Wednesday, September 2, 2026

News

Spain may be the only EU country able to offset rising energy prices

Spain could become one of the few economies in the European Union capable of counteracting rising energy prices thanks to massive investments in wind...

BRD Group acquires the manager of Romania’s largest ETF from Patria Bank

BRD Asset Management, the largest mutual fund manager in Romania, has agreed to acquire SAI Patria Asset Management, the manager of the country’s largest...

Jacobs leads Romania’s coffee market by revenue, while Doncafe tops profit rankings

Romania’s coffee market is largely controlled by international companies with strong brand portfolios and nationwide distribution networks. Financial data from RisCo.ro highlights three major...

Sighișoara bypass receives construction permit and moves toward execution

The bypass road for the city of Sighișoara, the first project of this type in Mureș County to enter the execution phase, has received...

ECB: expanding AI use could create jobs in the euro area

The growing use of artificial intelligence (AI) by companies could lead to job creation in the euro area, rather than widespread layoffs, according to...

CFR announces bids submitted for the modernization of the Cluj-Napoca – Apahida – Jucu – Bonțida railway line

Romania’s National Railway Company CFR SA has announced the submission of bids for the rehabilitation of railway lines CF 300 and 412 on the...

Closure of the Strait of Hormuz raises global oil market risks

The suspension of transit through the Strait of Hormuz, the world’s most critical oil export route, has triggered major concerns about energy market stability....

Housing market starts 2026 in decline: residential building permits down 7.8% in January

In January 2026, 1,768 residential building permits were issued, down 7.8% compared to January 2025, according to data released by the National Institute of...