12.06.2024

Romania's economy inched 0.8% higher both in unadjusted data and seasonally adjusted data, in the first nine months of 2024 compared to the same period of 2023, provisional data from the country's more

11.27.2024

Healthy food company SanoVita expects revenue to reach RON90 million by the end of 2024, an increase of 10% on 2023, its officials say. more

11.26.2024

Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign currency more

11.25.2024

In the past 16 years, the number of microenterprises, small and middle-sized companies has gone up by almost 40%, with the growth primarily supported by a rising number of microenterprises, in line more

11.21.2024

Retailer dm drogerie markt Romania ended fiscal 2023-2024 on September 30 with RON1.77 billion revenue, an increase of 35.35% on the previous year. more

11.14.2024

Premier Energy (PE.RO), one of Romania's largest natural gas suppliers, posted EUR815.8 million (RON4 billion) revenue in the first nine months of 2024, up 25% from the same period a year earlier, and more

11.14.2024

Erste Group, the owner of Banca Comerciala Romana (BCR), said in a report released on Thursday (Nov 14) that it had lowered its full-year economic growth forecast for Romania to 0.8%, down from its more

11.14.2024

Romania's economy increased by 1.1%, in unadjusted data, in the third quarter of 2024 compared to the same period of 2023, but remained unchanged in real terms versus the second quarter of 2024, flash more

11.13.2024

Lidas, a company held by entrepreneur Elena Anastase, which owns an industrial bakery in Mineri, Tulcea County, and its own network of stores, posted RON163.5 million (EUR33 million) revenue in 2023, more

11.08.2024

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON3.9 billion consolidated net profit in January-September, an increase of 70% on the year-ago period, while operating income was more

11.07.2024

Six of the ten largest builders in Romania forecast turnover growth this year, particularly supported by public works, reveals an IBC Focus survey, while 20% see stagnation and 20% a decline. more

11.07.2024

New retail project deliveries are likely to cross the 200,000-sqm threshold this year as well, close to the level of 2023, when developers built 213,000 square meters of new retail spaces, a more

11.01.2024

Appraisal & Valuation (APP.RO), a company that provides real estate appraisal, consulting and development services, posted RON5.1 million revenue in January-September 2024, up 27% from the year-ago more

11.01.2024

Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news conference. more

10.31.2024

Fashion retailer Fashion Days, part of eMAG group, saw its sales on the Romanian market rise by 13.8% during the January-September period against the year-earlier period. more

10.23.2024

Romania private lending went up by 8.4% in September 2024 against September 2023, to a total of RON413.2 billion, central bank data showed on Wednesday, October 23, 2024. more

10.23.2024

Romania Buy Now Pay Later (BNPL) market is in full swing, supported by fast digitalization and consumers’ changing behavior, said Alexandru Balaci, CEO of Mokka Romania, a provider of BNPL services. more

10.21.2024

Nestlé Romania reported solid organic growth of 5.7% for the first nine months of 2024, which reflects the team’s commitment to delivering high-quality products and meeting the evolving needs of more

10.21.2024

Barleta plant of Bacau, where paper bags are manufactured for major supermarket chains, fast-food networks or bakery producers, has boosted production capacity by 15% in the wake of operated more

10.17.2024

Frigoglass Romania, a producer of plastics and refrigerated display cases, part of the Greek Frigoglass Group, posted about RON605 million (EUR122.3 million) revenue in 2023, up 3.7% from the previous more

10.17.2024

The stock of industrial and logistics spaces in Romania is likely to overshoot 8 million square meters at end-2025, should the annual 500,000-sqm expansion pace maintain, is the conclusion of the more

10.14.2024

The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the more

10.11.2024

Romania continues to be a strategic center for Brazil’s Stefanini Group, which provides innovation and digital transformation solutions, owing to its capacity to attract talents and linguistic more

10.10.2024

Romania’s statistics board INS upwardly revised the country’s economic growth for the second quarter of 2024 against the same quarter of 2023 and the first quarter of 2024. more

10.10.2024

Foreign direct investments in Romania’s real estate and construction field in 2023 rose by EUR2.1 billion, holding the second biggest weight in the overall FDI at end-2023, namely 17.5%, reveal more