Statistical Office: Romania’s Trade Deficit Widens 27% YoY To EUR8.45B In January-March 2025

yesterday, 12:35
Romania's trade balance posted a deficit of EUR8.45 billion in January-March 2025, higher by 27% than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Monday (May 12).
-
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... more
-
Fox Com Serv 2024 Turnover Up 10% YOY To RON527M
05.02.2025
Fox Com Serv, the largest company part of food industry group Fox, in 2024 registered RON527 million turnover, up 10% from 2023. The company’s... more
-
Fremman Capital Buys Amethyst Clinic Network
05.01.2025
London-based investment firm Fremman Capital, with European offices, has entered into a definitive agreement to acquire Amethyst, a provider of... more
-
Alpin Resort Hotel In Poiana Brasov Sees Revenue Up 5% To RON73M In 2024
04.30.2025
Alpin 2003, which manages the Alpin Resort Hotel complex, one of the largest in the Poiana Brasov resort, ended 2024 with RON73 million revenue,... more
-
NN Group Increases Stake In Electrica To 10.08%
04.30.2025
Electrica (EL.RO), a major actor on the electricity supply and distribution market in Romania, on Wednesday notified the Bucharest Stock Exchange... more
-
Transport Trade Services Shareholders Approve RON28M Dividends From 2024 Profit
04.30.2025
Danube freight carrier Transport Trade Services (TTS.RO) has announced that its shareholders decided during the general meeting on April 30 to... more
-
JT Grup Oil's 2024 Net Profit Surges 79% YoY To RON10.3M
04.30.2025
Fuel wholesaler JT Grup Oil, listed at the Bucharest Stock Exchange, ended 2024 with a turnover of RON229 million, up 2.4% year-over-year, backed... more
-
Corden BioChem Buys Decommissioned Clariant Bioethanol Plant In Romania
04.30.2025
Corden BioChem, a German industrial biotechnology company, announces a strategic investment in Romania, by buying the decommissioned Clariant... more
-
Forvis Mazars: 8 In 10 Company Execs In Romania Plan To Expand Their Businesses Abroad In Next Five Years
04.30.2025
Forvis Mazars Group, the international audit, tax and advisory services partnership, recently revealed the results of its latest C-suite barometer. more
-
Businessman Ionut Negoita Sells Apartments From HILS Residential Projects To Meta Estate Trust For EUR4M
04.30.2025
Meta Estate Trust, a holding company operating in the real estate sector, announces investments of nearly 4 million euros in four residential... more
-
Etiq AI Raises EUR900,000 In Seed Funding Led By GapMinder VC
04.30.2025
Etiq AI, the female-founded AI-startup based in London, UK, has announced it has raised EUR900,000 in seed funding led by GapMinder VC, following... more
-
Deloitte: 66% Of Companies See Lack Of Experience Of New Employees As Main Cause Of Failure
04.30.2025
Two-thirds (66 percent) of company representatives say that recently hired employees were not fully prepared for the roles they fill, and lack of... more
-
Statistical Office: Romania Housing Permits Up 2.8% YoY In Q1/2025
04.30.2025
Romanian authorities issued 7,630 residential building permits in the first quarter of 2025, 2.8% more than in the same period of 2024, data from... more
-
Dentons Promotes Four Lawyers In Bucharest To Counsel
04.30.2025
Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza... more
-
Law Firm Filip & Company Assisted BT Pensii in Takeover of BRD Medio
04.30.2025
Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is... more
-
BCR Group 1Q/2025 Net Profit Rises 19.8% YOY To RON742M
04.30.2025
BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved... more
-
Purcari Wants to Distribute Dividends with 4.2% Yield
04.30.2025
Winemaker Purcari wants to distribute to investors a dividend of RON0.65/share. more
-
BRD Ends 1Q/2025 with RON350M Net Profit, Up 7% YOY
04.30.2025
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier... more
-
OMV Petrom 1Q/2025 Sales Up 5% YOY To RON9B. Net Profit Drops 24% To RON1B
04.30.2025
OMV Petrom, Romania’s sole oil and gas producer, for the first quarter of 2025 reported RON9 billion sales, up 5% from the year-earlier period,... more
-
Polipol 2024 Turnover Down 10.7% To RON158.7M
04.30.2025
Upholstered furniture maker Polipol, owned by the German group of the same name, for 2024 reported turnover worth RON158.7 million (EUR31.9... 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.