07.19.2022

Romania’s public debt, in both lei and foreign currency, increased to more than RON600 billion in April 2022 from RON594 billion in March and to 49.2% of the GDP, Finance Ministry data show. more

05.24.2022

Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried out by more

05.17.2022

Only 5% of digitization projects completed, with application in the Romanian public sector, are actually used and continue to be developed and to benefit from maintenance services – as per an more

04.11.2022

Romania’s public debt, in both lei and foreign currency, increased by RON20.2 billion (EUR4.1 billion) in January-February 2022, to RON596.8 billion (EUR120.6 billion), in line with finance ministry more

03.30.2022

Romanian startup Vestinda, which developed a marketplace dedicated to crypto investments, on Wednesday announced the launch of a new version - Public Beta, company representatives said in a statement. more

12.16.2021

Romania’s public debt has decreased by RON4 billion to RON552.4 billion, or 48.2% of the country's gross domestic product (GDP), in October 2021, as compared to RON556.4 billion, or 48.5% of the more

12.07.2021

Romania’s public debt has increased by RON57 billion since the beginning of 2021 and reached RON556.4 billion, namely, 50.2% of Romania’s gross domestic product (GDP) in the last four quarters, in more

11.15.2021

Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from the more

10.18.2021

Chiajna-based Renaissance Public Service, the only Romanian-held TV set manufacturer, posteda turnover worth RON323 million in 2020, down 25% from 2019. Its profit rose, however, to over RON10 more

09.14.2021

Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per finance ministry data. more

08.03.2021

Established companies on the construction market, such as Concelex, Bog’Art or PORR, but also newer companies in the field, are reshuffling their strategies and betting more on public sector more

07.09.2021

Romania’s Financial Supervisory Authority (ASF) has approved the public offer document whereby Unirea Shopping Center, which manages two shopping centers in Bucharest and Brasov, seeks to buy more

07.09.2021

Public acquisitions in Romania reached a record value of EUR49 billion in 2019, fivefold higher than in 2009, per a report of the Institute for Public Policy (IPP). In 2020, the Romania State made more

07.07.2021

Romania's public debt should stay below 60% of the gross domestic product, or even 55%, and the country's budget deficit should return to below 3% within a reasonable time frame,central bank governor more

06.29.2021

Romania's public debt reached RON526.6 billion (EUR107.5 billion) at the end of April (EUR107.5 billion), accounting for 49.9% of the gross domestic product after just four months, as the government's more

04.09.2021

Alstom Transport, Spedition UMB and Sa & Pe Construct are the winners of the three largest public procurement contracts last year, when the top 20 such contracts were worth more than RON6.5 billion. more

03.17.2021

Romania's public debt reached RON503.6 billion at the end of January 2021, accounting for 47.8% of the gross domestic product (GDP), and exceeding for the first time the RON500 billion threshold, more

03.09.2021

The digitization of public services is an indisputable necessity, as it solves citizens' problems quickly and efficiently, especially in the current context of the pandemic, in which social more

02.24.2021

Romania's public debt reached RON498.3 billion at the end of 2020, accounting for 47.7% of the gross domestics product, compared with 35.3% of GDP in 2019, finance ministry data showed Wednesday. more

02.12.2021

Romania's government has set a cap on the country's public debt at 55% of gross domestic product for 2021 under EU methodology. more

02.09.2021

Romania had 1.249 million public sector employees at the end of 2020, with nearly 9,000 hired in the last two months of the year, finance ministry data showed. more

12.28.2020

Prime Minister Florin Citu on Monday said the salaries of employees in the public sector would be frozen at the level of December 2020. more

12.16.2020

Investment fund Fondul Proprietatea (FP.RO) announced Wednesday on the stock market the closing of the public tender offer for the purchase of shares or global depositary receipts (GDR). more

11.19.2020

Romania’s public debt stood at RON451 billion, or 42.9% of the gross domestic product (GDP) at the end of September 2020, higher by RON77 billion than the level reported at the end of 2019, finance more

07.16.2020

Developments in public health continue to generate unprecedented uncertainty and major risks to the outlook for economic activity and to financial market functioning, with an impact on macroeconomic more