Tag: European Union (5 articles)

Real estate   |   25 September, 2025 at 9:15 AM

Romania's industrial sector up nearly fivefold in past decade

Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.

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Romania cuts budget deficit in half in first two months of 2026
Finance

Romania cuts budget deficit in half in first two months of 2026

Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.

Energy

Electrica CEO mandate extended

Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.

Finance

JCR upgrades Romania's rating outlook to stable

Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.

Energy

Hidroelectrica's investments reach new high in 2025

State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.