02.04.2025

The owners of Maviprod-IRUM Group based in Reghin expect revenue to be 10% higher in 2025 than in 2024, when it was about the same as in 2023. more

02.04.2025

Romania real estate investments reached EUR750 million in 2024, up 58% from 2023, but a little below the past decade’s annual average of EUR800 million, in line with Colliers annual report. more

02.03.2025

PragmaGo, the Polish fintech providing funding services for SMEs, supported by investment fund Enterprise Investors, aims for fast growth in Romania via local company Omnicredit it has acquired more

02.03.2025

Generali, Italy’s largest insurer and one of Europe’s top three, is closely monitoring any opportunity of growing Romania operations via acquisitions, but for the time being no such possibility is more

01.28.2025

BRD Asset Management managed a significant leap in the ranking of Romania’s largest investment managers by assets and reached the top position at the end of 2024, from fourth at the end of 2023, as more

01.27.2025

Private lending in Romania went up 8.9% to RON421.4 billion in December 2024 compared with December 2023 after the local currency lending rose by 11.5% and foreign currency lending advanced by 3.3%, more

01.23.2025

Viarom Construct, owned by Marius Daniel Badina, has budgeted RON330 million (EUR66.3 million) revenue for this year, up 25% from last year, according to ZF calculations based on data submitted by the more

01.22.2025

Local airports posted a new record high number of passengers in 2024, with 26 million persons transiting local terminals, up 6% from 2023, in line with data provided by the Romanian Airport more

01.21.2025

Romanian start-up VAUNT, which developed a platform that helps real estate developers with their sales and marketing processes, ended 2024 with 73 customers, which have more than 100 projects with a more

01.21.2025

IT and digital marketing services provider Zitec ended 2024 with a consolidated turnover of EUR34 million, which translates into an organic growth of 13%, despite a difficult political and economic more

01.21.2025

New passenger car registrations in Romania went up by 5.6% in 2024 against 2023, to 151,105 units, while at EU level new car registrations inched up by 0.8% to 10,632,381 units, in line with ACAROM more

01.17.2025

The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves have led to more

01.17.2025

FAN Courier, the leader of the parcel delivery market in Romania, ended 2024 with RON1.3 billion revenue, an increase of 12.5% on 2023, its officials announced. more

01.15.2025

Ford Transit&Tourneo Courier, Ford Puma, but also the new Dacia Duster have driven Romania automotive output to a record high volume of over 560,000 units, in line with ZF calculations based on market more

01.14.2025

Libris.ro, one of the largest online book retailers in Romania, posted significant growth of its book sales volume of 21% in 2024 compared with 2023. The average order stood at RON135 in Romania and more

01.13.2025

Europack Media, a Constanta-based wet wipe maker, is aiming for a 15% increase in revenue this year, after having overshot the RON100 million revenue mark in 2024, its officials said. more

01.10.2025

Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a second set of provisional data from the country's more

01.10.2025

December 2024 brought a strong price increase on the Bucharest market of old three-room apartments after a year and a half of advances. more

01.09.2025

EXE Software, a Romanian bespoke software development company, saw business growth in 2024 almost double the 10% target set at the beginning of the year. more

12.27.2024

Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency more

12.27.2024

Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central more

12.18.2024

Romania media market will end 2024 on a steady growth trend, despite economic and geopolitical challenges, and will reach around EUR778 million, up 11%, topping previous estimates, reveals Media Fact more

12.17.2024

E-commerce continues to grow at a fast pace in Romania, with 73% of internet users making online purchases in 2024, in line with national statistics board data quoted by the Romanian Association of more

12.10.2024

The Romanian real estate investment market ended the first three quarters of 2024 with deals worth almost EUR650 million, around three times more than in the year-earlier period, registering the more

12.10.2024

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic area, has signed an agreement for stock acquisition in Pehart Grup, one of southeastern Europe’s largest paper producers. more