Romania Insurance Market Reaches over RON36B Assets in 2024

05.02.2025
Insurers’ total assets crossed the RON36 billion threshold at the end of 2024, coming to weigh 2.1% in GDP, reveals the latest report on non-banking financial markets stability published by the financial watchdog ASF.
-
Simona Belea Takes The Helm Of Continental Automotive Romania
02.03.2025
Simona Belea will take over as the new head of Continental Automotive Romania, starting with the second quarter of 2025. more
-
Finance Ministry Raises RON1.4B From Banks Via Two Bond Issues On Feb. 3
02.03.2025
Romania's Finance Ministry raised RON1.4 billion from banks on Monday (Feb 3), selling government paper in two auctions, at annual average yields... more
-
Romania Taps International Markets For 1st Time In 2025 With Euro And Dollar Bond Issues
02.03.2025
Romania's Ministry of Finance has tapped external markets on Feb. 3, 2025, for the first time this year, with euro and dollar-denominated bond... more
-
Beko Romania Appoints Marius Mihailescu As CEO For Romania, Moldova, Greece, Malta And Cyprus
02.03.2025
Beko Romania has appointed Marius Mihailescu to the position of Chief Executive Officer (CEO) for Romania, Moldova, Greece, Malta and Cyprus. more
-
Holde Agri Invest Confirms Bogdan Serghiescu As CEO, Appoints Adrian Pirciu As CFO
02.03.2025
Holde Agri Invest (stock symbol: HAI), one of Romania’s largest farmland operators, announces new changes in its management team, confirming... more
-
MedLife Expands Portfolio Of Robotic-Assisted Surgeries By Introducing Rosa System
02.03.2025
MedLife, the largest private healthcare network in Romania by turnover, has announced that it is expanding its portfolio of robotic-assisted... more
-
Law Firm CMS Advised M Core Group In Acquisition Of Strip Malls In Romania From MAS PLC
02.03.2025
Law firm CMS advised leading UK-based collective of property investment and management companies M Core Group on the acquisition of the strip mall... more
-
Romania Forex Reserves Shrink To EUR60.83B in January 2025
02.03.2025
Romania's foreign exchange reserves shrank by EUR1.3 billion from EUR62.12 billion at the end of December 2024 to EUR60.83 billion at the end of... more
-
Clifford Chance Badea Added 15 Lawyers To Its Team In 2024
02.03.2025
Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited 15 lawyers over the past year, reaching a team of more... more
-
Forty Management Buys 12-Ha Land Plot in Seville Suburb, Plans EUR100M Investments
02.03.2025
Real estate developer Forty Management, controlled by Azoitei family, has bought a 12-ha land plot in a Seville suburbia and will invest over... more
-
Cushman & Wakefield Echinox Assisted MAS PLC in Sale of Romania Strip Mall Portfolio To M Core Group
02.03.2025
Cushman & Wakefield Echinox provided strategic assistance to MAS PLC, a major real estate investor in CEE, in the sale of a Romania strip mall... more
-
PragmaGo Eyes Strong Growth in Romania in Coming Years
02.03.2025
PragmaGo, the Polish fintech providing funding services for SMEs, supported by investment fund Enterprise Investors, aims for fast growth in... more
-
Dutch Group Versuni Sees Sales Rise 10% in 2024 in Romania
02.03.2025
Dutch group Versuni, which includes Philips and Saeco brands in its portfolio, boosted Romania sales by over 10% in 2024. more
-
Belgium’s Habitex Lays Off over 240 Employees in Romania
02.03.2025
Three companies part of Belgian group Habitex, all headquartered in Maramures county, have collectively laid off 241 employees. more
-
Renaissance Public Service Aims to Double Turnover in Next Two Years to Over RON400M
02.03.2025
Renaissance Public Service, Romania’s only TV set manufacturer, wants to double its business in the next two years, to over RON400 million. more
-
Generali Keeps Eye on Any Acquisition Opportunity in Romania
02.03.2025
Generali, Italy’s largest insurer and one of Europe’s top three, is closely monitoring any opportunity of growing Romania operations via... more
-
Update: Seller In eMAG/HeyBlu – Orange Money IFN SA Deal Is Orange Romania
01.31.2025
eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main... more
-
Romania, Georgia, Hungary And Azerbaijan Set Up Company To Implement Green Energy Corridor
01.31.2025
State-run grid company Transelectrica (TEL.RO) on Friday notified investors about the registration with the Trade Register Office of a joint... more
-
Fondul Proprietatea Starts Buyback Program For A Maximum Number Of 320 Million Shares On Feb. 3
01.31.2025
Fondul Proprietatea (stock symbol: FP) has announced in a stock market report on Jan. 31 that the next buyback program refers to the acquisition of... more
-
eMAG And HeyBlu Announce Acquisition Of Orange Money
01.31.2025
Romanian online retail group eMAG together with its financial services subsidiary HeyBlu have acquired 100% of the shares of Orange Money, eMAG has... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
more
Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
more
Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
more
Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
more
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
more
Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
more
Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
more
Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.