02.07.2024

Romania will register economic growth of around 3% in 2024, followed by 3.5% in 2025, but in parallel public finances will continue to deteriorate, becoming a reason of concern, with deficits of more

02.01.2024

Romanian tea producer Kalpo, which has been selling teas made in Buzau under the Vedda brand for more than three decades, posted 8% increase in revenue in 2023 compared with the previous year. more

01.31.2024

Travel agency Aerotravel, one of the largest in Romania, ended last year with gross sales of RON180 million, an increase of 28% on the previous year, its officials say. more

01.30.2024

Flanco, the second largest actor in Romanian computer and electronics retail, achieved record sales of RON1.275 billion last year, 20% higher than in 2022. more

01.29.2024

Boglar Champ, which cultivates mushrooms in the village of Nusfalau, Salaj County, ended last year with RON134 million (EUR27 million) revenue, up 20% on the previous year, and estimates a more

01.23.2024

Patristrans VT Logistic in Apahida, Cluj County, a company that transports general freight by road, ended last year with RON50 million (about EUR10 million) revenue, up 10% from the previous year and more

01.22.2024

Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35% growth this year, its officials say. more

01.15.2024

A KPMG report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025. more

01.12.2024

Romania's statistics board INS on Friday (January 12) confirmed the data regarding the country's economic growth in the third quarter of 2023, at 1.1%, and in the first nine months of 2023, at 1.4%, more

01.11.2024

KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global more

01.10.2024

The World Bank has revised its projection for Romania's economic growth downwards to 1.8% for 2023 and to 3.3% for 2024, respectively, according to January 2024 edition of the World Bank's Global more

01.08.2024

iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy. more

01.04.2024

2023 air traffic neared the 2019 level. The number of flights in 2023 was just 0.3% lower than in 2019, in line with Eurocontrol data, which shows air traffic is similar to the pre-pandemic level. more

12.27.2023

Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec 27). more

12.21.2023

The four-star hotel Cismigiu in Bucharest, one of the city's landmark buildings, controlled by the Spanish Hercesa, will end this year with EUR1.9 million revenue, higher than in 2019, the benchmark more

12.20.2023

Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-November, with a volume of 133,238 units, up 14% from the year-earlier period. more

12.18.2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, will end this year with more than RON500 million (EUR100 million) revenue, more than more

12.18.2023

The year 2023 was a year of consolidation and maturity for Kaufland Romania, when the retailer continued to expand fast, by opening 13 new hypermarkets, says Valer Hancas, communication and corporate more

12.15.2023

Romania’s IPO market continues to grow despite a challenging global environment for stock listings and the outlooks remain upbeat, after in 2023 the market capitalization of companies listed at the more

12.13.2023

Integrated meat and meat products producer Ferma Zootehnica, controlled by the Lazar family from Baia Mare, posted EUR43 million revenue in the first ten months of this year, up 14% compared with the more

12.13.2023

FAN Courier, the leader of the parcel delivery market in Romania, saw its revenue go up 15% to RON1.25 billion this year. The growth is because of the growth of online sales, of the investments the more

12.07.2023

Bookstore chain Carturesti expects to end this year with 20% higher revenue, as sales went up and the network expanded with stores to several cities in the country. more

12.07.2023

Romania's economy grew by 1.4% in real terms (in unadjusted data) and by 2.2% in seasonally adjusted data, year-over-year in the first nine months of 2023, provisional (1) estimates from the country's more

12.07.2023

Dairy manufacturer Artesana based in Tecuci, Galati county, aims for 50% annual turnover growth in the following years, after having completed the over EUR6 million investment in its second plant in more

12.06.2023

Constanta harbor in 2022 posted the third biggest increase at a European level in terms of the volume of handled freight, with a 15% plus, only behind Poland’s Gdansk (plus 40%) and Spain’s more