Romania: Economic and labor developments across multiple sectors

Romania is experiencing diverse economic shifts, ranging from significant stock market movements to labor disputes. Rompetrol Rafinare has seen its shares surge by over 1,200% in 2026, reaching a market capitalization of approximately 26.8 billion lei following a return to profitability. Conversely, the Bucharest Stock Exchange (BVB) reported a weekly loss of nearly 4 billion lei in capitalization.

Labor tensions are rising in key infrastructure sectors. Employees at Oil Terminal Constanța have announced a general strike starting November 18, 2026, following failed negotiations over a 6.5% wage increase. Additionally, unions at TAROM Tehnic are preparing for potential industrial action due to an expired collective bargaining agreement and budget disputes.

In tax enforcement, the National Agency for Fiscal Administration (ANAF) identified a case in Argeș County where an individual sold 75 second-hand cars worth over 7.2 million lei without legal registration or tax declarations, resulting in a 1.1 million lei loss in VAT to the state budget.

In the energy sector, Delgaz Grid completed a 4.7 million euro modernization of the Vicov substation in Suceava County, benefiting approximately 18,000 customers. Meanwhile, the Ministry of Economy highlighted the potential of the circular economy as a driver for national growth.