17 ian 2025

Romania's energy output fell by 4.7% in January-November 2024, to 15.477 million tons of oil equivalent (TOE), compared to the year-earlier period, due to an ongoing decline in hydro and wind power more

17 ian 2025

Romania had the highest annual inflation rate, of 5.5%, among European Union (EU) Member States, in December 2024, data from Eurostat, the bloc's statistical office, showed on Friday (Jan.17). more

17 ian 2025

Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in 2023, relative to the European Union (EU) average, more

16 ian 2025

Romanian state-owned lender CEC Bank has selected Swiss-based banking software specialist Temenos to streamline its retail and corporate core banking systems. more

16 ian 2025

Romania's Finance Ministry raised RON800 million from banks on Thursday (Jan.16), selling government paper in two auctions, at annual average yields of 7.75% and 7.98%, respectively. more

16 ian 2025

Autonom Services, the leading independent player in the Romanian operating lease and rent-a-car markets, will be listing a new bond issue, in the total amount of EUR30 million, at the Bucharest Stock more

16 ian 2025

Romania's Competition Council is assessing the transaction through which Romcim SA intends to take over two Liebherr-type concrete production units, belonging to BCC Agregate Betoane SRL, located in more

16 ian 2025

Artrom Steel Tubes, the Romanian seamless steel tubes producer based in Slatina and Resita, will be acquired by GLGH Steel, a subsidiary of American investment company Great Lakes Global Holdings more

16 ian 2025

The average net salary in Romania increased by 2.3% (+RON120) in nominal terms in November 2024 compared to October 2024, to 5,388 (EUR1,084), data from the country's statistics board INS showed on more

16 ian 2025

An International Monetary Fund (IMF) mission will visit Bucharest February 3-7, 2025, to hold a regular staff visit, reads an IMF press statement. more

15 ian 2025

NXP Semiconductors has secured a EUR1 billion loan from the European Investment Bank (EIB) to advance the company’s research, development, and innovation (RDI) investments across its broad portfolio more

15 ian 2025

Farmland operator Holde Agri Invest (stock symbol: HAI) has contracted a loan worth a total RON5 million from SevenX Ventures, which owns 21.1% of the company's shares and is held by investors Iulian more

15 ian 2025

Terapia Cluj, one of Romania’s major drug makers and part of pharmaceuticals giant Sun Pharma, has finalized the project consisting of a solar power plant located on the company's industrial more

15 ian 2025

Romania's Competition Council has launched an investigation into a possible abuse of dominant position by Octogon Gas & Logistics SRL in the liquefied petroleum gas (LPG) port operations market. more

15 ian 2025

Romania's central bank has decided at its Board meeting on Wednesday (Jan. 15, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

15 ian 2025

Fuel wholesaler JT Grup Oil (stock symbol: GTG) has carried out a total investment of approximately EUR3 million that entailed the acquisition and modernization of the largest tanker ship which was more

15 ian 2025

The Romanian land market totaled around EUR450 million in 2024, which is similar to 2023 level, despite a difficult climate marked by political and economic uncertainty, according to estimates by real more

15 ian 2025

Romania's industrial production decreased by 3.8% in November 2024, in unadjusted data, compared to October 2024, and by 0.6% when adjusted for the number of working days and seasonality, data from more

14 ian 2025

Footwear retailer Benvenuti, majority controlled by local entrepreneur Dan Pavel, expects its 2025 turnover to hold at least at the 2024 level when it neared the RON200 million (EUR40 million) more

14 ian 2025

Sales of houses and apartments increased by 7.6% in Bucharest-Ilfov region and by 6.6% across Romania, in 2024 compared to 2023, according to data from the National Agency for Cadaster and Real Estate more

14 ian 2025

In December 2024, 18.7% more homes were sold in capital city Bucharest than in November 2024, namely, a total 5,136 properties, compared to 4,326 units bought in the penultimate month of 2024, more

14 ian 2025

OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached total hydrocarbon production of 107.2 thousand barrels of oil equivalent per day, in the fourth quarter of 2024, more

14 ian 2025

Law firm PeliPartners announces a series of promotions within the team, recognizing the expertise, dedication and collaboration that define the firm's organizational culture. Six lawyers have been more

14 ian 2025

Finland's Wolt has completed the acquisition of Tazz, one of the leading delivery platforms in Romania, from eMAG, which marks Wolt’s entry into the Romanian market. more

14 ian 2025

Real estate developer Genesis Property, founded by Romanian entrepreneur Liviu Tudor, announces the appointment of Flavia Schoech as Chief Operating Officer (COO) more