Romania’s net wage up real 4.8% y/y in Q1

Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the …

Romania faces major political changes with pivotal presidential elections

The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight …

Romania Announces Auction for 3.4 GW Solar and Wind Projects

The Romanian Ministry of Energy has announced the second auction under the State Aid Scheme through contracts for difference (CfD) to increase renewable energy production from onshore wind and solar sources. The auction is for a capacity of 3,472 MW, with …

Romania braces for crossroads presidential runoff viewed as a choice between East or West

Romania is gripped by a deep political crisis after a top court voided the previous election in which the far-right outsider Calin Georgescu topped the first round, following allegations of electoral violations and Russian interference, which Moscow has …

Romania braces for crossroads presidential runoff viewed as a choice between East or West

Romania might be about to make a Trump-admiring former football hooligan its president. This is why

At first glance, Romania’s presidential race, which comes to a head in a second round of voting this Sunday, might look like a de facto referendum on Europe. The far-right George Simion – a former football hooligan who is banned from entering Ukraine for …

Romania’s finances quake before historic vote

Experts say that large swathes of the public have lost confidence in an entrenched political establishment that is seen as having mismanaged the nation while taking care of its own private interests. “This situation is hard for ordinary people. They’re …

Romania at a Crossroads Between Moscow, Washington, and Europe

For the first time in post-communist Romanian history, both candidates advancing to the presidential runoff originate from opposition ranks. Neither represents the country's largest political party - the Social Democratic Party (successor to the …

Establishing a Business Entity in Romania (Updated)

1. Types of Business Entities - When entering the Romanian market, foreign investors have the option of incorporating a new legal entity with a Romanian legal personality, or setting up a unit of a foreign mother company, which will not have a Romanian …

The oil refinery at the heart of Romania’s legal battle

Following Romania’s decision to appeal the award, we look at the background to the case and how Romania ended up owing €85M plus interest. In Eastern Romania, on the outskirts of a small town not far from Bacău, stands an oil refinery which is at the heart …