Central Bank: Romania's Current Account Deficit Skyrockets To EUR10B YoY In January-April 2025
06.13.2025
Romania's current account deficit surged to EUR10.1 billion in January-April 2025, compared to the EUR6.28 billion level reported in the same period of 2024, central bank data showed on Friday (June 13, 2025).
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Network One Distribution Heads Toward RON3B Turnover 06.10.2025
Network One Distribution (NOD), the largest player on Romania IT&C equipment distribution, controlled by Iulian Stanciu, one of the most powerful... more
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Samsung Electronics Romania Profitability Under Pressure in 2024 06.10.2025
The profitability of Samsung Electronics Romania was under pressure last year, though the company’s turnover continued to grow. more
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Germany’s DEHN Starts Building Plant in CTPark Pitesti 06.10.2025
German group DEHN, specializing in lightning and surge protection solutions and safety equipment, will officially start building new production... more
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Mairon Galati 2024 Turnover Drops 57% To RON804M 06.10.2025
Mairon Galati, controlled by Miron family, ended 2024 with RON804 million turnover, down 57% from RON1.87 billion in 2023, in line with Finance... more
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2024, Most Profitable Year for Romania Insurers 06.10.2025
Romania insurance market had the most profitable year in 2024, with a 50% increase against 2023, to over RON1.4 billion, after three years of... more
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US Oracle Sees More Than RON1.6B Revenue Via Its Three Companies In Romania In 2024 06.06.2025
The three entities the US IT giant Oracle has in Romania – Oracle Romania SRL, Oracle Global Services Romania SRL and Oracle Sovereign Cloud... more
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BCR Owner Erste Group Revises Romania’s 2025 Economic Growth Forecast Downwards From 1.8% To 1.3% 06.06.2025
Erste Group, which owns BCR in Romania, has revised its economic growth forecast for Romania downwards from 1.8% to 1.3% in 2025, considering the... more
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Statistical Office: Romania Retail Sales Tick Up 0.4% YoY In April 2025 06.06.2025
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 0.4% in unadjusted data and by 3.1% when adjusted... more
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Statistical Office: Romania's Economy Inches 0.3% Higher In Q1/2025 vs Q1/2024 06.06.2025
Romania's economy edged 0.3% higher in unadjusted data and 0.6% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to... more
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Bucharest Tribunal Orders Lion Capital to Change Name 06.06.2025
The Bucharest Tribunal decided for alternative investment fund Lion Capital to change its name in the wake of an action filed by the claimant Lion... more
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Genesis Property: Almost Half of Employees Would Want 4-Day Workweek 06.06.2025
Almost 47% of employees would want the four-day workweek and more than half want to come at least 3-4 days at the office, for leisure and social... more
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Prodlacta 2024 Turnover Up 19%, Profit Halves 06.06.2025
After a difficult 2023, when it verged on insolvency and exited the ranking of Romania 10 largest dairy producers, Brasov-based Prodlacta in 2024... more
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Ziar Top de Arges: Dacia Announces New Voluntary Layoff Program 06.05.2025
Automobile Dacia has announced a new voluntary layoff program, starting July 1, through agreeable termination of the employment contracts. more
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Philip Morris Romania Appoints Carmina Fusté Managing Director As Of June 1 06.05.2025
Philip Morris International (PMI) has appointed Carmina Fusté managing director of Philip Morris Romania, replacing Mircea Scaunasu as of June 1. more
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Rüdiger Dany To Step Down As NEPI Rockcastle CEO In March 2026 06.05.2025
After four years at the helm of NEPI Rockcastle, Rüdiger Dany, will leave the company in March 2026, leaving behind a time of fast-paced growth in... more
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Ipsos Interactive Services To Relocate Its Bucharest HQ To Business Garden Bucharest 06.05.2025
Ipsos Interactive Services, the subsidiary of one of the world’s leading market research and opinion polling companies, will relocate its... more
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Gura Portitei Resort Reopens Following EUR10M Renovation Works 06.05.2025
Gura Portitei Resort, located between the Danube Delta and the Black Sea, officially reopens following renovation works that engulfed EUR10 million. more
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Patria Bank Borrows EUR8M From European Fund for Southeast Europe To Support Small Businesses In Romania 06.05.2025
The European Fund for Southeast Europe (EFSE) has granted a EUR8 million Basel III-compliant Tier 2 Capital subordinated loan to Patria Bank (stock... more
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Antibiotice Iasi To Supply 7 million Vials Of Injectable Antibiotics To Hospitals In the UK Over Next Two Years 06.05.2025
State-owned pharmaceutical producer Antibiotice Iasi (ATB.RO) has announced in a stock market report on June 5 that it recently won the 5th tender... more
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Finance Ministry Raises RON595 From Banks On June 5 06.05.2025
Romania's Finance Ministry raised RON595 million from banks on Thursday (June 5), selling benchmark bonds, at an annual average yield of 7.54%. 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.