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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Fidelis Government Bonds Worth Over RON1.3B Debut On Bucharest Stock Exchange
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Romania's finance ministry has attracted almost RON838 million and EUR101 million, respectively, (values totaling over RON1.3 billion –... more
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US Investors, Most Active Buyers on Romania M&A Market in Each of Past 5 Years
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The biggest number of local deals had US investors as buyers during the 2020-2024 period, in line with EY data. more
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Electrogrup Cluj Ends 2024 with over RON1B Turnover
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Electrogrup of Cluj-Napoca, a member of E-INFRA group, in 2024 posted turnover worth RON1.046 billion (around EUR210.3 million), down 2.9% from... more
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Quehenberger 2024 Profit Falls 28% in 2024 YOY To RON15.7M
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Quehenberger Logistics Rou, a major player on the transport and logistics market, for 2024 reported turnover of almost RON363,8 million (EUR73,1... more
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Kitchen Shop Launches Online Store in Europe, Set to Open Two Units in Bulgaria
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Cooking equipment retailer Kitchen Shop has expanded its activity abroad by launching an online store on Europe market. The business was already... more
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BCR Plans To Distribute RON1.4B Dividends
04.17.2025
BCR, the second-largest bank on the Romanian market by assets, made a non-consolidated net profit of RON2.8 billion in 2024, 50% of which should go... more
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Agroland Feed Production Doubles, Egg Production Up 37% In Q1, 2025
04.16.2025
Entrepreneurial group Agroland (AG.RO), with retail, agribusiness, food production and animal nutrition operations, has recently announced... more
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PartnerVet Buys Veterinary Clinic Animal Care Center In Constanta
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PartnerVet group, held by Romanian entrepreneur Ferenc Korponay and the Dragic family, announces integration of verterinary clinic Animal Care... more
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Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.1%, In March 2025
04.16.2025
Romania posted the highest annual inflation rate, of 5.1%, among European Union (EU) Member States, in March 2025, data from Eurostat, the bloc's... more
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Cargus Survey: Romanians Shop Online For Gadgets And Toys Instead Of Traditional New Clothes For Easter
04.16.2025
In 2025, the online shopping basket for Easter looks different as consumer preferences continue to shift towards digital and practical products. more
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Dumitru Chisalita Appointed Chairman of Romgaz's Board of Directors
04.16.2025
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has appointed Dumitru Chisalita as new Chairman of the Board of... more
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OMV Petrom And CE Oltenia Sign Four Execution Contracts For Photovoltaic Projects, Total Investment Tops EUR400M
04.16.2025
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), announces... more
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Law Firm Filip & Company Promotes Two Counsels And Four Senior Associates
04.16.2025
Law firm Filip & Company announces that it has promoted Andreea Banică (Mergers and acquisitions) and Alin Grapa (Dispute resolution) to counsel,... more
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Wine Maker Crama Domeniile Davidescu Eyes 25% Annual Increase In 2025 Turnover To Over RON17M
04.16.2025
Domeniile Davidescu, a wine business based in the Republic of Moldova, targets a a turnover of over RON17 million in 2025, which would mean a 25%... more
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Cushman & Wakefield Echinox Provides Strategic Consultancy for Mall Moldova Project Developed by Prime Kapital
04.16.2025
The retail team of Cushman & Wakefield Echinox provided strategic consultancy for Prime Kapital, the developer of the Mall Moldova Iasi... more
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Romcim Completes Acquisition of Two Concrete Stations from BCC Agregate Betoane SRL
04.16.2025
Cement manufacturer Romcim, owned by Irelands’ CRH, has completed the acquisition of two concrete stations from BCC Agregate Betoane SRL, located... more
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Romania Car Output Downturn Continues in Q1/2025
04.16.2025
Romania car production in the first three months of 2025 declined by 11.2% from the year-earlier period, to a total of 135,723 units, of which... more
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Alpha Bank: Romania Had Highest Weight of Emigrants among EU States in 2024, But also One of the Highest Remittance-to-GDP Ratios in 2023
04.16.2025
Romania in 2024 had the highest weight of emigrants among EU states, with 24% of the country’s population (4.6 million people) living abroad, but... more
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Sierra Quadrant: One in Four Companies Entered “Zombie” Area in Q1/2025
04.16.2025
The number of companies that are struggling and generating problems along economic chains continues to rise, and after the first quarter of 2025... more
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Tudor. Personal Tailor Wants to List on the Bourse to Go Abroad
04.16.2025
Entrepreneurial company Tudor. Personal Tailor, specializing in the production of men’s made to measure suits, plans to get funding on the... 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.