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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Builder Viarom Budgets 25% Growth In Revenue To RON330M In 2025
01.23.2025
Viarom Construct, owned by Marius Daniel Badina, has budgeted RON330 million (EUR66.3 million) revenue for this year, up 25% from last year,... more
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Delgaz Grid Expands Natural Gas Network In Wake Of RON16.5M Investment In 2024
01.23.2025
Distribution company Delgaz Grid, part of the E.ON group in Romania, expanded the natural gas distribution network in 10 localities in the counties... more
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MedLife Founders Sell RON5.8M Worth Of Company Shares
01.23.2025
Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Jan. 23 that Mihai Marcu and Nicolae Marcu, the... more
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Real Estate Developer Zacaria Starts On Its Retail Park In Cisnadie
01.23.2025
Real estate developer Zacaria, part of international Alf Mizzi & Sons group established in Malta, is starting work on its first retail park, in... more
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Statistical Office: Romania Manufacturing Industry Orders Down 7.4% On The Month In November 2024
01.23.2025
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) decreased by 7.4%, in nominal terms, in... more
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BAT Recognized As Top Employer In Romania And 4 Other Markets In The South Eastern European Area
01.23.2025
British American Tobacco (BAT), the leader of the Romanian tobacco and nicotine products market, is recognized as Top Employer in Romania and 4... more
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Finance Ministry Raises RON1.3B From Banks On Jan. 23
01.23.2025
Romania's Finance Ministry raised RON1.3 billion from banks on Thursday (Jan. 23), selling discount treasury bills (T-bills) due in January 2026,... more
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Losan Depot Leases 3,500 Sqm In CTPark Bucharest North
01.23.2025
Losan Depot, a company active in the field of distribution of materials for the furniture and interior design industry, has leased a space of 3,500... more
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Reserved Replaces Zara In Bucuresti Mall
01.23.2025
Fashion retailer Reserved, held by Poland’s LPP, is opening a store in Bucuresti Mall, in the space vacated by Zara, one of the best-known... more
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Romanian Startup Examin Raises EUR200,000 In Pre-Seed Funding
01.23.2025
Examin, a Romanian startup specializing in AI-powered automation and video analysis, has raised EUR200,000 in pre-seed funding from a private... more
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Statistical Office: Romania's Industrial Sales Down 3.8% On The Month In November 2024
01.23.2025
Romania’s industrial sales (on the domestic and external markets) decreased by 3.8% in nominal terms in November 2024 compared with October... more
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CBRE Assists Rus Savitar in Sale of Timis Furniture Plant to EU Furniture
01.23.2025
Real estate consultancy CBRE Romania assisted Rus Savitar, one of Romania’s leading furniture producers, founded by Rusu family, in the sale of... more
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CFA Romania: Economic Confidence Rose in December, But Remains Extremely Low Amid Uncertainties
01.23.2025
The Macroeconomic Confidence Index of CFA Romania rose in December, by 6.7 points to 38.1 points, but remains at an extremely low level amid high... more
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Ascendia Signs RON14.9M Contract To Supply LIVRESQ Licenses To Private Educational Sector Customer
01.22.2025
Ascendia (ASC.RO), a developer of e-learning solutions for various fields, such as corporate training, healthcare and entertainment, on Wednesday... more
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TechAngels Members Invested Almost EUR3.8M Or 25% More In Tech Startups In 2024
01.22.2025
Business angel network TechAngels, the largest group of private technology investors in Romania, ended 2024 with total investments of EUR3.777... more
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Camelia Ene Appointed CEO Of ROCA Industry
01.22.2025
ROCA Industry (stock symbol: ROC1), a Romanian holding specializing in building materials production, has announced the appointment of Camelia Ene... more
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Uniprest Instal Signs Lease Contract For 3,000 Sqm In ELI Park Iasi
01.22.2025
Uniprest Instal, a wholesaler of heating installations based in Targu-Mures and controlled by Dutch group Rensa, has signed a lease contract for... more
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Colliers: Romania’s Economy Enters 2025 With Positive Long-Term Prospects, But With Significant Challenges Ahead
01.22.2025
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers consultants predict... more
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Monza Ares Invests EUR0.8M In Interventional Cardiology Center At Targu Jiu County Emergency Hospital
01.22.2025
Monza Ares, the largest private network providing specialized cardiology services in Romania, has inaugurated an interventional cardiology center... 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.