Romania activates EU flood recovery fund as ROBOR index falls and businesses plan expansions.

Romania will activate the European RESTORE mechanism to help rebuild areas hit by severe floods in Suceava and Neamț counties. The ROBOR index, used for calculating variable interest rates for lei loans, dropped to 6.61%. Additionally, One United Properties is entering Sibiu to restore historical buildings, while Burger King Romania plans to invest €6-7.5 million for local expansion. Mushroom producer Boglar Champ aims for a 14% turnover increase to RON170 million in 2025, and Dr. Max Group exceeded €2 billion in turnover with a 23% increase.