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.
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Tinervis Group Sees Turnover Rise 17% To RON617M in 2024
06.17.2025
Tinervis Group, the company that operates pretzel shop chain Luca, controlled by entrepreneur George Adragai, in 2024 posted turnover worth... more
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Dairy Producer Carmo-Lact Prod Reports EUR59M Turnover for 2024, 17.7% Higher YOY
06.17.2025
Carmo-Lact Prod, the Bistrita-Nasaud-based company producing Monor brand, controlled by entrepreneurs Eugen Creosteanu, Ioan Neagos and Alin... more
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Stay Fit Gym Aims to End 2025 with EUR24M Turnover, Up 70% YOY
06.17.2025
Fitness center chain Stay Fit Gym, a leading local player on this market, continues rapid expansion and plans to reach 68 units by yearend, from 53... more
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Romanian Business Consult Sees Revenue Up 20% To EUR47M In 2024
06.16.2025
Romanian Business Consult (RBC), the largest IT solutions integrator for the retail industry in Romania, ended last year with RON235.9 million... more
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Tecno Plast Cugir Expects EUR29M Revenue In 2025
06.16.2025
Tecno Plast Cugir, a manufacturer of plastic components for the automotive and household appliance industries, posted EUR25 million revenue in... more
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Raiffeisen Bank Romania’s VP Of Retail Division Vladimir Kalinov Steps Down
06.16.2025
Vladimir Kalinov, vice president of the Retail Division of Raiffeisen Bank since 2011 will be leaving his position, the bank said in a report to... more
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Fibula Air Travel Plans To Launch Direct Sales Platform In Romania
06.16.2025
Fibula Air Travel, one of the largest tour-operators in Southeastern Europe and leader in Eastern Europe and Switzerland, is expanding its business... more
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AmCham Romania: The Stakes Of Political Negotiations Must Go Beyond Electoral Logic And Personal Egos
06.16.2025
The delay in reaching a political agreement to form a stable government willing to assume the economic and fiscal measures Romania urgently needs... more
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Statistical Office: Romania's Energy Output Down 5% YoY In January-April 2025
06.16.2025
Romania's energy output decreased by an annual 5% in January-April 2025, to 5.917 million tons of oil equivalent (TOE), mostly due to a decline in... more
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Raiffeisen Bank: 8 In 10 Romanians Already Have Plans For 2025 Summer Vacation
06.16.2025
Eight in ten Romanians already have plans for the 2025 summer vacation and most of them prefer the Romanian seaside resorts, according to a recent... more
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Pharmacy Chain Ducfarm Crosses EUR100M Turnover Threshold in 2024, Up 23% YOY
06.16.2025
Pharmacy chain Ducfarm, with 28 units in Ardeal area, hit RON564 million turnover in 2024, after a 23% increase against 2023. more
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Fornetti Romania 2024 Turnover Down around 8% To RON239M
06.16.2025
Fornetti Romania, a leading player on the local pastry market, ended 2024 with RON239 million turnover, down around 8% from the previous year. more
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UNIQA Asigurari and UNIQA Asigurari de Viata End Q1/2025 with overall EUR40.5M Underwritten Premiums
06.16.2025
UNIQA Asigurari and UNIQA Asigurari de Viata, operating in Romania under the umbrella of Austrian group UNIQA, ended the first quarter of 2025 with... more
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Eversted Builds Second Air Filter Plant in Mizil, Prahova
06.16.2025
Ene family of Prahova, which owns Romanian air filter and protection mask manufacturer Eversted, has won an EU fund project for a new, EUR5... more
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Ursus Breweries Set to Invest EUR15M at Buzau Brewery
06.16.2025
Ursus Breweries, the biggest player on Romania beer market, owned by Japan’s Asahi, will invest EUR15 million in the Buzau brewery, Romania’s... more
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Statistical Office: Romania's Industrial Production Down 5.3% YoY In January-April 2025
06.13.2025
Romania's industrial production decreased by 5.3% in January-April 2025 in unadjusted data compared to the same period of 2024 and was down 2.6%... more
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Statistical Office: Romania Unemployment Rate At 6.2% In Q1/2025, Higher By 0.3 PPTs vs Q4/2024
06.13.2025
Romania’s unemployment rate stood at 6.2% in the first quarter of 2025, higher by 0.3 percentage points than the level recorded in the fourth... more
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Central Bank: Romania's Current Account Deficit Skyrockets To EUR10B YoY In January-April 2025
06.13.2025
Romania's current account deficit surged to EUR10.1 billion in January-April 2025, compared to the EUR6.28 billion level reported in the same... more
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Statistical Office: Romania Average Net Salary Up 8.2% YoY In April 2025
06.13.2025
The average net salary in Romania stood at RON5,647 (EUR1,121) in April 2025, higher by 8.2% in nominal terms compared to April 2024 and by 3.2%... more
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Datanet Systems 2024 Turnover Up 23% To over EUR51M
06.13.2025
Datanet Systems, an integrator of complex IT&C solutions and systems and a member of regional group Soitron, ended 2024 with turnover worth above... 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.