04.27.2023

The seven mandatory private pension funds in Romania, known as Pillar II, ended 2022 with a total turnover of RON344 million, down 43% from 2021, and a 65% lower profit, of RON87 million, as per more

03.23.2023

Private lending in February 2023 rose by 10.6% against the same period of 2022, to RON365.8 billion, as local currency lending went up by 4.3% and the foreign currency one increased by 27.4%, in line more

03.13.2023

Private consumption in Romania expressed through the volume of retail sales grew almost 6% in January 2023 compared to January 2022, which translates into a significant acceleration versus a 3.6% more

02.23.2023

Private lending in Romania grew by 11.5% in nominal terms (-3.1% in real terms) in January 2023 versus January 2021 to RON364 billion, as local currency lending increased by 6.4% (-7.5% in real terms) more

01.25.2023

Private lending in Romania grew by 12.1% in nominal terms (-3.6% in real terms) in December 2022 versus December 2021 to RON363.59 billion, as local currency lending increased by 6.6% (+8.4% in real more

11.24.2022

Private lending in Romania grew by 14.7% in nominal terms (-0.5% in real terms) in October 2022 compared with October 2021 to RON363.59 billion, as local currency lending increased by 12.4% (+2.6% in more

11.22.2022

Smithfield Europe, a subsidiary of US-based Smithfield Foods, has entered into an agreement to acquire Goodies Meat Production SRL, a Romanian producer of private-label meat products for the retail more

11.14.2022

Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector and who are now more

11.01.2022

Insurance-reinsurance brokerage Millenium Insurance Broker, a company majority held by mobility network Autonom Services, during October 17-25 period carried out a private placement with a view to its more

10.25.2022

Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, expressed in more

09.29.2022

International Finance Corporation (IFC), a member of the World Bank Group, ramped up support for Romanian companies with a record investment of $458 million between July 2021 and June 2022 in order to more

09.23.2022

Private lending in Romania grew by 15.9% in August 2022 compared with August 2021 to RON359 billion, as local currency lending increased by 16.8% and foreign currency lending expressed in lei by more

09.12.2022

According to the representatives of PENNY Romania, private labels account for around 30% in the company’s business and their weight is set to grow further in the coming period. 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

08.24.2022

Private lending in Romania grew by 16.8% to RON358.1 billion in July 2022 compared with July 2021, as local currency lending increased by 18% and foreign currency lending expressed in lei by 13.9%, more

08.19.2022

Real estate developer Impact Developer & Contractor (IMP.RO) has notified the capital market that it closed a private placement for the subscription of up to 125 million newly issued ordinary shares, more

08.18.2022

Real estate developer Impact Developer & Contractor (IMP.RO), held by businessman Gheorghe Iaciu, on Thursday informed the capital market about the opening of a private placement for the subscription more

08.04.2022

Private labels developed by retailers, ever more present on shelves in recent years, are likely to “steal” sales of EUR1-2 billion from major brands in 2022, as Romanians are ever more more

08.03.2022

Retail turnover, the main barometer for private consumption, in the first six months of this year went up by 5.2% in gross series from the year-earlier period, amid rising sales of car fuel (+9.6%), more

07.28.2022

MOL Romania, one of the biggest players in Romania’s oil sector, says the non-fuel segment plays a key role in its development strategy, with the group recently entering the segment of private 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

07.19.2022

Private consumption increased in the second quarter of 2022 compared with the year-ago period, while investments followed a downward trend, which makes a decisive impact on the decline of the annual more

06.27.2022

Private lending in Romania grew by 16.5% in nominal terms (1.8% in real terms) to RON345.2 billion in May 2022 compared to May 2021, as local currency lending increased by 20% (4.8% in real terms) and more

05.24.2022

Private lending in Romania grew by 15.8% in nominal terms (1.8% in real terms) to RON339 billion in April 2022 compared to April 2021, as local currency lending increased by 19.6% (5.1% in real terms) more

05.04.2022

Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in specialized more