09.09.2022

CTP will near 2.5 million of logistic space in Romania, out of a total 6.3 million square meters of modern industrial and logistic space locally after the completion of new warehouses, after having more

09.08.2022

Three out of four companies worldwide expect to see sales growth in 2022 and 2023, reveals the "CxO Priorities 2022” study by Horvath, a management consulting company with more than 40 years of more

09.08.2022

Romania’s economy is likely to growth almost 4.5 times in the next 40 years, said the representatives of the Foreign Investors Council (FIC) at an event organized by the council. The process can be more

09.07.2022

Romania’s statistics board INS has reconfirmed the country’s economic growth at 5.8% both in unadjusted data and in seasonally adjusted data for the first half of 2022 as compared with the same more

09.05.2022

Retail turnover, the main barometer for private consumption, in the first seven months of this year went up by 4.8% in gross series, from the same period of last year, amid rising sales of fuel (by more

09.02.2022

Industrial production prices, a key indicator in gauging inflation, in July 2022 rose by 5.2% on the month and by 52.3% compared to July 2021, both on the domestic market and for the foreign one, with more

09.02.2022

In 2Q/2022, vs 2Q/2021, hourly labor costs in adjusted form (by the number of working days) rose by 11.67%, in line with statistics board (INS) data. more

09.02.2022

Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), reached underwritten premiums worth above RON1 billion in the first half of this year, 45% more than in the same period of more

08.30.2022

Agribusiness group Agricover posted RON1.3 billion total consolidated revenue in the first half of 2022, double as much as in the same period in 2021 and operating profit of RON72 million, an increase more

08.25.2022

The volume of trade between Germany and Romania continues its upward trend in the first half of 2022, reaching EUR18.4 billion, 12.3% above the year-ago period, the latest figures from the Federal more

08.24.2022

Euroins Romania, the largest insurer in the country after the bankruptcy of City Insurance, is taking tentative steps in the non-auto liability insurance (RCA) area, posting significant increases in more

08.23.2022

Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switzerland and more

08.18.2022

Romanian pharmaceutical manufacturer Antibiotice (ATB.RO) Iasi’s total revenue from sales reached RON248.1 million in the first half of 2022, up 54% on the RON161.4 million in the year-ago period, more

08.17.2022

Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board INS said more

08.16.2022

Aquila (AQ.RO), the leading player in the local market for integrated distribution and logistics services, announces that its own brands Gradena and LaMasa saw a 33% increase in value in the first more

08.12.2022

Solder paste and adhesive materials manufacturer Heraeus Romania, the local subsidiary of Germany’s Heraeus, posted revenue of RON291.1 million (EUR59.2 million) in 2021, up about 28% from the more

08.11.2022

Romanian-held bakery producer Pambac posted more than RON263 million (EUR53.5 million) revenue in 2021, up 22.6% compared with the previous year’s RON214.5 million (EUR44.3 million), according to more

08.05.2022

Adrian Ariciu, CEO of Metro Cash&Carry Romania, says the company counts on growth in 2022 as its clients’ businesses are rising, its share of the distribution market in is on an upward trend and more

08.03.2022

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, on Wednesday, August 3rd, reached 8.05% more

08.02.2022

Nestlé Romania plans to keep in 2022 the growth pace of the first half of the year and thus end the year with an increase of over 10% in sales compared to 2021, according to Silvia Sticlea, Nestlé more

07.27.2022

The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, went up to 7.71% a year on July 27, 2022, from 7.56% more

07.26.2022

The Lasselsberger Ceramics Romania Group, the manufacturer of Cesarom brand ceramic tiles, formed by the companies Sanex and Lasselsberger, is counting on a 12% increase in business in 2022, after a more

07.25.2022

Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data more

07.25.2022

The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, reached 7.51% a year on Monday, July 25, up 15 basis more

07.15.2022

The Romanian capital market was influenced by the shock of the war in Ukraine, but the impact was smaller than the crisis generated by the emergence of the COVID 19 pandemic, and in the long run the more