Romania Antitrust Body Slaps Ten Banks with RON3.73B Total Fine for Alleged ROBOR-Setting Collusion
yesterday, 11:34
Romania’s Competition Council has fined ten banks a total RON3.73 billion (EUR710 million) for breaching competition norms by colluding in the procedure of setting ROBOR.
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TeraSteel Opens EUR20M Plant Near Bucharest 03.02.2026
Thermal insulating panel producer TeraSteel at the end of last week opened its fourth plant, in Lehliu-Gara, Calarasi county. more
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Innobyte Reports RON15.1M Turnover for 2025, Up 8% YOY 03.02.2026
Innobyte, an e-commerce software developer, ended 2025 with RON15.18 million net turnover, up 8% from 2024. more
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TotalSoft Wants to Lift Weight of External Revenues to 70% in Turnover 03.02.2026
TotalSoft, the Romanian software company owned by Turkish group Logo Technology, is readying a business model reshuffle aiming to reverse the... more
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Romania Banking System Boasts Record High Profit of around RON16B in 2025 03.02.2026
The still high interest rates and continued lending drove the Romanian banking system profit to a record high of about RON16 billion in 2025, up... more
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Cold Cuts Maker Elit Cugir Reaches almost 50 Stores in Western Romania 03.02.2026
Elit, a leading meat processor in Romania, has reached a network of almost 50 own stores, from 35 units at end-2022, shows a ZF analysis based on... 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.