11.11.2019

The restaurant and coffee shop market (Food & Beverage) in Romania has grown constantly in recent years due to wage and purchasing power growth and higher numbers of foreign visitors and is seen more

09.27.2019

Eight companies account for more than 20% of the total retail in Romania, an industry with more than 126,000 companies and cumulated revenue of 224 billion lei (EUR47 milion). more

08.07.2019

The number of companies that went insolvent in Romania in the first half of 2019 was 33% lower compared with the same period in 2018, Coface Romania said in a report Wednesday. more

12.21.2018

The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report. more

10.11.2018

Romania places 67th among 157 countries regarding the human development potential, in a ranking compiled by the World Bank. more

05.07.2018

Investments in the Black Sea hydrocarbon sector will generate revenue of over $26 billion to the state budget and an additional $40 billion to Romania’s gross domestic product (GDP) until 2040, more

01.30.2018

more

01.17.2018

Although they recouped a large part of the decline recorded during the time of economic recession, housing prices in Romania were 31.5% lower on average in the last quarter of 2017 than in the same more

11.15.2017

Challenges to judicial independence are a serious source of concern and, while Romania has made some progress under the Cooperation and Verification Mechanism (CVM), reforms have stalled and the more

07.17.2017

Entrepreneurs in Bucharest, Oradea, Ploiesti and Timisoara find it easier to start a business than those in Constanta and Craiova, according to the World Bank’s new report– Doing Business in the more

05.30.2017

The efficiency of the Romanian banking staff is still low, given the low financial intermediation, as a banking employee manages EUR1.7 million, compared with EUR15.1 million in the EU, reveals the more

02.21.2017

Romania’s industrial sector, which includes activities such as raw material processing, mining, energy, water and waste, fell by 15 points in January below the 50-point threshold which separates more

02.16.2017

Romanian privately-held companies were three times more profitable than multinationals in 2015, with a net result (profits minus losses) of 27 billion lei (EUR5.99 billion) and RON551 billion revenue, more

01.16.2017

more

12.13.2016

The debt discharge law and the law regarding the conversion of foreign currency loans into Romanian lei trigger lower risks for the country’s financial stability, deputy central bank governor Liviu more

11.22.2016

World Bank warns that the approaching general elections in December 2016 increase the risk of further ad hoc spending and slowdown in the implementation of structural reforms in Romania, thus, fiscal more

10.26.2016

Romania climbed one spot and ranks 36th in World Bank’s "Doing Business 2017" report, which analyzes the business environment in 190 countries. more

08.22.2016

The number of vacant jobs rose 25% on the year in the first half of 2016 and the job vacancy rate rose by 20%, at a weight of 1.25%, a record level since 2008, according to a report drafted by more

07.21.2016

The real estate market keeps its upward trend, with the total demand reaching 100,700 sqm in the second half of the year and 205,500 sqm in the first half, accounting for 86% of the total demand in more

07.18.2016

Mobile telephony market in Romania fell 2% to EUR2.05 billion in 2015, but the evolution is better than the previous years given that the industry is returning to growth, according to Orange annual more

07.12.2016

Romania ranks 5th in Europe by the price increase for residential property in the first six months of the year, but the price of EUR900/sqm is one of the lowest among 15 analyzed European states, more

05.19.2016

Consumer confidence is at the highest level since December 2013 in Romania, while the international business environment expects the country to be one of the five top markets this year, according to a more

05.10.2016

Successive cuts in the value-added tax affect more than 80% of the consumer basket and the most recent VAT cut in January targeted about half of the consumer basket, central bank governor Mugur more

04.22.2016

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) expects a gross profit of RON3 million in 2016, versus a loss of RON22 million in 2015, according to a report sent more

02.26.2016

The implementation of the current version of the law on debt discharge may generate a systemic risk for the entire banking sector, a major risk for the macroeconomic evolution and could also have a more