Romania Insurance Market Reaches over RON36B Assets in 2024

today, 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.
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GapMinder VC Wants to Invest around EUR10M in 5-6 New Companies in 2025
04.23.2025
GapMinder VC, one of the largest venture capital funds focused on investments in tech startups of Romania and other Eastern Europe countries, aims... more
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5.6 Million Passengers Passed Through Romania’s Airports In Q1, 2025
04.22.2025
Air traffic increased in the first quarter of 2025 compared with the year-ago period. In the first three months of this year, 5.6 million... more
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Hungary’s Train Europe Buys Petroutilaj-3DRD In Romania
04.22.2025
French-held Chemins de Fer Départementaux (CFD) has sold 76% in Petroutilaj-3DRD, a Romanian company with a long history in the local railway... more
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Garanti BBVA Romania Posts Higher Net Income, Lower Net Profit In 2024
04.22.2025
Garanti BBVA Bank Romania posted RON654 million net income in 2024, an increase of 28.6% on the previous year, as both loans and deposits increased. more
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Competition Council Greenlights Altex’s Acquisition Of Brico Dépôt
04.22.2025
The Competition Council has authorized the deal whereby Altex Romania bought the local operations of DIY retailer Brico Depot from UK’s... more
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Tema Energy: Data Center Market In Romania Is In ‘Gain Momentum’ Phase
04.22.2025
The Romanian data center market is witnessing significant growth, with lots of construction and expansion projects and a lot of interest from... more
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4finance Enters Definitive Agreement for Sale of TBI Bank to Advent
04.22.2025
4finance Holding S.A. has sealed a definitive agreement for the sale of TBI Bank EAD to Advent International, a leading global private equity... more
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New Home 2025 Scheme Becomes Operational
04.22.2025
The New Home 2025 program has become operational, with the RON500 million guarantee ceiling approved by the Finance Ministry being allocated to the... more
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BICO Industries Wants to Build Non-Woven Fiberglass Production Unit in over EUR7.5M Investment
04.22.2025
BICO Industries, a building materials manufacturer controlled by ROCA Industry holding with 60%, has signed a financing contract with the... more
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One United Properties Reports EUR45.1M Residential Sales and Pre-Sales for Q1/2025
04.22.2025
Real estate developer One United Properties reported EUR45.1 million worth of sales and pre-sales in Q1/2025, after the sale and pre-sale of 146... more
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Statistics Board: Employment Rate for Working Age Population at 63.8% in 2024, Up 0.8% YOY
04.22.2025
Romania at the end of 2024 had a working population (15-64 years) of 8.3 million persons, with the employment rate standing at 63.8%, 0.8% higher... more
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Tudor Personal Tailor Aims to Add Women’s Items to Portfolio, Open Franchise in Germany
04.22.2025
Tudor Personal Tailer, specializing in the production of men’s made to measure suits, plans to add women’s items to its current portfolio. more
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UAMT Oradea Enters Preventive Composition Procedure
04.17.2025
Automotive component manufacturer UAMT Oradea (UAM.RO), has announced entry into a preventive composition procedure to avoid insolvency. more
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Restart Energy Announces Start Of Preventive Composition Procedure
04.17.2025
Electricity supplier Restart Energy One SA on Thursday notified the Bucharest Stock Exchange about the start of the preventive composition procedure. more
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Simtel Team Gets RON141M Financing From Banca Transilvania For 52 MWp Project in Giurgiu
04.17.2025
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL) has informed shareholders in a stock market report on April 17 about the... more
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Statistical Office: Romania's Industrial Sales Down 1.2% YoY In January-February 2025
04.17.2025
Romania’s industrial sales decreased by 1.2% year-on-year in January-February 2025 due to a 1.9% annual decline in manufacturing sector sales,... more
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Slovak Eyewear Retailer Eyerim Expects EUR21M Sales In Romania In 2025
04.17.2025
EYERIM, one of the most dynamic optical retailers in Central and Eastern Europe, anticipates sales of EUR21 million in Romania in 2025, as the... more
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Premier Restaurants Romania Opens New McDonald’s Restaurant In Mall Moldova In Wake Of RON4.5M Investment
04.17.2025
Premier Restaurants Romania, the operator of the McDonald’s restaurants in the country, is inaugurating its fifth restaurant in the city of Iasi,... more
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Sphera Franchise Group Opens Its Third KFC Restaurant In Iasi In Wake Of EUR600,000 Investment
04.17.2025
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market... more
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Statistical Office: Romania Manufacturing Industry Orders Down 1.8% YoY In January-February 2025
04.17.2025
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets), fell by 1.8%, in nominal terms,... 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.