OMV Petrom Makes New Natural Gas Discovery in Spineni, Near Craiova
yesterday, 10:17
OMV Petrom has discovered a new natural gas reservoir in Spineni, around 70 km northwest of Craiova.
-
Stonevault Baia Mare 2024 Turnover Up 3.1% YoY To Nearly RON174.6M In 2024 today, 01:31
Stonevault, a Baia Mare-based producer of sofa springs, ended 2024 with a turnover of roughly RON174.6 million (EUR35 million), up 3.1% from a... more
-
Electro Sistem Sees Net Profit Shrink 27% To RON16.6M In 2024 today, 00:01
Electro Sistem, a manufacturer and supplier of electricity control and distribution equipment based in Baia Mare and held by entrepreneurs Stefan... more
-
Mobexpert Opens Second Store This Year, Adds New Area To Its Map After EUR10M Investment yesterday, 23:21
Mobexpert, one of the largest furniture retailers and manufacturers in Romania, has opened a large department store on Theodor Pallady Boulevard in... more
-
Finance Ministry Raises RON3B From Banks Via Two Bond Issues On July 3 yesterday, 16:11
Romania's Finance Ministry raised RON3 billion from banks on Thursday (July 3), selling government paper in two auctions, at annual average yields... more
-
France's Pluxee Signs Agreement To Fully Acquire Romania's MyBenefits yesterday, 15:32
Employee benefits group Pluxee has signed an agreement to acquire 100% of MyBenefits, a fast-growing Romanian company that has developed innovative... more
-
EY Romania Promotes Razvan Ungureanu To Partner Within Tax Advisory Department yesterday, 12:57
EY Romania has promoted Razvan Ungureanu to Partner within the Tax Advisory department, effective July 2025. more
-
Statistical Office: Romania's Industrial Producer Price Index Up 0.9% YoY In May 2025 yesterday, 12:49
Romania’s industrial producer price index (PPI) edged 0.9% higher year-on-year in May 2025, as per data from the country's statistical office INS. more
-
Fitch Rates Electrica’s Upcoming Senior Unsecured Green Notes BBB-(EXP) yesterday, 10:29
Fitch Ratings has assigned Societatea Energetica Electrica S.A.'s (BBB-/Stable) upcoming senior unsecured green notes a 'BBB-(EXP)' expected rating. more
-
Colliers: Good Start to 2025 for Construction Sector, but Slowdown Likely in Coming Period yesterday, 10:10
Romania construction field started 2025 with an 8.5% increase in the first four months from the year-earlier period, with infrastructure works... more
-
Weidmüller Interface România Reports Sevenfold Loss Reduction in 2024 yesterday, 08:34
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, for... more
-
Steel Plant Liberty Galati Revenue Drops To RON2.1B In 2024 yesterday, 00:23
Liberty Galati steel plant ended 2024 with RON2.1 billion revenue, down from RON3.6 billion in 2023, and losses of RON1.6 billion, lower than the... more
-
Morphosis Capital Gets EUR15M From IFC For Its Second Fund 07.02.2025
Morphosis Capital has raised more than EUR100 million for its second investment fund. The money came from NRRP, from EBRD and from a special... more
-
It’s Official: VAT Goes Up To 21%, Dividend Tax Rises From 10% To 16% 07.02.2025
The mix of administrative spending cuts and tax hikes starts with tax hikes. As of August 1, the standard VAT goes up from 19% to 21%, the food VAT... more
-
Stelian Trandafir Takes Over As New CEO Of Accounting Tech Startup Keez 07.02.2025
Digital Keez SRL, the accounting tech startup held by Norway’s IT giant Visma, has announced that Stelian Trandafir has taken over as the... more
-
Romania Tax Regulator Collects RON245B In Net Tax Revenue In 1H/2025, Up 12.2% YoY 07.02.2025
Romania's tax administration ANAF collected RON245 billion in net tax revenue in the first half of 2025, which is 12.2% higher than the level... more
-
Meta Estate Trust Plans To Distribute Dividends With 7% Yield 07.02.2025
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector, proposes the distribution of cash dividends from its 2024... more
-
FintechOS Appoints Sorin Mirea As Vice President Of Commercial For Central and Eastern Europe 07.02.2025
FintechOS, one of the best-known tech startups launched in Romania, has appointed Sorin Mirea to the position of Vice President of Commercial for... more
-
JD Agro Cocora Invests EUR2.5M In Irrigation System For Its Farm In Ialomita 07.02.2025
JD Agro Cocora Group, held by Danish investors through Romania Farm Invest A/S, has invested EUR2.5 million in an irrigation system for 1,000... more
-
eJobs: Four In Ten Romanian Employees Dissatisfied With Their Salaries, Feel Financial Pressure In Their Daily Lives 07.02.2025
A recent survey conducted by eJobs shows that 39% of Romanian employees are not satisfied with their current salary and 52.8% are only somewhat... more
-
Statistical Office: Romania Unemployment Rate Inches Up To 5.8% Month-On-Month In May 2025 07.02.2025
Romania’s unemployment rate stood at 5.8% in May 2025, higher by 0.1 percentage points than the 5.7% level recorded in April 2025, data from the... 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.