12 mar 2024

The Organization for Economic Co-operation and Development (OECD) is expecting Romania’s GDP to grow by 3.1% in 2024 and by 3.3% in 2025, up from 2% in 2023, according to the latest OECD Economic more

12 mar 2024

A total 21,461 housing units were put into use in Romania in the fourth quarter of 2023, 923 more units than in the same period of 2022, provisional data from the country’s statistics board INS more

12 mar 2024

Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12). more

12 mar 2024

Dermatologist Lucian Russu has invested EUR500,000, from own funds, in the Bioderm clinic in Saftica (Ilfov County) and has turned it into a dermatology day care hospital. more

12 mar 2024

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stayed at 6.08% a year on March 11, after more

12 mar 2024

Cosmetics producer Farmec Cluj has opened a new store under the Gerovital brand within the VIVO! Shopping Center in Cluj, thus reaching a total 28 units across Romania. more

12 mar 2024

Oil drilling company Foraj Sonde Videle (FOJE.RO) on Monday (March 11) announced the signing of a contract worth RON44.9 million with Romanian state-run natural gas producer and supplier Romgaz more

11 mar 2024

Euro Vial Residence, one of the leading developers active on the regional real estate market in the city of Constanta (south-eastern Romania), has bought a six-hectare plot of land located in the more

11 mar 2024

CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has announced the appointment of Andrei Brînzea to the position of more

11 mar 2024

Romania's Finance Ministry raised RON1.3 billion from banks on Monday (March 11), selling government paper in two auctions, at annual average yields of 6.05% and 6.60%, respectively. more

11 mar 2024

Marius Cara is the new resident representative of the European Investment Bank (EIB) Group in Romania. more

11 mar 2024

Romania's trade balance posted a deficit of EUR1.95 billion in January 2024, lower by EUR359 million (-15.5%) compared to January 2023, data from the country's statistics board INS showed on Monday more

11 mar 2024

ROCA Industry, Romania’s first building materials holding company, owned by ROCA Investments, debuted today, March 11, on the Regulated Market of the Bucharest Stock Exchange under the stock symbol more

9 mar 2024

Real estate developer Impact Developer & Contractor (IMP.RO) has obtained a loan worth RON19.5 million through the branch RCTI Company, as per a report published at the Bucharest Stock Exchange on more

8 mar 2024

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the general turnaround of the Petromidia refinery, scheduled for the period March 8 – April 26, an more

8 mar 2024

Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the country's more

8 mar 2024

OTP Bank Romania recorded consolidated net profit of RON262 million in 2023, seven times higher than the level reported in 2022,as per the report published in Budapest, which presents the bank's more

8 mar 2024

Romania was among the top beneficiaries of the European Investment Bank (EIB) Group's support in 2023 relative to the size of its economy, considering that new financing committed in 2023 reached a more

8 mar 2024

Romania’s biggest energy producer, Hidroelectrica, has announced the completion of repair and maintenance works on its hydropower plant in Costisa (Neamt County), following a total investment of more

8 mar 2024

The salary gap between women and men continues to be high in Romania, namely 21.6% in favor of men, reveals the “Equal Pay Gender” analysis, carried out by PwC Romania based on the data collected more

8 mar 2024

The Ministry of Finance (MF) attracted RON843.9 million and EUR190.5 million (values totaling RON1.8 billion – EUR360.3 million), through the first primary offer for the sale of government bonds for more

8 mar 2024

Investment fund Fortech Investments will finance local medtech startup Rayscape (formerly known as Xvision) with EUR500,000, as per an announcement on LinkendIN, a business and employment-focused more

8 mar 2024

Romanian cosmetics brand Cupio, launched by entrepreneurs Raluca and Razvan Stefanescu in 2012, ended 2023 with a turnover of over RON104 million (EUR21 million) at a group level and with a national more

8 mar 2024

The first luxury hotel under the Mondrian brand is due to open until 2026 in downtown Bucharest, near the Romanian Athenaeum, following a partnership between real estate developer One United more

8 mar 2024

Group of firms Maviprod-IRUM, owned by the Oltean family of Reghin, ended 2023 with a turnover of EUR55.9 million and targets a 5% increase in 2024. more