Romania Insurance Market Reaches over RON36B Assets in 2024

yesterday, 09:37
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.
-
Government Asks Transelectrica To Distribute At Least 90% Of 2024’s Profit As Dividends
04.09.2025
National power transmission company Transelectrica (TEL.RO) notified the Bucharest Stock Exchange on Wednesday evening that the Government’s... more
-
Dumagas Enters German Market, Aims For EUR20M Revenue
04.09.2025
Dumagas Transport, which was taken over by Omnia Capital two years ago, has entered the international market with a fast-paced expansion to... more
-
TenarisSilcotub Completes USD21.5M Investment In 20 MW Photovoltaic Park For Calarasi Steel Mill
04.09.2025
TenarisSilcotub, the leading Romanian manufacturer of small diameter seamless pipes, has completed construction works on its first renewable energy... more
-
Dedeman To Open New Store In Wake Of EUR15.5M Investment
04.09.2025
Romanian do-it-yourself (DIY) retailer Dedeman, the largest entrepreneurial business on the Romanian market, will be opening a new store, in... more
-
SIGNAL IDUNA Companies End 2024 With Gross Written Premiums Worth Roughly RON424M, Up 16% YoY
04.09.2025
SIGNAL IDUNA companies ended 2024 with a total volume of gross written premiums of nearly RON424 million, up 16% year-over-year, amid the expansion... more
-
Agroland Starts Rebranding Process And Operational Structure Reorganization
04.09.2025
Agroland Business System (AG.RO), a Romanian entrepreneurial retail, agriculture and food group, which owns the largest farm supply store in the... more
-
Bestjobs: Over half Of Romanians Had To Improve Their Skills To Avoid Losing Their Jobs Or To Advance In Their Career
04.09.2025
The pace of change in recent months has accelerated, with a direct impact on the way we work, learn and adapt, therefore, over half of Romanians... more
-
Romania's M&A Market In Q1/2025: 51 Transactions Worth An Estimated USD1B
04.09.2025
Romania's mergers and acquisitions (M&A) market recorded 51 transactions in the first quarter of 2025, with an estimated combined value of USD1... more
-
Statistical Office: Romania’s Trade Deficit Widens 35.1% YoY To EUR5.62B In January- February 2025
04.09.2025
Romania's trade balance posted a deficit of EUR5.62 billion in January-February 2025, higher by 35.1% than the level recorded in the same interval... more
-
Greece’s Fashion Retailer Funky Buddha Opens First Store of Romania, in Bucharest
04.09.2025
Funky Buddha, a fashion retailer owned by Greek group Altex, is opening its first store of Romania, in ParkLake Shopping Center, in mid-April and... more
-
MAGNOR Posts RON165M Consolidated Turnover in 2024, Up 64% YOY; Net Profit Rises 4% To RON13.5M
04.09.2025
MAGNOR, a Romanian-held company specializing in pawnbroking and money exchange services, in 2024 registered consolidated turnover worth RON165... more
-
Farmacia Tei And Bebe Tei End 2024 With RON2.3B Revenue, Continue Expansion In 2025
04.08.2025
The Tei Group, made up of Farmacia Tei and Bebe Tei, one of the most dynamic businesses in Romania, continues its expansion outside Bucharest and... more
-
Morgan Stanley Might Put America House Up For Sale
04.08.2025
Morgan Stanley, the US investor that bought the America House office building in Piata Victoriei of Bucharest together with David Hay, the former... more
-
Developer Redport And Businessman Dan Sucu Team Up For Residential Project Vitality Est
04.08.2025
Real estate developer Redport and businessman Dan Sucu, the founder of Mobexpert furniture business, are launching a 500-apartment residential... more
-
Symmetrica Ends 2024 With RON317M Turnover, Up 22% YoY
04.08.2025
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, held by the Stanciu family,... more
-
Genpact Romania Continues Investment In Iasi By Opening New Delivery Center
04.08.2025
Outsourcing service provider Genpact Romania, the local subsidiary of the Indian group by the same name, continues investment in Iasi by opening a... more
-
UniCredit Bank Signs Synthetic Securitization Deal With EBRD For EUR775M SME And Corporate Loan Portfolio
04.08.2025
UniCredit Bank and the European Bank for Reconstruction and Development (EBRD) have signed a synthetic securitization agreement for a portfolio of... more
-
OMV Petrom Hydrocarbon Output Down 3.8% In Q1/2025 vs Q1/2024
04.08.2025
OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached a total hydrocarbon production of 107.5 thousand barrels of oil... more
-
Brasla, Cloud9 Residence: We're developing 612 apartments in 2nd phase of the project; 3rd phase set to be launched in 2025
04.08.2025
Alfa Group, held by entrepreneur Alin Niculae, is currently building the second phase of the Cloud9 Residence residential project in Bucharest's... more
-
Accor Brings Hotel Brand Handwritten Collection To Romania
04.08.2025
International hotel group Accor announces the introduction of Handwritten Collection brand on the local market. 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.