10 apr 2025

Romania’s statistical office INS has downwardly revised the country’s economic growth for 2024 at a mere 0.8%, in real terms, against 2023, which is lower by 0.1 percentage points in INS's more

9 apr 2025

TenarisSilcotub, the leading Romanian manufacturer of small diameter seamless pipes, has completed construction works on its first renewable energy facility, namely, a 20 MW photovoltaic park for its more

9 apr 2025

Romanian do-it-yourself (DIY) retailer Dedeman, the largest entrepreneurial business on the Romanian market, will be opening a new store, in Romania's southern town of Alexandria (Teleorman County), more

9 apr 2025

The pace of change in recent months has accelerated, with a direct impact on the way we work, learn and adapt, therefore, over half of Romanians (58%) say they had to improve their skills either to more

9 apr 2025

SIGNAL IDUNA companies ended 2024 with a total volume of gross written premiums of nearly RON424 million, up 16% year-over-year, amid the expansion of the portfolio, digitalization, the launch of new more

9 apr 2025

Romania's mergers and acquisitions (M&A) market recorded 51 transactions in the first quarter of 2025, with an estimated combined value of USD1 billion, reflecting a 25% decline in the number of deals more

9 apr 2025

Romania's trade balance posted a deficit of EUR5.62 billion in January-February 2025, higher by 35.1% than the level recorded in the same interval of 2024, data from the country's statistical office more

8 apr 2025

Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, held by the Stanciu family, ended 2024 with a turnover of RON317 million (EUR63.7 more

8 apr 2025

UniCredit Bank and the European Bank for Reconstruction and Development (EBRD) have signed a synthetic securitization agreement for a portfolio of nearly EUR775 million, which includes loans for small more

8 apr 2025

OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached a total hydrocarbon production of 107.5 thousand barrels of oil equivalent (boe) per day, in the first quarter of more

8 apr 2025

Alfa Group, held by entrepreneur Alin Niculae, is currently building the second phase of the Cloud9 Residence residential project in Bucharest's north-eastern area of Pipera, and is readying to launch more

7 apr 2025

State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has signed a contract with the winning bidder of a tender for the Li-ion battery storage project more

7 apr 2025

Romania's Finance Ministry raised RON897 million from banks on Monday (April 7), selling government paper in two auctions, at annual average yields of 7.10% and 7.22%, respectively. more

7 apr 2025

BRD acted as Green Loan Coordinator for the RON1.7 billion loan granted by a syndicate of banks to the company Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia more

7 apr 2025

The National Bank of Romania (NBR) has decided at its Board meeting on Monday (April 7, 2025) to keep its key interest rate unchanged at 6.5% a year, being the bank's third consecutive rate freeze so more

7 apr 2025

The total monthly average income in Romania stood at RON8,568 per household, in nominal terms, in Q4/2024, representing RON3,424 per person, 3.8% more both per household and per person compared to more

7 apr 2025

Astra Rail Industries, a company controlled by U.S. giant Greenbrier, has decided to close the railcar factory in Romania's Arad. more

7 apr 2025

Romania's Competition Council has approved the transaction by which Japan's Niterra Co., Ltd. plans to acquire Japan's Toshiba Materials Co., Ltd.. more

7 apr 2025

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 1.1% in unadjusted data and by 3.3% when adjusted for seasonality and number of working days, in more

4 apr 2025

The European Union member states with the highest current account deficit in the fourth quarter of 2024 were Romania (minus EUR9.4 billion, compared with minus EUR8.5 billion in the third quarter of more

4 apr 2025

Skanska has signed an agreement to sell the first phase of Equilibrium office complex in Bucharest to Gordiusz Private Equity Fund, managed by Gránit Asset Management. more

4 apr 2025

Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers. more

3 apr 2025

Tire and inner tube distributor Nexxon ended 2024 with a turnover of RON215.6 million (EUR43.3 million), up 0.5% versus 2023, in line with calculations by Ziarul Financiar (ZF) daily based on finance more

3 apr 2025

Self-adhesive labels and flexible packaging producer Sunimprof Rottaprint exported its products to 16 countries worldwide in 2024, compared to 14 countries in 2023, and targets a nearly 10% annual more

3 apr 2025

77% of CEOs in Romania expect AI will be systematically integrated into business processes and operations to a moderate, high or very high extent over the next three years, according to the PwC Global more