before the elections, the highest price increase in this market segment, data from the real estate platform imobiliare.ro show. Other cities in the country saw increases in prices, too.

În perioada 30 aprilie – 4 mai 2025, s-a desfășurat Olimpiada Națională de Religie, cultele romano-catolic și greco-catolic, găzduită în acest an de Liceul Greco-Catolic „Inochentie Micu” din Cluj-Napoca, în colaborare cu Episcopia Greco-Catolică de Cluj-Gherla. La concurs au participat 191 de elevi de clasele V-XII, din 19 județe din țară. Eparhia de Maramureș a [...]

Romania's finance ministry on Monday (May 5) rejected all bids for government bonds maturing in April 2029, as it deemed the bid price unacceptable, central bank data showed.

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has announced on May 5 that it has entered into an agreement with Banco Santander to acquire a 49% stake in Santander Bank Polska for approximately EUR6.8 billion.

Private pension fund Metropolitan Life, with assets of RON22 billion invested on behalf of 1.1 million Romanian employees, has exceeded the 5% holding threshold in Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, it announced in a stock market report on May 5.

Garanti BBVA has introduced an option that enables new individual customers to access banking products and services 100% online, directly from the Mobile Banking application.

Law firm Dentons has advised Sousol Holdings Ltd. on the sale of a 54 MW ready-to-build wind project in Romania to Engie Romania.

The total volume of leasing activity in the industrial and logistic sector in the first quarter of 2025 reached 204,400 square meters, comparable to 2023 and 2024 record years, with Bucharest concentrating 62% of total deals, in line with CBRE Romania data.