05.26.2025

Romania is in a very good position on the European poultry market, ranking sixth in the EU. Now, it is covering 98% of its own consumption, with a production that steadily increased in the past ten more

05.23.2025

Pharmaceutical company Bioeel posted RON1.2 billion revenue from its pharmaceutical distribution business in Romania in 2024, an increase of about 37% year-on-year, Finance Ministry data show. This is more

05.22.2025

Romania’s public debt continues to climb and is rapidly nearing RON1,000 billion, in the context where it reached RON990.8 billion at the end of February and a weight of 56.3% in GDP, in line with more

05.22.2025

Romania modern stock of retail spaces has reached around 4.7 million square meters, corresponding to a density of 250 square meters/1,000 inhabitants, still one of the lowest both in Europe and in more

05.21.2025

Christian Tour Holding, which includes tour operator Christian 76 Tour, airline AnimaWings and passenger transportation business Memento BUS, posted more than RON1 billion revenue in 2024, an increase more

05.21.2025

The TV set market in Romania grew to more than 1.4 million units or a total of more than EUR415 milion in 2024, as last year had two major sporting events – the Olympic Games in Paris and the more

05.19.2025

The European Commission (EC) has slashed its economic growth forecast for Romania to 1.4% in 2025 from 2.5% estimated in November 2024, the EC said in a report on Monday (May 19). more

05.16.2025

Biodegradable and compostable packaging maker Promateris (PPL.RO), posted RON28 million revenue in the first quarter of 2025, an increase of 16% on the year-ago period, it said in its first quarter more

05.15.2025

Enexus, a company specializing in building medium-sized and large photovoltaic projects with storage facilities, posted about EUR23 million revenue in 2024, 10 times higher than in 2023. more

05.15.2025

Romania's economy edged 0.2% higher in unadjusted data and 0.5% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the same quarter of 2024, flash estimates from the more

05.12.2025

The Foreign Investors Council (FIC) underlines in a press statement the importance of predictable economic policies to ensure a stable and attractive business environment. more

05.12.2025

Italy's Intesa Sanpaolo Group, which operates in Romania via the bank by the same name, as well as via the recently acquired First Bank, ended the first three months of 2025 with net profit of EUR2.6 more

05.12.2025

Hampton by Hilton Hotel in Targu-Mures, opened by the Gogolák family in 2024, expects revenue to reach RON9 million in 2025, up from the RON7 million last year, its officials say. more

05.09.2025

Cluj-Napoca-based IT service provider MHP Consulting Romania, part of the Porsche Group, posted more than RON285 million (EUR57.3 million) revenue in 2024, up 18.4% from the previous year’s RON240.6 more

05.09.2025

Electrica (EL.RO), a major player on the Romanian electricity distribution and supply market, distributed 4,613 GWh of electricity in the first quarter of 2025, an increase of 4.9% compared with the more

05.08.2025

Romania industrial and logistic market had a strong start to the year, with a leased area of almost 260,000 square meters in the first quarter, the equivalent of a 30% increase against the same period more

05.06.2025

Romania pharma market in April 2024-March 2025 reached a total value of RON35.2 billion (EUR7.08 billion), 13.4% higher than in the year-earlier period, in line with Cegedim data. more

05.05.2025

The total volume of leasing activity in the industrial and logistic sector in the first quarter of 2025 reached 204,400 square meters, comparable to 2023 and 2024 record years, with Bucharest more

05.05.2025

Top 10 large banks in 2024 managed to boost their assets against 2023 with growth paces ranging from 1% to 19%, with most boasting asset leaps above inflation. more

04.29.2025

The ebm-papst Romania, the local subsidiary of the global leader in the production of fans and electric motors, aims to double its team to around 1,000 employees in the next five years, its officials more

04.25.2025

Population and company deposits in March 2025 hit a total of RON629 billion, up 7.9% from the same period of 2024 (2.9% in real terms), after local currency deposits rose by 7.3% and foreign currency more

04.25.2025

Romania private lending in March 2025 registered a 9.2% increase from the year-earlier period, to a total amount of RON423 billion, after RON-denominated loans went up by 10.9% and foreign currency more

04.24.2025

The number of Revolut retail customers in Romania increased by 28% to 4.3 million in 2024, Revolut said in a statement. more

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 passengers traveled through Romania’s airports, 8% more more

04.16.2025

Entrepreneurial group Agroland (AG.RO), with retail, agribusiness, food production and animal nutrition operations, has recently announced significant growth in production of feed and eggs sold in the more