Romania: Bucharest General Council passes 2026 budget with increased (…)

May 6, 2026

Bucharest General Council passes 2026 budget with increased investments
May 6, 2026

Bucharest General Council passes 2026 budget with increased investments.

The Bucharest General Council adopted the city’s 2026 budget valued at RON 8.5 billion (EUR 1.62 billion) on Tuesday, May 5. The budget includes (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

lululemon enters Romanian market with first Bucharest store this summer Canadian activewear brand lululemon announced it will open its first store in Romania in June, at B?neasa Shopping City in northern Bucharest. This marks the company’s official entry into the local market through a franchise partnership with Arion Retail Group. The new store, covering (…)

Froo Romania relocates to Hermes Business Campus in Bucharest Froo Romania, part of Poland-based ?abka Group, has relocated its offices to Hermes Business Campus in Bucharest in a transaction brokered by Colliers. The company leased approximately 2,900 square meters of office space as it continues expanding its local operations. The move comes as more (…)

European Social-Democratic group PES signals support for Romania's PSD amid government dismissal The Party of European Socialists (or PES) signaled its support for the Romanian Social Democratic Party (PSD) and the “swift formation of a pro-European government with renewed leadership” after PSD brought down the Liberal-led Ilie Bolojan government on Tuesday, May 5. In a press release, the (…)

Liberty Galati Assets To Be Tendered on June 17 at New Price of EUR444M The assets of steel giant Liberty Galati, which have not found a buyer at the EUR690 million tender of March, will be put up for sale in a new tender, on June 17, at a new price of EUR444 million.

Bucharest's District 3 accounts for over a quarter of new homes, report says District 3 attracts the largest number of new homes delivered in Bucharest, with over a quarter of all houses and apartments completed within the city’s administrative boundaries, according to a market report issued by real estate consultant SVN Romania, based on official statistics and its own (…)

Froo Romania Leases 2,900 Sqms in Bucharest's Hermes Business Campus for Office Relocation Froo Romania, part of Polish group ?abka, one of Europe’s largest retailers on the convenience segment, has relocated to a space of around 2,900 square meters in Hermes Business Campus, in a deal handled by Colliers.

Kontron Services Romania Returns to Profit in 2025 IT&C integrator Kontron Services Romania, a subsidiary of Austrian group Kontron, ended 2025 with turnover worth RON235.1 million (EUR46.6 million), up around 79% from 2024. The company switched back to profit with a net result of RON3.3 million (around EUR659,000), after reporting a RON55.4 (…)