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.
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Tchibo Brands Romania Relocates To Business Garden Bucharest
04.24.2025
Vastint Romania, part of the VASTINT Group, an international business with more than 35 years of experience in real estate, has signed a new lease... more
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Posta Romana Leases 5,000 Sqm In CTPark Bucharest
04.24.2025
CTP, the largest listed developer, owner and manager of industrial and logistics space by gross lettable area (GLA) in Europe, has signed a new... more
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Number Of Revolut Retail Customers Up 28% To 4.3M In Romania In 2024
04.24.2025
The number of Revolut retail customers in Romania increased by 28% to 4.3 million in 2024, Revolut said in a statement. more
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Romania’s Real Estate Market Starts 2025 With Almost EUR170M Investments
04.24.2025
Romania’s real estate market had a good start of the year, with a total investment of EUR169 million in the first quarter, real estate consultant... more
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Investors Announce 1,000 New Hotel Rooms in Bucharest in Next Two Years
04.24.2025
Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and... more
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Law Firm Schoenherr Assisted Eurobank in Sale of IMO Property Investments Bucharest to APS Group
04.24.2025
Law firm Schoenherr has assisted Greek group Eurobank in completing the deal with APS Group for the sale of IMO Property Investments Bucharest. more
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China’s Tineco Aims to Become Leader of Romania Smart Vertical Vacuum Cleaner Market in Next 3 Years
04.24.2025
Tineco, the Chinese brand mainly known for its smart cleaning devices, wants to become the leader of Romania’s vertical wet vacuum cleaner... more
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Delgaz Grid Invests EUR4.3M in Maramures Gas Network Upgrades
04.24.2025
Distribution company Delgaz Grid, part of E.ON Romania group, has for 2025 budgeted investments of over RON21 million (EUR4.3 million) to modernize... more
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Dutch Group Envipco Opens Engineering Center in Liberty Technology Park of Cluj-Napoca
04.24.2025
Dutch company Envipco, a producer of equipment for the selective collection of beverage packaging, has opened an engineering center in Liberty... more
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Transavia Sees 2024 Profit Rise 33% To RON277M YOY
04.24.2025
Transavia, a major poultry manufacturer locally, ended 2024 with RON1.115 billion turnover, up over 10% from 2023. The company’s net profit hit... more
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Constructii Erbasu Aims to Build Hotels in Eight Cities of Romania
04.24.2025
Constructii Erbasu group, controlled by Erbasu family, plans to develop hotels in eight cities of Romania, including Bucharest, Oradea and... more
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Romania Hotels Boast Region’s Highest Occupancy Rate
04.24.2025
While Romania’s infrastructure is less developed compared with other countries’ and the country has fewer tourists, the hotel business here... more
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Motorola Mobility Romania Ends 2024 with EUR60M Revenues, Up around 20% YOY
04.24.2025
Motorola Mobility Romania, part of Chinese group Lenovo, in 2024 registered EUR60 million sales in Romania, up around 20% from 2023. more
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Brewer URBB Losses Down From RON13.8M To RON1.5M In 2024
04.23.2025
United Romanian Breweries Bereprod (URBB), the maker of the Tuborg beer, ended 2024 with RON681 milion (some EUR137 milion) revenue, an increase of... more
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NN Pensii Now Owns More Than 10% In Premier Energy
04.23.2025
Premier Energy, (PE.RO), a supplier and distributor of electricity and natural gas, has announced that the NN-managed pension funds reached a 10.7%... more
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Ebm-papst Automotive & Drives Romania Inaugurates EUR30M Investment In Oradea On April 29
04.23.2025
Ebm-papst Automotive & Drives Romania, present on the Romanian market since 2017, where it has a factory in Oradea, is betting on further local... more
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TeraPlast Completes Acquisition Of Aquatica Experience Group
04.23.2025
Construction material producer TeraPlast SA (TRP.RO) has notified the Bucharest Stock Exchange of having completed the acquisition of the majority... more
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Popeyes Opens New Restaurant in Bucharest, Reaches Seven Units in Capital City
04.23.2025
US restaurant chain Popeyes will open a new unit in May in Bucharest, in shopping center Mega Mall, and will reach seven units in the capital city. more
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evoMAG Eyes International Expansion via Listing on Greece’s Skroutz, Aims to Cement Footprint on Romania Marketplaces
04.23.2025
The marketplace is becoming an increasingly important growth engine for evoMAG, generating around 15% of the company’s overall sales. The weight... more
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DVI Production Invests EUR40M in Mures BCA Plant
04.23.2025
DVI Production, a company that owns Fortem brand, is set to open in Iernut, Mures county, a BCA (autoclaved cellular concrete) plant with a... 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
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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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.