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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GELD & REPACO Capital To Open Curtea de Arges Retail Park On April 17
04.14.2025
Geld Capital Management and its subsidiary, Repaco Capital, will be inaugurating the Curtea de Arges Retail Park on April 17. more
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Hagag Development Buys 50% Office And Retail Project In Bucharest From Niro Investment Group
04.14.2025
Real estate developer Hagag Development Europe, held by businessman Yitzhak Hagag, has signed a partnership agreement with investment group Niro... more
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Popeyes To Open Its First Restaurant In Romania's City Of Iasi On April 17
04.14.2025
US restaurant chain Popeyes will be opening its first restaurant in Romania's city of Iasi, in the new shopping center Moldova Mall, on April 17. more
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Holde Agri Invest Eyes RON125M Revenue, RON5M Net Profit In 2025
04.14.2025
Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, targets a significant improvement in financial and operational... more
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Arctic Stream Set to Distribute RON5.92M To Shareholders in 2025
04.14.2025
IT infrastructure and security integrator Arctic Stream has proposed a RON1.4/share dividend to its shareholders, up 75% from the one proposed in... more
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Life in Codes Reaches EUR7M Turnover in 2024, EUR1.2M Generated from Romania
04.14.2025
Life in Codes, Atlassian solution partner and reseller in Romania, ended 2024 with EUR7 million turnover, up over 7% from 2023. Of total turnover,... more
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Mobexpert Relocates Cluj-Napoca Store, Aims to Open another Two Units in 2025
04.14.2025
Mobexpert, a major furniture producer and retailer locally, relocated the Cluj-Napoca store and opened it last week, with the new space having an... more
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Brewer Bermas Ends 2024 with 42% Profit Growth, 11% Higher Revenues YOY
04.14.2025
Brewer Bermad in 2024 posted RON16 million net profit, 41.7% above the 2023 level. Revenues went up by 10.7% to RON46.8 million, while expenses... more
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Autoitalia Likely To Start Chery Imports Locally
04.14.2025
Autoitalia, the importer of Fiat, Jeep, Alfa Romeo and Chinese brand Leapmotor, is likely to also start Chery imports locally, in line with car... more
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Chimcomplex Shareholders Approve Contracting Loans Of Up To EUR60M
04.11.2025
The shareholders of chemical producer Chimcomplex (stock symbol: CRC) have approved on April 11 the "contracting of loans in a maximum amount of... more
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Norofert Signs RON9.4M Contract To Make Liquid Fertilizer For A Distributor In Romania
04.11.2025
Organic fertilizer producer Norofert (NRF.RO) announced on the Bucharest Stock Exchange on Friday evening that it had signed a RON9.4 million... more
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North Business Investments Officially Launches Rental Division NBI Rentals
04.11.2025
Real estate consultant North Bucharest Investments (NBI) has launched a dedicated rental division, NBI Rentals, with a portfolio of over 400... more
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Antitrust Body Looks Into Takeover Of Certain Assets Of Renault Commercial Roumanie By AutoWallis Nyrt. And Salvador Caetano Auto SGPS
04.11.2025
Romania's Competition Council is analyzing the transaction through which AutoWallis Nyrt. and Salvador Caetano Auto SGPS S.A., via NSN RO S.R.L.,... more
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Central Bank: Romania's Current Account Deficit Widens To EUR4.8B YoY In January-February 2025
04.11.2025
Romania's current account deficit stood at EUR4.8 billion in January-February 2025, 84% higher than the EUR2.6 billion level reported in the same... more
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Nofar Energy Signs EPC & O&M Contract For 265 MW Solar Power Plant In Dambovita County
04.11.2025
Israel's group Nofar Energy, one of the most dynamic renewable energy investors in Romania, has signed an EPC (Engineering, Procurement &... more
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Statistical Office: Romania Average Net Salary Up 9.7% YoY In February 2025
04.11.2025
The average net salary in Romania stood at RON5,351 (EUR1,074) in February 2025, higher by 9.7% in nominal terms compared to February 2024 and by... more
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APS Holding Completes Takeover Of IMO Property Investments Bucharest
04.11.2025
APS Holding, a Czechia-based non-performing loan manager, has completed the takeover of real estate company IMO Property Investments Bucharest and... more
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PartnerVet Expands into Cluj
04.11.2025
PartnerVet, a company controlled by Romanian entrepreneur Ferenc Korponay and Dragic family, is expanding its operations into Cluj by acquiring vet... more
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Romania's Annual Inflation Rate At 4.9% In March 2025
04.11.2025
Romania's annual inflation rate stood at 4.9% in March 2025, slightly lower than the 5% rate recorded in January and February 2025, data from the... more
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SVN: Number of Homes Sold in Bucharest in Q1/2025, Down 5.4%
04.11.2025
Home sales in the first quarter of 2025 dropped by 5.4% in Bucharest, while Ilfov county saw a 2.4% increase against the year-earlier period,... 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.